Program Cancellation or Termination Sample Clauses

Program Cancellation or Termination. Purchaser reserves the right to cancel the Vehicle Program or any vehicle-related program subject to the obligations upon termination set forth in the General Terms and Conditions of Purchase (Exhibit A). In the event of a termination or program cancellation, Purchaser has no liability to Seller for lost profits, unabsorbed overhead, capital investment, product development and engineering costs, unamortized depreciation costs, penalties, or general or administrative charges.