Conditions of Sale
Claims for Short Weight/Defective Goods
i) Payment shall be made in accordance with that stated after the words “Payment Terms” in the order and the invoice. The time herebefore mentioned within which the Buyer is to pay for the said goods shall be of essence of the contract.
ii) Should default be made by the Buyer in paying any sums due under previous order or contract the Seller shall have the right to suspend all further deliveries in respect of this order until the default is made good or to cancel this order in respect of any goods which remain to be delivered, but such suspension or cancellation shall be without prejudice to the Seller’s right to claim all payments due and expenses incurred under this order.
iii) In any case of the Buyer failing to pay in accordance with the foregoing stipulations, the Buyer shall be liable to interest charges at the rate of 18% per annum of the amount outstanding and due to the Seller.
iv) No changes on our sales terms & condition or bank account will be effective without signed verification sent, followed by a postal hard copy.
i) If, for reasons including cancellation of import licenses already granted, the Buyer cancels or fails to take delivery of the goods specified in this order, the Seller shall be entitled to recover from the Buyer all expense incurred in the execution of same and all damages resulting from such failure. In this event any of the Buyer’s money which may be in the hands of Seller for the purpose of this order, shall be forfeited as liquidate damages to the extent of such expenses and/or damages.
ii). If due to any act of default of the Buyer the contract herein shall not be completed and paid as provided hereto, the Seller shall be entitled to declare this contract at an end thereupon this contract shall cease to be any force or effect and sum of monies so paid by the Buyer to the Seller as deposit shall forthwith be forfeited.
Infringement of Proprietary Rights