Terms and Conditions

1.0
We shall sell and you shall purchase the Goods in accordance with any written quotation subject in either case to these Conditions, which shall govern the Contract to the exclusion of any other terms and conditions subject to which any quotation is accepted or purported to be accepted, or any such order is made or reported to be made by you. We may withdraw or vary any quotation at any time before we actually receive any written acceptance from you of the quotation.

1.1
No variation to these conditions shall be binding unless agreed in writing between the authorised representatives of us and of you.

2.0 Price of Goods
All prices quoted are net. Payment shall be deemed to have been made on the day our bank account is credited with value received for such payment.

2.1
You shall pay the price of the Goods within 30 days of the date of our invoice, and we shall be entitled to recover the price, notwithstanding that delivery may not have taken place and the property in the Goods has not passed to you. The time of payment of the price shall be of the essence of the Contract. Receipts of payment will be issued only upon request.

2.2
If you fail to make any payment on the due date, then, without prejudice to any other right or remedy available to us, we shall be entitled to charge you interest (both before and after any judgement) on the amount unpaid of 3% for each month or part month (42.6% APR) until payment in full is made.

3.0 Delivery
Any dates quoted for delivery of the Goods are approximate only and we shall not be liable for any delay in delivery howsoever caused. Time for delivery shall not be of the essence unless previously agreed by us in writing. Where any data is to be supplied by you or any permits or releases are to be obtained, any delivery dates presume the timely compliance by you with your obligations to supply the data or to obtain the necessary permits and releases and if you fail to do so the time for delivery shall be extended accordingly. We may deliver the Goods, in whole or in part, in advance of the quoted delivery date upon giving you reasonable notice.

4.0 Retention of Property Rights Notwithstanding delivery and the passing of risk in the Goods, or any other provision of these Conditions, the property in the Goods shall not pass to you until we have received in cash or cleared funds payment in full of the price of the Goods.

5.0 Notice of Defects
Any obvious defects, incorrect shipments and shortages not caused by transport shall be reported to us in writing immediately, and in any event not later than five days after receipt of the Goods. If a whole consignment of the Goods has not been received, such failure to deliver shall be reported to us in writing as soon as practicable and in any event not later than four weeks after the expected delivery date of the of the Goods.

5.1
If delivered by a carrier, you may only accept the Goods with externally visible damage or loss, or if internal or latent damage or loss may reasonably be expected or assumed on the basis of the extemal condition of the shipment of Goods (for example damaged packaging) where such damage or loss appears to be caused by transport if you note such damage or loss on the freight documents and such note is countersigned by the carrier. Damage or loss to the Goods caused by transport which is not externally visible shall be reported in writing to the carrier immediately after discovery of such damage or loss. In any case of damage or loss you must notify us immediately by fax or telegram giving details of loss.

6.0 Goods on Loan
The Equipment described on this document is supplied on loan entirely at the customer's own risk and will remain so until retumed to us in satisfactory condition at Tiigi 19, Tartu 50410, Estonia, or collected in satisfactory condition by one of our representatives.