Sale Conditions
-
The seller and the buyer hereby acknowledge that the Sale Conditions shall remain in force, even in the event of a subsequent signing by means of telecommunication systems, of any new general conditions of sale, without prejudice to the following terms.
-
Shipment dates are not to be considered as final. The delayed execution of orders shall not give rise to any right to indemnities, contract cancelation or reduction unless specifically agreed at the time of ordering.
-
GRETO Ltd declines any responsibility for any delay in delivery due to means of transportation or circumstances beyond its control. In the absence of precise instructions, dispatches will be carried out by the means considered as the most suitable by GRETO Ltd.
-
Goods shall, in any case, be carried on behalf and at the sole risk of the buyer, even if they are sold or dispatched carriage free.
-
Claims as to quality must be made within eight days from the date of receipt of the goods and the grounds for such claims must be acknowledgment as valid by GRETO Ltd. In any such case, the liability of GRETO Ltd. shall be limited to the replacement to the defective goods only.
-
The buyer shall be compelled to verify the goods’ condition and weight before releasing them. In case of shortages or damages, the buyer shall require the damage report from the carrier and he will have to write his own reserves on the shipping documents.
-
When compared with the previous deliveries or samples, humidity, quality, and colors of fibers can be a guarantee with certain approximations. GRETO Ltd. commits itself in keeping the following tolerance level on any supply: a. thickness is warranted with a tolerance of +- 7% of the overage thickness of fibers, while singles fiber is warranted with a tolerance of +-20%; b. humidity is warranted within 2%.
-
Payments shall be valid only if they made directly to the registered GRETO Ltd bank data. Any payment made before the agreed expiry date shall not give the buyer any right to demand a discount or to withhold parts of the payments. After the expiry of the payment terms, the buyer shall lose the right to the agreed discount if any. Any delay in payment shall constitute non–fulfillment of the contract and entitle the seller to discontinue supplies. In the case of delayed payment, interests shall be calculated at the rates applied by the main banks, increased by 4%. GRETO Ltd shall, in any case, have the right to draw a bill for the invoiced amount or outstanding credits.
-
The goods remain the property of the seller until full payment received by the seller.
-
The parties undertake to solve any disagreement which may arise during the cure of the contract in accordance with usages and customs of the Chamber of Commerce in Riga, Latvia. The parties recognized the Curt of Riga as a jurisdiction in all disputes arising from the contract, even if it has been registered elsewhere.
2017.02.01