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TERMS OF DELIVERY AND PAYMENT

1. General Provisions

All agreements between the Supplier and the Buyer are governed solely by the contract. The Buyer accepts these conditions when signing the contract.

Individual verbal agreements, including those with the Supplier's field workers, that differ from the terms of delivery and payment described in the contract, come into force only if they are confirmed by the Seller.

2. Price

All prices quoted are net prices and do not include statutory value added tax. Prices are subject to change without separate notice if they are not fixed in the contract. In the event of fluctuations in exchange rates by more than +/- 5% or a change in the Supplier's purchase prices by this amount, the prices will be changed automatically if they are not fixed in the contract. In this case, the Supplier shall immediately inform the Buyer thereof. Prices are EXW, excluding packaging and assembly, unless otherwise stated.

3. Delivery

A delivery time is only binding if it is agreed in writing and fixed in the contract. Delivery is considered completed if the goods left the Supplier's warehouse before the expiration date indicated in the contract, transferred to the transport company or the Buyer received a message "ready for shipment".

If the Supplier fails to fulfill its obligation to deliver on time due to a labor dispute or the occurrence of unforeseen, extraordinary circumstances affecting either the Supplier or its supplier, including, for example, government intervention, operational failures, hostilities in the supplier's country, problems with supply of energy, delays in the supply of vital raw materials, etc., which he could not cancel, despite exercising all the care necessary in the circumstances of the case, the delivery time should be proportionally extended.

The supplier has the right to carry out partial delivery. If the goods are ready for dispatch and the shipment is delayed for reasons for which the Seller is not responsible, the risk passes to the Buyer upon delivery of the notice of readiness for shipment. In the event of a delay in shipment at the request of the Customer, the Buyer pays for storage at the supplier's enterprise or warehouse 0.5% of the invoice amount for each month of storage.

4. Payment

(1) Invoices are due for payment within 10 days from the date of invoice, unless otherwise agreed. The costs arising from payment shall be borne by the Buyer.

(2) In the event of a delay in payment by the Buyer and a change in prices, the Supplier has the right to revise the price fixed in the contract.

(3) If, after the conclusion of the Purchase Agreement, circumstances become known that may lead to a decrease in the creditworthiness of the Buyer, or if the Buyer is in arrears in paying receivables, the Supplier is entitled to demand immediate security or immediate payment for all delivered goods for which not yet payment has been made, require advance payment for all goods yet to be delivered, and hold goods not yet delivered until all receivables are paid. If the Buyer fails to comply with the Seller's requirements regarding security or payment, the latter has the right to withdraw from all supply contracts with the Buyer.

5. Retention of title

The Supplier retains title to the delivered goods until full payment of all debts due under the contractual relationship with the Buyer.

6. Warranty

(1) In order to identify any defects, the Buyer must inspect the goods immediately after delivery and, in the event of an obvious defect, notify the Supplier in writing within one week. Defects that are not obvious must be reported to the Supplier as soon as they are discovered. If the Buyer does not comply with the above deadlines, the goods are considered approved, as a result of which the Buyer loses his rights to claim defects. The right to choose between the elimination of the defect or the supply of a new product belongs to the Supplier.

(2) The Buyer's right to withdraw from the contract and claim damages instead of performance is excluded if the defect in the object is of a minor nature.

The Buyer has no rights in the event of defects that were caused by such treatment of the delivered goods by the Buyer or a Third Party that does not comply with the rules for handling the goods.

(3) The Buyer's claims expire one year after delivery of the goods.

(4) In the event that equipment consisting of third party products, the Supplier's liability is limited to the assignment of liability claims to the third manufacturer. For repairs and replacement deliveries that the Supplier deems appropriate, the Buyer shall allow the time and opportunity necessary to correct the defects.

7. Marking

Seller hereby reserves the right to display legally required labels, its company text, its trademarks, or its business identification number in accordance with current practice or applicable regulations in a place available for such images, on supplies of all kinds.


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