Cancelled Varieties Clause Samples
The "Cancelled Varieties" clause defines the treatment of products or items that have been discontinued or are no longer available for sale or distribution. In practice, this clause typically outlines the rights and obligations of the parties regarding inventory, marketing, or replacement of such cancelled varieties, and may specify procedures for notification or substitution. Its core function is to provide clarity and prevent disputes by establishing how discontinued items are managed within the contractual relationship.
Cancelled Varieties. Varieties with the registration status of cancelled by the appropriate governing body, as determined by AFSC, are not eligible for Coverage.