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Terms & Conditions of Sale
The following are the terms and
conditions of sale of National Imports LLC products or services to you.
1.
DEFINITIONS
"Goods" means the Goods and Services including any installment of the
Goods or any parts for them which the Seller is to supply in accordance
with these conditions.
"Buyer" means the person
who accepts a quotation of the Seller for the sale of the Goods or
Services or whose order for the Goods or Services is accepted by the
Seller.
"Seller" means National Imports LLC.
2.
ACCEPTANCE
These Terms and Conditions of Sale, together with information
contained in Seller's written product order acknowledgment and/or invoice
(and any additions or revisions mutually agreed to in writing by Seller
and Buyer), shall constitute the entire agreement and understanding of
Seller and Buyer with respect to the purchase and sale of Seller's
products, superseding all prior oral or written understandings relating
thereto. If Buyer's order contains provisions inconsistent with the
provisions hereof, these terms and conditions shall prevail. Buyer's
acceptance of delivery of or payment for any products provided hereunder
shall constitute Buyer's acceptance of all terms and conditions herein.
3.
TERMS OF PAYMENT
Unless otherwise stated on Seller's acknowledgment and/or invoice, Buyer
shall pay all amounts due for products purchased hereunder in cash within
thirty (30) days from the date of Seller's invoice, provided that in the
event Seller reasonably deems Buyer's financial status unsatisfactory or
Buyer is in default of any obligation of Buyer to Seller, Seller (without
prejudice to any other rights or remedies it may have) may require payment
in full in cash of all amounts payable to Seller by Buyer under Seller's
invoice or otherwise prior to shipment of any products thereunder. Buyer
shall pay an additional interest and service charge in the amount equal to
one and one-half percent (1.5%) of the unpaid balance per month (or
portion thereof), or if less, at the highest interest rate permitted by
applicable law, accruing from the applicable due date. Buyer shall not
withhold or set off from any amounts due to Seller, any amounts claimed to
be owed by Seller to Buyer for any reason whatsoever.
4.
PRICES
Unless otherwise expressly indicated in writing by Seller, prices for all
products are as noted on Seller's price list as in effect on date of
shipment. All prices are based on quantity indicated and, unless otherwise
indicated on Seller's acknowledgment and/or invoice, are F.O.B. the
location of Seller's facility from which products are shipped. Unless
otherwise indicated on Seller's acknowledgment and/or invoice, Buyer shall
pay, and be exclusively liable for, all costs of shipping, delivery,
insurance and the like after the Seller has effected delivery of the
products to the carrier.
5.
TAXES
Prices do not include any tax or other governmental charge or assessment
on the sale, shipment, production or use of any products sold to Buyers
hereunder. Such taxes and charges, when applicable, may appear as separate
additional charges on Seller's invoice. Buyer shall be solely responsible
for, and shall pay to Seller upon demand, any such tax, charge or
assessment, unless Buyer has furnished to Seller an appropriate valid
certificate of exemption issued by or acceptable to the tax authority in
question. International duty, taxes and brokerage charges are the
responsibility of Buyer. Seller shall invoice to Buyer all duty, taxes and
brokerage charges unpaid by Buyer. Buyer agrees to pay all of these
charges and authorizes Seller to charge Buyer's credit card if that was
the original method of payment.
6.
QUANTITIES
Unless otherwise indicated on Seller's acknowledgment and/or invoice, in
accordance with industry practice, Seller reserves the right to ship and
invoice plus or minus ten percent (10%) of the total quantity of each
product ordered by Buyer hereunder.
7.
DELIVERY
Seller shall make every reasonable effort to effect shipment on or before
the scheduled shipping date(s) reflected on Seller's acknowledgment and/or
invoice, but such schedule may vary due to, among other things, conditions
beyond Seller's reasonable control. If no shipping date is specified,
shipment will be made on date(s) selected by Seller. In no event shall
Seller be liable for any damages or penalties for delay in delivery or for
failure to give notice of delay. Delivery may be made in advance of any
scheduled delivery date upon reasonable prior notice to Buyer.
8.
PACKING AND SHIPMENT
Unless preferred packing method is noted on Seller's acknowledgment and/or
invoice, all items will be packed for shipment in accordance with Seller's
standard practices. Unless otherwise specified on Seller's acknowledgment
and/or invoice, Seller will ship by the most appropriate method, but by
doing so does not assume any liability in connection with the shipment.
Any and all claims by Buyer for damage or loss of products in transit
shall be made by Buyer against the carrier. If requested by Buyer,
transportation charges and insurance will be prepaid and will be added to
invoice as a separate item.
9.
