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Price list 2012 - Priorit

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20<br />

General terms and conditions of trade (GTCT) applied<br />

for business among enterprises<br />

(Note: This is a translation of the German version. In cases of<br />

uncertainty or contradict the German version shall prevail.)<br />

§ 1.0 Guideline<br />

§ 1.1 All services of PRIORIT as well as offers, acknowledgements<br />

of orders and invoices base on these sales conditions.<br />

Exclusion of their validity in whole or in part can only<br />

be excluded by express agreements at each single business<br />

transaction.<br />

§ 1.2 General terms and conditions of trade (GTCT)<br />

Especially purchase conditions of the Orderer have no application<br />

to deliveries and services of PRIORIT unless PRIORIT<br />

accepted them in writing. You also cannot obligate <strong>Priorit</strong>, if<br />

<strong>Priorit</strong> hasn’t contradicted expressly to those conditions. Does<br />

the Orderer not revoke to these conditions in a period of one<br />

working week after signing a contract, so he accepted them<br />

at full and absolute amount. Acceptance of deliveries and<br />

services of PRIORIT include acceptance of trade conditions<br />

of PRIORIT without any reservations and resignation of own<br />

formularised conditions (Orderer). The same applies to first<br />

instalment and first payment by the Orderer.<br />

§ 2.0 Definitions<br />

In sense of these sales conditions seller, service provider,<br />

assembler and so on is always PRIORIT and “Orderer” is the<br />

buyer or receiver of services.<br />

“Goods” are always subject of the contract which are delivered<br />

by PRIORIT to the Orderer or earmarked for collection by him.<br />

“Manufacturing” resp. in view of “manufactured” goods is always<br />

meant the intermixture, manufacturing or joining of the<br />

good with another movable or unmoveable item.<br />

“New goods” are always goods originate anew by manufacturing<br />

with another movable or unmoveable item.<br />

§ 3.0 General<br />

§ 3.1 All offers are free unless otherwise agreed. Orders<br />

concerning their kind and volume of deliveries are only binding<br />

to PRIORIT at confirmation by PRIORIT. The obligation<br />

to delivery comes up by written confirmation of order acceptance,<br />

excluding the implied confirmation of order by immediately<br />

delivery. The acknowledgements of PRIORIT are also<br />

binding without signature. Alterations and supplements of<br />

contracts need a written form in any case.<br />

§ 3.2 Reasonable technical and constructional deviations<br />

in brochures, catalogue, advertisings, index and written documents<br />

as well as model, constructions and material alterations<br />

for the technical progress and other development are<br />

reserved. No rights are able to deduce from that alterations<br />

against PRIORIT.<br />

§ 3.3 The right of expecting partial deliveries and their<br />

invoicing is expressively reserved by PRIORIT.<br />

§ 4.0 <strong>Price</strong>s<br />

§ 4.1 <strong>Price</strong>s given in PRIORITs’ current price <strong>list</strong> are net<br />

and ex works or ex warehouse and are only valid for asked<br />

volume. <strong>Price</strong>s mentioned at singing of a contract are valid for<br />

a period of 4 months, after that period current prices are valid.<br />

§ 4.2 For deliveries intra-community PRIORIT invoices<br />

without VAT, in the case that the Value Added Tax Identification<br />

Number (VAT ID) of the Orderer was given in advance. Deliveries<br />

inside Germany are invoiced according to law prescribed<br />

amount. Indications of prices in the current price <strong>list</strong>s are excluded<br />

VAT.<br />

§ 4.3 The prices are always ex works; freight, packaging<br />

and insurance extra. <strong>Priorit</strong> package under observation of individual<br />

technical and constructional characteristics of goods.<br />

§ 5.0 Payment conditions<br />

§ 5.1 Payments with release action should be transferred<br />

direct to PRIORIT. Representatives have no authority to collect.<br />

§ 5.2 The invoices for goods as well as for services are<br />

payable immediately and without deduction. Variant agreements<br />

need a writing form.<br />

§ 5.3 In the case of delay in payment <strong>Priorit</strong> invoices 8 %<br />

p.a. default interests of invoice value which are higher compared<br />

to the current valid base rate of the European Central<br />

Banc. The right for assertion of a damage going further stay<br />

unaffected. Should an Orderer come into delay in payment<br />

with one of the invoices, all other outstanding accounts of <strong>Priorit</strong><br />

