The present Terms and Conditions of Sale and Delivery shall apply to all orders placed with and all deliveries made by Industrial Power Systems unless otherwise agreed in writing.
1. QUOTATIONS
All quotations are based on the sales prices, customs duty rates, exchange rates, taxes, etc. applicable on the date of the quotation. Notwithstanding the provision contained in item 2, Industrial Power Systems reserves the right to adjust the final sales price in case of changes in the above-mentioned rates and taxes after the issue of the quotation.
2. ORDERS
All orders are binding on the party placing the order, for which reason any changes to or cancellation of any order are subject to Industrial Power Systems prior written accept. Concurrently with the placing of an order, the customer is obliged to advise whether the customer themselves will be responsible for collecting the order, cf. item 3.
3. DELIVERY
All orders are delivered FCA (Incoterms 2010). If the customer has not informed Industrial Power Systems of the collection of the product at the time of order placement at the latest, Industrial Power Systems is entitled to arrange for the transportation of the product to the customer - at the customer’s expense and at the customers risk.
4. TIME OF DELIVERY
The time of delivery is stated in the order confirmation issued by Industrial Power Systems.
5. RETENTION OF TITLE
Industrial Power Systems shall retain the full title to the product delivered until the purchase sum, including any interest accrued, is paid in full, cf. below.
6. INTELLECTUAL PROPERTY RIGHTS
Subject to the provisions set forth herein, the sale by Industrial Power Systems of a product implies the non-exclusive and non-transferable license to customer under any of the supplier’s intellectual property rights
(1) to use and resell products as sold by Industrial Power Systems to customer, as well as (2) to use and resell systems of products manufactured by or on behalf of customer that include one or more of such supplier’s products.
To the extent that software and/or documentation is embedded or made available by Industrial Power Systems supplier for downloading into a product, the sale of such product shall not constitute the transfer of ownership rights or title to such software and/or documentation to customer, but subject to the provisions set forth herein, shall only imply a non-exclusive license to customer under the supplier’s intellectual property rights to use such software and/or documentation in conjunction with and as embedded in the product.
7. PAYMENT
Unless otherwise agreed, invoices issued by Industrial Power Systems are due 30 days after the invoice date. In the event of a delay in payment, interest is payable at a rate of 12 per cent per annum from the due date and until payment. In connection with the fulfilment of orders placed by enterprises with which Industrial Power Systems has not previously traded, invoices are payable upon receipt thereof. The customer is in no event entitled to withhold payment without prior acceptance in writing from Industrial Power Systems.
8. DELAY
In the event that delivery is delayed by more than two weeks, the customer is entitled to a penalty amounting to one per cent of the purchase sum exclusive of VAT per week for that part of the delivery which is delayed. In no event can this penalty exceed eight per cent of the purchase sum
exclusive of VAT for the part of the delivery which is delayed. In the event of delays exceeding eight weeks, the customer is furthermore entitled to request in writing that the agreement be cancelled, unless delivery is affected within 14 days thereof.
9. DEFECTS AND NON-COMPLIANCE
The supplier to Industrial Power Systems is obliged and entitled to remedy any defects or non-compliance in accordance with the contents of the present provision. Industrial Power Systems is not liable for the defects or non-compliance which is attributable to Industrial Power Systems, and which result from defects in design, materials, software or manufacture. Industrial Power Systems is not liable for any defects or non-compliance whatsoever in materials supplied by the customer, in designs made by the customer nor in designs made by Industrial Power Systems in accordance with customer specifications. Industrial Power Systems is not liable for defects caused by inadequate maintenance, by the customer’s use of the product sold in a way in which it was not intended to be used, by incorrect assembly or installation on the part of the customer, by changes carried out by the customer without Industrial Power Systems consent in writing, by repairs performed by the customer or by ordinary wear and tear. Industrial Power Systems is not liable for any consequences of the customer’s incorrect installation or use of product software updates made available to the customer. Industrial Power Systems is in no event liable for any defects or non-compliance in any product sold more than two years after delivery. Industrial Power Systems can be held liable for defects or non-compliance only if the defective or non-compliant products are returned to Industrial Power Systems in suitable packaging and only to the extent that Industrial Power Systems, at its sole discretion, confirms the existence of the alleged defects or non-compliance. In the event Industrial Power Systems determines that the returned products are neither defective nor non-compliant, Industrial Power Systems is entitled to charge the customer any costs which Industrial Power Systems has incurred on account of the unfounded allegations of defects or noncompliance by the customer. The liability, if any, of Industrial Power Systems for damages - whether arising from breach of the terms agreed for the supply of products, is limited to an amount not exceeding the purchase sum giving rise to the liability.
