Buyer may cancel, in whole or in part, a Purchase Order pursuant to these Terms and Conditions at any time prior to its acceptance by PMAD, or at any time prior to (i) PMAD undertaking any meaningful steps in the manufacturing process, such as purchasing, provisioning, or applying any custom ingredients, or (ii) purchasing, or committing to purchase, additional inventory or raw materials to fulfill a Purchase Order (in any event under (i) or (ii), the “Advanced Materials”), provided, further, that Buyer will only be responsible for payment for the Advanced Materials and a twenty percent (20%) convenience charge in such event. Additionally, Buyer may cancel a Purchase Order for in whole or in part, if PMAD becomes bankrupt or insolvent, or if PMAD’s business is placed in the hands of a receiver, assignee, or trustee, whether by voluntary act of PMAD or otherwise, or undergoes any proceeding analogous to the foregoing, but in each case, only to the extent that PMAD is rendered unable to fulfill its obligations under these Terms and Conditions. Recognizing that Buyer is purchasing custom Goods hereunder, which may not be resold by PMAD, Buyer may not cancel a Purchase Order for any other reason except as expressly set forth herein, and hereby waives any right under law or equity to otherwise cancel any Purchase Order.