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Conditions of Sale

1 APPLICATION

1.1 These conditions apply to all contracts between TFI and the Buyer and override all conditions stipulated by the Buyer (even if submitted in a later document) any other agreements between the parties relating to the subject matter of this order are terminated (except an agreement into which these conditions are incorporated).
1.2 No variation of these conditions is permitted unless agreed in writing by a director of TFI

2 PRICE

2.1 The price to be paid for the goods or the services will be the TFI list price at the date when the goods are despatched or the services are provided. The price does not include V A T
2.2 In any case where TFI permits the Buyer to hold stocks of the goods and subsequently invoices the buyer according to the amount of stock sold by the Buyer (consignment stocking) the price shall be the TFI highest list price applicable since the data of TFI’s last invoice to the Buyer.

3 PAYMENT

3.1  Payment for the goods or services must be made within thirty days of the day when the goods or services are invoiced by TFI.
3.2  TFI reserves the right to charge interest on overdue sums at the rate of 4% per annum above the Base Rate for the time being of Barclays Bank PLC calculated on a daily basis from the due date of Payment in Clause 3.1 until the date upon which payment is made.
3.3  TFI may at any time require the Buyer to make payment in advance of delivery or require security for payment
3.4  If the Buyer fails to make payment by the due date or when required, TFI may (without prejudice to any other remedy which it may have) cancel this contract between the Buyer and TFI and/or suspend delivery until payment is made.
3.5 The Buyer will have no statutory or other right to sell off

4 DELIVERY

4.1  Delivery dates are approximate only and while every effort will be made to meet them, TFI will not accept responsibility or liability if any delivery dates are not met
4.2  Without prejudice to Clause 4 1, TFI will not be liable for any delay in delivery or non-delivery of goods or services caused by any circumstances beyond TFI control including, without limitation any Act of God, explosion, fire, flood, war, hostilities, accident, delay in delivery or non-delivery by TFI’s suppliers, breakdowns or accidents to machinery, labour strike or dispute, order or decree of any court or action of any government authority, or any other causes or any circumstances beyond TFI’s control. On the occurrence of any of the above events TFI reserves the right to cancel or suspend the whole or part of any delivery.
4.3  In the case of any order for goods of a type or description not normally held in stock by TFI and therefore specially made, ordered or imported by TFI to meet such order, the Buyer will accept goods 10% more or 10% less than ordered, the total price of the order being correspondingly adjusted

5 RISK AND PROPERTY

5.1  Goods supplied to the Buyer will remain the property of TFI until full payment in cash or cleared funds has been received by TFI for those goods and for all other goods delivered by TFI to the Buyer in respect of which payment is outstanding
5.2  Until the title to the goods passes to the Buyer
5.2:1 The Buyer will hold those goods as TFI’s Bailee
5.2:2 The Buyer will protect, store and identify the goods by reasonable means so that they can be recognised as the property of TFI
5.2:3 The Buyer may use the goods or sell them in the ordinary course of its business
5.2:4 If the Buyer is in breach of any of its obligations to TFI or the order or the contract for the supply of goods is cancelled or capable of being cancelled under Clause 8 below, and provided the goods are still in existence and have not been resold, TFI may (a) by notice to the Buyer require redelivery to it of the goods; and/or (b) with or without previous notice, retake possession of the goods and sell the goods. For the purpose of this clause the Buyer irrevocably authorises TFI’s representatives to enter the premises on which the goods are situated and remove the goods at the Buyers expense.
5.3 Risk in all goods supplied to the Buyer will pass to the Buyer on delivery
5.4 In the case of consignment stocking then without prejudice otherwise to these conditions the Buyer shall if he uses the goods or sells them be deemed to have ordered them from TFI at the time of such use or sale

6 INSPECTION

6.1 If the goods or any of them are damaged or lost while in the custody of a carrier TFI will (at its option) either replace such goods or refund to the Buyer the cost or price of them, but TFI’s liability in connection with any such goods will not exceed the cost of replacement of them or the price paid by the Buyer for them
6.2 TFI will not be under any liability under 6.1 above unless the following conditions are strictly complied with:

6.2:1 In the event of non-delivery of a whole consignment of goods the buyer must inform TFI in writing within ten days of the date of the invoice
6.2:2 In the case of damage to goods or loss of part of a consignment the consignment must be inspected in the presence of the carrier. If any goods are damaged or lost the consignment note must be endorsed accordingly and the Buyer must notify TFI within forty-eight hours of delivery, such notification to be confirmed in writing within the following five days

7 LIABILITIES AND WARRANTIES

7.1 Nothing in this clause will be deemed to exclude or restrict TFI’s liability for death or personal injury resulting from TFI’s negligence
7.2 If any goods supplied or processed or any services supplied or provided by or on behalf of TFI prove on inspection to be defective in material or workmanship, TFI will (at its option) replace the same or refund to the Buyer the price of the goods or service but in no circumstances will liability exceed the cost of replacement or the price paid by the Buyer for the goods or services
7.3 The Buyer will determine the suitability of the goods for its intended use and will not rely upon any representations made by or on behalf of TFI. TFI’s liability will never exceed the limitations in Clause 7.2 above
7.4 TFI warrants that it has title to and the right to sell the goods
7.5 TFI will not be liable for any consequential or indirect loss suffered by the Buyer whether this loss arises from a breach of duty in contract or in tort or in any other way (including loss arising from the TFI’s negligence). Non-exhaustive illustrations of consequential or indirect loss are loss of profits, loss of contract, and damage to property of the Buyer or anyone else
7.6 Except as set out in these conditions all warranties and conditions, whether express or implied, statutory or otherwise are excluded
7.7 TFI may be willing to undertake liability additional to that provided in this clause in exchange for a higher price

8 TERMINATION

If there is appointed a receiver or Administrator of the Buyer’s property or assets or any part of them, or a court order is made or a resolution is passed for the winding up of the Buyer (except for the purpose of amalgamation or reconstruction) or if the Buyer commits any act of bankruptcy, or any bankruptcy petition is presented against the Buyer, TFI may by notice in writing to the Buyer cancel all orders and contracts between TFI and the Buyer or any part of them remaining unfulfilled

9 JURISDICTION

All contracts between TFI and the Buyer shall be governed and construed in accordance with the laws of England and the Buyer agrees to submit to the jurisdiction of the Courts of Law in England in respect of them

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Registered Address: Tapes for Industry Ltd, Kenneth House - Lees Road, Knowsley Industrial Park, Kirkby, Merseyside, L33 7BB, United Kingdom
Registered in England 1443071 · VAT Reg.No. 319 7989 93

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