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Terms and Conditions
PRECISION BRUSH COMPANY, INC.
TERMS AND CONDITIONS OF SALE
See also: "TERMS AND CONDITIONS OF PURCHASE"
- GOVERNING LAW - Unless otherwise specified by Precision
Brush Company, Inc. (“Precision Brush”), all
orders are accepted by Precision Brush at its office in Solon,
Ohio and shall be governed by and interpreted in accordance
with the laws of the State of Ohio.
- FORCE MAJEURE; APPORTIONMENT - Manufacture, shipment and
delivery are subject to, and Precision Brush shall not be
liable for any delay in or impairment of performance resulting
in whole or in part from, any war (whether or not declared),
strike, difference with workmen, accident, fire, flood, Acts
of God, delay in transportation, shortage of materials, equipment
breakdowns, mill conditions, laws, regulations, orders or
acts of any governmental agency or body or any cause beyond
the reasonable control of Precision Brush, or if performance
by Precision Brush becomes impracticable due to the occurrence
of a contingency, the non-occurrence of which was a basic
assumption on which the sale was made. In any such event,
Precision Brush shall have such additional time to perform
as may be reasonably necessary and shall have the right to
apportion its production among its customers in such manner
as it deems equitable.
- MODIFICATION OF TERMS - Precision Brush’s acceptance
of any order is expressly subject to Buyer’s assent
to each and all of Precision Brush’s terms and conditions
and Buyer’s assent to these terms and conditions shall
be conclusively presumed without prompt written objection
from Buyer thereto or from Buyer’s acceptance of all
or any part of the goods ordered. No addition to or modification
of said terms and conditions shall be binding upon Precision
Brush unless specifically agreed to in writing by Precision
Brush. If Buyer’s purchase order or other correspondence
or written communication contains terms or conditions contrary
to or in addition to the terms and conditions of Precision
Brush, acceptance of any order by Precision Brush shall not
be construed as assent to such contrary or additional terms
and conditions or constitute a waiver by Precision Brush
of any of its terms and conditions. Any reference to Buyer’s
purchase order or other correspondence or written communication
shall not affect or limit the applicability of Precision
Brush's terms and conditions.
- PRICE -
For F.O.B. Plant Sales - Unless otherwise specified in writing
by Precision Brush: (a) all prices, quotations, shipments
and deliveries by Precision Brush are F.O.B. Precision Brush’s
plant; (b) all base prices, together with related extras
and deductions, are subject to change without notice and
all orders are accepted subject to Precision Brush’s
price in effect at the time of shipment; and (c) all transportation
and other charges are for Buyer's account.
For F.A.S. Vessel Sales - Unless otherwise specified in writing
by Precision Brush: (a) all prices, quotations, shipments
and deliveries by Precision Brush are F.A.S. Vessel. The
price quoted shall include the cost of delivery of the goods
alongside an overseas vessel and within reach of its loading
tackle or on the dock designated and provided by or for Buyer;
(b) all base prices, together with related extras and deductions,
are subject to change without notice and all orders are accepted
subject to Precision Brush’s price in effect at the
time of shipment; and (c) unless otherwise agreed in writing,
Precision Brush shall be entitled to immediate payment in
full for the goods hereunder upon tender to Buyer of a document
of title covering the same.
- CREDIT; DEFAULT IN PAYMENT - All orders and shipments
are subject to the approval of Precision Brush’s President,
and Precision Brush may at any time refuse to make shipment
or delivery if Buyer fails to fulfill the terms and conditions
of payment or fails to provide security satisfactory to Precision
Brush. In the event Buyer fails to make payment on any contract
between Buyer or any of its affiliates and Precision Brush
in accordance with the terms of such contract, Precision
Brush may, at its option and in addition to all other remedies
available to it: (a) defer shipments hereunder until such
payment is made and satisfactory credit arrangements are
established; or (b) cancel the unshipped balance of this
order. At Precision Brush’s option, interest will be
charged after the due date up to the maximum lawful contract
interest rate.
- SETOFF - Precision Brush shall have the right to credit
toward the payment of any monies that may become due Precision
Brush hereunder any sums which may now or hereafter be owed
to Buyer by Precision Brush.
