Terms & Conditions
1. PARTIES
The term “Company” herein refers to the seller as specified on the Quotation, Order Confirmation, and/or Acknowledgment and Invoice. The term “Buyer” refers to the recipient as specified on the aforementioned documents.
2. ACCEPTANCE
The terms and conditions of sales, in addition to the price, quantities, delivery schedule, and other provisions outlined in the Company’s Quotations and Order Confirmations and/or Acknowledgments, apply.
3. DELIVERY
Products will be shipped according to the agreed terms of delivery stated in an accepted purchase order as detailed in the Company’s Quotation, Order Confirmation, or Acknowledgment. Upon receipt, the Buyer should inspect all shipments promptly. Any evidence of damage or loss during transit should be reported to the carrier by the Buyer, with the Company providing assistance upon request. Trade terms are subject to interpretation in accordance with the Incoterms 2002 of the International Chamber of Commerce unless otherwise specified.
4. WARRANTY & REPLACEMENT
The Company warrants that all products provided under an accepted purchase order shall conform to specified design, specifications, and quality standards. Products shall be free from defects in material and workmanship, and the Company asserts title to the products. This warranty is valid for one (1) year from the date of delivery and covers replacement of defective products at no charge to the Buyer, C&F destination. However, it is conditioned upon the Company’s receipt of written notice of any alleged defect promptly upon discovery. No product shall be returned without prior written consent from the Company.
5. PRICES
Prices stated in the quotation or acknowledgment supersede previous prices or quotations. All quotations are valid for sixty (60) days, unless specified otherwise.
6. PAYMENT
Payment terms are T/T 100% before shipment, unless otherwise agreed upon in writing prior to the sale.
7. DELIVERY RESCHEDULING
The Company will make reasonable efforts to meet agreed delivery dates provided that the Buyer has provided all necessary shipping information in advance. If the Buyer is not ready to accept delivery, the Company reserves the right to deliver products in consignment at the Buyer’s expense.
8. CANCELLATION
Buyer may cancel its order or any part thereof by providing written notice to the Company and paying a reasonable cancellation fee, reflecting expenses already incurred and commitments made by the Company. If Buyer received a reduced price based on quantity but has not purchased the applicable quantity at the time of cancellation, Buyer will pay the difference in price.
9. CHANGES
If Buyer makes changes that affect the cost of performance of the contract, an equitable adjustment will be made. The Company may also make changes to its products with reasonable notice to the Buyer.
10. EXCUSABLE DELAY
The Company is not liable for failure to fulfill orders due to specified circumstances. Either party may terminate the agreement if such failure lasts for one (1) month.
11. PATENTS
The Company shall defend all suits arising from claimed infringements of patents, trademarks, or copyrights related solely to the Company’s products.
12. SET OFF
The Buyer waives rights to offset claims against payments due for products sold and agrees to pay amounts due regardless of any claimed offset.
13. APPLICABLE LAW
The document and resulting contract are governed by the laws of the State or Country of the Company, excluding choice of law rules and the UN Convention for the International Sales of Goods.
14. MODIFICATION
These terms, along with provisions in the Quotation and Order Confirmation and/or Acknowledgment, constitute the entire agreement and can only be modified in writing.
End of terms and conditions.