have to be paid immediately.<br />

§ 5.4 PRIORIT is entitled to charge Orderers’ payment to<br />

begin with older commitments. Are there costs and interests<br />

accrued in the past, then <strong>Priorit</strong> is entitled to account on payment<br />

first to the cost, continue with interest and at last on the<br />

main payment.<br />

The settlement of agreed partial payment is at first possible<br />

with service costs, then with equipment and at last with articles.<br />

§ 5.5 The Orderer have the right of set-off, only when his<br />

counterclaims are ascertained as legally valid or indisputable.<br />

The Orderer is legitimated to claim for the right of retention<br />

insofar his counterclaim base on the same contractual relationship.<br />

PRIORIT reserves the right to reject suitable currency<br />

of accepted bill of exchange and claiming on immediate payment<br />

without indication of reasons.<br />

§ 5.6 When after signing of a contract troubles concerning<br />

low credit-worthiness of the client come out, so PRIORIT<br />

is entitled to withdraw from the contract in whole or in part, as<br />

long as the Orderer does not clarify of adequate safety bonds.<br />

§ 6.0 Service resp. assembling<br />

§ 6.1 For services resp. assembling of build-in/build-up<br />

systems, assembling or build-up of door/partition wall systems<br />

and distribution cabinets as well as for each kind of<br />

assembling work, PRIORIT invoices in accordance with corresponding<br />

confirmation of order either flat or at costs (assembling<br />

and technician hours).<br />

§ 6.2 The Orderer has to guarantee entrance to arranged<br />

assembling places as well as free ways to them. The Orderer<br />

has to bear costs caused by assembly losses due to a difficult<br />

or impossible entrance – for whatever reason.<br />

§ 6.3 Seminars, trainings and speeches arranged for and<br />

by PRIORIT are invoiced either flat or at costs.<br />

§ 7.0 Reservation of proprietary rights<br />

§ 7.1 Delivered goods remain property of PRIORIT until<br />

all of the Orderer’s accounts resulting from the business relationship<br />

with him have been settled.<br />

§ 7.2 Pledge of goods or chattel mortgage by the Orderer<br />

while remaining of property is forbidden. A resale is only allowed<br />

to resellers in ordinary transaction and under condition<br />

that the equivalent value of delivered goods is paid to the Orderer.<br />

The Orderer has to arrange with his customer that he<br />

acquires property only by payment.<br />

§ 7.3 It is allowed to the Orderer to process the goods<br />

with other movable or unmoveable items. Processing of<br />

goods is made for PRIORIT and new goods developed by processing<br />

are coffered by the Orderer with an attention of an<br />

ordinary merchant.<br />

Processing of the goods with items non-belonging to PRIO-<br />

RIT, PRIORIT obtains co-property on new goods at an amount<br />

equal to the value of used goods compared to the value of<br />

other processed items while processing. The Orderer and<br />

PRIORIT are in agreement about obtaining co-property by<br />

PRIORIT on new goods at an amount equal to the value of<br />

used goods compared to the value of other processed items<br />

while processing provided that the Orderer acquired property.<br />

§ 7.4 In the case of disposal of goods or of new goods the<br />

Orderer assigns any claims resulting from the resale against<br />

the customer with all secondary rights to PRIORIT, without<br />

any further explications. The abandonment includes any balance<br />

requirements that may arise. However, the abandonment<br />

is only valid at an amount which corresponds with the<br />

price of delivered goods indicated in the invoice of PRIORIT.<br />

The assigned receivables to <strong>Priorit</strong> have to be settled priority.<br />

