Conditions&Terms
1. Price and Taxes. Unless otherwise specified all prices are FOB point of shipment and provided in U.S Dollars (US$) or Euro(€).Written quotations are valid for 30 days from issuance. Prices are subject to change without notice. Prices in effect at the time of shipment will apply. Company may increase the price of any Goods ordered by Buyer but not yet shipped by Company if Company’s cost for such Goods has been increased by Company’s supplier. Company may increase its quoted price to pay such increased price in accordance with this Contract.
2.Payment and Credit.Unless otherwise set forth in the Contract, payment shall be 100% before shipment or net thirty (30) days after the date of invoice. All payments shall be made inU.S dollars (US$) or Euro(€). Any unauthorized early payment discounts taken by Buyer will be billed to Buyer. Amounts past due are subject to a service charge of Twelve eighteen percent (12%) per annum or the maximum rate allowed by law, whichever is less. cancel the Contract if such payment is not received by Company within thirty (30) days after telecopy, mailing or other dispatch of said demand by Company.
3.Shipment/Delivery.Unless otherwise specified (1) Goods shipped within the United States shall be shipped FOB point of shipment and (2) Goods shipped internationally shall be shipped [FCA point of shipment (INCOTERMS庐 2010)]. Shipping dates given by Company are approximate and are contingent on prompt receipt of all necessary information regarding the Contract. Company will use its commercially reasonable efforts to meet the scheduled date indicated by Company, but it does not guarantee that it will do so.
4.Acceptance. Upon receipt of Goods Buyer agrees to inspect and/or test Goods. Inspection or testing shall be completed promptly and in no event later than 10 days after delivery of Goods. Goods shall be deemed accepted by Buyer unless Buyer provides Company, within 10 days after delivery of the Goods, a written notice specifying all defects or discrepancies in the quality or quantity of Goods
5.Limited Warranty.Authentic Goods are warranted by Company to be free from defects in material and workmanship for one (1) year from the date of shipment. If any of the Goods are found by Company to be so defective, the Buyer’s sole and exclusive remedy under this limited warranty shall be for Company to, at its sole option, repair or replace such Goods at Company’s factory or, in its sole and absolute discretion to refund the purchase price for the defective Good.