- TRANSPORTATION - Precision Brush has the right to select
the carrier but will use its reasonable efforts to comply
with Buyer’s requested method of transportation. Precision
Brush reserves the right to use an alternate method of transportation,
whether or not at a higher cost to Buyer, if the method specified
by Buyer is deemed by Precision Brush to be unavailable or
otherwise unsatisfactory. In any such case, Precision Brush
shall promptly notify Buyer of any such change. Any storage
and/or demurrage charges which may accrue on the goods hereunder
are for Buyer's account.
- PACKAGING - Precision Brush will use its reasonable efforts
to comply with any special packaging, loading or bracing
requirements specified in writing by Buyer in any order.
Precision Brush will charge for compliance with Buyer’s
special requirements in accordance with Precision Brush’s
price for extras in effect at time of shipment. If no special
requirements are specified by Buyer, Precision Brush shall
comply with the minimum requirements customarily applied
by Precision Brush to the method of transportation used for
such goods.
- DISCLAIMER; LIMITED WARRANTY - NO WARRANTIES, EXPRESS
OR IMPLIED (INCLUDING, BUT NOT BY WAY OF LIMITATION, ANY
IMPLIED WARRANTY OF MERCHANTABILITY OR ANY IMPLIED WARRANTY
OF FITNESS FOR A PARTICULAR PURPOSE), EXIST ON ANY ORDER,
EXCEPT THAT PRECISION BRUSH WARRANTS: (A) TITLE TO ALL GOODS
FURNISHED BY PRECISION BRUSH; AND (B) ALL GOODS WILL BE MANUFACTURED
IN ACCORDANCE WITH THE SPECIFICATIONS, IF ANY, SET FORTH
BY BUYER AND AGREED TO IN WRITING BY PRECISION BRUSH, SUBJECT
TO PRECISION BRUSH’S STANDARD MANUFACTURING VARIATION.
- LIMITATION OF BUYER’S REMEDIES - BUYER’S
REMEDIES WITH RESPECT TO ANY CLAIM ARISING OUT OF ANY ORDER
OR PRECISION BRUSH’S PERFORMANCE IN CONNECTION THEREWITH,
INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF ANY
DEFECT OR ALLEGED DEFECT IN ANY GOODS FURNISHED BY PRECISION
BRUSH, SHALL BE LIMITED EXCLUSIVELY TO THE RIGHT OF REPLACEMENT
OF SUCH GOODS OR, AT PRECISION BRUSH’S OPTION, TO REPAYMENT
OF THE PURCHASE PRICE THEREFOR. WITHOUT IN ANY WAY LIMITING
THE GENERALITY OF THE FOREGOING, IN NO EVENT SHALL PRECISION
BRUSH BE LIABLE FOR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES
(INCLUDING, WITHOUT LIMITATION, ANY LOSS OF PRODUCTION OR
ANTICIPATED PROFITS) OR LIABILITY INCURRED BY BUYER WITH
RESPECT TO ANY GOODS FURNISHED OR TO BE FURNISHED HEREUNDER
BY PRECISION BRUSH. IN NO EVENT, REGARDLESS OF THE LEGAL
THEORY ON WHICH A REMEDY IS SOUGHT, SHALL PRECISION BRUSH’S
LIABILITY EXCEED THE PURCHASE PRICE OF THE GOODS.
- DAMAGED GOODS - If any goods arrive at Buyer’s
destination in a damaged condition or a shortage occurs,
Buyer shall immediately report the damage or shortage in
writing to the delivering carrier and to Precision Brush.
Any loss or shortage of goods occasioned by damage, or otherwise
occurring in transit, will be for Buyer's account. Precision
Brush may elect to assist Buyer in recovering damages, provided
Buyer furnishes Precision Brush written authorization to
recover damages from Buyer’s carrier.
- QUALITY ASSURANCE SPECIFICATIONS - Precision Brush shall
have no obligation to ensure that any goods purchased from
Precision Brush meet any special quality assurance specifications
or other requirements, except as agreed upon in writing between
Buyer and Precision Brush, and Buyer represents and warrants
that goods which it purchases from Precision Brush will not
be applied by Buyer to or resold by Buyer for application
to any critical end use, unless the appropriate specification
or other requirement for such end use is set forth by Buyer
in writing and is expressly accepted, in writing, by Precision
Brush. In the event that any such goods supplied by Precision
Brush are applied to a critical end use without the appropriate
specification or other requirement therefor having been set
forth in writing by Buyer and expressly accepted in writing
by Precision Brush as provided above, Buyer shall indemnify
and hold Precision Brush harmless from and against any and
all damages or claims for damages made by any person for
any injury, fatal or nonfatal, to any person, or for any
damage to property, incident to or arising out of such application.
