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Conditions of Sale

Conditions of Sale

These conditions shall be incorporated in and govern every Quotation, offer, acceptance and offer for sale of goods by ASM Ltd, (hereafter called the ‘Seller’) and all other conditions, warranties and representations whether made orally or in writing whether expressed or implied are herby expressly excluded.

2. The Quotation given by the Seller shall be subject to the written confirmation of acceptance upon receipt of the purchase order and no contract shall be concluded until such confirmation is given or the purchase order has otherwise been accepted by the Seller.

3. There shall be no variation, amendment or alteration or waiver to or in respect of the Quotation to these conditions or the Contract unless agreed in writing by the Seller.

4. The Price for the goods shall be as specified or referred to in the Quotation and unless otherwise stated, the Price shall be exclusive of Value Added Tax, of all
insurance, packing, loading, unloading and delivery costs and charges and all customs duties, import/export charges, levies, taxes and other similar charges.

5. Notwithstanding anything contained herein to the contrary, the Price quoted or referred to in the Quotation may be varied by the Seller after any contract has been
entered into and the Seller as a result of any increase between the date of Quotation and Delivery where such increase is due to a change in market conditions beyond the reasonable control of the Seller. The term ‘Market Conditions’ shall include but not be limited to increases in the cost of, or charges of, labour, raw or other materials, transport or handling charges, the imposition amendment or alteration in any statute, order, regulation or bye law in respect of any duty tax impost or as a result of the imposition or change in any requirement for export or import licenses.

6. Payment shall be made by the Purchaser on the due date, namely the date of delivery unless otherwise specified or agreed between the parties.

7. If the Purchaser shall fail to pay the Seller by date due for payment the Seller may either suspend all further deliveries until payment is made in full or cancel the order and any subsequent orders in so far as any goods remain to be delivered thereunder.

8. The Seller further reserves the right to charge interest on any sums payable hereunder which have not been made on the due date for payment at the rate of 4% per annum above the base rate of the Seller’s bankers for the time being calculated on the outstanding balance from the date due for payment to the date of receipt by the Seller of all outstanding sums.

9. All delivery and other dates and periods quoted by or on behalf of the Seller are reasonable estimates only; accordingly, the Seller shall not be liable for any loss or
damage (including any consequential or indirect loss or damage) resulting from or caused by any such delay. Any such delivery period or date quoted shall begin on
the date of the Seller's acceptance of the Purchaser’s order.

10. Unless the Purchaser shall serve a notice of rejection on the seller within 7 days of the date of delivery of the Goods or the date due for collection then the Purchaser shall be deemed to have accepted the Goods. Upon receipt of a notice of rejection the Seller shall have the right to inspect the Goods at the Purchaser’s premises (if applicable) or at its discretion it may request the Purchaser to return the faulty Goods to the Seller's premises at the Purchaser’s cost and expense. If the Seller finds the Goods to be faulty then it shall have the right either to repair or replace such Goods or to refund their purchase price to the Purchaser together in each case with all reasonable freight and insurance costs incurred by the Purchaser in returning the Goods to the Seller.

11. Until payment has been made in full to the Seller for the Goods they shall remain the absolute property of the Seller but the risk shall pass to the Purchaser on delivery.

12. The Purchaser holds the goods as bailee on behalf of the Seller until such time as payment has been made but shall be at liberty to transfer the ownership of the
Goods in the normal course of his trading providing that the proceeds of sales thereof shall be held strictly for the account of the seller in a separate appropriately
designated bank account for the charge of all monies owing by the Purchaser to the Seller.

13. The Seller shall under those circumstances be liable to the Purchaser for any loss or damage arising from any cause whatsoever whilst the Goods are in transit
which shall be for the sole account of the Purchaser.

14. The Seller may at its option either repair or replace free of charge any part of the Goods lost or damaged whilst in transit provided that the Seller and the Carrier of
the Goods are given written notice of any such loss or damage within the time specified by the Carrier’s conditions of carriage. Alternatively where the delivery is
undertaken by the Seller’s own transport the Seller shall be given written notice within 3 days of the arrival of the Goods or in the case of non-delivery within 7 days of despatch and provided that in any such case the Seller shall have no further liability to the Purchaser in respect of any loss or damaged Goods, the liability of the Seller shall be limited to those sums that recoverable from the Shipper’s carriers and their insurers.

