Common use of CANCELLATION/RESCHEDULE OF PRODUCTION ORDERS Clause in Contracts

CANCELLATION/RESCHEDULE OF PRODUCTION ORDERS. 11.1 Requests for cancellation must be made in writing, and the following terms shall apply unless otherwise agreed in writing between TAEC and the Customer. Cancellation fees will be assessed based on the length of time from the date a written notice is received by TAEC to the first scheduled shipment date. 0 - 30 days [***] 31- 60 days [***] 61- 90 days [***] 91-120 days [***] 11.2 Re-schedule requests must be made in writing sixty (60) days before the original delivery date. Any order may be re-scheduled only once. Requests to delay shipments may not exceed ninety (90) days from the original committed delivery date. The re-scheduled order may not be canceled or further modified, and Customer will be liable for full payment of the selling price. Within next 60 days [***] Within 60-120 days [***] Over 120 days [***]