§ 7.5 Does the Orderer combine goods or new goods with<br />

premises or moveable items, then, without any further explications,<br />

he assigns receivables which belonging to him for the<br />

connection and all secondary rights to PRIORIT at an amount<br />

equal to the value of the goods resp. the new goods compared<br />

to the value of other used items while combination.<br />

§ 7.6 The Orderer is authorised for collection of assigned<br />

accounts mentioned in § 7 (Reserved Property) - until withdrawal.<br />

The Orderer will immediately pass payment of assigned<br />

accounts at an amount of assured debts through to PRI-<br />

ORIT. PRIORIT is entitled to countermand Orderer’s collecting<br />

authorisation in the case of an important reason especially at<br />

delay in payment, stoppage of payment, initiation of insolvency<br />

proceedings, protest of a bill, valid clues for overextension or<br />

threat of Orderer’s bankruptcy. Furthermore, PRIORIT is able<br />

to reveal assignments of security, to commercialise assigned<br />

receivables as well as to claim that assignments of security<br />

will be revealed by the Orderer to his customers after previously<br />

threaten and observed a suitable period of time.<br />

§ 7.7 To show probably cause of a legitimate interest<br />

the Orderer has to furnish particulars and deliver necessary<br />

documents to PRIORIT to assert his rights against his customers.<br />

§ 7.8 The Orderer has to inform PRIORIT immediately<br />

about distraints, confiscation or any regulations by third parties.<br />

§ 7.9 PRIORIT will release a corresponding part of rights<br />

of security due to Orderer’s demand as far as the realised<br />

values of all rights of security due to PRIORIT, exceeds the<br />

amount of all assured claims above 10 %. However, PRIORIT<br />

has a choice between different rights of security for release.<br />

§ 7.10 PRIORIT is entitled to claim on return of goods resp.<br />

new goods and/or withdrawal from contract also without fixing<br />

of a deadline at breach of duty by the Orderer especially<br />

at delay in payment. The Orderer is obliged to return goods<br />

immediately. There isn’t a letter of resignation of PRIORIT at<br />

a call for return of goods or new goods, unless it is expressly<br />

declared.<br />

§ 8.0 Delivery<br />

§ 8.1 The risk of a loss by accident or a random change<br />

for the worse of the goods delivered on demand of the Orderer<br />

to him or to a third party is transferred to the Orderer with delivery<br />

but with leaving PRIORIT at the latest. This is valid with<br />

no matter whether the delivery of goods goes from the place<br />

of delivery or who pays the freight costs.<br />

§ 8.2 Delivery times indicated by PRIORIT are approximately<br />

and non-binding, unless they were expressly arranged<br />

as binding.<br />

§ 8. 3 The delivery date is fulfilled when the purchased<br />

items have left the plant on the mentioned delivery date or the<br />

readiness for dispatch was communicated to the Orderer.<br />

§ 8. 4 Correct and on time self-supply remain expressly<br />

reserved. At unforeseen obstacles beyond PRIORIT’s will and<br />

reach the time for delivery extends accordingly. It does not<br />

make sense where these obstacles happening at the plant<br />

of PRIORIT or at the respective subsupplier (e.g. breakdown,<br />

delays in delivery of essential raw materials, shortage of raw<br />

materials etc., also especially at acts of nature, state measures,<br />

non-granting of a concession, labour disputes of all kinds<br />

for e.g. commotion, industrial action as well as sabotage). The<br />

same applies to unforeseen obstacles happening while an already<br />

existed delay. In such cases the final deadline set by the<br />

Orderer extends according to the duration of the unforeseen<br />

obstacle.<br />

§ 8.5 When the Orderer refuses delivery of goods (default<br />

in acceptance), <strong>Priorit</strong> is entitled to set a final deadline<br />

of 14 days and to insist on fulfilment of contract or to claim<br />

for damages in the amount of 25 % of the purchase price.<br />

Nevertheless, <strong>Priorit</strong> is at liberty to claim for higher damages<br />

at corresponding evidence. The pre-mentioned amount<br />

of damage is out of question, if the Orderer can prove that in<br />

this concrete case a smaller damage was accrued to PRIORIT.<br />

This claim is a damage arranged by contract, it isn’t a penalty.<br />

The Orderer bears the risk of a loss by accident for the period<br />

of time between an arranged and an actually delivery date.<br />

§ 9.0 Liability<br />

§ 9.1 According to legal regulations PRIORIT is liable<br />

for cases of intent or gross carelessness by PRIORIT or representatives<br />

or subcontractors. Apart from that, PRIORIT is<br />

only liable according to product liability law, owing to injury of<br />

live, body or health or owing to culpable breach of essential<br />

contractual right. However, a claim for damages for breach of<br />

essential contractual rights is limited for a characteristic to<br />

the contract and predictable damage. When there aren’t any<br />

of the exceptional cases mentioned above, liability by PRIORIT<br />

in cases of gross carelessness is limited for a damage charac-

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