MFG Terms & Conditions of Sale – (Proprietary Products)
Revised: 09/26/2016
- Applicability – The following Terms and
Conditions of Sale shall be applicable to all sales made by Molded Fiber
Glass Companies, its subsidiaries, and divisions (hereinafter “Seller”)
of its proprietary products to a customer (“Buyer”), except where it is
otherwise expressly agreed in writing. In the event of a conflict
between a written agreement and these terms, the written agreement shall
control. Any additional or inconsistent terms, understandings, and
conditions contained in any written or oral representations are objected
to by Seller and will not be effective or binding as to Seller.
- Acceptance – Acceptance of delivery of any or all products ordered by a Buyer shall constitute assent by Buyer to these terms of sale.
- Prices – Prices are firm for the period and/or
quantity indicated on any written quotation. Thereafter, the prices
quoted may be changed by Seller with reasonable notice in order to
reflect Seller’s prices at time of shipment and any increase in
transportation, labor, or other costs. If a delivery price has been
quoted, any charges at destination for spotting, switching, handling,
storage and other accessorial services and demurrage shall be borne by
Buyer, and any increase in transportation charges shall be added to the
quoted price. Seller reserves the right to correct any obvious errors in
specifications or prices.
- Purchase Orders – All purchase orders and change
orders must be in writing. Orders will not be processed until a written
purchase order is received.
- Taxes – Any taxes, which under any existing or
future law Seller may be required to pay or collect with respect to the
sale, purchase, delivery, storage, processing, use, consumption, or
transportation of any of the products or services covered, shall be paid
by Buyer to Seller on demand. The foregoing shall not apply to any
taxes the payment or collection of which by Seller is excused by reason
of delivery of valid tax exemption certificates.
- Terms of Payment – Unless otherwise expressly
provided, payment shall be due 30 days from the date of invoice, without
discount. Interest at the rate of 1.5% per month will be charged on
past due accounts commencing after the last day of the first calendar
month following the date of invoice. All orders shall be subject to
credit approval at Seller’s main office.
- Deliveries – Any delivery schedule indicated is
based on Seller’s present estimate of the time required to ship after
receipt of Buyer’s order. Seller shall not be responsible for any delay
in Seller’s performance due in whole or in part to any causes beyond
Seller’s reasonable control, such as fire, strikes, lockouts, government
acts or requirements, embargoes, insurrection, riot. Acceptance of
delivery of any products by Buyer shall constitute a waiver by Buyer of
any claim for damages on account of any delay in delivery of such
products.
- F.O.B. Point – Quotations and sales are F.O.B. point of shipment unless otherwise expressly stipulated.
- Suspension of Performance – If, in Seller’s
judgment, reasonable doubt exists as to Buyer’s financial
responsibility, or if Buyer is past due in payment of any amount owing
to Seller, Seller reserves the right, without liability and without
prejudice to any other remedies, to suspend performance, decline to
ship, or to stop any material in transit until Seller receives payment
of all amounts owing to Seller or adequate assurance of such payment.
- Shipments – Unless otherwise expressly stated, shipment may be by carrier or other means selected by Seller.
- Warranty – Products furnished are warranted to be
free from all latent defects in material and workmanship under normal
use and service for a period of six (6) months from delivery. However,
Seller will not be obligated beyond the repair or replacement of such
products proven to be defective. Whether the products are manufactured
by Seller or by another, such repair or replacement shall be Buyer’s
exclusive remedy, and neither Seller nor manufacturer shall be subject
to any other liability. No claim for consequential or incidental
damages shall be allowed. SELLER MAKES NO WARRANTY THAT THE PRODUCTS
SOLD HEREUNDER ARE FIT FOR ANY PARTICULAR PURPOSE.
- Claims – Buyer shall notify Seller of any defect,
error, or shortage in products received by Buyer, in writing, within
thirty (30) calendar days after delivery and such written notice must
state the applicable order number or other information identifying the
specific products at issue and must be accompanied by documents that
substantiate the alleged defect, error, or shortage. If Buyer fails to
provide Seller with such written notice within the required time, Buyer
will be deemed to have waived such defect, error or shortage and to have
accepted the products delivered. Any actions for Seller’s breach of
this contract must be commenced within one year after the cause of
action shall accrue, and no such action may be maintained by Buyer which
is not commenced within such period,
- Manufacturing Variations – All products shall be
subject to normal manufacturing variations of Seller and its raw
materials suppliers as recognized in the reinforced plastics industry.
Seller reserves the right to change raw material specifications and/or
raw material at any time and assumes no obligation to continue to supply
any product or products previously supplied. In the event samples are
submitted to Buyer, future production will be based on the sample
standard, recognizing that some modifications will occur through normal
tool wear due to production.
