Common use of Stop Order Clause in Contracts

Stop Order. Buyer may at any time and by written Order to Seller require Seller to stop all, or any part of, the Goods or Services being provided hereunder for a period not to exceed ninety (90) days (“Stop Order”). Upon receipt of the Stop Order, Seller will immediately comply with the terms of the Stop Order and will take all reasonable steps to minimize the incurrence of costs allocable to the Goods covered by the Stop Order. Within the ninety-day period, Buyer will either (i) cancel the Stop Order; or (ii) terminate the Goods covered as provided in the Termination provisions of this Order. If the Stop Order is canceled or the ninety-day period expires, Seller shall resume Goods and an equitable adjustment as to cost and/or schedule shall be made in accordance with the Changes provision.

Appears in 10 contracts

Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase, Terms and Conditions of Purchase

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Stop Order. Buyer may at any time and by written Order PO to Seller require Seller to stop all, or any part of, the Goods or Services being provided hereunder for a period not to exceed ninety (90) days (“Stop Order”). Upon receipt of the Stop Order, Seller will immediately comply with the terms of the Stop Order and will take all reasonable steps to minimize the incurrence of costs allocable to the Goods covered by the Stop Order. Within the ninety-day period, Buyer will either (i) cancel the Stop Order; or (ii) terminate the Goods covered as provided in the Termination provisions of this OrderPO. If the Stop Order is canceled or the ninety-day period expires, Seller shall resume Goods and an equitable adjustment as to cost and/or schedule shall be made in accordance with the Changes provision.

Appears in 2 contracts

Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase

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