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TERMS AND CONDITIONS Advanced Business
Technology, Inc. ALL SALES BY ADVANCED BUSINESS
TECHNOLOGY, INC. (ABT) ARE EXPRESSLY LIMITED BY, CONDITIONED ON AND MADE
SUBJECT TO THE TERMS AND CONDITIONS CONTAINED IN THIS AGREEMENT AND NO
OTHER TERMS OR CONDITIONS CONTAINED IN ANY DOCUMENTS OF BUYER SHALL
LIMIT, ALTER OR QUALIFY THE TERMS AND CONDITIONS CONTAINED HEREIN UNLESS
OTHERWISE PROVIDED FOR IN WRITING AND SIGNED BY AN AUTHORIZED REPRESENTATIVE OF ABT. THIS AGREEMENT, THE RETURN
MERCHANDISE POLICY OF ABT THE CREDIT APPLICATION AND THE INVOICE, IF
APPLICABLE, AND ANY OTHER DOCUMENT APPROVED IN WRITING BY ABT CONSTITUTE
THE ENTIRE AGREEMENT BETWEEN ABT AND
BUYER. ACCEPTANCE BY BUYER
OF ANY PART OF THE MERCHANDISE DESCRIBED BELOW SHALL CONSTITUTE
ACCEPTANCE OF ALL THE TERMS AND CONDITIONS DESCRIBED HEREIN, REGARDLESS
OF ANY CONTRARY TERMS OR CONDITIONS CONTAINED IN ANY OF BUYER'S
DOCUMENTS. 1.
PAYMENT
TERMS
All
merchandise shall remain the sole property of ABT until said merchandise
is paid in full. ABT
reserves the right to collect all merchandise, at the Buyer’s cost, if
said merchandise is not paid in full per the Terms and Conditions of
this contract. In addition to the payment terms listed on each invoice,
the following shall apply to the payment of all invoices.
Unless otherwise provided herein, all payments must be made in
good funds. If
payments are made by personal or company check, the date of payment
shall be deemed to be the date that ABT financial institution declares
the check to be of good and sufficient funds.
Any payment received may be applied by ABT against any obligation
owing by Buyer to ABT Inc., regardless of any statement appearing on or
referring to such payment, without discharging Buyer's liability or any
additional amounts owing by Buyer to ABT.
The acceptance by ABT of any payment or partial payment shall not
constitute a waiver of ABT’s right
to pursue any remaining balance owed to ABT Inc.
Should Buyer fail to make any payment required, ABT may, without
notice, declare all obligations of Buyer to ABT immediately due and
payable. There shall be a
$25.00 handling fee for all returned checks.
Should any dispute arise with respect to any merchandise
delivered by ABT to Buyer, Buyer shall nevertheless pay all invoices
covering merchandise not in dispute, without any right of set off,
defense or counterclaim. ABT
reserves the right, in its sole discretion, to require that all or a
portion of the purchase price relating thereto be prepaid to ABT in good
funds prior to any shipments. Unless
ABT is responsible for the payment of the transportation of the
merchandise to Buyer, ABT shall not be responsible for providing Buyer
with proof of delivery of said merchandise.
Notwithstanding any provision to the contrary contained in this
invoice, absence of proof of delivery shall not affect or delay
the payment terms herein and Buyer must comply with same. 2.
Quotes
Prices quoted are not binding and do
not constitute a contract between ABT and Buyer. Prices may be changed
by ABT to reflect cost adjustments at the time of shipment and any
increases in transportation, labor, materials or other costs. The merchandise is sold at the price in effect on the date of
order, and Purchaser agrees to pay said price for the merchandise.
All prices quoted are exclusive of duties, taxes or charges,
which may be imposed against the merchandise by any governmental entity,
for which Purchaser is solely responsible. 3.
Purchase Orders
ABT shall attempt to comply with any requirements for the receipt
of purchase orders prior to the shipment of merchandise.
However, ABT shall not be responsible for complying with this
requirement if Buyer requests, either orally or in writing, that any
merchandise be delivered prior to the issuance of a purchase order,
Buyer being responsible for the payment of all amounts owed in
connection with any shipments. 4.
Risk of Loss
Subject to ABT's right of stoppage in transit, delivery of
merchandise to a carrier shall constitute delivery to Buyer, and risk of
loss thereon shall pass to Buyer. ABT is not responsible for any damages to the merchandise
caused during the shipment thereof.
Notwithstanding any loss of the merchandise, Buyer shall be
obligated to pay any and all amounts owing to ABT for said merchandise. 5.
Shipments
ABT reserves the right to make partial deliveries of any
merchandise. Should
delivery of all or any part of any merchandise ordered by Buyer be
delayed by any Force Majeure Event (as hereinafter defined), ABT time
for performance shall be extended by the period of delay or ABT may, at
its option, cancel any obligation for any amounts of merchandise not yet
shipped, Buyer remaining liable to ship after receipt of an order and
its production schedules. ABT
shall in no event be liable for any damages incurred by Buyer as a
result of deliveries sent after an estimated delivery date.