- Returns – Products that are “specially fabricated”
cannot be returned for credit. Buyer may return standard proprietary
products upon Seller’s written permission and will be subject to a
handling and restocking charge of 20% of the purchase price. Only
products in “as new” condition will be accepted.
- Packaging – Seller shall provide adequate packaging
for all products shipped in accordance with recognized industry
practice. All special packaging requirements of Buyer shall be charged
to Buyer’s account.
- Tools, Dies, and Fixtures – Unless expressly
provided otherwise, all tools, dies or fixtures which may be developed
for use in production of the products covered shall be owned by Seller
or as Seller may elect.
- Intellectual Property – Buyer warrants that the
manufacture of products by Seller in compliance with Buyer’s design,
specifications, or instructions shall not infringe the intellectual
property rights of others. Buyer shall indemnify and hold Seller
harmless against any claims, loss or expense resulting from any claim of
infringement of patents, copyrights or trademarks which may arise from
compliance with Buyer’s design, specifications, or instructions.
- Manufacturing Improvements – Seller shall
exclusively own any improvements, discoveries, or inventions relating to
Seller’s manufacturing processes, including, but not limited to,
molding techniques and raw material formulations.
- Government Contracts – Where Buyer has indicated
that Buyer’s order is placed under a prime contract with the United
States Government or a subcontract thereunder and has designated any one
or more of the clauses contained in the Armed Services Procurement
Regulations as presently in effect, such clauses so designated are
incorporated herein to the extent they are required by any Federal
statute or regulation or by the terms of Buyer’s prime contract or
subcontract.
- Compliance with Laws – Any clause required to be
included in a contract by any applicable law or by any administrative
regulations having the effects of law is hereby incorporated herein.
- Waiver – Waiver by either party of any default by the other shall not be deemed to waive any subsequent default.
- Public Relations & Advertising – Seller shall
have the right to release stories and photographs to the press about the
product and its applications for the purposes of public relations and
advertising. Seller shall not disclose Buyer’s name without Buyer’s
consent, which shall be not be unreasonably withheld.
- Cancellation – In the event Buyer terminates,
reduces, suspends, or cancels any order for products, Buyer shall be
responsible for payment of costs for all work performed prior to
cancellation as well as a charge of 25% of the purchase price of the
unshipped portion of the order as liquidated damages and not as a
penalty.
- Set-Off – Buyer authorizes Seller to apply forward
payment of any monies that become due Seller hereunder against any sums
which may now or hereafter be owed to Buyer by Seller, Seller’s parent
company or by any subsidiary or division of either Seller or its parent
company.
- Assignment – Seller shall have the right to assign
or otherwise transfer the parties’ written agreement, in whole or in
part, to its parent company or any of its parent company’s divisions or
subsidiaries or to a purchaser of all or substantially all of its assets
upon thirty (30) days’ prior written notice. No other assignment or
other transfers, in whole or in part, shall be permissible without the
prior consent of the other party.
- Entire Agreement – The terms set forth herein
constitute the sole terms and conditions upon which Seller offers
products for sale. No other terms, conditions, or understanding, whether
oral or written, shall be binding upon Seller unless hereafter made in
writing and signed by Seller’s authorized representative. Any purchase
order Buyer issues to Seller shall constitute Buyer’s unconditional
agreement to be bound exclusively by the foregoing Terms and Conditions
of Sale.
- Governing Law – These Terms and Conditions of Sale
shall in all respects be governed by and interpreted in accordance with
the substantive law of the State of Ohio, excluding its conflicts of law
provisions.
- Dispute Resolution – Unless otherwise provided
herein, if Seller and Buyer have a controversy, dispute or difference,
the parties agree to submit same to mediation administered by the
American Arbitration Association under its Commercial Mediation
Procedures. If the dispute is not settled within a period of 60 days,
such dispute shall be finally settled under the Commercial Arbitration
Rules of the American Arbitration Association by one or more arbitrators
appointed in accordance with such rules. The place for arbitration
shall be Cleveland, Ohio. The award shall be final and binding on both
Buyer and Seller, and the parties hereby waive the right of appeal to
any court for amendment or modification of the arbitrators’ award.
Judgment on the award rendered by the arbitrator may be entered in any
court having jurisdiction thereof.
MFG Terms & Conditions of Sale – (Custom Molding Products)
Revised: 09/26/2016
- Applicability – The following Terms and
Conditions of Sale shall be applicable to all sales made by Molded Fiber
Glass Companies, its subsidiaries, and divisions (hereinafter “Seller”)
of its custom molding products to a customer (“Buyer”), except where it
is otherwise expressly agreed in writing. In the event of a conflict
between a written agreement and these terms, the written agreement shall
control. Any additional or inconsistent terms, understandings, and
conditions contained in any written or oral representations are objected
to by Seller and will not be effective or binding as to Seller.
- Acceptance – Acceptance of delivery of any or all products ordered by a Buyer shall constitute assent by Buyer to these terms of sale.
