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The sale of goods described on the face side hereof ("Goods") is
made on the express condition that Buyer assents to the promises,
terms, and conditions set forth below, whether or not they are additional
to or different from any terms and conditions proposed by Buyer.
Lawrence R. McCoy & Co., Inc. ("McCoy") objects to Buyer's additional
or different terms.
1. Deliveries. The Goods will be
delivered FOB place of shipment. Unless otherwise specified on Buyer's
order, shipment may be made by the method or carrier deemed most
feasible by McCoy. Freight allowances, if any, are based on rates
prevailing on the date of price quotation; Buyer shall pay increases
due upon due date for payments of Goods.
2. Risk of Loss. After delivery
of the Goods to the carrier, and in other circumstances as provided
by law, Buyer shall bear all risks of loss, whether or not the products
so delivered are conforming or non-conforming, whether or not a
right of rejection exists in Buyer's favor, and whether or not Buyer
rightfully revokes acceptance. The occurrence of any such risk shall
not release Buyer from its obligations hereunder.
3. Warranties and Exclusion of Warranties.
THIS WARRANTY IS IN LIEU OF ALL OTHER WARRANTIES, EXPRESS OR IMPLIED.
THERE IS NO WARRANTY WITH RESPECT TO NONINFRINGEMENT OF THE PATENT
RIGHTS OF OTHERS. THERE IS NO IMPLIED WARRANTY OF MERCHANTABILITY
OR FITNESS FOR USE.
4. Credit. Any credit is subject
to final approval by an authorized officer of McCoy at its main
office.
5. Payment Terms. Payment is due
ten days after the date of invoice, unless otherwise stated on the
other side.
6. Service Charge. Buyer agrees to
pay a service charge of the greater of 1 1/2% per month or such
amount as is generally charged by McCoy to its customers. However,
Buyer is not obligated in excess of the maximum allowed by applicable
law on all unpaid amounts after due date.
7. Modification. No modification
of any promise, term or condition of sale shall be of any force
or effect unless signed by an officer of McCoy.
8. Claims of Buyer. As a condition
precedent to recovery of any claim of any kind, Buyer must comply
with the following. All claims of any kind, except nonreceipt, must
be made to McCoy within thirty days after receipt of shipment. Claims
for nonreceipt must be made in writing delivered to McCoy within
thirty days after receipt of an invoice. McCoy's liability for breach
of warranty or contract shall arise only upon prompt return of the
products claimed to be defective at Buyer's expense and after due
notice to McCoy of the claimed breach, as set forth in this paragraph
8.
9. Buyer's Exclusive Remedies; Exclusion
of Remedies. Any claim for nonreceipt of all or part of Buyer's
order or any other claim of any kind except breach of warranty shall
be limited to the purchase price of the goods affected, as shown
on the reverse side hereof. McCoy's liability for breach of warranty
shall be limited to the furnishing of a like quantity of the same
products free from defects, or at McCoy's option, to the refunding
of the purchase price of the defective product. The foregoing shall
constitute the Buyer's exclusive remedies. MCCOY IS NOT LIABLE FOR
INCIDENTAL OR CONSEQUENTIAL DAMAGES WHETHER OR NOT ANY OTHER OF
BUYER'S REMEDIES FAIL OF THEIR ESSENTIAL PURPOSES. BUYER WAIVES
ALL RIGHT OF OFFSET FOR ANY ALLEGED OBLIGATION OF MCCOY NOT ARISING
FROM THIS DOCUMENT IN THIS TRANSACTION. BUYER WAIVES AND AGREES
NOT TO SUE UPON, AND RELEASES MCCOY FROM, ANY AND ALL LIABILITIES
FOR MCCOY'S BREACH OF CONTRACT AND BREACH OF WARRANTY (EXCEPT AS
EXPRESSLY SET FORTH HEREIN), NEGLIGENCE, STRICT LIABILITY IN TORT,
AND/OR OTHER TORT. THE WAIVER, AGREEMENT AND RELEASE IN THE FOREGOING
SENTENCE IS BINDING UPON BUYER'S SUCCESSORS IN TITLE AND ASSIGNS.
