If Customer cancels an order less than 60 days but more than 31 days before the ship date specified on the first page of the Order Confirmation, subject to any provisions of Customer's local law to the contrary, cancellation charges of 25% of the total order price will apply. If Customer cancels an order less than 30 days before the ship date specified on the first page of the Order Confirmation, subject to any provisions of Customer's local law to the contrary, cancellation charges of 50% of the total order price will apply. Any conduct constituting a breach or repudiation of these Terms and Conditions by Customer, such as failure to obtain a timely letter of credit as required, will be deemed to be a cancellation by Customer.