Terms and Conditions of Sale

Terms and Conditions of Sale

1. DEFINITIONS
In this document the following words shall have the following meanings:

  • a “Buyer” means the organisation or person who buys Goods;
  • b “Goods” means the items to be supplied to the Buyer by the Seller;

Videx Electronics S.p.A. will be hereafter called “Videx”.

 

2. GENERAL CONDITIONS
Any variation to these Terms and Conditions (including any special terms and conditions agreed between the parties) shall be inapplicable unless agreed in writing by Videx.

 

3. ORDERS
Any order sent to Videx implies the Buyers acceptance of all the conditions listed into this document.
Purchases are finalized when the Buyer receives the order confirmation from Videx. After this confirmation, the order cannot be cancelled unless Videx explicitly agrees in writing.

 

4. PRICES
Price list is to be considered variable as it is subject to variations in production costs which are outside of the control of Videx.
Unless otherwise agreed in writing, prices shall be considered ex-works.

 

5. RETENTION OF TITLE
Title to the Goods shall not pass to the Buyer until Videx has been paid in full for the Goods.

 

6. RETENTIONS OF GOODS
Returned Goods will not be authorized unless agreed in writing by Videx. Authorized Goods will be accepted only if intact and in their original packaging. Goods not included in the price lists in force will not be accepted.

 

7. LIABILITY

  • a Videx will not be held responsible for damages arising from incorrect installations which do not comply with the specifications provided or for installations carried out by third parties, or for works carried out by third parties on behalf of the Buyer;
  • b Videx will make good, by repair or by supply of a replacement, defects which, under proper use, appear in the Goods within a period of 12 months after the Goods been sold and arise solely from faulty design, materials or workmanships; always provided that the defective parts have been acknowledged and so declared by Videx;
  • c Videx does not acknowledge any compensation for direct or indirect damages;
  • d All goods must be returned to Videx at Buyer’s own expenses, until such time as these are tested Videx admits no liability for their condition;
  • e Videx admits no liabilities for defective parts caused by wear and tear;
  • f  All Goods returned for repair must be accompanied by a note in writing stating the nature of the defect claimed, the date of purchase, the invoice number and should be clearly marked with the returning purchaser’s full address;
  • g Any returned Goods claimed to be faulty by the Buyer and consequently tested and found to be working correctly by Videx, will be returned to the Buyer and a cost will be charged accordingly.

 

8. PAYMENT
Unless agreed in writing by Videx, the following general conditions apply:

  • a Payment Terms and Conditions will be specified on the invoice;
  • b Interest rates as per the banking conditions effective at the time will be charged on top of overdue payments;

 

9. GOVERNING LAW AND JURISDICTION
This Agreement shall be governed by and construed in accordance with the laws of the Republic of Italy. All the disputes arising out of or in connection with this Agreement shall be submitted to the exclusive jurisdiction of the Courts of Fermo (Italy).