10. Risk of McCoy's Nonperformance.
The following shall be hereinafter known as "Nonliability Events":
action by governmental authority, public enemy, insurrection, rebellion,
or riot; fire; explosion; flood; severe weather conditions; accidents;
labor trouble or strikes; shortage of inventory, raw material, power
or fuel; default or difficulties with McCoy's suppliersdifficulties
with equipment or transportation; or acts of God or any other cause
or events beyond McCoy's control. In the event of delays in delivery
or nondelivery of the Goods which, directly or indirectly, were
caused by a Nonliability Event or to which a Nonliability Event
contributed, McCoy shall not be liable for damages, whether direct,
incidental or consequential, and (a) the time for performance shall,
at McCoy's option, be extended in whole or in part until the termination
of the Nonliability Event and for an additional period thereafter
reasonably necessary to cure the effects thereof, or (b) at McCoy's
option, a part or all of the Goods affected may be eliminated from
the contract of sale, without any liability to McCoy; and the contract
price shall be appropriately reduced.
11. Taxes and Other Additional Charges.
In addition to the price for the Goods, Buyer will pay McCoy the
amount of any excise, sales, use, or similar tax relating to the
Goods or their sale, and any freight (unless there is an express
freight allowance) stop-over charge, lot loading charge, demurrage
charges or the like relating to the transportation or storage of
the Goods, which McCoy is legally obliged to pay, within ten days
after the date of an invoice for the charge.
12. Assignment. The contract for
sale of the Goods is not assignable in whole or in part by buyer
without the written approval of McCoy, and any attempted assignment
shall be void.
13. Inspection. Buyer has no right
of inspection; inspection shall not be a condition to Buyer's duty
to pay or to any other duty.
14. No Sales "on Approval" or "Sale or Return".
No sale is made on approval or under a sale or return. McCoy may,
however, at its option, allow a return. Any such return shall be
at Buyer's sole risk and expense; return shall be effected only
upon actual delivery to McCoy or as otherwise instructed by it in
writing. No credit, whether by refund on monies paid or by allowance
against monies due, shall be given until such actual receipt by
McCoy of return products in the same condition as they were when
delivered to the carrier by McCoy for original shipment to Buyer.
15. Governing Law. The contract for
sale of the Goods shall be governed by the laws of the Commonwealth
of Massachusetts.
16. McCoy's Non-Exclusive Remedies.
Upon any breach by Buyer of any promise, term, and/or condition
contained herein, including, but not limited to, the nonpayment
by Buyer of any amount due hereunder, or if McCoy deems itself insecure,
McCoy may, at its option, and without prejudice to or limitation
of any other legal remedy hereunder, by law, or otherwise, resort
to one or more of the following remedies: (a) Suspend further deliveries,
even though partial payment for undelivered Goods has been received.
(b) Demand adequate assurance of due performance, including, but
not limited to, the delivery to McCoy of a third-party bond satisfactory
to McCoy. (c) Identify to the contract finished or unfinished Goods
at Buyer's sole risk of loss, which will then immediately pass to
the Buyer. (d) Declare the unpaid balance of the contract immediately
due and payable. (e) Collect from Buyer all costs of collection,
including, but not limited to reasonable attorney's fees, incurred
in enforcing any right or remedy hereunder or in law, pertaining
in whole or in part to the Goods. (f) Repossess and/or reclaim the
Goods or any part thereof. Buyer hereby agrees, upon demand, to
assemble the Goods or any part thereof to McCoy, at Buyer's expense,
all in accordance with McCoy's instructions. Buyer hereby grants
McCoy a security interest in the Goods and any and all proceeds
thereof and accessions thereto to secure all of Buyer's obligations
hereunder under this or any other agreement. Buyer hereby irrevocably
appoints McCoy as the Buyer's lawful attorney-in-fact to execute
and file all documents necessary or desirable to effectuate the
purpose of this paragraph, including but not limited to, appropriate
financing statements. A photostatic copy of this document may be
files as a financing statement.
17. Integration Clause. This document
constitutes the entire agreement of the parties as to the subject
matter hereof.
18. No Guarantee of Treated Lumber.
Unless expressly agreed on the other side using a specific reference
to treated lumber, McCoy does not warrant that treated lumber contains
any particular amount of treatment material, nor that treated lumber
will be suitable for installation on or below ground, nor that treated
lumber conforms to the rules of any association or usage for trade.
Such warranties are available at an appropriate price increase.
19. Lumber Grades. Lumber grades
shall be determined by the rules of applicable trade associations
(National Hardwood Lumber Association for hardwoods and cypress)
or, in the absence of such rules, on procedures which are customary
in the industry and on other trade customs. In case of conflict
among trade associations, the rules of the trade association of
which the Seller is a member, or which is relied upon by Seller
in the ordinary course of business, shall control.
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