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Standard
Terms and Conditions |
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| 1. Definition | |||
| 1.1. 1.2. 1.3. 1.4 1.5. |
In this agreement, unless
the context otherwise requires, the words, expressions and phrases set
out below have the meaning hereunto ascribed to them. "the Seller": CT Lab (Pty) Ltd. "the Purchaser": The buyer. "the Goods": The goods sold by the Seller to the Buyer "the Price": the Seller's price of its goods |
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| 2. Price |
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| 2.1. 2.2. |
The price of the Goods shall
be the price contained in a quotation from CT Lab The price of Goods may be adjusted when: |
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| 2.2.1. 2.2.2. |
More than 30 days have expired since the
date of the quotation The volume ordered by yourselves is any different to the volume quoted on |
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| 2.3. | All quoted prices and any other amount referred to in this agreement are exclusive of VAT | ||
| 3. Payment | |||
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3.1.
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Payment shall be in United
States of America currency except in the Republic of South Africa where
it shall be in the Republic of South Africa currency. Payment by the Purchaser must be made in full within 30 days of from date of invoice. Interest will be charged monthly on overdue accounts at a rate of 2% above the prime bank lending rate per annum at that time. |
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| 4. Delivery and Risks | |||
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4.1. |
The product sold shall remain the property of CT Lab and shall remain
personal property until fully paid for in cash, and the Purchaser agrees
to perform all acts which may be necessary to perfect and assure retention
of title to such product by CT Lab. Risk of loss of the product, or
any part of same, shall pass to the Purchaser upon delivery of such
product or part at the designated delivery point. |
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| 4.2. | Delivery will take place as quoted on an
official CT Lab quote. |
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| 4.3. | Should you choose to collect the goods from
CT Lab's premises, the risk will pass to you on collection from CT Lab's
premises. |
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| 4.4. | In the event that the goods were in stock
at the moment of making a quotation, the goods shall only be delivered
to you forthwith if they have not been sold to another customer subsequent
to making the quotation |
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| 4.5. | Force Majeure CT Lab shall not be liable
for failure to perform or for delay in performance resulting from any
cause beyond CT Lab 's reasonable control or due to compliance with any
statutory requirement, acts of God, acts or omissions of the Purchaser,
fires, floods, weather, strikes, lockouts, factory shutdowns, faulty castings
or forgings, embargoes, wars, hostilities, riots, delays or shortages
in transportation or inability to obtain labour, manufacturing facilities
or shortages in transportation or inability to obtain labour, manufacturing
facilities or material from CT Lab's usual sources. |
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| 4.6. |
Any delay resulting from any such cause shall extend delivery dates
to the extent caused thereby and CT Lab shall be reimbursed its additional
expenses resulting from such delay. The Purchaser's receipt of products
shall constitute a waiver of any claims for delay |
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| 5. Standard Warranty | |||
| 5.1. | CT Lab warrants solely to the
Purchaser that the manufactured products will be of the kind and quality
described in its specification and will be free of defects in workmanship
and material within one (1) year from the date of delivery. |
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| 5.2. | Products supplied by CT Lab, but manufactured by others, are warranted only to the extent of the particular manufacturer's warranty. | ||
| 6. Remedy | |||
| In the event that any product supplied hereunder
fails to comply with this warranty and CT Lab is so notified promptly,
in writing, within one (1) year from the date of delivery, CT Lab will
correct such nonconformity by repair or, at CT Labs discretion, by replacement
of the defective part or parts provided the product has been stored, installed,
operated and maintained in accordance with normal conditions and industry
standard practices |
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| 7. Software | |||
| 7.1. | With respect to the software products provided
by CT Lab, CT Lab and the Purchaser intend and agree that such software
products are being licensed and not sold, and that the words "purchase"
, "sold" or similar or derivative words are understood and agreed to mean
"license" and that the word "Purchaser" or similar or derivative words
is understood and agreed to mean "Licensee", CT Lab retains ownership
of and title to all software products provided hereunder, notwithstanding
anything to the contrary stated herein. CT Lab hereby grants to Purchaser
a royalty-free, non-exclusive, nontransferable license, without power
to sublicense, to use software provided hereunder solely for the Purchaser's
own internal business purposes on the hardware products provided hereunder
and to use the related documentation solely for Purchaser's own internal
business purposes. This license terminates when Purchaser's lawful possession
of the hardware products provided hereunder ceases, unless earlier terminated
as provided herein. For purposes of Section 117 of the copyright Act of
1978, as amended, and for all other purposes, CT Lab will be considered
the owner of the software products and related documentation provided
hereunder and any copies thereof, and of all copyright, trade secret,
patent, trademark and other intellectual property rights therein. Purchaser
agrees not to sell, transfer, license, loan or otherwise make available
to third parties the software products and related documentation provided
hereunder. Purchaser may not modify, enhance or otherwise change or supplement
the software products provided hereunder without CT Lab's written consent.
