Terms of sale

1. Orders:

a) PH SVESIS S.A. will be called hereinafter “the Company” and any natural or legal entity that wishes to buy any product or service from the company will be called “the Buyer”.
b) By placing an order to the Company, the Buyer is deemed to have accepted the general terms of the present and all transaction terms.
c) The Company will make every effort to observe every scheduled delivery date. However, the Company will not be held responsible for any delay in the delivery that would result to a price reduction, amendment, revision or cancellation of the order by the Buyer.
d) The Buyer cannot cancel or reschedule an order without the prior written consent of PH SVESIS S.A..
e) For standardized products, PH SVESIS S.A. has the right to make mechanical alterations, as well as changes in parts or materials, provided that such changes will not affect the shape, suitability or operation of the product. For special orders and custom-made products, the Buyer is deemed to have accepted the amendments standards, for which he will be already informed about, unless he informs PH SVESIS S.A. about not accepting the product before PH SVESIS S.A. begins working on it.

2. Prices:

a) The prices included in the documentation do not comprise of any charges for insurance, transportation and storage of any product.
b) Payment with securities, such as checks, does not constitute a finalized payment until the day those securities are paid off.
c) A delay in the payment -total or partial- of the products’ value means that the Buyer will be charged with interest on arrears. In case it’s deemed necessary to bring an action or to issue a payment order to collect the amounts due, the Buyer shall bear the attorney fees and the court costs.

3. Product delivery – receipt:

a) All transports –shipments of the products will be made from the warehouses of PH SVESIS S.A..
b) Transfer of ownership of the products to the Buyer will be made only with the latter’s full payment to PH SVESIS S.A.. The ownership will remain to the Company, until the products are paid off.
c) After the delivery of the products to the Carrier, the Buyer bears responsibility for any loss or damage of the products.
d) Unless in case of a security deposit (as stated in the Limited Warranty of PH SVESIS S.A.) for any loss, damage, destruction or theft of the sold products, which might occur after the shipment from the warehouse of PH SVESIS S.A., the Company bears no responsibility to replace or repair any product lost, damaged, destroyed or stolen.
e) PH SVESIS S.A. bears no responsibility for any delays in the deliveries due to force majeure or any other reasons not related to the direct control of the Company.
g) The signature of the employee/carrier of the Buyer on the shipping documents of Paradox is accepted as proof of delivery by PH SVESIS S.A..