Warranty

unloaded)toBuyer’sdesignatedreceivingpoint.Riskoflossordamagetotheproductswhilein
transit,withtheexceptionoflossordamageincurredduringtheunloadingoftheproductsby
Buyeratbuyer’sdesignatedreceivi ngpoint,shallbebornebySELLERuntiltheproductsare
deliveredtotheBuyer’sdesignatedreceivingpoint.
3.DELAYS.SELLERshallnotbeliableforanydelaysindeliverydueorresultinginwholeorin
partfromormadeimpossibleorimpracticalbyanycausebeyondthecontrolofSELLERincluding
butnotlimitedtofire,explosion,epidemics,accident,materialandsignificantbreakdown,strike
orlabordisputes,adverseweatherconditions,lossordamageinshipment,shortageorlackof
materials,fuelorpower,saleortransferofmanufacturingfacilities,embargo,actsofGod,acts
(includingdelayorfailuretoact)ofanygovernmentalauthority(dejureordefacto)oranyother
contingencyordelayorfailureorcausebeyondSELLER'scontrol.If,duetoanysuch
occurrence,SELLERisunabletosupplytotaldemandsforanygoodsspecified,SELLERmay,but
shallnotbeobligatedto,allocateproduction,inventoryanddeli veries(inanymannerfairand
reasonabletotheextentthatgoodsarenotspecialorunique)andwillnotifyBuyerreasonably
thattherewillbedelayornondelivery.
4.TAXES.AllpricesareexclusiveofanyapplicableforeignorU.S.A.federal,stateorlocalsales,
use,exciseorothertaxes,whichSELLERmayberequiredtopayorcollect,underanyexistingor
futurelaw,uponorwithrespecttothesale,delivery,storage,processing,useorconsumptionof
anyoftheproductscoveredhereby,whichshallbefortheaccountofBuyer,whoshallpromptly
paytheamountthereoftoSELLERupondemand.
5.PAYMENTTERMSANDSECURIT YINTEREST.Unlessotherwiseagreedinadvanceinwriting
bySELLER,paymenttermsare2%30days,net45days.Allpaymentsnotmadewithinsuch
timemaybesubjecttoacarryingchargeofonepercentpermonthontheunpaidbalanceorthe
highestratepermittedbyapplicablelaw,whicheveristhelesser. Untiltheentireamountdue
hereunderispaid,SELLERreservesasecurityinterestinallproductssold,withallrights,
privilegesandremediesofasellingsecuredpartyinthejurisdictiontowhichthegoodsmaybe
shippedorwithinwhichtheymaybekeptatanytime.Inpursuancethereof,Buyeragreesto
timelyexecuteanydocumentswhichSELLERmayrequestfromtimetotimeinordertogive
noticeof,perfectorotherwisegiveeffecttotheexistenceofsaidsecurityinterest.
6.FINANCIALRESPONSIBILITY.IfSellerhasanyreasonabledoubtatanytimeastoBuyer’s
financialconditionandabilitytoperform,Seller,atitsoption,may(a)declinetomakefurther
shipmentsotherthanonacashinadvancebasisoruponBuyerprovidingothersecurity
satisfactorytoSeller,or(b)terminatethisagreement.
7.RECEIVINGANDINSPECTION.AnyclaimbyBuyerbaseduponorrelatingtoanyclaimed
defectintheproductsascertainableuponvisualinspectionthereof,includingwithoutlimitation
anyclaimrelatingtosize,type,quantityorshippingdamageandtheli ke,mustbepresentedto
SELLERoritsrepresentativewithinfifteen(15)daysfollowingthedateofreceiptoftheproduct
byBuyer.Buyer'sreceiptofanyproductdeliveredhereundershallbeanunqualifiedacceptance,
andawaiverbyBuyerofanyandallsuchclaimswithrespecttosuchproductunlessBuyergives
SELLERnoticeofclaimwithinfifteen(15)daysaftersuchreceipt.Unlessotherwiseagreedin
advanceinwritingbySELLER,variationsi ntheproductsastocomposition,dimensions,quantity
andthelikeshallbepermissibleandnotcauseforBuyer'srejectionorrevocationifwithin
prevailingindustry(UnitedStatesofAmerica)standards.Buyerassumesallriskandliabilityfor
results.