In the event of any breach of the terms, conditions or warranties to this contract with the buyer or in the event of the death, dissolution, bankruptcy or insolvency of the Seller, the Buyer shall have the right to cancel this Contract with Seller or reject the merchandise or to dispose of it for the account of the Buyer at a time and price which the Buyer deems reasonable and the Seller is bound to reimburse the Buyer for any loss or damage sustained therefrom including but not limited to loss of profits obtainable from resale by the Buyer and the damages caused by the Buyer's liability to purchase from the Buyer of the merchandise on resale
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