General Terms of Delivery

General

All our contractual relations with you shall be governed exclusively by the following terms and conditions unless otherwise agreed in writing. For this reason we do not recognize any conflicting or divergent terms and conditions of business, even if we have not expressly objected to such terms and conditions in any particular case and have rendered a service on your behalf without reservation.

Orders, partial deliveries and changes

Shipment, packaging and documentation

Individual agreements shall be reached with respect to packaging, freight, transportation and shipment costs. This shall also apply to documentation ( technical specifications, material certificates etc.).

Payment, setoff

Inspection of nonconformities, warranty

Liability

Retention of title and other protection

Our products are supplied subject to our rights of retention, which are hereby expanded upon and extended according to the following provisions:

a) The items delivered shall remain our property until such time as all the claims arising out of the relationship have been settled. The extended right of retentation shall remain in force even if the individual amounts owed are included in a current account or if the balance is drawn upon and recognized.

b) If the product is combined with other parts not supplied by us, we shall assume co-ownership ( in the new product ) in accordance with the statutory regulations. Should we not assume co-ownership in this way, you hereby agree to transfer co-ownership to us in the amount of the invoice value of the product supplied as a percentage of the value of the new product at the time of processing. The product under co-owndership shall fall under the right of retention provisions included herein.

c) If the product in which we reserve the right of disposal is resold, you hereby agree to transfer to us your claim to the proceeds of the sale in the amount corresponding to the value of the processed cosignment.

General