LINEAR BUILDING INNOVTAIONS LIMITED t/a SELO – STANDARD PURCHASE TERMS AND CONDITIONS
This Contract is between the Buyer (as specified in the Specification Schedule) and LINEAR BUILDING INNOVTAIONS LIMITED t/a SELO (Company Number: OC364281) (the “Seller”) and whose registered office is at Selo K2, Kents Hill Business Park, Timbold Drive, Milton Keynes, MK7 6TT.
1. DEFINITIONS AND INTERPRETATION
Balance | The Purchase Price less the Deposit. |
Business Day | A day (other than a Saturday or Sunday) on which banks are open for domestic business in the City of London. |
Buyer | The company or legal entity specified as such in the Specification Schedule. |
Conditions | these standard sales terms and conditions. |
Contract | the contract between the Buyer and the Seller consisting of the Specification Schedule and these Conditions which together constitute the contract for the supply of the Goods by the Seller to the Buyer. |
Date for Payment | The date or dates for payment of Deposit or Balance as specified in the Specification Schedule as appropriate. |
Deposit | The deposit sum specified in the Specification Schedule. |
Delivery Address | The address to which the Goods shall be delivered and as specified in the Specification Schedule or subsequently agreed in writing by the Parties and if the Buyer collects the Goods from the Seller then the Delivery Address is the address from which the Buyer collects the Goods. |
Force Majeure Event | any event beyond a party’s reasonable control, which by its nature could not have been foreseen, or, if it could have been foreseen, was unavoidable, including strikes, lock-outs or other industrial disputes (whether involving its own workforce or a third party’s), failure of energy sources or transport network, acts of God, war, terrorism, riot, civil commotion, interference by civil or military authorities, national or international calamity, armed conflict, malicious damage, breakdown of plant or machinery, nuclear, chemical or biological contamination, sonic boom, explosions, collapse of building structures, fires, floods, storms, earthquakes, loss at sea, epidemics or similar events, natural disasters or extreme adverse weather conditions, or default of suppliers or subcontractors. |
Goods | any product, component, goods or other material supplied by the Seller pursuant to the Contract. |
Insolvent | If a company then when a company is deemed unable to pay its debts within the meaning of section 123 of the Insolvency Act 1986, or if an individual then when the individual is deemed either unable to pay its debts or as having no reasonable prospect of so doing, in either case, within the meaning of section 268 of the Insolvency Act 1986, or if a partnership then when the partnership has any partner to whom any of the foregoing apply; |
Parties | The Buyer and the Seller. |
Purchase Price | The sum set out in the Specification Schedule or such other sum as shall become payable by the Buyer to the Seller under the Contract in accordance with the Contract Conditions. |
Specification Schedule | The schedule identified as such completed to include dimensions and specification and the Purchase Price, including any related plans and drawings, all approved in writing by the Buyer and subsequently accepted by the Seller. |
Target Delivery Date | The date when the Seller shall endeavour to deliver the Goods to the Delivery Address, but time for delivery shall not be of the essence. |
Warranty Period | Twelve months starting from the date of delivery of the Goods. |
2. CONTRACT FORMATION AND DOCUMENTATION
3. ENTIRE AGREEMENT AND REPRESENTATION
4. CANCELLATION
5. PAYMENT
6. VAT
7. DELIVERY OF GOODS
8. QUALITY
9. RISK AND PROPERTY
10. INTELLECTUAL PROPERTY, INDEMNITIES, WARRANTIES AND LIABILITIES
11. FORCE MAJEURE
12. INSOLVENCY
13. TERMINATION
14. SEVERANCE
15. NOTICES
16. THIRD PARTY RIGHTS
17. GOVERNING LAW AND JURISDICTION