TITLE
Title to all products sold by Seller to Buyer shall pass from Seller to
Buyer when such products are delivered by Seller to the carrier for
shipment to Buyer; however, if Buyer should fail to pay when due any
amount Buyer owes to Seller on account of such products, Seller shall
have, in addition to any other rights of Seller, the right (without
liability of Seller) to repossess such products or to require Buyer to
effect (at Buyer's expense) return delivery of such products to Seller. In
addition, until Buyer has paid to Seller the entire amount due to Seller
for such products, Seller shall retain a security interest in such
products in the amount of the full purchase price plus all other amounts
due hereunder and all costs of collection incurred by Seller (including
but not limited to court costs and reasonable attorneys' fees), and Seller
shall retain all rights and remedies of a secured party under the Uniform
Commercial Code as in effect at the time of delivery of such products. A
copy of Seller's invoice may be filed with the appropriate authorities at
any time as a financing statement or chattel mortgage in order to perfect
Seller's security interest. Upon the request of Seller, Buyer will execute
any financing statements and other documents or instruments necessary or
appropriate in order for Seller to perfect its security interest.
10.
RISK OF LOSS
Delivery of all products sold by Seller to Buyer hereunder is F.O.B.
Seller's facility from which such products are shipped. All risk of loss
of or damage to such products shall be assumed by Buyer upon Seller's
delivery of such products to the carrier for shipment to Buyer. Any and
all claims by Buyer for damage, loss or delays in transit shall be made by
Buyer against the carrier (with notice thereof to Seller), and Seller
shall have no responsibility or obligations with respect to any such
damage, loss or delay.
11.
INSPECTION BY BUYER
Buyer shall carefully inspect all deliveries of products as they are
received by Buyer and report to Seller promptly (but in any event within
thirty (30) calendar days after receipt of shipment) any alleged error,
shortage, defect or nonconformity of such products. Any failure by Buyer
to so inspect and report shall constitute a waiver by Buyer of any claim
or right of Buyer against Seller arising with respect to any such error,
shortage, defect, or nonconformity which was reasonably discoverable by
such an inspection. Pull force values are presented by National
Imports LLC as approximations and are not presented as definitive values.
Pull force can vary significantly as a result of surface conditions,
direction of pull, and type and thickness of steel. Pull force values
cannot be used as a basis for a claim against nonconformity to
specifications.
12.
CANCELLATION
Cancellation by Buyer of any product order accepted by Seller cannot be
effected except on terms which indemnify Seller from any and all loss,
damage or expense caused by said cancellation.
13.
LIMITED WARRANTY
It is the sole and exclusive responsibility of Buyer to determine the
suitability of any and all products of Seller for Buyer's intended
purposes and uses. Liability of Seller under or in connection with the
sale of its products shall be limited, at the sole option of Seller, to
either refund of the purchase price of, or replacement of, any product (a)
with respect to which Buyer notifies Seller of Buyer's claim of any
alleged defect or nonconformity hereunder promptly after delivery (and in
any event within thirty (30) calendar days after receipt by Buyer), (b)
which is returned to Seller promptly upon request and (c) which is
determined by Seller to be defective or nonconforming hereunder.
THIS LIMITED
WARRANTY IS THE SOLE AND EXCLUSIVE WARRANTY GIVEN BY SELLER WITH RESPECT
TO PRODUCTS SOLD OR PROVIDED BY SELLER. SELLER GIVES AND MAKES NO
REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, OTHER THAN
THAT EXPRESSLY SET FORTH HEREIN. NO REPRESENTATIVE OF SELLER IS AUTHORIZED
TO GIVE OR MAKE ANY OTHER REPRESENTATION OR WARRANTY OR MODIFY THIS
WARRANTY IN ANY WAY EXCEPT IN A WRITTEN AMENDMENT OF THESE TERMS
AND CONDITIONS OF SALE SIGNED BY A DULY AUTHORIZED REPRESENTATIVE OF
SELLER WHICH MAKES SPECIFIC REFERENCE TO THESE TERMS AND
CONDITIONS OF SALE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, NO
IMPLIED WARRANTY OF MERCHANTABILITY, NO IMPLIED WARRANTY OF FITNESS FOR
ANY PARTICULAR PURPOSE, NO IMPLIED WARRANTY OF TITLE OR NONINFRINGEMENT
AND NO IMPLIED WARRANTY ARISING BY USAGE OF TRADE, COURSE OF DEALING OR
COURSE OF PERFORMANCE IS GIVEN OR MADE BY SELLER OR SHALL ARISE BY OR IN
CONNECTION WITH ANY SALE OR PROVISION OF PRODUCTS BY SELLER, OR BUYER'S
USE OF ANY PRODUCTS, OR SELLER'S AND/OR BUYER'S CONDUCT IN RELATION
THERETO OR TO EACH OTHER, AND IN NO EVENT SHALL SELLER HAVE ANY LIABILITY
OR OBLIGATION WHATSOEVER UNDER OR IN CONNECTION WITH ANY SUCH WARRANTY
WITH RESPECT TO ANY PRODUCTS.
