Common use of For Buyers Convenience Clause in Contracts

For Buyers Convenience. Buyer may terminate, for its convenience, all or any part of this Agreement at any time by written notice to Seller. Upon such termination settlement shall be made in accordance with the principles contained in Federal Acquisition Regulation (FAR) 52.249-2 in effect as of the date of this Agreement, except that Seller must submit any claim for equitable adjustment for termination to Buyer within forty-five (45) days after the effective date of termination, or such claim shall be absolutely and unconditionally waived.

For Buyers Convenience. Buyer may terminate, for its convenienceconvenience or the convenience of its Customer, all or any part of this Agreement AGREEMENT at any time by written notice to Seller. Upon such termination termination, settlement shall be made in accordance with the principles contained in Federal Acquisition Regulation (FAR) 52.249-2 in effect as of the date of this AgreementAGREEMENT, except that Seller must submit any claim for equitable adjustment for termination to Buyer within forty-five (45) days after the effective date of termination, or such claim shall be absolutely and unconditionally waived.