7. Warranties. Seller warrants to
the original Buyer that all new equipment and material manufactured or designed
by it shall be free from material defects in design and fabrication for
eighteen (18) months from the plant shipment date and the plant shipment date
will be no later than 14 days from Tender of Delivery date. All new
equipment, components thereof and material not manufactured or designed by
Seller shall carry only such warranty, if any, as is expressly given by the
manufacturer or designer thereof.
Seller makes no other express warranty.
No express warranty given shall extend beyond the original Buyer. The
foregoing express warranties are given in lieu of all other warranties,
including any implied warranty of merchantability and/or fitness for a
particular purpose, which are expressly disclaimed. There are no warranties, which extend
beyond the description on the face hereof.
Seller shall not be liable for damages caused by abrasion, corrosion,
excessive temperature, condensation of moisture, chemical attack, fire,
explosion, improper operation contrary to the instruction given by Seller or
other manufacturer, insufficient maintenance, circumstances beyond the control
of Seller or operation of the equipment under substantially different conditions
than those anticipated by Seller or stated in the specifications.
8. Limitations of Remedies. Buyer's
sole and exclusive remedy for breach of any warranty or any other obligation of
Seller related to the sale of equipment hereunder shall be the right to require
Seller to repair or replace the defective equipment. Buyer shall be responsible for
disassembling and returning any defective equipment to a place to be designated
by Seller for such repair or replacement.
In the event that repair or replacement fails of its essential purpose
and after Seller is given a reasonable opportunity to cure, then Buyer’s sole
and exclusive remedy shall be the right to recover the amount paid to Seller for
the defective equipment, less any prior warranty allowance given and the
reasonable value of any use made of the equipment by Buyer. The defective equipment must first be
returned to the control of Seller, at Buyer's cost, and any resale of the same
by Seller can be done without notice to Buyer.
Before any breach or warranty claim can be made by Buyer, timely written
notice specifying the particulars of the claimed defect or breach must be
promptly given by Buyer to Seller within sixty (60) days of Buyer's discovery or
constructive knowledge of the same, whichever comes first. Failure to do so shall be deemed a
waiver of the claim. Under no
circumstance shall Buyer be entitled to any incidental or consequential damages. Any warranty allowance given by
Seller to Buyer for any necessary and reasonable repairs or alterations to the
equipment by Buyer within the warranty period shall be subject to Seller’s prior
written consent.
9. Used Equipment. NA.
10. Installation. Buyer shall be
solely responsible, at its expense, for the proper installation and erection of
the equipment purchased, unless otherwise stated in Seller’s proposal or
quotation. Although Seller may in
some cases provide a serviceman, instructions or drawings to aid Buyer with
installation or support of the equipment, Seller expressly disclaims any
warranties with respect to such installation and support. Buyer shall indemnify, defend and
hold Seller harmless from all claims, demands or legal proceedings (including
the expenses and reasonable attorney's fees incurred in connection therewith)
which may be made or brought against Seller in connection with damage or
personal injury arising out of improper installation, erection, start-up, or
operation of the equipment.
11. Cancellation. NEW EQUIPMENT:
If Buyer desires to cancel its order prior to shipment, it may do so but only
with the prior written consent of Seller.
No such conditional cancellation will be considered by Seller unless
Buyer agrees to first pay to Seller: a cancellation fee equal to no less than
20% of the full purchase price, a fee for all engineering completed (at $75.00
per hour), a fee equal to all parts purchased and a fee equal to the percentage
of the completed equipment up to the date of the conditional cancellation. In
addition, Buyer must agree to abandon any down payments. No cancellation of an order for
new equipment will be considered after tender of delivery by Seller.
12. Integration and Assignment. The final written proposal or bid of Seller,
these Terms and Conditions, any separate written warranty given by an authorized
representative of Seller and Buyer’s down payment are intended by the parties as
the sole, final and collective expression of their bargain. These collectively constitute and are
referred to herein as the “Agreement”. Any representation made in or by Seller’s
advertising or samples, any prior dealings between the parties or any
representation by any agent, employee or representative of Seller which is not
contained in any of the above-referenced documents shall not supplement or
explain, nor shall it be considered a part of the Agreement. The Buyer may not assign any of its
rights or obligations under the Agreement without the prior written consent of
Seller
13. Acceptance, Applicable Law and Modification. Seller’s final written
proposal or bid and these Terms and Conditions are deemed accepted by Buyer and
shall be the Agreement between the parties upon receipt by Seller of a down
payment from Buyer. Any term or condition submitted by Buyer to Seller (whether
in a solicitation for bids, acceptance or in a purchase order) which is in
addition to or inconsistent with Seller’s final proposal or these Terms and
Conditions shall be deemed rejected by Seller and shall not become a part of the
Agreement unless such term or condition is agreed to in writing by Seller. Missouri law shall govern the
Agreement. Any reference herein to
the “Uniform Commercial Code” or the “Code” is to said Code as adopted by
Missouri. The Agreement can be
modified only by a writing signed by Buyer and Seller.
14. Proprietary Information.
Seller’s proposal or bid, any financial or business information about Seller,
and all technical information, data, specifications, plans, designs, drawings,
know-how and ideas produced by Seller to or for Buyer’s benefit are deemed
confidential, proprietary information belonging solely to Seller (collectively
the “Information”). Buyer agrees to
treat all said Information confidentially and to take reasonable precautions
against disclosure of said Information to third parties. Buyer further agrees that the
Information shall be used by Buyer, and no one else, for the limited purpose of
evaluating Seller’s proposal or bid and, if accepted by Buyer, for performance
of the Agreement. Any other use of
the Information is prohibited.
15. Arbitration of Disputes. Any
controversy or claim arising out of or relating to this Agreement shall be
settled by arbitration in Kansas City, Missouri in accordance with the
Commercial Arbitration Rules of the American Arbitration Association. In any such arbitration the
arbitrator(s) must follow the law.
Judgment on the award rendered by the arbitrator(s) may be entered in any court
having jurisdiction thereof. THIS
AGREEMENT CONTAINS A BINDING ARBITRATION PROVISION, WHICH MAY BE ENFORCED BY THE
PARTIES.
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