14.
LIMITATION ON SELLER'S
LIABILITY
Buyer acknowledges that no guarantees or assurances have been made as to
the results that may be obtained from the use of the products sold
hereunder whether used singly or in combination with other items. Buyer
acknowledges that it does not rely on, and waives any claim relating to,
any recommendation or instruction given to Buyer by Seller or any of its
representatives regarding the specifications, storage, handling or use of
products purchased and sold hereunder, which recommendation or instruction
shall be followed or acted upon by Buyer entirely at Buyer's own risk.
SELLER'S
LIABILITY, AND BUYER'S EXCLUSIVE REMEDY, IN CONNECTION WITH THE SALE OR
USE OF PRODUCTS SOLD HEREUNDER (WHETHER BASED ON CONTRACT, NEGLIGENCE,
BREACH OF WARRANTY OR OTHERWISE), SHALL BE STRICTLY LIMITED TO SELLER'S
OBLIGATIONS AS SPECIFICALLY AND EXPRESSLY PROVIDED IN THE LIMITED WARRANTY
SET FORTH IN SECTION 13. EXCEPT AS SPECIFICALLY PROVIDED IN SUCH LIMITED
WARRANTY, SELLER SHALL HAVE NO LIABILITY, OBLIGATION OR RESPONSIBILITY OF
ANY KIND, IN ANY WAY OR TO ANY EXTENT FOR ANY LOSSES, EXPENSES, COSTS,
DAMAGES OR LIABILITIES FOR ANY REPRESENTATION OR WARRANTY OF ANY KIND WITH
RESPECT TO THE PRODUCTS (OR THE PERFORMANCE THEREOF), OR ARISING IN ANY
WAY OR IN CONNECTION WITH THE PURCHASE BY OR USE OR SALE OF THE PRODUCTS
BY BUYER, EVEN IF SELLER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. IN NO EVENT WHATSOEVER SHALL SELLER HAVE ANY LIABILITY,
OBLIGATION OR RESPONSIBILITY FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL,
SPECIAL, OR EXEMPLARY DAMAGES ARISING IN ANY WAY IN CONNECTION WITH THE
PRODUCTS OR THEIR SALE OR USE, INCLUDING BUT NOT LIMITED TO DAMAGE TO
PROPERTY, INJURY TO PERSONS, LOSS OF USE OF THE PRODUCTS OR ANY ITEM WITH
WHICH SUCH PRODUCTS ARE USED, LOST PROFITS, OR DELAYS OR INCONVENIENCE. IN
NO EVENT WHATSOEVER SHALL SELLER HAVE ANY LIABILITY TO BUYER, ARISING OUT
OF OR IN CONNECTION WITH THE SALE OR USE OF THE PRODUCTS SOLD HEREUNDER,
THE TRANSACTIONS CONTEMPLATED HEREBY, OR SELLER'S OR BUYER'S CONDUCT OR
ACTIONS IN RELATION TO ANY OF THE SAME OR TO EACH OTHER, IN AN AMOUNT IN
EXCESS OF, AND SELLER'S LIABILITY SHALL BE STRICTLY LIMITED TO, THE
AMOUNT(S) ACTUALLY RECEIVED BY SELLER FROM BUYER AS PURCHASE PRICE FOR THE
PRODUCTS WHICH GIVE RISE TO SELLER'S LIABILITY.
15.
UNDERSTANDING OF HAZARDS AND RISKS
BUYER AGREES TO OBTAIN A FULL UNDERSTANDING OF THE RISKS AND HAZARDS
ASSOCIATED WITH THE USE, HANDLING, AND TRANSPORTATION OF THE PRODUCTS SOLD
HEREUNDER PRIOR TO USING, HANDLING, TRANSPORTING OR DISTRIBUTING THESE PRODUCTS.
NATIONAL IMPORTS LLC PROVIDES INFORMATION TO ITS CUSTOMERS ABOUT THE
HAZARDS PRESENTED BY MAGNETIC MATERIAL. THIS INFORMATION SHOULD NOT BE
CONSTRUED AS COMPLETE AND EXHAUSTIVE INFORMATION ON THE HAZARDS PRESENTED
BY MAGNETIC MATERIALS. THE BUYER IS RESPONSIBLE FOR CHECKING THE ACCURACY,
COMPLETENESS, CURRENCY AND/OR SUITABILITY OF ALL INFORMATION THEMSELVES.
