General terms and conditions of sales – Dynasonics TFXP Series Transit Time Ultrasonic Flow Meter User Manual

Page 131

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GENERAL TERMS AND CONDITIONS OF SALES



1. PAYMENT – Terms of payment are effective from the actual date of invoice. If, in the Seller’s

opinion, the financial condition of the Buyer at any time – or any other circumstances – does
not justify the incurrence of production costs of shipment on the terms of payment specified,
the Seller may require partial or full payment in advance. Payment terms are net 30 days
unless otherwise stated on invoice.



2. F.O.B. – All shipments are from Racine, Wisconsin, USA, unless otherwise other stated, and

title transfers to the buyer upon leaving factory.



3. QUOTATION AND PRICES – Quoted prices are firm for 30 days unless stated in the

quotation and are subject to change without notice after expiration of this period.



4. TAXES – Any applicable sales, use, revenue, excise or other taxes not specifically stated in

the quotation are to be remitted by the Buyer directly to the appropriate regulatory agency.



5. WARRANTY – Seller’s standard published warranty in effect at the time of shipment shall

apply. This warranty is exclusive and is in lieu of all other warranties, express, implied, or
statutory, including the warranty of merchantability.



6. DELIVERY – The Seller shall not be liable for loss or damage of any kind resulting from delay

or inability to deliver on account of flood, fire, labor trouble, riots, civil disturbances, accidents,
acts or orders or regulations of civil or military authorities, shortages of material, or any other
causes beyond Seller’s control.



7. PRODUCT CHANGES – In keeping with our continuing policy of product improvement, we

reserve the right to make changes in our products at any time, without incurring an obligation
to change, replace or upgrade equipment previously shipped.



8. CANCELLATIONS – An order placed by Buyer and accepted by Seller may be cancelled only

with the Seller’s consent and upon terms that will indemnify the Seller against loss.



9. RESTOCKING CHARGE – On standard equipment, the charge is 25%, provided the

equipment is returned within 30 days in acceptable condition with a RGA number.
Restocking charges for special equipment may vary from standard equipment, and will be
handled on a case-by-case basis.

No returns will be taken after one year.

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