5.1. Pursuant to Sections 5.2, 5.3, and 5.4, Seller shall replace any Product which does not conform to the “Product Standards Submitted by Buyer,” or, in the absence of such, the manufacturer’s specifications. Seller may decide, in its sole discretion, to refund Buyer for the sales price of any faulty Product(s).
5.2. Replacement of faulty Products or credit for them is subjected to and conditioned upon the following:
5.3. This guarantee does not cover damage to or modification of Goods caused by events beyond Seller’s control, such as the combination of other substances or products.
The Buyer undertakes to use the Product(s) in the following manner:
5.5. Section 5.1 is the only remedy available to the Buyer and the Seller with regard to the Products supplied herein.
EXCEPT AS EXPRESSLY STATED HEREIN, SELLER MAKES NO GUARANTEES, DIRECT OR INDIRECT, STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. NOTWITHSTANDING THE FOREGOING, NOTHING CONTAINED HEREIN SHALL BE CONSTRUED AS A WARRANTY AS TO THE RESULTS OBTAINED OR AVAILABLE FROM THE USE OF ANY PRODUCTS PROVIDED OR THE WORK OR SERVICES CONDUCTED BY SELLER HEREUNDER.
5.6. Buyer will be solely responsible for determining the Product’s appropriateness for the purposes and applications intended by Buyer and others.
8.2. If that Seller elects to react to an emergency affecting the Product(s) sold by Seller, Buyer thus consents to, and holds Seller Group harmless for, any measures taken or not taken by Seller Group in conjunction with such emergency. Additionally, Buyer agrees to defend, indemnify, and hold Seller Group innocuous from and against any and all setbacks, harm, incidents, obligations, actions, claims, or litigations of any kind arising directly or indirectly from such emergency, whether or not caused by Seller Group’s acts or omissions.
10.2. Buyer will assist completely with Seller’s delivery efforts and shall be adequately prepared to accept the Product(s) safely and promptly upon delivery.
10.3. Buyer is liable for inspecting all Products upon receipt to verify they are received in the proper quantity, concentration level, and kind. Any shortfall, surplus, mis-shipment, or fault in any Product must be notified to Seller within seven (7) days of the Product(s) being received by the Buyer. After this period, the Seller shall not be liable for any shortfalls or inability to fulfill requirements. In the event of bulk carload or tank car deliveries, in the absence of a manifest mistake, the Seller’s weight shall prevail.
10.4 The Buyer must provide sufficient access to on-site tanks or other appropriate receptacles to enable the Product to be unloaded efficiently (s).
10.5 Buyer shall not be entitled to modify or terminate these Terms or to seek damages as a result of late delivery or inability to provide. Buyer must bear all risk of loss or damage upon shipment of the Product(s) to Buyer’s location.
10.6. Upon reasonable request by Buyer, Seller may help Buyer in loading or unloading the Product(s), but such help will be provided at Buyer’s own risk. BUYER SHALL DEFEND, INDEMNIFY, AND HOLD SELLER GROUP INNOCUOUS FROM AND AGAINST ANY AND ALL LOSSES, HARM, INJURIES, OBLIGATIONS, ACTIONS, CLAIMS, OR PROCEEDINGS OF ANY NATURE ARISING DIRECTLY OR INDIRECTLY OUT OF THE LOADING OR UNLOADING OF THE PRODUCT(S), WHETHER OR NOT BASED.
13.2. Unless Seller agrees differently in writing, payment terms are thirty (30) days net. All payments payable hereunder shall be paid to Seller in the United States legal tender at the address specified on Seller’s invoice. Acceptance of sales drafts, cheques, or other forms of payment by Seller is conditional to prompt collection of the full face value thereof. Buyer promised to pay all applicable taxes (if any) on the Product’s sale, transport, storage, and usage. Buyer must reimburse Seller for any taxes, excises, tariffs, and other charges imposed by any federal, state, or municipal government on, or measured by, the manufacture, sale, transit, or use of, any Product supplied hereunder (excluding taxes on Seller’s income and property).
13.3. If Buyer does not pay on time, Seller may (a) demand advance payment from Buyer, (b) delay delivery, and/or (c) impose interest on any outstanding charges and interest at a rate of two percent (2%) each month (compounded monthly), or the utmost permitted by relevant law, whichever is less.