NATIONAL IMPORTS LLC DOES NOT REPRESENT, GUARANTEE OR WARRANTY THE
ACCURACY, COMPLETENESS, CURRENCY, OR SUITABILITY OF HAZARD INFORMATION IT
PRESENTS TO BUYERS. NATIONAL IMPORTS LLC SPECIFICALLY DISCLAIMS ANY AND
ALL LIABILITY FOR ANY CLAIMS OR DAMAGES THAT MAY RESULT FROM PROVIDING
THIS INFORMATION.
PULL FORCE INFORMATION PROVIDED TO THE BUYER ARE ESTIMATES BASED ON IDEAL
CONDITIONS AND SHOULD NOT BE USED IN APPLICATION DESIGN. VARIATIONS IN
IRON CONTENT, THICKNESS, AND SURFACE FINISH AND CONDITION WILL ALL REDUCE
THESE RATINGS. THE BUYER IS RESPONSIBLE FOR DETERMINING THE HOLDING FORCE
OF THE MAGNETS PURCHASED FOR THEIR PARTICULAR
APPLICATION.
16.
RETURNS
In Seller's sole discretion, credit may be granted with respect to
returned products depending on the reason for the return and the condition
of the product. Any returned products must be shipped to Seller, freight
prepaid, at Buyer's risk.
17.
INDEMNIFICATION
Buyer agrees to indemnify, hold harmless and defend Seller (and its
employees, subsidiaries, affiliates, successors, suppliers and agents)
from and against any and all judgments, liabilities, damages, losses,
expenses and costs (including, but not limited to, court costs and
attorneys' fees) incurred or suffered by Seller, which relate to or arise
out of (a) Buyer's use, handling, transportation, sale or
distribution/sale of the products sold hereunder; (b) Buyer's breach of
any representation, warranty or obligation hereunder; and/or (c) the
infringement or violation of any third party's intellectual property or
other rights arising out of or in connection with Seller's use of
specifications, materials or other items provided to Seller by Buyer.
18.
WAIVER
Seller shall not be deemed to have waived any provision hereof, or any
breach by Buyer of any provision hereof, unless such waiver is
specifically set forth in writing and executed by an authorized officer of
Seller. No waiver by Seller of any provision hereof or any breach by Buyer
hereunder shall constitute a waiver of such provision on any other
occasion or a waiver of any other breach by the Buyer.
19.
FORCE MAJEURE
In no event shall Seller have any liability to Buyer for any delayed
performance or nonperformance by Seller which results, in whole or in
part, directly or indirectly, from any cause beyond the reasonable control
of Seller. Such causes shall include (but shall not be limited to) acts of
God, wars, riots, civil disturbances, strikes, labor disputes, fires,
storms, floods, earthquakes, natural disasters, inability to obtain or use
raw or component material or parts, labor, equipments, facilities, or
transportation, and acts of any government or agency thereof. Buyer's
order will be deemed suspended for so long as any such cause prevents or
delays Seller's performance. In the event of any such suspension, Seller
shall have the right, at its option, upon notice to Buyer, (a) to
terminate its obligation to sell any or all of the products ordered
hereunder or (b) to resume performance as soon as practicable after the
suspension, and reschedule delivery of the products ordered hereunder to
one or more deferred dates to be mutually agreed upon by Buyer and Seller,
subject to Buyer's payment of any additional charge for any increase in
Seller's direct or indirect costs occasioned by the suspension of its
performance.
20.
GOVERNING LAW
These Terms and Conditions of Sale and the transactions
contemplated hereby shall be governed by, and construed and enforced in
accordance with, the laws of the Commonwealth of Virginia without regard
to its conflicts of law rules. Jurisdiction and venue in any litigation
shall be in the courts of the Commonwealth of Virginia. The United Nations
Convention on Contracts for the International Sale of Goods shall not be
applicable to this Agreement and any purchase or sale made hereunder.
21.
SEPARABILITY
The invalidity or unenforceability, in whole or in part, of any provision,
term or condition hereof shall not affect the validity and enforceability
of the remainder of such provision, term or condition or of any other
provision, term, or condition, and, to the extent possible, such invalid
or unenforceable provision shall be replaced by a provision most nearly
reflecting the fundamental objectives of the original provision.
22.
AMENDMENTS
These Terms and Conditions of Sale may not be amended except by written
agreement of Seller and Buyer expressly referring hereto.
23.
ASSIGNMENT
Buyer's rights and obligations hereunder may not be assigned or otherwise
transferred without Seller's express prior written consent.
Rev. 06/01/2006
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