BRN 0.00% 24.5¢ brainchip holdings ltd

Just for giggles it'd be fun to know what clause SN Tech...

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    Just for giggles it'd be fun to know what clause SN Tech cancelled under


    14. CANCELLATION - Buyer’s rights and obligations with respect to cancellation of Purchase Orders shall be governed by this Section 14. (a) In the case of Standard Product, Seller must receive Buyer’s written cancellation notice no less than thirty (30) days prior to Seller’s scheduled ship date indicated in the Order Acknowledgment. (b) In the case of Application Specific Product, Seller must receive Buyer’s written cancellation notice no less than ninety (90) days prior to Seller’s scheduled ship date indicated in the Order Acknowledgment. (c) In the case of Custom Product, Seller must receive Buyer’s written cancellation notice no later than one hundred and eighty (180) days or the quoted lead for that specific device, whichever is longer, prior to Seller’s scheduled ship date indicated in the Order Acknowledgment. (d) In the case of Discontinued Product, Buyer’s Purchase Orders are noncancellable, nonreschedulable, and nonreturnable, unless Seller agrees in writing otherwise. (e) Notwithstanding the provisions of Sections 14(a) through 14(c), if the Buyer cancels, at any time, Seller may, at its election, be entitled to receive from Buyer reimbursement for the costs, direct and indirect, of all work in process at the time of cancellation, NRE cancellation expenses as specified in the quote plus reasonable profit and any extra shipping or customized charges. (f) If Buyer cancels any portion of the Product indicated on the Order Acknowledgment, Buyer shall be liable for the adjustments to the purchase price on the Product actually purchased as specified in Section 3 and Seller shall be entitled to collect such adjustment in the manner specified therein.

 
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