Standard
Terms and Conditions
1.
Definitions
1.1 “Buyer” means the person who buys or agrees
to buy the goods from the Seller described as “the Buyer”
in the Seller’s Quotation.
1.2 “Conditions” means the terms and conditions
of sale set out in this document and any special terms and conditions
agreed in writing by the Seller.
1.3 “Delivery Date” means the date specified in
the Quotation by the Seller when the goods are to be delivered.
1.4 “Due Date” means the date specified by the Seller
for payment of Price.
1.5 “Goods” means the goods which the Buyer agrees
to buy from the Seller which is described in the Seller’s
Quotation.
1.6 “Price” means the price for the Goods as reflected
in the Seller’s Quotation.
1.7 “Seller” means Xali Pte Ltd of 66 Tannery Lane
#01-02C Sindo Building Singapore 347805.
2.1 These Conditions shall apply to all contracts for the sale
of Goods by the Seller to the Buyer to the exclusion of all
other terms and conditions including any terms or conditions
which the Buyer may purport to apply under any purchase order
confirmation of order or similar document.
2.2 By signing the Seller’s Quotation, the Buyer is deemed
to have agreed to purchase the Goods at the Price pursuant to
these Conditions. In absence thereof, acceptance of delivery
of the Goods shall be deemed conclusive evidence of the Buyer’s
acceptance of these Conditions.
2.3 Any variation to these Conditions (including any special
terms and conditions agreed between the parties) shall be inapplicable
unless agreed in writing by the Seller.
3.1 The price shall exclude carriage and insurance. The Price
is inclusive of GST which shall be due at the rate ruling on
the Delivery Date. The price is Seller’s ex works prices
and where the Seller agrees to arrange for the Goods to be sent
to the Buyer the Buyer shall be responsible for the costs of
loading carriage insurance and unloading.
3.2 Payment of the Price shall made by the mode stated and within
the time stipulated in the Seller’s Quotation. Time shall
be of the essence.
3.3 Interest on overdue Price shall accrue from the date when
payment becomes due from day to day until the date of payment
at a rate of 2% per month and shall accrue from the day after
Due Date up to date of payment.
3.4 If payment is by way of letters of credit, the Buyer shall
within 14 days open an irrevocable letter of credit with a bank
to be confirmed in favor of Development Bank Limited payable
on sight against production of a commercial invoice for the
Goods and a clean on board bill of lading or air waybill (as
the case maybe) for the Goods. If the Buyer fail to open the
letters of credit within the time stipulated, the Seller is
at liberty (but not obliged) to treat the contract of sale as
repudiated but without prejudice to the Seller’s rights
against the Buyer for its wrongful repudiation of the contract
of sale.
3.5 The Buyer may not withhold payment of any amount due to
the Seller by reason of any right of set off or counterclaim
which the Buyer may have or allege to have or for any reason
whatsoever.
3.6 If the Buyer fails to make any payment on the Due Date then
without prejudice to any of the Seller’s other rights
the Seller may (1) suspend or cancel deliveries of any of the
Goods due to the Buyer; and/ or (2) appropriate any payment
made by the Buyer to such of the Goods (or Goods supplied under
any other contract with the Buyer) as the Seller may in its
sole discretion think fit.
4.1 The quantity and description of the Goods shall be as set
out in the Seller’s Quotation. The Buyer acknowledges
that the Goods sold are products of nature, which is subject
to deviation in colour, texture and composition.
4.2 The Goods shall be marked in accordance with the Buyer’s
instructions (if any) and properly packed and secured for delivery
to the Buyer in an undamaged condition, in such manner as the
Seller deem fit.
5.
Warranties and liability
The Seller warrants that the Goods will at the time of delivery
correspond to the description given by the Seller. Except where
the Buyer is dealing as a consumer, all other warranties, conditions
or terms relating to fitness for purpose, merchantability or
condition of the Goods and whether implied by statute or common
law or otherwise are excluded.
6.1 Delivery of the Goods shall be made to the address stated
in the Quotation on the Delivery Date. The Buyer shall make
all arrangements necessary to take delivery of the Goods whenever
they are tendered for delivery.
