Common use of RIGHTS AND OBLIGATIONS OF COMPANY Clause in Contracts

RIGHTS AND OBLIGATIONS OF COMPANY. a. Acceptance of Orders COMPANY agrees to accept orders placed for Products which are submitted in compliance with this Agreement. Orders shall be considered accepted on the mailing of their formal order acknowledgment. Shipment of all or part of the goods ordered shall also be considered accepted on the same terms, but shipment of an order shall not obligate COMPANY to make further shipments. COMPANY shall have no obligation to ship unless the terms of payment are satisfactory to COMPANY at is sole and absolute discretion, at the time of shipment.

RIGHTS AND OBLIGATIONS OF COMPANY. a. Acceptance of Orders COMPANY agrees to accept orders placed for Products which are submitted in compliance with this Agreement. Orders shall be considered accepted on the mailing of their formal forma order acknowledgment. Shipment of all or part of the goods ordered shall also be considered accepted on the same terms, but shipment of an order shall not obligate COMPANY to make further shipments. COMPANY shall have no obligation to ship unless the terms of payment are satisfactory to COMPANY at is its sole and absolute discretion, at the time of shipment.