The source code for the software products supplied hereunder will not
be disclosed to Purchaser. CT Lab will be entitled to terminate this license
if Purchaser fails to comply with any terms or condition in these terms
and conditions. Purchaser agrees, upon termination of this license, immediately
to return to CT Lab all software products and related documentation provided
hereunder and all copies and portions thereof. |
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| 7.2. | Certain of the software products provided
by CT Lab may be owned by one or more third parties and licensed to CT
Lab. CT Lab and Purchaser intend and agree that software products owned
by third parties and provided hereunder are being sublicensed to Purchaser,
that such third parties retain ownership of and title to such software
products, and that such third parties may directly enforce Purchaser's
obligations hereunder in order to protect their respective interests in
such software products. The warranty and indemnification provisions set
forth herein shall not apply to software products owned by third parties. |
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8. Cession |
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| You may not cede the rights arising from
or pursuant to this agreement without CT Lab's prior written consent. |
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| 9. Cancellation | |||
| 9.1 | . In the event of the cancellation of this
agreement or any order pursuant to this agreement by CT Lab by reason
of a breach hereof by yourself then, without prejudice to any of CT Lab's
remedies at common law, you shall reimburse CT Lab for any cancellation
fees which CT Lab may be obliged to pay its suppliers the cost of all
freight insurance import duties and levies and other costs of importation
and return of the goods to CT Lab together with a fee of 10% of the sale
price of the goods in question |
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| 9.2. | CT Lab may cancel any order if you commit
at act of insolvency within the meaning of that phrase in section 8 of
the Insolvency Act 1936 or being a juristic person, commit any act which
would be such act of insolvency were you a natural person. |
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| 9.3. | Any orders held or delayed or rescheduled
at the request of the Purchaser will be subject to the prices and conditions
of sale in effect at the time of the release of the hold or the reschedule.
Any such order held delayed or rescheduled beyond a reasonable period
of time will be treated as a Purchaser termination. CT Lab shall have
the right to cancel at any time by written notice for any material breach
of the contract by the Purchaser. |
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| 10. Sole agreement | |||
| This agreement constitutes the entire agreement
between CT Lab and yourselves and no variation hereof will be of any force
or effect unless it is in writing and signed by or on behalf of CT Lab
and yourself. |
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| 11. General | |||
| 11.1. | You agree to pay to CT Lab or its attorneys
on demand all tracing fees, legal costs on an attorney and own client
scale and collection commissions payable by CT Lab in respect of any action
or proceedings which may be instituted against you in terms of or arising
out of this agreement |
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| 11.2. | In terms of section 45 of the Magistrates
Court Act 1944, as amended you hereby consent to the jurisdiction of the
Magistrates Court having jurisdiction over your person in respect of action
or proceedings which may be brought against you in terms of or arising
out of this agreement notwithstanding the amount of the relevant claim.
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| 11.3. | Choices of Law: The rights and remedies of the parties hereunder shall be governed by the law of the Republic of South Africa. The only court that will have jurisdiction is that of the Republic of South Africa. | ||