General Terms and Conditions of Sale and Delivery of HygroMatik GmbH
Terms and Conditions of Sale:
- Company shall sell and deliver to Customer and Cust omer shall purchase and accept from Company the products (herein, the “Products”) described on or i n any confirmed order, agreement or quotation, or an y combination thereof (the “Order”), pursuant to the terms and conditions of the Order and those specifi ed below, which taken together shall constitute the entire agre ement between Company and Customer regarding the Products (herein, this “Agreement”).
- No other terms or conditions shall be of any effect unless otherwise specifically agreed to by Company in a separate written agreement duly signed by an office r of Company. Customer will be deemed to have assen ted to all Terms if any part of the Products is accepted b y Customer. If Customer finds any Term not acceptab le, Customer must so notify Company at once and must re ject the Products delivered under this Agreement. An y additional or different terms or conditions contain ed in Customer's order or response hereto shall be deemed objected to by Company and shall be of no effect. N o general terms and conditions of a Customer shall a t any time form a part of the content of any contract or agreem ent between the Customer and the Company, even if t hey are not further expressly rejected by the Company.
- Unless otherwise agreed in writing, all quotations fo r Products are valid for a period of ninety (90) da ys from the date of issue. Subsequent modifications in quantity or quality, if such are requested by Cust omer, generally will cause a modification of the quoted pr ice. Drawings and samples enclosed with any quotatio n remain the property of Company. All drawings and samples sh all be treated confidentially by Customer and must be returned to Company after usage.
- No Order is binding upon the Company until the earli er of acceptance of the Order in writing or the delivery of the Products to the Customer. Notwithst anding any prior acceptance of an Order by Company, Company shall have no obligation if the Customer is in breach of any of its obligations hereunder, or an y other agreement between the Customer and Company, at the t ime Company’s performance was due.
- All verbal agreements concerning the terms of any Ord er, including agreements made by telephone, shall have no force and effect unless and until acknowled ged by the Company in writing.
- Customer shall bear all costs associated with the c ancellation or modification of the Order.
Prices:
- All price quotations are FCR Company (per Incoterms 2010) and do not include costs for packaging, postage or other freight charges, insurance or taxes, if any.
- Products’ prices will be governed by the Company's c urrent prices in effect from time to time or by spe cial price quotes made to customer in writing. A price li st available on request.
- Prices quoted in a currency other than Unites State s Dollars are based on the official exchange rate on the date of the quote. Prices will be invoiced on the b asis of the currency exchange rate in effect on the date of confirmation of any Order.
- Company may without notice to Customer increase the price of the Products by the amount of any new or increased tax or duty (excluding franchise, net inco me and excess profits taxes) which Company may be r equired to pay on the manufacture, sale, transportation, de livery, export, import or use of the Products or th e materials required for their manufacture or which affects the cost of such materials.
Terms of Payment:
Unless otherwise agreed to in writing by the Company,
Customer is obliged to pay the purchase price in fu
ll within
ten (10) days after the purchase agreement has been
entered into upon submission of a commercial invoic
e.
- Company may without notice change or withdraw extens ions of credit at any time. If Company ceases to extend credit terms before shipment, Customer's sol e remedy shall be cancellation of its order. If Cus tomer does not receive notice before shipment, its sole remedy shall be rejection of the Products immediately upo n delivery.
- If the Customer fails to make payment on or before the date required, Customer shall pay interest to t he Company at the rate of one and one percent (1%) per month or such lesser amount permitted by law. The specification or charging of interest shall not be de emed an agreement to extend credit.
- If Customer fails to observe these Terms or the ter ms of any other agreements between Company and Customer, or if Customer becomes insolvent, all bal ances then due and owing to the Company shall become due immediately, notwithstanding any agreed upon payment periods. Any Orders that have been confirmed by the Company but not yet filled shall in such cases beco me cancelable at the sole discretion of Company.
- Customer does not enjoy a right of set-off under an y circumstances.
Delivery Terms:
- Except as otherwise specified in this Agreement, the Products shall be sold and delivered FCR (per Incoterms 2010) Company’s facility in Henstedt-Ulzb urg, Germany. Title to and risk of loss for the Pro ducts shall pass to Customer upon delivery thereof to any commo n carrier at such facility.
- Any agreed Delivery Period commences on the day on w hich any Order and accompanying documents, such as drawings, have been clarified by the Company , but in any event no earlier than the written acce ptance of any Order by the Company. Sales which extend over a certain period of time, and where quantities have not been fixed in advance, shall be subject to separate agree ments concerning the quantity and delivery period re garding each separate sales transaction and/or request for delivery made by a Customer. Delivery Periods deter mine the date of dispatch ex works. All delivery dates are a pproximate; time shall not be of the essence.
