Orders are accepted and goods sold by the seller only on the following terms and condition and to the exclusion of all terms or condition unless expressly accepted in writing by the seller. If the Buyer’s order is inconsistent with these condition the seller’s acceptance of or the Buyer’s order shall constitute a counter offer and Buyer shall be deemed to have accepted these conditions. The giving of any delivery instructions, the acceptance of payment for any goods or any conduct of the buyer which can reasonably be regarded as being in confirmation of any transaction hereby contemplated shall in addition constitute acceptance by the buyer of these condition.

The headings of the clauses of these conditions are for references only:

ACCEPTANCE

  1. Unless otherwise agreed the seller will only be obliged to accept orders given with in the period specified in its tender or quotation or if no such period is specified the within thirty days of the date of its tender quotation.
  2. Unless otherwise agreed by the seller no order shall be binding until accepted in writing by the seller. The seller shall not be bound to accept changes to any specification or the order after acceptance but shall endeavour, subject to agreement of any necessary revision to price and delivery date, to meet any reasonable request.
  3. The seller only accepts responsibility for compliance with any relevant codes, regulations, standards or rules as published prior to the date of the seller’s tender or quotation.

PRICES

  1. Prices quoted are firm for the period specified in the seller’s tender or quotation or if no such period is specified then for thirty days from the date of its tender or quotation
  2. If the seller receives an order for goods not listed in its current price list or catalogue the seller shall notify the price of such goods to the buyer and in absences of notice in writing to the contrary given to seller by the buyer within seven days after such notification such price shall (subject to any of the other provision of these conditions) be the price payable by the Buyer for such goods.
  3. The price quoted does not (unless stated in writing to the contrary) include the amount of any VAT or any other sales tax or excise duties paid or payable by the seller which shall be added to the price and shall be payable by the buyer.
  4. If the seller incurs extra expenditure as a result of any delay or suspension of work resulting form the buyer’s instruction or otherwise from the buyer’s fault or for caused beyond the seller’s control the price shall be adjusted accordingly.

VARIATION IN QUANTITY

Prices quoted apply only to orders for not less than the quantity of goods referred to in the quotation and the seller reserves the right to review and amend minimum order levels and to apply such amendment without prior notice.

PAYMENT

  1. The Buyer shall not entitled to withhold payment in whole or part for any defective goods in respect of which the buyer is not entitled to repudiate.
  2. Prices stated in trade catalogues and price lists are net. Payment for goods shall be made by buyer in accordance with the terms of payment stated by the seller in its invoice or quotation or of no date is stated by the seller by not later than the last day of the month following the month in which the goods were delivered.
  3. If payment is not made in accordance with this condition all monies owned by the buyer to seller in respect of any order shall immediately become due and payable and recoverable forthwith.
  4. The seller may charge interest on overdue payments from the date they become due at the annual rate of not less than 4% above the seller’s banker’s base rate from time to time in force.
  5. Should the buyer default in any payment when due the seller reserves the right without prejudice to any other remedy it may have to cancel this contract and/or any other contract between the buyer and seller and/or suspended delivery until payment shall have been made.

DELIVERY

  1. Unless otherwise agreed time for delivery dates from the seller’s acceptance of the buyer’s order. The seller shall not be under liability to the buyer in respect of any delay in delivery howsoever arising or any damage in respect of or loss caused by or resulting from any such delay.
  2. The buyer shall accept delivery of any consignment of goods after the seller has given notice that such consignment is ready for despatch or delivery.
  3. Without prejudice to the generally of sub-clause (a) above and even where it is agreed in writing that the seller shall be liable to the buyer for delay in delivery the buyer shall nonetheless have no claim against the seller for delay in delivery of or failure to deliver the goods as a results of strikes, labour disputes or other industrial action emergency condition fire flood accident or any other cause beyond the seller’s control., whether or not of a similar nature to any of the forgoing: nor shall the buyer have any claim against the seller for failure of delivery the goods within the time specified if the buyer is in breach of any of the terms hereof or in any way delay the work.
  4. Where goods are produced to the buyer’s order for calling off and no delivery dates are specified than any goods are not called off and delivered within six months of production shall be deemed to have been called off and may be invoiced and delivered or invoiced and stored at the buyer’s risk until delivery.

TITLE

  1. Subject to sub-clause(c) below property in the goods shall remain with the seller until seller has received payment in full of all monies owing from the buyer whether for those or other goods.
  2. Upon delivery the Buyer shall store and keep the goods, as bailee for the seller in such manner and place as they can be readily identified as being the goods, unless and until they are dealt with accordance with sub-clause (c)below.
  3. If the Buyer sells the goods or any of them in their original state and in the ordinary course of business then, only as between the seller and buyer, they shall be deemed to be the seller’s agent and able to pass good title to them. The proceeds there form shall be held on trust for the seller full and complete financial records shall be maintained by the buyer to enable the seller trace any proceeds being held on trust and all rights, privileges and advantages from such sale shall be transferred to the seller.
  4. Upon the happening of any of the events specified in sub-caused 14(a) (i)-(iii) inclusive of these condition or if the buyer becomes otherwise incapable of trading all monies payable by the buyer shall immediately fall due to the seller and seller shall be immediately entitled to enter the buyer’s premises and remove all goods in which it retain property, title or ownership but without prejudice to any other remedy of the seller.
  5. The risk in the goods shall pass to the buyer upon deliver notwithstanding the provision of this clause.

