GENERAL SALES CONDITIONS – FMK MOTORIZED

CONDITIONS OF SALES

1. Unless written provision is made to the contrary, on this occasion and in respect of all subsequent contracts we conduct business solely according to our standard conditions. No conditions of purchase or miscellaneous conditions are binding upon us.
2. No offers made by ourselves may be considered binding. Orders are not accepted until we have confirmed them in writing.
3. Our invoices are made out on the basis of the rates in force on the day of delivery. Our prices do not include V.A.T. Exchange risks shall be borne by the purchaser, the issue of trade bills, the granting of terms of payment and the extension of time entail no novation.
4. Unless expressly indicated, delivery periods are not binding; they are given for information purposes only, but no penalties in respect of delay will be accepted. We are entitled however to make partial deliveries and invoice them separately.
5. Delivery shall be considered to have been effected on our premises or in our works. Irrespective of any special delivery conditions goods are always carried at the consignee’s risk.
6. Guarantee: Each item delivered by FMK - motorized is guaranteed for a duration of one year. A piece will be recognized defective if, put in use according to the normal rules, it does not fulfill its foreseen function. In that case, it is agreed that FMK - motorized will confine itself to replace the defective piece. It is explicit that all other costs are excluded.
7. Unless provision is made to the contrary, our invoices are payable at our Kromeriz offices as the payment conditions written on the invoice. Nonetheless, failure to pay one single invoice or bill by the due date automatically renders the balance outstanding on all other invoices and bills due, without it being necessary to give prior notice to this effect.
8. Any delay in payment automatically results in the charging of interest at a rate of 1,5% per month. In the event of failure to pay, in full or in part, for which no legally valid reason is given, notwithstanding a reminder, the debt will be increased by a flat rate of 15% of the amount of the invoice or the bill, minimum 100€ in order to cover any loss suffered and by the cost of legal proceedings, if any. Any delay in payment will entitle us to postpone or cancel any order on hand and any other commitments towards the purchaser.
9. The purchaser shall be considered to have accepted an invoice unless he makes a detailed objection in writing within 5 days of receiving the invoice.
10. The Kromeriz courts shall be competent to settle all disputes. Only the Czech law shall apply.
11. We retain ownership of goods until full payment has been received for them. The buyer shall be responsible for the goods. Any deposits paid may be retained by the seller as damages and interest.
12. When we consider that the credit of the buyer is deteriorating we reserve the right, even after partial dispatch of the goods, to require from the buyer such guarantees as we may think proper for the satisfactory fulfillment of the buyer’s engagements.

Kromeriz | January 2023