Terms and Conditions of Sale
In these Terms and Conditions, “Globaltec” shall mean Globaltec Electronics (Far East) Pte Ltd. All sales of product are subject to the following terms and conditions which supercede any earlier set of conditions appearing in the sales catalogue or elsewhere and any variation of these terms and conditions in any document of the Buyer or otherwise are inapplicable unless accepted in writing by Globaltec.
- Prices and Quotation
Prices are subject to change without notice, but any such changes shall not affect accepted orders. Price quotations are valid for 60 days only unless otherwise agreed.
2.1 All orders are subject to acceptance by Globaltec.
2.2 Notwithstanding acceptance or acknowledgement thereof, all orders and quotations are subject to approval by Globaltec of Buyer’s credit; at Globaltec’s option, terms of payment may be varied from those set forth herein.
All stated prices for products are exclusive of any taxes, fees and duties or other amounts, however designated, and including without limitation goods and services, value added and withholding taxes and/or use taxes which are levied or based upon such charges. All such taxes related to any services or products shall be to the account of and paid by the Buyer unless the Buyer presents an exemption certificate acceptable to the taxing authorities.
Globaltec shall submit itemized invoice to the Buyer according to the payment terms specified in the quotation or otherwise agreed in respect of the transaction. The Buyer shall pay the amount under each invoice without any counter claims, set offs or deductions.
Delivery/shipment quotations are based upon best information available at the time of quotation. Globaltec shall not be held liable for delays in shipping due to causes beyond our control or the control of our suppliers or subcontractors, which make it impossible or commercially unreasonable to perform including so called “Acts of God” or “Force Majeure” events.
- Order Cancellations
Orders manufactured in whole or in part, pursuant to Buyer’s specifications, may not be cancelled except with Globaltec’s prior written consent, on terms which will compensate Globaltec for any resulting losses.
- Warranty And Limitation of Liability
7.1 Globaltec warrants its products to be free from defects in materials and workmanship, for a period of one year on a shift basis from date of delivery/shipment to the original Buyer. Globaltec makes no warranty for any specific application or use of its products. Its liability under this warranty being limited to an allowance of credit for, or replacement of, any defective product or parts; Globaltec shall not be liable for any consequential injuries or for claims for labour, loss of profit, repairs, transportation or other expenses incidental to replacement of the material. And in the event of any defect in materials, workmanship or otherwise in any delivery/shipment, it should not be a ground for cancellation of the remainder of the order and contract.
7.2 The warranty shall not apply to and shall be void against any products which have been subject to misuse, misapplication, modifications or tampering or any products which have been damaged by the negligence or willful default of the user.
7.3 This warranty is expressly in lieu of all other warranties expressed or implied by statute, common law or otherwise, and of all other obligations or liabilities on its part and no agent representative or employee of Globaltec has any authority to extend the scope of this warranty or make any other representation, promise or guarantee in connection with the manufacture, sales or application of its products.
7.4 Notice of products received in a damaged condition shall be given to Globaltec within ten (10) days after delivery/shipping thereof, but the same shall not be returned to Globaltec until after notification to the carrier and inspection and examination thereof by a representative of the carrier and an inspection and examination by a representative of Globaltec.
7.5 Any claim against Globaltec by a Buyer of its products arising out of the condition or quality of said products shall be made in writing to Globaltec within ten (10) days of the delivery/shipment of said goods and merchandise and a failure to present such claim within the said ten (10) days shall constitute a waiver of such claim.
7.6 For products manufactured according to the Buyer’s specifications, the Buyer will be further responsible that the said specifications and/or products do not infringe any intellectual property rights of any other party. Globaltec shall be fully indemnified (including but not limited to all its costs and expenses, including costs of its solicitors on an indemnity basis) by the Buyer against any such infringement.
7.7 Globaltec shall also be entitled to determine and alter this agreement of sale in the event that the Buyer becomes insolvent, bankrupt or the likes.
7.8 Globaltec shall have the power to alter or amend the terms of any agreement. No such amendment or alteration shall be binding upon Globaltec unless in writing and signed by an authorised manager of our company.
- Governing Law
These Terms and Conditions shall be governed by and construed in accordance with the laws of Singapore and shall be subject to the non-exclusive jurisdiction of the courts of Singapore.