- TAXES - Any tax which Precision Brush may be required
to pay or collect, through assessment or otherwise, under
any existing or future law upon or with respect to the sale,
purchase, delivery, transportation, exportation, storage,
processing, use or consumption of any goods described herein,
including, without limitation, taxes upon or measured by
receipts from sales, shall be for Buyer's account and may
be added to the price of such goods. Buyer shall promptly
pay the amount thereof to Precision Brush upon demand but
may, in lieu of such payment, furnish to Precision Brush
evidence of the issuance of tax exemption certificates acceptable
to the appropriate taxing authorities.
- CLAIMS - Buyer must make any claims in writing within
ninety (90) days after Buyer's receipt of the goods. Buyer
shall set aside, protect and hold such goods without further
processing until Precision Brush has an opportunity to inspect
and advise of the disposition, if any, to be made of such
goods. In no event shall any goods be returned, reworked
or scrapped by Buyer without Precision Brush's authorization.
- TECHNICAL ASSISTANCE - Unless otherwise expressly agreed
to in writing by Precision Brush: (a) any technical advice
provided by Precision Brush with respect to the use of goods
furnished to Buyer shall be without charge; (b) Precision
Brush assumes no obligation or liability for any such advice
or for any results occurring as a result of the application
of such advice; and (c) Buyer shall have sole responsibility
for selection and specification of the goods appropriate
for the anticipated end use.
- PERMISSIBLE VARIATIONS - Goods shipped by Precision Brush
shall be within Precision Brush’s standard variations,
and Precision Brush reserves the right to ship overages or
underages of quantity of up to ten percent (10%) in accordance
with Precision Brush’s standard practices.
- PATENTS - If the terms and conditions of Buyer’s
written order shall require a patent indemnity and the material
covered by such order is to be made in accordance with Precision
Brush’s specifications, Precision Brush agrees to defend
any suit or proceeding brought against Buyer on a claim that
the material or any part thereof furnished under Buyer’s
order constitutes an infringement of any patent of the United
States and to pay all direct and actual damages and costs
awarded against Buyer therein, provided in all instances
that Precision Brush is promptly notified in writing of any
such suit and given authority, information, and assistance
reasonably necessary for the defense of same. If the material
covered by Buyer’s written order is to be made in accordance
with Buyer’s written specifications and any suit or
proceeding is brought against Precision Brush on a claim
that the material or any part thereof furnished under Buyer’s
order constitutes an infringement of any patent of the United
States, Buyer agrees to defend any such suit or proceeding
and to pay all direct and actual damages and costs awarded
against Precision Brush therein, provided in all instances
that Buyer is promptly notified in writing of such suit and
given authority, information, and assistance reasonably necessary
for defense of same.
- ASSIGNMENT - Buyer shall not assign any order or any
interest therein without the written consent of Precision
Brush. Any actual or attempted assignment without Precision
Brush’s prior written consent shall entitle Precision
Brush to cancel such order upon written notice to Buyer.
- WAIVER - Precision Brush's waiver of any breach of any
terms and conditions set forth herein shall not be construed
as a waiver of any other breach, and the failure by Precision
Brush to exercise any right arising from any default of Buyer
hereunder shall not be deemed a waiver of such right, which
may be exercised at any subsequent time.
- COMPLETE AGREEMENT - Precision Brush’s terms and
conditions, together with any other documents incorporated
herein by reference, constitute the sole and entire agreement
between Buyer and Precision Brush with respect to any order,
superseding completely any oral, written or other communications
unless the terms thereof are agreed to in writing by Precision
Brush. No additions to or variations from such terms and
conditions, whether contained in Buyer’s purchase order,
any shipping release or elsewhere, shall be binding upon
Precision Brush unless agreed to in writing by Precision
Brush.
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