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read the following terms and conditions carefully:
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1. A Purchase
Order (“Order”) shall be considered confirmed
upon Teletronics’ receipt of such Order signed
and dated by the Supplier.
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| 2. All changes and/or
amendments to an Order and all other agreements related
to an Order must be in writing and signed by both parties
to be valid.
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3. Deliveries shall be processed
according to Teletronics’ instructions. All goods
must be properly packed. Partial deliveries will only
be accepted with Teletronics’ advance agreement
in writing. Terms of delivery apply from the date that
the Order was placed.
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4. In addition to any and all other
documents specified in the Order as being required by
Teletronics, the Supplier shall provide Teletronics
with any and all other documents required for Teletronics’
acceptance and use of the goods in an Order.
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5. In the event that the Supplier
fails to deliver an Order within 14 days after the Order
was placed, Teletronics shall have the right to cancel
such Order without any obligation on the part of Teletronics.
In the event both parties agree in writing to a specific
delivery date for an Order, the Order shall be deemed
by both Teletronics and the Supplier to have been cancelled
if delivery is not made by such agreed-upon delivery
date unless otherwise agreed upon by both parties in
writing.
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6. In the event that the Supplier
fails to deliver an Order by its delivery date, Teletronics
shall have, in addition to any and all other rights
and/or remedies available to it at law or in equity,
the right to charge 0.5% of the total price of the Order
for late delivery for the first week or any portion
thereof past the delivery date, and an additional 0.5%
for each additional week or portion thereof past the
delivery date, up to a maximum of 5% of the total price
of the Order. In the event that the Order is cancelled
on account of delay in delivering the Order, or if the
Supplier is no longer in a position to deliver the Order
in accordance with the terms of the Order, Teletronics
shall have, in addition to any and all other rights
and/or remedies available to it at law or in equity,
the right to charge up to 5% of the total price of the
Order.
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7. In the event that goods are delivered
to Teletronics in defective condition and/or do not
meet the specifications provided to the Supplier, Teletronics
shall have the right to choose from among the following
remedies: (i) return said goods to the Supplier at the
Supplier’s sole expense for repair or replacement;
(ii) repair the defect itself at the Supplier’s
sole expense and deduct such repair costs from the original
price agreed to for said goods; or (iii) exercise any
and all other remedies available to it at law or in
equity.
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8. The repair of defective goods
and/or or the delivery of replacement goods must be
completed within 14 days of written notification by
Teletronics to the Supplier, unless otherwise agreed
to in writing by both parties.
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9. In the event Teletronics cannot
make use of the goods delivered due to one or more defects,
then, in addition to all other rights ascribed to it
in these Terms and Conditions, Teletronics shall have
the right to charge the Supplier 0.5% of the total price
of the Order for the first week or portion thereof past
the delivery date, and an additional 0.5% for each additional
week or portion thereof past the delivery date. Said
charges shall cease being levied against the Supplier,
at the earlier of: (i) receipt by Teletronics of repaired
or replaced goods pursuant to paragraph 7, above; or
(ii) said charges reach, in total, 5% of the total price
of the Order. In the event that the Order is cancelled
due to defective goods, Teletronics shall have the right
to charge up to 5% of the total price of the Order,
in addition to any and all other rights and/or remedies
available to it in these Terms and Conditions or at
law or in equity,.
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10. By returning a signed confirmed
Order to Teletronics, Supplier confirms the origin of
the goods, and, unless otherwise specified in writing,
warrants that said goods are of sufficient quality for
their reasonable and/or intended use for a period of
3 years running from the date of acceptance of the goods,
or, when applicable, the date of acceptance of repaired
or replaced goods. |
11. All Supplier exceptions to these Terms and Conditions,
if any, shall be made in writing at the time of confirmation.
Teletronics shall have the right to accept or reject
any such exception in its sole discretion.
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