Common use of Cancellation of Purchase Orders Clause in Contracts

Cancellation of Purchase Orders. (a) Supplier may, in its sole discretion, without liability or penalty, cancel any Purchase Order placed by Reseller and accepted by Supplier, in whole or in part: (i) if Supplier discontinues its sale of Products or reduces or allocates its inventory of Products; (ii) if Supplier determines that Reseller is in violation of its payment obligations under or has breached or is in breach of this Agreement; or (iii) pursuant to Supplier s rights under Section 10.04. (b) Reseller shall have no right to cancel or amend any Purchase Order submitted by it.

Appears in 2 contracts

Samples: Product Reseller Agreement, Reseller Agreement (Hpil Holding)

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Cancellation of Purchase Orders. (a) Supplier Seller may, in its sole discretion, without liability or penalty, cancel any Purchase Order placed by Reseller Distributor and accepted by SupplierSeller, in whole or in part: (i) if Supplier Seller discontinues its sale of Products Tools or reduces or allocates its inventory of ProductsTools; or (ii) if Supplier Seller determines that Reseller Distributor is in violation of its payment obligations under or has breached or is in breach of this Agreement; or (iii) pursuant to Supplier s rights under Section 10.04. (b) Reseller shall have Without the express written consent of Seller, Distributor has no right to cancel or amend any Purchase Order submitted by it.

Appears in 1 contract

Samples: Exclusive Channel Partner & Distribution Agreement (Superior Drilling Products, Inc.)

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Cancellation of Purchase Orders. (a) Supplier may, in its sole discretion, without liability or penalty, cancel any Purchase Order placed by Reseller and accepted by Supplier, in whole or in part: (i) if Supplier discontinues its sale of Products or reduces or allocates its inventory of Products; ; (ii) if Supplier determines that Reseller is in violation of its payment obligations under or has materially breached or is in material breach of this Agreement; or (iii) pursuant to Supplier s rights under Section 10.04.or (b) With the exception of Xxxxxxxx’s right under Section 9.03 to cancel a Purchase Order, Reseller shall have has no right to cancel or amend any Purchase Order submitted by it.

Appears in 1 contract

Samples: Product Reseller Agreement

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