- Customer will be billed for and shall pay all freigh t, transportation, shipping, insurance and handling charges, duties, and taxes, including any applicable VAT, sales, personal property, ad valorem , and other taxes, duties, levies or charges imposed by any governmental authority, irrespective of whether applicable law makes such items the responsibility of the buyer or selle r, but excluding any taxes payable by Company with r espect to its net income.
- Customer, shall, subject to Company's available fac ilities at the shipping point, determine the type of transportation and shall notify Company thereof at the time Customer places each Order. If Customer sh all fail to so notify Company, Company or its agent may select a ny commercial air, ship, motor or rail carrier or a ny combination thereof for the transportation of the P roducts. Company will make deliveries of the Produc ts in the quantities ordered as near as reasonably possible t o Customer's requested delivery dates.
- Company shall use its reasonable efforts to deliver the Products to Customer by the agreed upon date. However, except in cases of Company’s willful misco nduct or gross negligence, Company shall not be liable to Customer for delays in delivery or damage to Product s while in transit, irrespective of whether Company or Customer determined the mode of transportation.
- In cases of deliveries of Products manufactured to Customer’s specification (“Special Orders”), Compan y reserves the right to rely on the technical specific ations provided by Customer.
- Unless otherwise agreed to in writing, all tools, mod els, plans, blueprints or other devices and/or documents used and/or developed by Company (the “To ols”) in order to fulfill any Order or Special Orde r are the property of the Company, even if the cost of develo pment and/or manufacturing of such tools, models, pl ans, blueprints or other devices and/or documents was wh olly or partially borne by the Customer.
Security Interest:
- As security for the timely payment and performance of all Customer’s indebtedness to Company, Customer hereby grants to Lender a first priority se curity interest in the Products following delivery t hereof to Customer (“Collateral”). Such Interest shall remain in force until payment in full of the entire purch ase price for the Products and any other amounts due to the Company b y Customer.
- If so requested by Company, the Customer shall deli ver to Company, in form and substance satisfactory to Company, and duly executed as required by Company, financing statements and other security interest per fection documentation in form and substance satisfactory to Company, duly filed under the UCC in all jurisdict ions as may be necessary, or in Company’s opinion, desirable, t o perfect Company’s security interest and lien in t he Collateral, in order to establish, perfect, preserve and protec t Company’s security interest as a legal, valid and enforceable security interest and lien, and all property or doc uments of title, in cases in which possession is re quired for the perfection of Company’s security interest.
Limitation of Liability:
- UNDER NO CIRCUMSTANCES SHALL COMPANY BE LIABLE FOR ANY PUNITIVE, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, INCLU DING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF EARNINGS, PROFITS, REVENUE, GOO DWILL OR USE, INCURRED BY CUSTOMER OR ANY THIRD PARTY, WHETHER IN AN ACTION B ASED UPON EQUITY, CONTRACT, TORT, STRICT LIABILITY, OR IMPOSED BY CASE LAW OR S TATUTE, OR OTHERWISE, EVEN IF PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAG ES.
- NOTWITHSTANDING THE TERMS AND CONDITIONS SET FORTH IN SECTION 6.1., COMPANY’S LIABILITY – WHETHER BASED UPON CONTRACT, TORT, EQUITY, NEGLIGENCE OR ANY OTHER LEGAL CONCEPT – SHALL IN NO EVENT EXCEED THE VALUE OF CUSTOMER’S ORDER TO WHICH THE DAMAGES ARE PERTAINING TO, AS DESCRIBE D ON THE ORDER FORM, OR THE ORDER VALUE FOR ONE (1) CALENDAR YEAR, WHICHEVER AM OUNT IS LOWER. IT IS AGREED AND ACKNOWLEDGED THAT THE PROVISIONS OF THIS AGREEM ENT ALLOCATE THE RISKS BETWEEN COMPANY AND CUSTOMER IN AN EQUITABLE MANNER , THAT COMPANY’S PRICING REFLECTS THIS ALLOCATION OF RISK, AND BUT FOR THIS ALLOCATION AND LIMITATION OF LIABILITY, COMPANY WOULD NOT HAVE ENTERED INTO THIS AGREEMENT.
- IN JURISDICTIONS THAT LIMIT THE SCOPE OF OR PRECLUD E LIMITATIONS OR EXCLUSION OF REMEDIES OR DAMAGES, OR OF LIABILITY, SUCH AS LI ABILITY FOR GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OR DO NOT ALLOW IMPLIED WARRANTI ES TO BE EXCLUDED, THE LIMITATION OR EXCLUSION OF WARRANTIES, REMEDIES, DA MAGES OR LIABILITY SET FORTH ABOVE ARE INTENDED TO APPLY TO THE MAXIMUM EXTENT P ERMITTED BY APPLICABLE LAW. CUSTOMER MAY ALSO HAVE OTHER RIGHTS THAT VARY BY ST ATE, COUNTRY OR OTHER JURISDICTION.