- Prices – Prices are firm for the period and/or
quantity indicated on any written quotation. Thereafter, the prices
quoted may be changed by Seller with reasonable notice in order to
reflect Seller’s prices at time of shipment and any increase in
transportation, labor, or other costs. If a delivery price has been
quoted, any charges at destination for spotting, switching, handling,
storage and other accessorial services and demurrage shall be borne by
Buyer, and any increase in transportation charges shall be added to the
quoted price. Seller reserves the right to correct any obvious errors in
specifications or prices.
- Purchase Orders – All purchase orders and change
orders must be in writing. Orders will not be processed until a written
purchase order is received. Orders will also not be processed or
scheduled prior to receipt of complete contract drawings and
specifications.
- Taxes – Any taxes, which under any existing or
future law Seller may be required to pay or collect with respect to the
sale, purchase, delivery, storage, processing, use, consumption, or
transportation of any of the products or services covered, shall be paid
by Buyer to Seller on demand. The foregoing shall not apply to any
taxes the payment or collection of which by Seller is excused by reason
of delivery of valid tax exemption certificates.
- Terms of Payment – Unless otherwise expressly
provided, payment shall be due 30 days from the date of invoice, without
discount. Interest at the rate of 1.5% per month will be charged on
past due accounts commencing after the last day of the first calendar
month following the date of invoice. All orders shall be subject to
credit approval at Seller’s main office.
- Deliveries – Any delivery schedule indicated is
based on Seller’s present estimate of the time required to ship after
receipt of Buyer’s order. Seller shall not be responsible for any delay
in Seller’s performance due in whole or in part to any causes beyond
Seller’s reasonable control, such as fire, strikes, lockouts, government
acts or requirements, embargoes, insurrection, riot. Acceptance of
delivery of any products by Buyer shall constitute a waiver by Buyer of
any claim for damages on account of any delay in delivery of such
products.
- F.O.B. Point – Quotations and sales are F.O.B. point of shipment unless otherwise expressly stipulated.
- Suspension of Performance – If, in Seller’s
judgment, reasonable doubt exists as to Buyer’s financial
responsibility, or if Buyer is past due in payment of any amount owing
to Seller, Seller reserves the right, without liability and without
prejudice to any other remedies, to suspend performance, decline to
ship, or to stop any material in transit until Seller receives payment
of all amounts owing to Seller or adequate assurance of such payment.
- Shipments – Unless otherwise expressly stated, shipment may be by carrier or other means selected by Seller.
- Warranty – Products furnished are warranted to be
free from all latent defects in material and workmanship under normal
use and service for a period of one (1) year from delivery. However,
Seller will not be obligated beyond the repair or replacement of such
products proven to be defective. Whether the products are manufactured
by Seller or by another, such repair or replacement shall be Buyer’s
exclusive remedy, and neither Seller nor manufacturer shall be subject
to any other liability. No claim for consequential or incidental
damages shall be allowed. SELLER MAKES NO WARRANTY THAT THE PRODUCTS
SOLD HEREUNDER ARE FIT FOR ANY PARTICULAR PURPOSE.
- Claims – Buyer shall notify Seller of any defect,
error, or shortage in products received by Buyer, in writing, within
thirty (30) calendar days after delivery and such written notice must
state the applicable order number or other information identifying the
specific products at issue and must be accompanied by documents that
substantiate the alleged defect, error, or shortage. If Buyer fails to
provide Seller with such written notice within the required time, Buyer
will be deemed to have waived such defect, error or shortage and to have
accepted the products delivered. Any actions for Seller’s breach of
this contract must be commenced within one year after the cause of
action shall accrue, and no such action may be maintained by Buyer which
is not commenced within such period,
- Manufacturing Variations – All products shall be
subject to normal manufacturing variations of Seller and its raw
materials suppliers as recognized in the reinforced plastics industry.
Seller reserves the right to change raw material specifications and/or
raw material at any time and assumes no obligation to continue to supply
any product or products previously supplied. In the event samples are
submitted to Buyer, future production will be based on the sample
standard, recognizing that some modifications will occur through normal
tool wear due to production.
- Returns – All items in this quotation are “specially fabricated” items and once fabricated cannot be returned for credit.
- Packaging – Seller shall provide adequate packaging
for all products shipped in accordance with recognized industry
practice. All special packaging requirements of Buyer shall be charged
to Buyer’s account.
