TERMS AND
CONDITIONS
Terms
of Payment:
Net thirty (30) days from date of invoice; FOB point of
shipment. A Service charge of .05% per day (1 ½ % monthly, 18% annually) will be
charged on all past due invoices (beyond 30 days).
Sales
and Other Taxes:
Prices quoted herein include domestic packing only and
do not include sales, use, excise or similar taxes and custom duties.
Consequently, the amount of any present or future sales, use, excise or other
similar taxes or custom duties applicable to the sale of the product(s)
hereunder shall be paid or reimbursed to Vee Industries Inc. by Purchaser or in
lieu thereof, Purchase shall provide Seller with a tax exemption certificate
acceptable to the taxing authorities.
Changes
and Cancellations:
All orders placed hereunder and accepted by Vee
Industries, Inc. shall be firm. If Purchaser requests changes in design or
specification of equipment on order, or for any reason stops work-in-progress,
Vee Industries, Inc. costs of complying with Purchaser’s request shall be borne
by Purchaser. Further, Vee Industries, Inc will on request of Purchaser, agree
to the cancellation in writing in whole or in part of such orders provided
Purchaser shall compensate Vee Industries, Inc. for the latter’s actual costs,
commitments to others and normal overhead up to and including the date such
request is received by Vee Industries, Inc., plus a reasonable profit on all
items for which cancellation is requested.
Acceptance
and Quotations:
No order or purchase agreement shall be deemed accepted
or entered into until accepted by Vee Industries, Inc. at
Boynton Beach,
Florida,
and such accepted orders shall constitute contracts made in
Florida and subject to
the laws thereof. Written quotations are subject to confirmation by Vee
Industries, Inc. at
Boynton
Beach,
Florida and shall
automatically expire thirty (30) calendar days from the date issued and are
subject to termination by notice within that period.
Force
Majeure:
Vee Industries, Inc. performance hereunder is subject to
acts of God, act of Purchaser, acts of civil or military authority, priorities,
government requirements or regulations, accident, explosion, fire, windstorm,
flood or other casualty, strike, lockout or other labor difficulty, riot, war,
insurrection, epidemics, quarantine restrictions, shortage of or inability to
obtain labor, materials or productions or transportation facilities, delays,
interruptions in transportations, extraordinary inflation in cost of Vee
Industries, Inc., performance, and all other disabling causes without regard to
the foregoing enumeration beyond Vee Industries, Inc. reasonable control, and
Vee Industries, Inc. shall not be liable for any incidental, special or
consequential damages caused by or arising from a failure or delay in
manufacture, shipment or delivery of products resulting therefrom. The terms of this Agreement, including the date
for delivery, shall be deemed suspended so long as any such cause prevents or
delays Vee Industries, Inc., performance.
International
Sales:
Unless otherwise agreed in writing and signed by
Purchaser and Vee Industries, Inc., international sales are subject to special
terms of payment and require the opening of an irrevocable letter of credit for
the full amount of deposit in an American bank acceptable to Vee Industries,
Inc., payable upon presentation of shipping documents, at time of shipment.
Packing equipment for export and transportation cost to point of departure from
U.S. is not included in pricing, but
is a separate additional cost. Minimum order is $100.00 net.
Miscellaneous:
Claims for shortages, deductions or corrections will not
be considered unless presented within ten (10) days after receipt of
goods.
Promises of delivery are estimated as accurately as
current conditions will permit. Goods will be shipped as soon as completed and
ready for shipment regardless of estimated date of shipment.
Designs and specifications shown in catalogs or
literature are subject to change without notice.
Dimensions given in our published literature and
catalogs are as close to actual practicable but are not guaranteed. No claim
will be allowed because of any discrepancy between actual dimensions of material
shipped and listed data.
We reserve the right to correct clerical or stenographic
errors in quotations, orders, acknowledgements, invoices or other
documents.
Minimum order domestic and Canadian is $50.00 net; orders under $50.00 net
will be invoiced at the minimum order
price.
WARRANTY
Vee Industries, Inc. warrants its products to be free
from defects in material or workmanship over a period of one (1) year from date
of shipment from its factory.
If any product is found unsatisfactory under this
warranty, the purchaser should notify Vee Industries, Inc. in writing or phone
and after receipt of Vee Industries, Inc. shipping approval, the purchaser may
return it directly to Vee Industries, Inc. factory in
Boynton Beach,
Florida, shipping charges
prepaid.
Such products will be inspected by Vee Industries, Inc.
and if determined defective due to material or workmanship shall be replaced or
put in proper operating condition, free of all charges, including ground freight
and a credit will be allowed
for ground freight to Vee Industries, Inc. The correction of any
defects by repair or replacement by Vee Industries, Inc. shall constitute
fulfillment of all obligations and liability of Vee Industries, Inc. to the
purchaser under the Warranty.
Vee Industries, Inc. is not responsible for damage to
its products through improper installation, maintenance, use or attempts to
operate it beyond its mechanical or electrical capacity intentionally or
otherwise, or for unauthorized repair..
Any failure to notify Vee Industries, Inc. of
unsatisfactory operation, or any improper or unauthorized installation,
maintenance, use, repair or adjustments shall terminate this warranty and shall
relieve Vee Industries, Inc., from any further responsibility thereunder.
Vee Industries, Inc. shall not be liable for special or
consequential damages in any claim, action, suit or proceedings arising under
this warranty, nor shall there by any liability thereunder for claims for labor, loss or profit or good
will, repairs or other expenses incidental to replacement.
The
foregoing warranty is exclusive and in lieu of any and all other warranties,
expressed or implied. No warranty of merchantability, no implied warranty of
fitness for any particular purpose, and no implied warranty arising by usage of
trade, course of dealing or course of performance is given by seller or shall
arise by or in connection with this sale and/or the seller’s and/or buyer’s
conduct in relation thereto or to each other, and in no event shall the seller
be liable on any such warranty with respect to any
product.