Force Majeure:
- Company shall not be liable to Customer or any othe r person for any failure or delay in the performanc e of any obligation under this Agreement due to events beyond its reasonable control, including, but not li mited to, fire, storm, flood, earthquake, explosion, accident , acts of the public enemy, wars, riots and public disorder, sabotage, strikes, lockouts, labor disputes, labor s hortages, work slowdown, stoppages or delays, shorta ges or failures or delays of energy, materials, supplies or equipment, transportation embargoes or delays, acts of God, breakdown in machinery or equipment, and, except as otherwise set forth in this Agreement, acts or regul ations or priorities of the federal, state or local government s.
- Customer shall not be liable to Company or any othe r person for any failure or delay in the performanc e of any obligation under this Agreement due to events beyond its reasonable control, including, but not li mited to, fire, storm, flood, earthquake, explosion, accident , acts of the public enemy, wars, riots and public disorder, sabotage, strikes, lockouts, labor disputes, labor s hortages, work slowdown, stoppages or delays, shorta ges or failures or delays of energy, materials, supplies or equipment, transportation embargoes or delays, acts of God, breakdown in machinery or equipment, and, except as otherwise set forth in this Agreement, acts or regul ations or priorities of the federal, state or local government s.
- When the event operating to excuse performance by ei ther party shall cease, this Agreement shall continue in full force until all deliveries have be en completed.
Miscellaneous Terms:
- Any controversy or claim arising out of or relating t o this Agreement, or the negotiation or breach there of, shall be exclusively settled by arbitration in acco rdance with the International Arbitration Rules of the American Arbitration Association (“AAA”). The award shall be final and binding. Judgment upon the award rendered by the arbitrator or the arbitrators may be entered in any court having jurisdiction thereof. The arbitration shall be held in New York, New York, shall be conducted in the Englis h language, and shall be conducted (i) if the amount in dispute is less than 0,000, before a single arbit rator mutually agreeable to Company and Distributor, or if no agreement can be reached, then selected by the AAA, or (ii) of the amount in dispute is 0,000 or mor e, before three (3) arbitrators. The arbitrator(s) shall make detailed findings of fact and law in writing in sup port of his, her or their decision, and shall award reimbursement of attorney’s fees and other costs of arbitration to the prevailing party, in such manner as the arbitrator shall deem appropriate. In addition, the losing party shall re imburse the prevailing party for reasonable attorneys’ fees and disbursements, the costs of the arbitration (includ ing but not limited to the fees and expenses of the arbitrator and expert witnesses) and the costs incurred by the prevailing party in successfully seeking any preliminary equita ble relief or judicially enforcing any arbitration a ward.
- This Agreement shall be governed by and construed in accordance with the law of the State of New York, without giving effect to principles of conflict of la ws.
- If any provision contained in this Agreement is held to be invalid, illegal or unenforceable, such inval id, illegal or unenforceable provision shall be severed from the remainder of this Agreement, and the remain der of this Agreement shall be enforced. In addition, the i nvalid, illegal or unenforceable provision shall be deemed to be automatically modified, and, as so modified, to be included in this Agreement, such modification being made to the minimum extent necessary to render the provisio n valid, legal and enforceable. Notwithstanding the f oregoing, however, if the severed or modified provision conce rns all or a portion of the essential consideration to be delivered under this Agreement by one party to the o ther, the remaining provisions of this Agreement shal l also be modified to the extent necessary to equitably adjus t the parties’ respective rights and obligations here under.
- In the event of a violation or threatened violation of Company’s proprietary rights, Company shall hav e the right, in addition to such other remedies as may be available pursuant to law or this Agreement, to temporary or permanent injunctive relief enjoining such act or threatened act. The parties acknowledge and agree th at legal remedies for such violations or threatened violatio ns are inadequate and that Company would suffer irr eparable harm.
- The parties hereto are independent contractors and nothing in this Agreement will be construed as creating a joint venture, employment or agency relat ionship between the parties.
This Agreement, including any Schedules attached here to, contains the entire agreement of the parties wit h respect to the subject matter of this Agreement, and supersedes all prior agreements between them, wheth er oral or written, of any nature whatsoever with respect t o the subject matter hereof. This Agreement is bindi ng upon the parties hereto, their successors and permitted assigns.
Jun 2017