Terms & Conditions of business
Prices quoted remain in effect to (60) days from the date of this quotation.
Quotations not accepted by the buyer within 60 days will be subject to review and revision. Prices quoted are based on specifications as listed in this quotation and we reserve the right to revise the prices in this quotation if specifications are changed by the buyer or found to be incorrectly furnished by the buyer.
We reserve the right to revise the prices in this quotation in accordance with prices prevailing at the time of shipment under the following conditions: increase in price of equipment or services provided by other manufactures; and our inability to deliver within 90 days of order acceptance for reasons beyond our reasonable control.
All excise, sales, use and other similar taxes applicable and required to be collected by the seller shall be added to the invoice unless an appropriate exemption certificate is received.
Unless otherwise specified, all shipment are F.O.B. customer location.
Terms of payment unless otherwise specified are Net Thirty (30) Days from date of invoice.
Overdue accounts are subject to interest of 1.5% per month.
Seller warrants that Goods and Services delivered hereunder are free from defects in material and workmanship, and meet the Sellers’s written specifications. Unless otherwise agreed for any of the Goods or Services, (a) Sellers liability under this warranty is limited to materials and workmanship; (b) this warranty is limited to a one (1) year period commencing with the date of receipt of the Goods or Service; (c) minor deviations from specifications, which do not affect performance of the Goods or Service, are excluded from this warranty; (d) Seller shall not be liable under this warranty unless (i) Seller is promptly notified in writing by Buyer upon discovery of the nonconformance of the Goods or Service to this warranty, (ii) Seller is granted access to examine Goods or Service, and (iii) Sellers examination of such Goods or Service discloses to the Seller’s reasonable satisfaction that any defects or breach of Seller’s warranty have not been caused by misuse, damage, neglect, repair, alteration or accident; (e) as for any Goods or Service not in conformity with the foregoing warranty, Seller will at its option replace or repair such Goods or Service thereof F.O.B. the sellers location and such repair or replacement shall be the only and exclusive liability of the Seller in respect of such defects; and (f) in case where the Buyer obtains value from the use of the Goods or Service in (e) above, then the Seller shall have the option issuing a partial credit allowance to be applied against future business with Jaeger Inc.
Seller shall not be liable for any consequential, special, or indirect damages or for any loss of profit.
When this proposal is duly accepted and approved, it shall constitute an agreement which is not subject to cancellation except upon terms that will indemnify Jaeger Inc. against any cost caused by cancellation.
Processing or delivery of any order resulting from this quotation is subject to the approval of the Seller’s Credit Department.
All the terms and provisions of the Agreement shall be governed by the laws of the State in which the Invoicing for the seller’s goods took place.