Unless otherwise specified by ABT Inc., Buyer is responsible for
any and all freight fees incurred by Buyer's selection of any freight
method. If the shipment is
sent on a C.O.D. basis, Buyer is responsible for any and all C.O.D. fees
associated with said shipment. 6.
Acceptance of Merchandise
Unless Buyer formally rejects any merchandise by providing notice
of same in writing to ABT, Buyer shall be
deemed to have accepted same within fifteen (15) days from the date
of receipt by Buyer of same. 8.
Force Majeure
ABT shall not be liable for any loss or damage caused by factors
beyond its ability to control, including without limitation, changes in
government regulations, acts of God, Buyers acts or admissions, fires,
strikes, floods, quarantines, wars, insurrections or riots, acts of
civil or military authorities, transportation embargoes, shortages,
wrecks, severe weather, and delays in the delivery of components or
materials by ABT suppliers ('Force Majeure Events"). 9.
Cancellation
After ABT 's acceptance of said order, Buyer cannot cancel said
order without the written consent of ABT Inc.
Buyer risks the loss of all deposits, in full,
placed prior to shipment of said merchandise. 10. Seller's
Remedies Upon
Buyer default under any agreement with ABT, including without limitation
default in the payment of any amount due to ABT Inc., ABT Inc. shall be
entitled to exercise any and all remedies available to it, either at law
or in equity, including but not limited to those remedies provided in
article 2 of the UNIFORM COMMERCIAL CODE (as enacted in the State of
California). In the event
of Buyer's default, ABT may, at its option, and without precluding the
pursuit of other remedies, take possession of any or all other
merchandise of Buyer and for such purpose, enter upon any premises
without liability for so doing. If, in ABT 's
judgment, reasonable doubt exists as to Buyer's financial
responsibility, or if Buyer is past due in the payment of any amount
owing to ABT Inc., ABT reserves the right, without liability and without
prejudice to any other remedies, to suspend performance, decline to
ship, or stop any material in transit until ABT receives payment of all
amounts, whether or not due or owing to ABT Inc., or receives adequate
assurance of such payment. 11. Buyer's Remedies
The exclusive remedy of Buyer for breach of contract as to any
goods, and ABT 's only liability for any breach shall be that which is
provided in and conditioned by ABT Return Merchandise Policy.
By way of illustration and not limitation, ABT shall under no
circumstances be liable for incidental or consequential damages. 12. ABT Return Merchandise Policy Purchaser is to obtain a Return Material Authorization (RMA)
before returning goods. All unauthorized returns will not be honored.
ABT reserves it's right to refuse RMA request for parts ordered in advertently or in error for non-stocked, i.e. special order products that we cannot return back to our vendors / suppliers. Returns of product, other than for exchange or replacement will be
subject to a 20% restocking fee. Shipping fees and return shipping costs
are NON-REFUNDABLE. A RMA must be requested within 48 hours of receipt. Should a replacement
for a defective item not be available, a credit/refund or substituted
item will be given. The items being returned should be shipped in the
unopened and original packaging (antistatic bags and seals un-broken) and inclusive of all accessories, software and
documentation. Failure to do so may invalidate the return and warranty 13. Indemnity
Buyer agrees to indemnify, defend and hold harmless ABT from any
and all liability, loss or damage incurred by Buyer or any third party
as a result of the misuse or misapplication of the merchandise or the
transformation of the merchandise into a state that is different from
any condition originally delivered to Buyer. 14. No Waiver
No failure to exercise and no delay in exercising any right,
power or remedy under any agreement between ABT and Buyer shall impair
any right, power of remedy which ABT may have, nor shall Buyer construe
it to be waiver of or acquiescence in any breach or default under any
agreement between Buyer and ABT Inc. 15. Choice of Law, Choice of Forum and Limitation
The agreement evidenced by these Terms and Conditions and any and
all transactions by and between Buyer and ABT shall be governed by and
construed in accordance with the laws of the State of California. In all
cases, ABT and Buyer explicitly specifies and agrees that all disputes
will be resolved by binding arbitration in the state of California.
Buyer and ABT agree that any action brought by either party against the
other in any court shall be brought within Ventura County, California
and hereby waive all questions of personal jurisdiction or venue for the
purposes of carrying out this provision.
Buyer agrees that mailing a copy of the summons may make service
of process and complaint to Buyer at its address as set forth in ABT
records or in the manner prescribed by California law.
Any action for breach of contract must be commenced within one
(1) year after the cause of action shall accrue, and no such action may
be maintained which is not commenced within such period. 16.
Enforcement of 0bligation
Buyer agrees to pay any and all costs and expenses incurred by
ABT Inc., including, but not limited to, all collection costs and
reasonable attorney's fees incurred (whether or not in connection with
judicial proceedings) by ABT in connection with the enforcement of any
obligations of Buyer to ABT Inc. August
10, 2000 |
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