13.4 Buyer must pay the fees and prices specified in these Terms, as well as any additional special costs (including, but not limited to, interim crisis, facility interruption and coverage, shipping, fuel and energy fees) that Seller may assess from time to time. Extraordinary fees are not subject to Section 11 and might even be modified or added at the discretion of the Seller.
13.5. If Buyer fails to inform Seller in writing within thirty (30) days of receipt of an invoice of any disagreement, Buyer is conclusively assumed to be in agreement with all elements of the invoice.
13.6. Any credit provided by Seller to Buyer in connection with the Product(s) may be used solely against the cost of future acquisitions from Seller and will not be compensated in cash. Any such credit will terminate one (1) year after it is issued, and Seller will have no responsibility to Buyer if the credit is not applied prior to its expiration date.
13.7. Buyer shall have no privilege of set-off or withholding, and no payments owing to Seller may be deducted from Buyer’s account without Seller’s prior explicit written permission.
14.2. If Seller believes that there is a period of insufficient supply of the Product(s) for any cause, Seller may assign its inventory between Buyer and Seller’s other customers in its absolute discretion, without Seller being liable for inability to perform the amount or any portion thereof stated on any order, and Buyer forgoes any right to enforce a Claim against Seller in this regard.
16.2. Without the prior written permission of Seller, Buyer may not distribute these Terms. For the purposes of these Terms, “assignment” includes any assignment resulting from a merger or other legal process. These Terms shall be final and binding on and shall inure to the advantage of the parties’ respective successors and authorized assigns. Buyer shall receive a written acknowledgement of these Terms from any authorized transferee of Buyer in a manner acceptable to Seller. Any alleged assignment made in contravention of this Section is null and invalid.
16.3. These Terms will be governed by and construed in compliance with applicable laws of the country in which the Seller maintains its corporate headquarters, without regard for its conflict of law provisions. By accepting delivery of any Product hereunder, Buyer irrevocably consents to personal jurisdiction in the aforementioned jurisdiction and waives any right to object on any grounds, including but not limited to forum non conveniens. Seller shall be awarded to collect its expenditures, including reasonable lawyers’ fees, in connection with any court action taken by Seller to enforce these Terms. To the greatest extent allowed by applicable law, each party knowingly, willingly, and deliberately waives any right to a jury trial in any court proceedings, cause of action, or dispute arising out of or related to these Terms. Each party certifies that they have consulted with or had the opportunity to consult with legal advice about this waiver.
16.4. At Seller’s option, any disagreement, dispute, or Claim between the parties (hereinafter referred to as a “Dispute”) that (a) does not rely on a third party and (b) arises out of or is related in any way to I these Terms or (ii) any sale, purchase, or use of the Product(s) herein and shall be resolved in accordance with the following procedure. The parties will make a good faith effort to resolve any Dispute via discussions between an executive officer of each party having the power to resolve the Dispute. If the Dispute is not resolved within thirty (30) days of the initiating party serving written notice on the opposing party, it shall be resolved solely, exclusively, and finally through binding arbitration conducted by the American Arbitration Association in full compliance with its commercial arbitration rules. Any court with jurisdiction may enter judgment on the arbitrator(s)’ award. Unless the sum in dispute surpasses two hundred and fifty thousand USD ($250,000), the arbitration must be conducted before a panel of three (3) arbitrators. The arbitrator(s) must have experience in the chemical or distribution industries. Each side must select one arbitrator if three arbitrators are to be appointed. The two arbitrators chosen in this manner shall select the third arbitrator. If three arbitrators are chosen, each party must pay one-half of the expense of the third arbitration. Unless otherwise specified, regardless of the result of the arbitration, each party must pay its own expenses. All additional charges, fees, and expenditures are to be shared equally by the parties. Arbitration must be conducted in the country in which the Seller has its corporate headquarters. The arbitration shall be conducted in the English language. The arbitrator(s) ruling must be in writing, accompanied by documented findings of fact, and shall be conclusive and agreed by the parties. The arbitrator has the authority to award monetary damages, but not to declare any damages that are prohibited by these Terms, or to provide injunctive or other equitable remedies. This Section is the exclusive forum for resolving any conflicts out of, in connection with, or relating to these Terms, provided that nothing in these Terms precludes either party from pursuing injunctive or equitable relief or seeking redress from the courts in connection with any Dispute involving a third party. No claim for arbitration under this Section may be filed over than one year after the incidence of the triggering event. The parties expressly waive the application of the following international conventions to these Terms: (a) the Uniform Law on the Sale of Goods and the Uniform Law on the Formation of Contracts for the International Sale of Goods, (b) the 1980 United Nations Convention on Contracts for the International Sale of Goods, and (c) the 1974 United Nations Convention on the Limitation Period in the International Sale of Goods, concluded in New York on 14 June.
