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General Terms and Conditions

Scope
The terms and conditions of ATEC Armaturenbau-und Technik GmbH apply exclusively for all business relationships. Deviations from these terms and conditions always require express written confirmation from us, and do not apply for other previous or subsequent cases. We do not accept any deviating purchase and order conditions from the side of Buyer.

Offer
All offers are subject to change, and are non-binding.

Dimensions, weights, drawing specifications and templates are only approximately authoritative and only binding by our express writing confirmation

Offer validity is specified individually.

Prices
All prices are net and apply ex works, Nieder-Olm; VAT at their current applicable rates, packaging, transport, installation and insurance costs shall be payable additionally.

The prices at the moment of order are applicable. With a period of more than 4 months between conclusion of the contract and agreed delivery date, ATEC Armaturenbau- und Technik GmbH shall be entitled to adapt the prices, if suppliers of ATEC Armaturenbau- und Technik GmbH have changed their prices taking effect on the order.

Obvious mistake, typing and computational errors also entitle us later to the correction.

Order acceptance
The contract shall be entered into when the client's order is confirmed in writing or if the performance has started or if the products were delivered. Verbal ancillary agreements and confirmations are invalid without ATEC Armaturenbau- und Technik GmbH's written approval.

Delivery and delivery deadlines
Delivery time is approximately and begins after all technical and financial details of the contract have been agreed upon.

If Buyer requests technical modifications after receipt of our order confirmations, the delivery period is extended adequately.

The delivery date shall be extended accordingly if failure to comply with the delivery date is the result of force majeure, industrial disputes or other events that are outside the sphere of influence of the Supplier.
In case Buyer defaults on his payments or if there are any adverse changes to the financial circumstances of Buyer - especially when Buyer files bankruptcy or voluntary bankruptcy, Seller is entitled to withhold deliveries until Buyer has either furnished securities or made payments in advance.

Payments
Payment is due net 30 days after date of invoice. We are entitled to deliver against payment in advance or against cash on delivery.

Checks are only accepted if final payment is received. All debiting cost will be charged to Buyer.

The Buyer shall be obligated to pay interest on any late payment in the amount of 3% above the base interest rate.

The Buyer is not entitled to withhold or offset any payments, unless explicitly accepted in writing by Seller or resolved by non-appealable verdict.

Intellectual property right.
The intellectual property rights in our offers, technical drawings, product information as well as the patent rights in our products shall remain our property whatever the case may be. Without our express consent, it is not allowed to copy them in whatever manner or to disclose them to third parties. The ordered is only entitled to use these internally within the limits of the contract.

Transfer of risk
Risk shall be transferred to the Buyer when the items to be delivered have left the works of the Supplier. This shall also apply in the case of partial deliveries or if the Supplier has taken over other assignments as well, e.g. the costs for delivery.

If dispatch or acceptance is delayed or not completed as a result of circumstances for which the Supplier cannot be held responsible, then the transfer of risk to the Buyer shall take place on the date of notification of readiness for dispatch or acceptance.

Reservation of proprietary rights
The Seller retains title to all goods delivered until all of Seller's present and future claims against Buyer have been settled. If Buyer processes or assembles our goods with other goods, Seller has joint owner ship rights in the goods which have been processed or assembled using our goods in proportion of the value of our goods and the sales value of the processed or assembled goods. Buyer is authorized to resell our goods only in the ordinary course of business. Buyer hereby assigns to Seller all of Buyer's claims in respect to our goods arising out of resale or any other legal grounds.

The Buyer shall maintain the products supplied in an orderly condition for the period of the retention of title and shall execute all required maintenance works or have them executed by a third party.

Acceptance
100% of our products are tested according to DIN 12266-1. Acceptance tests including certificates, which are more extensive, must be known and confirmed in detail at the time of conclusion of the contract in terms of type and scope. The costs shall be borne by the purchaser insofar as these costs are not assumed in writing by us. If the acceptance is not, not completely or not done on time by the customer, we are entitled to send the delivery without acceptance or to store it at the expense of the customer.

Warranty / Damages
Complaints regarding transport damage or lost deliveries must be immediately lodged by the Buyer with the company responsible for the transportation. Complaints about quantities or the quality of the delivered item must be reported to us no later than 8 days of receiving the delivery.

Seller may decide whether to correct the material defect or provide a defect-free replacement, provided the cause of the material defect already existed at the time of the transfer of risk. If Seller decides to correct the defect (repair), Buyer must grant appropriate time for repair after prior consultation with us. If Seller is unable to repair the goods, Buyer may - regardless of any claims for compensation - choose to withdraw from the contract, or reduce the purchase price.

Buyer carries full burden of proof for any claims, especially for the defect itself, for the time of defect recognition, and the timely notification of defects. If the notification of defects is unjustified, Seller is entitled to claim compensation from Buyer for his expenses. If Buyer or third persons perform improper changes or repairs, these and the consequences arising from them are exempt from warranty.

All liability claims lapse after 24 months. With intentional breach of duties or gross negligence, injury to life, health and body as well as with claims according to the product liability laws, the statutory periods apply.

Claims by Buyer concerning expenses due to repairs, especially costs for transportation, mileage, labor and materials, are rejected.

Other rights of the buyer / of the supplier
The Supplier is entitled to withdraw from the contract if the fulfilment of the contract becomes impossible for the Supplier for reasons for which they are not responsible or if events unforeseen at the time of the conclusion of contract fundamentally change the contractual relationship such that being held to the contract would be unreasonable.

If the Supplier intends to assert this right to withdrawal, the Supplier must notify the Buyer.

In this case, the Supplier can demand compensation from the Buyer for all necessary expenses incurred for the fulfilment of the contract, unless the items produced according to contract can be used for other purposes.

Technical consultation
The Supplier is obligated to obtain the Buyer's approval prior to making documentation identified as confidential by the Buyer available to third parties.

The Supplier shall retain the title and copyright to cost estimates, drawings and other documentation; they may not be made accessible to third parties unless the Supplier has expressly agreed.

For specifications of weights and dimensions in technical documentation (figures, drawings), the tolerances that are customary for the industry shall apply.

Data protection
We point to the fact that the customer data collected in connection with the fulfillment of the contract are processed in accordance with the legal privacy regulations.

Place of jurisdiction and applicable low
Place of jurisdiction is Nieder-Olm, Germany. We reserve the right to bring a suit against Buyer wherever Buyer is subject to jurisdiction. All rights and obligations are exclusively governed by the legislation in force in the Federal Republic of Germany.