Offer and Acceptance
Vesino offers to sell and deliver products in accordance with the terms and conditions set forth herein. Acceptance of this offer is expressly limited to such terms. Vesino hereby objects to and rejects any additional or different terms proposed by Buyer, including those contained in Buyer’s purchase order, unless Vesino expressly agrees to such terms in writing.
Prices and Releases
Vesino’s price in effect at the time Vesino receives Buyer’s purchase order shall continue to apply if the quantity ordered is released by Vesino within three (3) months. Otherwise, Vesino’s price in effect on the actual release date shall apply within 30days.
Vesino cooperate closely with carrier like airline, shipping company, EMS, TNT, DHL, Fedex,
and UPS etc. From packing to Delivery, Vesino provide you best service. Shipments inside China shall be delivered FOB shipping dock or FCA designated carrier. Shipments outside China shall be delivered CFR or CIF Buyer’s designated destination. Liability for loss or damage shall pass to Buyer upon Vesino’s delivery to Buyer’s designated carrier. Any subsequent loss or damage shall not relieve Buyer from its obligations. Vesino may deliver products in installments. Delivery dates are estimates. Vesino shall not be liable for any damage, losses or expenses incurred by Buyer if Vesino fails to meet the estimated delivery dates. Delay in delivery of any installment shall not relieve buyer of buyer's obligations to accept remaining deliveries.
If Vesino extends credit to Buyer, payment terms shall be net thirty (30) days after Vesino’s invoice. Vesino reserves the right to change credit amounts or payment terms at any time. If the products are delivered in installments, Buyer shall pay for each installment in accordance with the above payment terms. If Buyer fails to make any payment when due, Vesino may suspend or cancel performance under any agreements in which Vesino has extended credit to Buyer. And Buyer need to pay 1% late charge for the unpaid amount every month.
If Buyer’s financial condition does not justify the payment terms specified herein, then Vesino may terminate this contract unless Buyer pays for all products that have been delivered and pays in advance for all products to be delivered. Termination in accordance with this clause shall not affect Vesino’s right to pursue any other available remedies.
If not specified, all foreign bank's charges for Buyer’s account, the local bank’s charges for Vesino’s account.
Prices do not include applicable taxes or duties. Buyer is solely responsible for paying all applicable taxes and duties. If Buyer is required by law to withhold any amount of tax from its payment to Vesino, Buyer shall promptly pay such amount to the appropriate tax authority and take all reasonable steps to minimize such withholding tax.
Vesino shall not be in breach of this contract and shall not be liable for any non-performance or delay in performance if such non-performance or delay is due to a force majeure event or other circumstances beyond Vesino’s reasonable control, including but not limited to shortages of labor, energy, fuel, machinery or materials, technical or yield failures, war, civil unrest, any government act, law or regulation, including any judicial order or decree, any communication or power failure, labor dispute, natural disaster, fire, flood, earthquake, explosion, terrorist act or Act of God. In the event of a shortage of components, Vesino may, at its sole discretion, allocate production and deliveries.
Vesino shall not warrant for the use or sale of the products will not infringe the claims of any patents covering the product itself or the use thereof in combination with other products or in the operation of any progress. Buyer must be responsible for determining the existence of such patents
Cancellations and Rescheduling
No cancellation or rescheduling of orders by Buyer within Vesino’s estimated shipping date for the product will be accepted. Any cancellation or rescheduling by Buyer before Vesino’s estimated shipping date for such product may result in a charge to Buyer. Such charge, if any, shall be reasonably determined by Vesino based on factors such as whether the product was manufactured specifically for Buyer, whether Vesino acquired or allocated particular supplies or equipment to meet Buyer’s order and such other factors as reasonably determined by Vesino. Orders may be cancelled or rescheduled by Buyer before Vesino prepare the production or material and without charge.
Non-waiver of Default
In the event of any default by Buyer, Vesino may decline to make further shipments. If Vesino elects to continue to make shipments, Vesino’s action shall not constitute a waiver of any such default or affect Vesino’s legal remedies for any such default.
Limited Product Warranty
Buyer acknowledges the uncertain nature of the product itself and the services that Vesino may provide. In the event that any product does not meet the performance standards stated in the product specification, if any, or Vesino fails to perform the service resulting from circumstances beyond its reasonable control, Vesino will refund customer the original price paid to Vesino. Buyer shall not claim any direct, indirect, or consequential loss or damage arising out of or in connection with Vesino failure to provide the products or perform the services. Vesino shall have no liability for any direct, indirect, consequential or incidental damages arising out of the use, the results of use or the inability to use any product.
This contract shall not be assignable by Buyer without Vesino’s prior written consent. Any unauthorized assignment shall be null and void.