Terms and Conditions of Sale – International Market - STANDARD Machine Tools

Empower Your Production with our Customizable Machine Tools

Empower Your Production with our Customizable Machine Tools

Terms and Conditions of Sale – International Market

These Terms and Conditions govern all sales transactions between the Seller and Buyer. By placing an order or using the Seller's website, the Buyer agrees to these Terms and Conditions, including any documents incorporated by reference. This agreement constitutes the entire contract between the Seller and Buyer, superseding all previous agreements, unless expressly agreed in writing.


1. Acceptance of Terms

By placing an order, the Buyer agrees to be bound by these Terms and Conditions. The Seller will not accept any additional or conflicting terms unless agreed to in writing. The Seller reserves the right to amend these Terms without prior notice, provided such amendments do not apply retroactively to accepted orders.


2. Product Warranty

2.1 The Seller warrants that new Products will be free from material and workmanship defects for 12 months from the date of shipment unless otherwise stated in writing.

2.2 This warranty does not cover:

  • Normal wear and tear.
  • Damage caused by misuse, negligence, improper installation, or unauthorized modifications.
  • Improper operation by unqualified personnel or failure to adhere to the manufacturer's instructions.

2.3 The Buyer must provide written notice of any defect within seven (7) days of discovering the defect. The Seller may, at its discretion, repair, replace, or refund the defective Product.

2.4 The Buyer is responsible for any transportation, dismantling, or reassembly costs related to warranty claims.

2.5 Disclaimer of Warranties: All other warranties, express or implied, including implied warranties of merchantability and fitness for a particular purpose, are excluded to the extent permitted by applicable law.


3. Product Use and Operator Qualifications

The Buyer acknowledges that the Products are designed for use by qualified operators and must be operated according to the manufacturer's instructions. The Seller shall not be liable for damages, injuries, or losses caused by improper operation, misuse, or unauthorized modifications.


4. Limitation of Liability

4.1 The Seller’s liability for any claim related to the sale or use of Products is limited to the purchase price of the defective Product.

4.2 The Seller shall not be liable for indirect, incidental, or consequential damages, including but not limited to lost profits, business interruption, or personal injury, except where such liability cannot be excluded under applicable law.


5. Price Variation and Exchange Rates

5.1 Prices for imported goods are based on the ruling exchange rate at the time of quotation. Any fluctuation in exchange rates before payment may result in price adjustments.

5.2 Prices for importation and delivery costs, including freight, customs duties, and insurance, are estimates. The Buyer shall bear any increases in these costs occurring between the date of quotation and delivery.

5.3 All prices and specifications are subject to change prior to order confirmation without notice.


6. Payment Terms

6.1 Payment terms are as follows unless otherwise agreed in writing:

  • 30% upon order placement.
  • 60% prior to shipment.
  • 10% upon delivery or receipt at the port of destination.

6.2 Payment must be made within fourteen (14) days of the invoice date. Overdue payments will incur interest at 1.5% per month (18% annually) or the maximum legal rate, whichever is lower.

6.3 Partial payments may be subject to adjustments due to currency fluctuations or changes in cost factors.


7. Ownership and Risk

7.1 Ownership of the goods remains with the Seller until full payment is received, including any applicable fees and charges.

7.2 Risk of loss or damage transfers to the Buyer upon delivery to the agreed destination under the applicable Incoterms (e.g., CIF, FOB). The Buyer is responsible for insuring the goods from that point.

7.3 If the Seller repossesses goods due to non-payment, the Buyer is liable for any shortfall in value after resale and related recovery costs.


8. Delivery Terms

8.1 Delivery terms are based on the applicable Incoterms 2020, such as CIF (Cost, Insurance, and Freight) or FOB (Free on Board), as specified in the order confirmation.

8.2 Delivery dates are approximate and based on current shipping and production schedules. The Seller shall not be liable for delays caused by factors beyond its control, including but not limited to customs clearance delays or shipping disruptions.

8.3 The Seller reserves the right to consolidate shipments to optimize logistics efficiency, potentially adjusting delivery timelines.


9. Returns and Refunds

Due to the custom nature of many Products, returns are limited. Refunds may only be granted if the Product is proven defective, unsuitable, or irreparable. The Buyer must notify the Seller of any defect within seven (7) days of receipt.


10. Intellectual Property

The Seller retains all intellectual property rights in the Products, including designs, drawings, software, and trademarks. The Buyer agrees not to copy, modify, or distribute any intellectual property without prior written consent from the Seller.


11. Compliance with Export Laws

The Buyer agrees to comply with all applicable import and export control laws and regulations. The Buyer shall not resell, distribute, or export Products in violation of such laws.


12. Governing Law

Unless otherwise specified, this agreement shall be governed by the United Nations Convention on Contracts for the International Sale of Goods (CISG) and any applicable national laws.


13. Dispute Resolution

13.1 Any dispute arising out of or in connection with these Terms and Conditions shall be resolved through arbitration or litigation in a mutually agreed jurisdiction unless otherwise specified in the contract.

13.2 If arbitration is chosen, it shall be conducted under the rules of the International Chamber of Commerce (ICC) or another recognized arbitration body.


14. Force Majeure

The Seller shall not be liable for delays or failure to perform due to events beyond its control, including but not limited to natural disasters, labor disputes, acts of war, government actions, or shipping disruptions.


15. Confidentiality

Both parties agree to maintain the confidentiality of any non-public information disclosed during the course of business. Disclosure is permitted only with prior written consent or as required by law.


16. Severability

If any provision of these Terms and Conditions is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.


17. No Waiver

Failure by the Seller to enforce any provision of these Terms does not constitute a waiver of that provision or any other rights under this agreement.


18. Amendments

Any amendments to these Terms and Conditions must be made in writing and signed by both parties. Verbal agreements or modifications are not binding unless confirmed in writing.


19. Assignment

The Buyer may not assign or transfer any rights or obligations under this agreement without the prior written consent of the Seller. The Seller may assign its rights and obligations to an affiliate or successor without prior notice.

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