6.2 The Buyer shall promptly obtained all necessary import licenses,
clearance and other consents necessary for the purchase and
delivery of the Goods. The Seller shall promptly upon request
supply all documents reasonably required by the Buyer for this
purpose.
6.3 The Seller may deliver the Goods by separate instalments.
Each separate instalment shall be invoiced and paid for in accordance
with the provisions in this contract of sale.
7.
Acceptance of the Goods
The Buyer shall be deemed to have a reasonable opportunity of
inspecting the Goods after seven (7) days from the delivery
of the Goods. Upon the Buyer having deemed to have the opportunity
to inspect the Goods, the Buyer will also be deemed to have
notice of any defects rendering the Goods not in accordance
with the contract and to have accepted the Goods so delivered.
8.1 Risk shall pass to the Buyer on delivery of the Goods.
8.2 Inspite of the delivery having been made, property in the
Goods shall not pass from the Seller until the Buyer has paid
the Price and no other sums whatsoever shall be due from the
Buyer to the Seller.
8.3 Until property in the Goods passes to the Buyer in accordance
with clause 8.2 the Buyer shall hold the Goods and each of them
on a fiduciary basis as bailee for the Seller. The Buyer shall
store the Goods (at no cost to the Seller) separately from all
other goods in its possession and marked in such a way that
they are clearly identified as the Seller’s property.
8.4 Notwithstanding that the Goods (or any of them) remain the
property of the Seller the Buyer may sell or use the Goods in
the ordinary course of the Buyer’s business at full market
value for the account of the Seller. Any such sale or dealings.
Until property in the Goods passes from the Seller the entire
proceeds of sale or otherwise of the Goods shall be held in
trust for the Seller and shall not be mixed with other money
or paid into any overdrawn bank account and shall be at all
material times identified as the Seller’s money.
8.5 The Seller shall be entitled to recover the Price notwithstanding
that property in any of the Goods has not passed from the Seller.
8.6 Until such time as property in the Goods passes from the
Seller the Buyer shall upon request deliver up such of the Goods
as have not ceased to be in existence or resold to the Seller.
If the Buyer fails to do so the Seller may enter upon any premises
owned occupied or controlled by the Buyer where the Goods are
situated and repossess the Goods. On the making of such request
the rights of the Buyer under clause 8.4 shall cease.
8.7 The Buyer shall not pledge or in any way charge by way of
security for any indebtedness any of the Goods which are the
property of the Seller. Without prejudice to the other rights
of the Seller, if the Buyer does so all sums whatever owing
by the Buyer to the Seller shall forthwith become due and payable.
9.1 Where the Buyer rejects any Goods then the Buyer shall have
no further rights whatever in respect of the supply to the Buyer
of such goods or the failure by the Seller to supply Goods which
conform to the contract of sale.
9.2 Where the Buyer accepts or has been deemed to have accepted
any Goods then the Seller shall have no liability whatever to
the Buyer in respect of those Goods.
9.3 The Seller shall not be liable to the Buyer for late delivery
or short delivery of the Goods. The Seller shall be under no
liability whatsoever to the Buyer for any indirect loss and
expense (including loss of profits) suffered by the Buyer as
a result of a breach by the Seller of the contract of sale.
9.4 Neither party shall be liable for any default due to any
act of God, war, strike, lockout, industrial action, fire, flood,
drought, tempest or other event beyond the reasonable control
of the parties.
9.5 The Seller may cancel the contract for sale at any time
before the Delivery Date by giving a written notice to the Buyer.
On giving such notice, the Seller shall promptly repay to the
Buyer any sums paid in respect of the Price. The Seller shall
not be liable for any loss or damage whatever arising from such
cancellation.
9.6 This contract is subject to the law of Singapore and both
the Buyer and the Seller submits irrevocably to the jurisdiction
of the courts of Singapore. The Buyer and Seller irrevocably
agree that proceedings issued out of the said court may without
prejudice to the rules of service of such courts be served on
them by delivering such proceedings in an envelope addressed
to the party to be served at the address for such party set
out in the contract of sale.
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