INSTALLMENT

Where goods are to be delivered by instalments each instalment shall be deemed to be purchased under a separate contract.

DAMAGE SHORTAGE OR LOSS

The seller shall not be under any liability in respect of damage or loss of the goods in respect of which the seller has not been notified in writing within 7 days after delivery of the goods by the seller.

EXCLUSION OF LIABILITY

The seller’s liability arising out of the supply of defective goods shall not in any case exceed the price of such goods and seller will in no circumstances be liable in contract tort or otherwise for any consequential damage injury loss or expense howsoever caused whether to the buyer or to any other person or thing and whether arising indirectly from such defective goods.

ILLUSTRATIONS AND DESCRIPTIONS

  1. Photographs drawings and other illustrations or description contained in any catalogue price list brochure or other document of the seller shall not save where the contrary is expressly stipulated in the orders form part of any contract between the buyers or the seller and no warranty is given that goods supplied will correspond exactly with those specified.
  2. The seller reserves the right at anytime before or after an order is place to vary alter or amend any particulars descriptions prices measurements or specification contained in its catalogues price lists brochures and other sales literature and such alteration amendments and variations shall be binding upon the buyer.
  3. No oral statement or representation made at anytime prior to the contract shall be term of the contract or deemed to be an inducement or collateral contact pursuant to which the buyer entered into the contract.

CANCELLATION

Cancellation of any order by the Buyer cannot be accepted or goods returned for credit unless previously agreed to in writing by the seller. Here such cancellation is agreed the seller reserves the right to change the buyer with the amount of any losses or expenses incurred or material used and reasonable allowance for overhead charges and profits.

PATENTS, TRADE MARKS REGISTERED DESIGNS AND COPYRIGHT

Provided that all goods sold to the buyer and parts thereof shall have been used only in a manner or for a purpose reasonably to be inferred by the seller from the nature of the goods or disclose to the seller in writing prior to the making of the contract if any claim or action is made or brought against the buyer in respect of the infringement of any patent. Trade Mark or Registered Design arising from the manufacture or sale by the seller of the goods the buyer shall forthwith give notice to the seller of such claim or action and the seller shall be at liberty at its own expense but with the buyer’s assistance if required and in the name of the buyer to contest such a claim or conduct any negotiations for the settlement thereof. The buyer shall not make any admission which might be prejudicial to any such negotiation or litigation.

  1. Subject to the proviso contained in sub-cause (a) hereof the seller shall indemnify the buyer in respect of any such claim or action mentioned therein.
  2. The buyer shall indemnify the seller against all claims and actions made or brought against the seller for infringement of ant Patent Trade Mark of Registered Design where the goods are manufactured or supplied or packaged to the buyer’s design and/or specifications.
  3. Any invention disclosure or information made or received or acquired by the seller in the performance of any order shall remain its property.
  4. No trademarks trade name or indicia of patent rights shall be defaced or removed from goods supplied by the seller not shall the goods be advertised or used at any show display or exhibition without the seller previous written consent.

SUBCONTRACTING

The seller reserves the right to sub-contract any work it is obliged to carry out under these conditions.

TERMINATION LEIN AND DAMAGES

  • Without prejudice to any rights of the seller the seller may determine the contract If:
  1. The buyer shall fail to take delivery of the goods when required so to do or shall after due warning commit or continue any serious breach of its obligation under any contract with the seller;
  2. Any distress execution or other legal process is levied upon any of the buyer’s assent: or
  3. the buyer shall make any arrangement or compositions with his or its creditors, commit any act of bankruptcy or (being a corporation) shall enter into liquidation or have a winding up petition presented against it or call meeting of its creditors or suffer the appointment of a receiver in respect of all or any part of its undertaking or assets.
  • Without prejudice to any rights of the seller the seller shall in the event of determination be entitled to recover from the Buyer:
  1. The contract value of any work completed or goods produced at the date of determination
  2. The value of any such work begun or goods begun to be produce but not completed at such date such value to include the cost of material, labour, overheads and a fair profit as determined by the seller’s auditors whose decision shall be conclusive and binding on the seller and the buyer and
  3. The cost of goods and material ordered by the seller pursuant to the contract for which the seller has to pay

INTERPRETATION

  1. In the above condition the following expression shall have the following meanings:
    “The seller” shall mean ORACLE MACHINE TOOLS UK LTD.
    “The buyer” shall mean the person named as such overleaf
    “The goods” shall mean any goods supplied or proposed to be supplied by the seller to buyer or any other product or service to be supplied or proposed to be supplied by the seller to the buyer.
  2. In these conditions words denoting the singular shall include the plural and vice versa, words denoting any gender shall include all gender and words denoting persons shall include bodies corporate and vice versa
  3. These Condition and the contract shall be subject to and construed in accordance with English law.
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