16.5. Except as supplied in Section 12 herein, all notices needed or offered in link with these Terms shall be in writing and sent or supplied to each party’s last known address via (a) certified post, (b) licensed mail, return invoice demanded, or (c) nationally known courier service. To be enforceable against Seller, any notification related to a violation or termination of this Agreement must be delivered to Bellrock Chemical Inc 1025 Old Country Road Westbury, NY 11590. Notice is considered to be provided on the day it is received or rejected by the other party.
16.6. No party’s waiver of any of its obligations under these Terms shall be interpreted as a precedent, and shall in no way impact, restrict, or exclude that party’s subsequent right to enforce and enforce full adherence with each and every term or condition included herein. No waiver is valid unless it is in written and confirmed by the party seeking to enforce the waiver. Acceptance of any payment made beyond the stated due date by the Seller does not represent a waiver of the Buyer’s duty to make subsequent installments on the designated due dates.
16.7. If any term or sections of these Terms are found to be unlawful or unenforceable, the remaining provisions’ validity and enforceability shall not be impacted or damaged in any manner. Section titles are provided for reference purposes only and shall not be utilized in understanding or analyzing these Terms.
16.8. All requirements, equations, illustrations, imagery, explanatory matter, and specifics contained in Seller’s catalogs, website, and marketing documents (hereinafter referred to as the “Descriptions”) are for informational purposes only, do not constitute a part of these Terms, and are made without representations or guarantees of any kind. No inconsistency between the Product(s) and the Descriptions entitles the Buyer to terminate these Terms or to claim compensation or damages.
16.9. Seller reserves the right to modify or alter these Terms at any moment without prior notification to Buyer, and such modifications or amendments will be effective for any orders received after the revision date stated below.
16.10 If Buyer seeks a modification to these Terms, Seller reserves the right to raise the cost of the Product(s) to cover any additional expenses incurred.
16.11 Buyer represents and guarantees that it is not a “Prohibited Person” under the Office of Foreign Assets Control’s definition.
16.12 Unless Seller expressly authorizes Buyer to distribute the Product(s) provided hereunder, the Product(s) are given to Buyer for Buyer’s internal use only, and Buyer might not even repackage, resell, or otherwise transfer the Product(s) without Seller’s prior written permission. Even with Seller’s permission, Buyer undertakes to comply with all relevant export rules and regulations regarding the Product(s) and to refrain from transshipping or reselling the Product(s) to any person or organization that is a “Prohibited Person” as determined by the Office of Foreign Assets Control.
16.13 Buyer must not incorporate the Seller’s trademarks, in whole or in part, into Buyer’s name, nor shall Buyer establish any name, including web addresses, or mark vaguely similar to the Seller’s trademarks. Buyer understands that no right or interest in Seller’s trademarks or other intellectual property is being granted to Buyer and that Buyer might not use the same without Seller’s prior written permission.
16.14. The parties hereto are in the capacity of Buyer and Seller. Nothing in these Terms, nor any course of business between the parties, will be interpreted as creating or implying an employment or agency relationship between the parties, or between one party and the other party’s employees or agents. As a result, neither party shall have the authority to obligate the other party in any manner, to incur any obligation on behalf of the other party, or to act in any other capacity on behalf of the other party. Each party is entirely responsible for paying its employees’ wages (including income taxes and social security withholding), workers’ compensation, and any other employment benefits.
16.15. Buyer shall keep accurate and full records of the Product’s acquisition and sale (s). The Buyer will keep such records for a period of at least twenty-four (24) months after the Product’s delivery (s). To ascertain whether Buyer has met with its duties under these Terms, Seller will have the option, subject to reasonable confidentiality restrictions, to examine Buyer’s records during normal business hours, provided that such inspections do not impair Buyer’s operations unduly.
16.16. These Terms will not be interpreted more harshly against any party based on who prepared them first.
16.17. Any part of these Terms that is explicitly or by its nature intended to survive their termination will do so in perpetuity.
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