AG MINI - Page 34

AG Mini Operation Manual
AR / 25.07.23 / Version 1 31
Listed prices and delivery charges do not include VAT or any other tax or levy on the supply
of goods, which will be an additional charge to the Customer.
Payment Terms
Unless otherwise agreed in writing at the time of ordering, payment terms will be strictly in
line with the published Marketing Strategy current at that time. If payment is not made by
the due date, the Company shall be entitled to charge interest on the outstanding amount
at 4% above the current Bank Base Rate, accruing daily.
Late payment of special nett or early payment invoices may incur a single surcharge of 5%
by way of loss of discount.
Delivery
Delivery of machines will be scheduled depending upon Company transport, but every
attempt will be made to meet the customer’s requirements. Delivery dates specified
verbally or in writing are approximate only.
The method of transport required for the delivery of spare parts must be specified at the
time of ordering. The Company accepts no liability for delay in delivery or the
consequences of any such delay howsoever caused.
The Customer must notify the Company immediately upon receipt of the goods of any
damage, shortage, or errors in delivery. Non-receipt of goods must be notified within 7 days
of receipt of invoice unless the invoice specifically refers to an early payment scheme. The
responsibility for the goods will pass to the Customer from the time of delivery.
Title
All goods remain the property of the Company until the Customer has paid in full the whole
of the contract price. While the goods remain the property of the Company, the Customer
shall keep them in good condition and insure them against damage or theft. They shall be
returned to the Company upon demand. Any proceeds from an insurance claim in this
connection shall belong to the Company for whom the Customer shall hold the same in
trust. The Customer is prohibited from creating any mortgage, charge, lien or other
encumbrance adverse to the title of the Company.
The Customer will keep the Company’s goods separately identifiable and if the goods are
resold, the Customer will have the fiduciary duty to account to the Company for the pro-
ceeds of the sale.