15. If by reasons of instructions or lack of instructions from the Purchaser, the despatch of Goods in accordance with the Purchase Order is delayed for 14 days or more after the vendor has given notice in writing to the Purchasers that the said Goods are ready for despatch, the said Goods shall be deemed to have been delivered in accordance with the contract and thereafter the Goods shall be deemed to be at the risk of the Purchaser. The Seller shall use the best endeavours to store the Goods whilst in their storage and the Purchaser shall pay to the Vendor a reasonable sum for the cost of restoring the Goods and if instructed by the Purchase for the cost of insuring the said Goods.

16. The Seller shall only be liable for injury caused to an individual as a result of negligence on the part of the Seller or its employees (being negligence as defined in section 1 of the Unfair Contract Terms Act 1977). The Seller shall also be liable for any physical damage to property caused by its negligence provided always in any one case the maximum liability of the Seller shall not exceed the contract price for the goods in question.

17. Notwithstanding anything contained herein to the contrary the Seller shall not be liable whether in contract, tort or otherwise and whether to the Purchaser or to any third party for or in respect of any indirect or consequently loss or damage of any kind whatsoever (including but not limited to any loss of business or profit) and all or any terms, conditions, warranties of representations whether expressed or implied by statute, common law or otherwise are herby expressly excluded (except as otherwise expressly provided in these conditions) and provided that nothing in these conditions shall be deemed to exclude the provision of Section 12 of the Sale of Goods Act 1979 and where the Purchaser deals as a customer to exclude the provisions of Section 13 or 14 of the Sale of Goods Act 1979.

18. The Seller shall not be liable to the Purchaser under these conditions or otherwise to the extent that the fulfilment of his obligations hereunder has been prevented, hindered, delayed or otherwise prejudiced by an act, event or occurrence or circumstance of force majeure as hereinafter defined. For the purpose of this condition force majeure shall mean any act, event, occurrence or circumstance beyond the reasonable control of the Seller and shall include (without restricting the generality of the foregoing) war (whether declared or not) rebellion, riot insurrection, national or international emergency, civil commotions, fire, flooding, explosion, breakdown of machinery or equipment, labour disturbances, strikes, lock-outs, or other labour disputes, mobilisation or extended military activities, seizure, requisitions, restrictions in foreign exchange, restrictions or shortages of fuel, power, equipment, materials, supplies or labour destruction or loss or damage due to natural causes of any kind whatsoever. The Seller shall be entitled upon any such act, event, occurrence of circumstance to rescind the Contract and all its obligations towards the Purchaser thereunder and the Purchaser shall not be entitled to receive any compensation payment or damages as a result thereof.

19. Upon the occurrence of any of the following the Seller may without notice suspend or determine the contract or unfulfilled part thereof and stop any of the goods in transit and recover any of the goods from the Purchaser’s premises or elsewhere. The exercise of such right shall be without prejudice to all or any other rights, claims and remedies to which the Seller may be lawfully entitled:

(a) if the Purchaser shall make default or commit a breach of contract or of any other of its obligations to the Seller;
(b) if any distress or execution shall be levied upon the Purchaser’s property or assets;
(c) if the Purchaser shall make or offer to make any arrangement or composition with its creditors;
(d) if the Purchaser shall commit an act of bankruptcy or if any petition or receiving order in bankruptcy shall be presented or made against him or her;
(e) if the Purchaser being a company any resolution or petition to wind up the Purchaser's business (other than for the purpose of amalgamation or reconstruction) shall be passed or presented or if a receiver of the undertaking property or asserts or any part thereof of the Purchaser shall be appointed.

20. The Seller shall have a general lien over any goods of the Purchaser in its possession for any sums due from the Purchaser to the Seller whether under the Contract or any other contract between the Purchaser and the Seller. If any lien is not satisfied within 14 days of such sums becoming due, the Seller may in its absolute discretion sell the Goods as agent for the Purchaser and apply the proceeds of sales towards the payment of the sums due and the expenses of the sale and the Seller shall be discharged from all liability whatsoever in respect of Goods upon accounting to the Purchaser for the balance (if any) remaining.

21. The validity, construction and performance of the Contract and these conditions shall be governed by the Laws of England (and subject to the jurisdiction of the English Courts).

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