10. COMPLAINTS
The customer shall submit any complaint in writing to Industrial Power Systems and such complaint shall be submitted as soon as any defect or non-compliance has been observed or should have been observed, but in no event later than two years after the product has been delivered to the customer. In the event the time limit allowed for complaints passes, the customer’s right to hold Industrial Power Systems liable because of the defect or non-compliance observed shall lapse.
11. PRODUCT LIABILITY
Industrial Power Systems is not liable for personal injury only if such injury is attributable to products supplied by Industrial Power Systems. Industrial Power Systems is not liable for damage or injury caused by products made by the customer or by products which include components made by the customer or in which products made by the customer have been incorporated, when such damage is attributable to the customer’s products. If a third party, for example the customer’s customer, seeks to hold Industrial Power Systems liable for damage or injury, the customer is obliged to indemnify Industrial Power Systems in connection with any costs incurred by Industrial Power Systems as a result thereof, including any compensation payable, attorney’s fees and costs, etc. The customer is, furthermore, in support of Industrial Power Systems, obliged to enter into any court proceedings or arbitration case instituted against Industrial Power Systems by the third party.
12. INDIRECT LOSSES
Industrial Power Systems is in no event liable for the customer’s operating loss, loss of earnings, installation costs, loss of profits, loss of or damage to data, or any other indirect loss, including any loss resulting from the customer’s legal relationship with any third party.
13. REMEDYING DEFECTS AND NON-COMPLIANCE
If a product is defective or in any other way non-compliant, cf. above, Industrial Power Systems is entitled, at its own discretion, to remedy such defect or non-compliance by effecting repairs, a replacement delivery, or by refunding the purchase sum paid.
14. INTELLECTUAL PROPERTY RIGHTS INDEMNITY
Industrial Power Systems, at its sole expense, shall:
(a) defend any legal proceeding brought by a third party against the customer to the extent that the proceeding includes a claim that any product supplied by Industrial Power Systems hereunder directly infringes the claimant’s patent, copyright, trademark, or trade secret; and
(b) hold the customer harmless against damages and costs awarded by final judgment in such proceeding to the extent directly and solely attributable to such infringement.
Notwithstanding the foregoing, Industrial Power Systems is not liable for any patent infringement arising from compliance with the customer’s design, specifications or instructions.
Industrial Power Systems has no obligation or liability towards the customer
(1) if Industrial Power Systems is not (i) promptly notified in writing of any such claim and (ii) given the sole right to control and direct the investigation, preparation, defence and settlement of such claim, including the selection of counsel and (iii) given full reasonable assistance and cooperation by the customer in such investigation, preparation, settlement and defence;
(2) if the claim is made after a period of three years from the date of delivery of the product.
If any product is or in Industrial Power Systems opinion is likely to become the subject of a claim of infringement as referred to above, Industrial Power Systems has a right, but not an obligation at its sole option to: (i) procure for the customer the right to continue to use or sell the product or (ii) replace or modify the product in such a way as to make the modified product non-infringing or (iii) terminate any supply agreement to the extent it is related to such product. Subject to the exclusions and limitations set forth in item 11 above, the foregoing constitutes Industrial Power Systems entire liability and obligation towards the customer and the customer’s sole remedy with respect to any actual or alleged infringement of any intellectual property rights of any kind.
15. FORCE MAJEURE
Industrial Power Systems is not liable for any non-performance of Industrial Power Systems obligations if such non-performance is attributable to circumstances which can be regarded as being beyond the control of the company, including but not limited to strike, fire, war, mobilisation, requisitions, sequestration, foreign exchange restrictions, uprising and unrest, shortage of transportation, general scarcity of goods, restrictions concerning energy or defects or delays in deliveries from sub-suppliers which are attributable to similar circumstances as the ones listed in this provision.
16. EXPORT CONTROLS
The products may be subject to export controls, and the delivery is therefore subject to the granting of the export authorisation required.
17. DISPUTES
Any dispute in connection with the trading relation between the parties which cannot be settled amicably, shall be finally settled by a UK court, in English.