Indemnity – The buyer shall indemnify the company against all damages/losses/penalties/costs/fees/charges/levies/expenses/claims/compensations etc in any manner whatsoever concerned to which company may become liable as a result of work done in accordance with the buyer's specification which involves the infringement of any letter of registered design/Trademark/Patents. Buyer shall further indemnify the company and shall be liable to pay an amount equivalent to the amount of material/goods mentioned in the identify Tax Invoice as liquidated damages on demand by the company for breach of any of these terms and for violation of any of the trade principles in accordance with natural justice.
Warranty - No warranty expressed/implied/is given as the life of wear of the goods supplied/or that they will be suitable for any particular purpose or for use under any specified conditions not withstanding that such purpose or conditions may be know to the company.
Jurisdiction – All contracts between the buyers and the company are deemed to be entered into at Surat and therefore are subject to the jurisdiction of courts at Surat.
General – Any order placed on us against this quotation implies that you have read and accepted the above terms and conditions. At the time of placement of order, the buyer is requested to furnish full details such as alloy & temper/chemical composition, physical properties, necessary drawing, sample component and end use for our suitable selection of raw material and process.
Terms and Conditions for Developing New Dies – General
New dies can be developed against security for New Die (SND) to be deposited by the customer.
The amount of (Security for New Die0 SND will vary depending on the type of profiles and whether the die has to be kept exclusive to the buyer. The exact SND will be informed while submitting the offer.
The SND would be refunded to the buyer if the stipulated minimum quantity of extrusions is bought within a stipulated period. If the minimum stipulated quantity is not taken within the stipulated period, the SND would be forfeited.
The minimum first lot supply for any new die is 250/500/1000 kg, depending on the profile.
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