Terms of sale

INTERNATIONAL TERMS OF SALE

  • 1. Orders and related confirmations form a sale agreement at the following terms and conditions.

  • 2. These general conditions of sale constitute a contractual obligation and are understood as being accepted unless otherwise contested in writing.

  • 3. Orders shall be executed upon receipt of the advanced payment required or within 24 hours from forwarding of Order confirmation if no advanced payment is required, at the terms and conditions herein there stated.

  • 4. Incoterms 2010 delivery terms, of the International Chamber of commerce (ICC), apply as specified in the Orders, unless differently stated in the Order Confi rmation. Goods sold EXW Incoterms 2010 shall be invoiced on the day goods are placed at the disposal of Buyer, such date to be communicated in writing.

  • 5. Shipment date will be binding at the condition that payment of price balance, where required, had been duly made. Delayed delivery due to delayed payments may not be ascribed to Seller’s fault.

  • 6. Payments are deemed to be made when the respective sum is at the Manufacturer’s disposal at its Italian domicile. In case of delay in payment, without prejudice to any other right or remedy available to the Manufacturer, the Manufacturer is entitled to charge the buyer interests on the amount unpaid, at the rate of 7 per cent annum above BERS base rate, until payment is fully made.

  • 7. The Manufacturer is entitled to apply for breach of contract and to suspend deliveries, shall the financial situation of the Buyer be such as to jeopardize completion of due payment.

  • 8. 

    All merchandise remains Manufacturer’s property until all outstanding invoices are paid in full. The retention of title is extended to the Products sold by the Buyer to third parties and to the price of
    such sales, within the maximum limits set forth by the laws of the country of the Buyer which regulate the present clause
    All merchandise remains Manufacturer’s property until all outstanding invoices are paid in full. The retention of title is extended to the Products sold by the Buyer to third parties and to the price ofsuch sales, within the maximum limits set forth by the laws of the country of the Buyer which regulate the present clause.

  • 9. In case of deferred payment, failure to observe and/or delay of one rate or term entitles the seller to request immediate remittance of the whole remaining sum, independent of terms of payment previously agreed.

  • 10. Any claims will be considered only if made in writing : Apparent Defects within 8 days from delivery; Hidden Defects within 8 days from discovery. Unauthorized returns will not be accepted. The Man facturer undertakes to warrant the Products at the terms and conditions stated in the WARRANTY DOCUMENT that will be supplied to the Buyer on demand and available on the website www.contract-concepts.it

  • 11. The competent law courts of the place where the Manufacturer has his registered offi ce shall have exclusive jurisdiction in any action arising out of or in connection of this contract, except for the Ritention of title clause (8) which may be implemented in Buyer's country Courts at Seller's choice.

  • 12. No other than the above stated clauses will be considered legally binding if not especially agreed otherwise in writing.

  • 13. The United Nations Convention on Contracts for the International Sale for Goods (1980) applies to all the matters not ruled by the provisions mentioned here above.

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