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Conditions of Sale

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A. Terms and Conditions
B. Terms of Payment
C. Quotations
D.

Prices

E.

Delivery

F. Passing of Title in Property
G. Testing and Inspection
H. Cancellation or Variation
I. Warranty
J.

Transit Damage & Non-Deliveries

K. Indemnity
L. Insolvency
M. Law and Interpretation

A. Terms and Conditions
These terms and conditions form part of every quotation, offer or Contract of Sale made by LG Motion Ltd (hereinafter called "The Company") and shall not be varied without the express written agreement of the Company. "Customer" means the person firm or company who receives the Company's goods or to whom the Company's quotation invoice or acknowledgment of order is addressed; "the goods" mean the products supplied by the Company to the Customer.

B. Terms of Payment

1. Strictly nett within 30 days following the date of the invoice for approved accounts only, or net monthly account i.e. end of the month following the month in which the invoice is dated.
2. For non approved accounts pro-forma payment or cash with order.
3. Failure by the Customer to pay in accordance with the terms of the Contract shall entitle the Company at its option to:
 

o

withhold future deliveries until such payment has been made and further payments secured to its satisfaction.

o

charge interest at 4% above National Westminster Bank rate for each day the amount remains outstanding after the due date.

C. Quotations
Quotations where given are without commitment and no contract between the Company and the Customer shall arise unless and until the Company has accepted in writing the Customer's order whether placed on the Company's quotation or otherwise.

D. Prices
Prices contained in a price list quotation catalogue etc. are those ruling at the date thereof and are for guidance only. The Company reserves the right to adjust the quoted prices to the prices current on the day of despatch. All prices exclude VAT, which will be charged at the rate applicable at the time of supply. Prices quoted are "Ex-Works" and Carriage, Packing and Insurance will be charged extra.

E. Delivery

1.

All delivery dates quoted are estimated, are not guaranteed and do not form a term of this contract.

2.

The Company shall not be liable to make good to the Customer any damage or loss arising directly or indirectly out of delay in delivery of the goods nor will the Company be liable for any consequential or special loss claimed by the customer including without limitation delay, detention, loss of profit or production loss of time charges or liability to any Third Parties.

3.

Where any order calls for a number of items the Company reserves the right to despatch all or any number of items as and when available, and Customer shall pay all invoices in respect of such deliveries in accordance with the terms of payment set out above but not before they were due.

4.

When the Company undertakes the installation of the equipment or materials supplied in the Customer's premises the Company shall not be responsible for any consequential loss or damage occurring as a result thereof nor the third party claims in connection therewith.

F. Passing of Title in Property

1.

Ownership of the property in the goods supplied shall not pass to the Customer until all monies owing to the Company in respect of such goods have been paid to the Company in full.

2.

In the event of non-payment or of the determination of the contract howsoever it may occur the Company is authorised to enter on to the Customer's premises and repossess those goods where the property is vested in the Company.

3.

The risk incidental to the goods shall pass to the Customer with delivery and the Company will not be liable to the Customer for any loss or damage to the components howsoever occurring after delivery to the Customer.

G. Testing and Inspection

1.

The Company reserves the right to charge the Customer for tests, test certificates, certificates of conformity and for all testing or documentation which is not provided as standard.

2.

Where the Customer requires the Company to commission a component or equipment at the Customer's premises this will constitute a separate contract between the Customer and the Company.

H. Cancellation or Variation

1.

Cancellation of an order or part of an order can only be made by mutual consent, but where the Company agrees that an order may be cancelled the Company nevertheless reserves the right to levy charges on the Customer for any loss the Company has suffered as a result of that cancellation.

2.

In the event of the Customer altering the requirements of the contract after instructions have been received by the Company the Company reserves the right to amend the delivery time and to charge for any costs incurred as a result of the alteration.

I. Warranty

1.

The Company guarantees the goods against defects in materials and workmanship for a period of 12 months from the date of delivery. Any such defect must be notified to the Company as soon as the defect becomes apparent and the Company agrees to restore defective goods to satisfactory working order or replace the same within the above period free of charge save where such goods are separately covered by another manufacturer's guarantee. Defective goods should be returned to the Company at the Customer's expense.

2.

Such repair or replacement will be the absolute limit of the Company's liability and the Company will not be liable in any circumstances whatsoever for the loss or damage of any kind suffered by the Customer or and Third Party unless the same shall relate to personal injury or death and then if the same shall arise out of the Company's negligence. Save as aforesaid the Company shall be under no liability whatsoever in regard to the goods supplied to the Customer.

3.

The Company does not warrant or guarantee that the goods will be fit for the Customer's specific purpose unless exact details of such purpose have been notified in writing to the Company prior to the Company's acceptance of the Customer's order.

J. Transit Damage and Non-Deliveries
Customers should advise the Company of any damaged goods as soon as practicable after delivery and at the latest within 7 days of receipt of the same. Damaged goods should be returned to the Company at the Customer's expense. If the company is not advised of non-delivery within 7 days from despatch the company will not be held responsible.

K. Indemnity
The Customer shall indemnify the Company against all actions claims or demands by Third Parties whether in tort or otherwise howsoever arising directly or indirectly in connection with the use functioning or state of the goods for in connection with the performance of services.

L. Insolvency
If the Customer is adjudicated bankrupt or commits any act of bankruptcy or makes any arrangement or composition with his creditors or (being a company) enters into liquidation (not being a voluntary liquidation for the purposes only of reconstruction or amalgamation) or has a receiver of its assets appointed the Company may without prejudice to its other rights suspend or cancel deliveries of the components or cease its manufacture.

M. Law and Interpretation
This contract shall be governed by English law and the Customer shall submit to the non-exclusive jurisdiction of the English Courts. If any of these conditions or any part thereof is rendered void or unenforceable by any legislation to which it is subject or by any rule of law it shall be void or unenforceable to that extent and no further.

 
 
 

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