- Tools, Dies, and Fixtures – Unless expressly
provided otherwise, any tools, dies or fixtures which may be developed
for use in production of the products covered shall be owned by Buyer or
as Buyer may elect. Tools, dies, or fixtures shall be maintained
(normal wear excepted) for Buyer’s exclusive use unless such tools are
inactive for a period of 18 months, at which time these items may be
used or disposed of at Seller’s discretion. Seller shall have a lien on
the tools, dies, and fixtures for the value of all finished products,
work in process, and specialty raw materials. In the event that Buyer
notifies Seller of its intent to discontinue production and move the
tools, dies, or fixtures to another location, all amounts due to Seller
shall be immediately due and payable, and Seller shall be entitled to
continue to retain possession of the tools, dies, and fixtures until the
amounts due are paid in full. In the event of a dispute that the
parties are unable to mutually resolve, Buyer may obtain possession of
the tools, dies, and fixtures by depositing (in accordance with the
Dispute Resolution provisions hereinafter): (a) the amounts due claimed
by Seller; or (b) a bond in an amount equal to the amounts due claimed
by Seller issued by an approved surety. The bond shall be conditioned
that, if Seller prevails, Buyer and the surety are liable for the
monetary amounts awarded.
- Design Responsibility – Unless Seller is specially
contracted (and receives consideration therefor) to create designs,
specifications, or instructions, Buyer assumes all responsibility for
the design, specifications, and instructions relating to the products,
and Buyer makes no warranty, representation, or guaranty regarding same.
Buyer agrees to indemnify and hold Seller harmless against any claims,
loss, or expense resulting from any Buyer designs, specifications, or
instructions that are defective.
- Intellectual Property – Buyer warrants that the
manufacture of products by Seller in compliance with Buyer’s design,
specifications, or instructions shall not infringe the intellectual
property rights of others. Buyer shall indemnify and hold Seller
harmless against any claims, loss or expense resulting from any claim of
infringement of patents, copyrights or trademarks which may arise from
compliance with Buyer’s design, specifications, or instructions.
- Manufacturing Improvements – Seller shall
exclusively own any improvements, discoveries, or inventions relating to
Seller’s manufacturing processes, including, but not limited to,
molding techniques and raw material formulations.
- Government Contracts – Where Buyer has indicated
that Buyer’s order is placed under a prime contract with the United
States Government or a subcontract thereunder and has designated any one
or more of the clauses contained in the Armed Services Procurement
Regulations as presently in effect, such clauses so designated are
incorporated herein to the extent they are required by any Federal
statute or regulation or by the terms of Buyer’s prime contract or
subcontract.
- Compliance with Laws – Any clause required to be
included in a contract by any applicable law or by any administrative
regulations having the effects of law is hereby incorporated herein.
- Waiver – Waiver by either party of any default by the other shall not be deemed to waive any subsequent default.
- Cancellation – A contract may be canceled or
modified only by written agreement between Seller and Buyer. Buyer’s
insistence upon canceling or suspending fabrication or shipment or
Buyer’s failure to furnish specifications when required may be treated
by Seller as a breach of contract by Buyer, and Seller may cancel any
unshipped balance without prejudice to any other remedies Seller may
have. Orders canceled after 3 working days of receipt will carry a
minimum 10% cancellation charge in addition to cost of work performed to
date.
- Set-Off – Buyer authorizes Seller to apply forward
payment of any monies that become due Seller hereunder against any sums
which may now or hereafter be owed to Buyer by Seller, Seller’s parent
company or by any subsidiary or division of either Seller or its parent
company.
- Assignment – Seller shall have the right to assign
or otherwise transfer the parties’ written agreement, in whole or in
part, to its parent company or any of its parent company’s divisions or
subsidiaries or to a purchaser of all or substantially all of its assets
upon thirty (30) days’ prior written notice. No other assignment or
other transfers, in whole or in part, shall be permissible without the
prior consent of the other party.
- Entire Agreement – The terms set forth herein
constitute the sole terms and conditions upon which Seller offers
products for sale. No other terms, conditions, or understanding, whether
oral or written, shall be binding upon Seller unless hereafter made in
writing and signed by Seller’s authorized representative. Any purchase
order Buyer issues to Seller shall constitute Buyer’s unconditional
agreement to be bound exclusively by the foregoing Terms and Conditions
of Sale.
- Governing Law – These Terms and Conditions of Sale
shall in all respects be governed by and interpreted in accordance with
the substantive law of the State of Ohio, excluding its conflicts of law
provisions.
- Dispute Resolution – Unless otherwise provided
herein, if Seller and Buyer have a controversy, dispute or difference,
the parties agree to submit same to mediation administered by the
American Arbitration Association under its Commercial Mediation
Procedures. If the dispute is not settled within a period of 60 days,
such dispute shall be finally settled under the Commercial Arbitration
Rules of the American Arbitration Association by one or more arbitrators
appointed in accordance with such rules. The place for arbitration
shall be Cleveland, Ohio. The award shall be final and binding on both
Buyer and Seller, and the parties hereby waive the right of appeal to
any court for amendment or modification of the arbitrators’ award.
Judgment on the award rendered by the arbitrator may be entered in any
court having jurisdiction thereof.
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