A Cancellation Letter For Purchase Order is essential when a business needs to formally terminate a purchase order before completion. Under Singapore's legal framework, this document provides written confirmation of the cancellation, protecting both parties' interests by clearly stating the cancellation terms, effective date, and any financial settlements. It should reference the original purchase order details and provide clear reasoning for the cancellation. This document is particularly important for audit trails and maintaining clear business records in accordance with Singapore's commercial practices.
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1. Reference Information: Original purchase order number, date, company details and related identifiers
2. Clear Statement of Cancellation: Explicit declaration of intent to cancel the purchase order with reference to relevant contractual rights
3. Reason for Cancellation: Brief explanation of why the purchase order is being cancelled, citing specific grounds
4. Effective Date: Specification of when the cancellation takes effect and any notice period details
5. Financial Settlement: Treatment of any payments made or pending, including refund arrangements if applicable
1. Goods in Transit: Instructions for handling any goods already shipped or in production
2. Alternative Arrangements: Proposed alternative solutions or future arrangements for maintaining business relationship
3. Legal Consequences: Statement about legal implications of cancellation and rights reserved
1. Original Purchase Order: Copy of the purchase order being cancelled with all relevant details
2. Payment Records: Documentation of any payments made or pending related to the purchase order
3. Shipping Documentation: Relevant shipping or delivery documentation if goods are in transit
Relevant legal definitions
Clauses
Reference Details
Cancellation Declaration
Effective Date
Payment Terms
Refund Provisions
Goods Return
Liability
Force Majeure
Settlement Terms
Dispute Resolution
Governing Law
Notice Requirements
Confidentiality
Acknowledgment
Representations
Indemnification
Entire Agreement
Severability
Amendment
Counterparts
Cancellation Declaration
Effective Date
Payment Terms
Refund Provisions
Goods Return
Liability
Force Majeure
Settlement Terms
Dispute Resolution
Governing Law
Notice Requirements
Confidentiality
Acknowledgment
Representations
Indemnification
Entire Agreement
Severability
Amendment
Counterparts
Relevant Industries
Relevant Teams
Relevant Roles
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