Terms and Conditions - SpecBond, Inc.

  1. By acceptance hereof Buyer agrees to the terms and conditions of sale set forth herein and further agrees that the same shall supersede the terms and conditions of the Buyer's purchase order, if any, in all instances where conflict exists.
  2. If any terms or conditions hereof shall be invalid or unenforceable, all other terms and conditions hereof shall remain enforceable in accordance with their terms.
  3. No modification hereof will be binding on the SpecBond unless in writing and signed by an officer of the SpecBond. A waiver by the SpecBond of any of the terms and conditions of this contract shall not be deemed to be a continuing waiver but shall apply solely to the instance to which the waiver is directed.
  4. Orders for goods to be made specially for the Buyer and not customarily carried in stock by the SpecBond can be cancelled by the Buyer only to the extent of the portion not already manufactured or in process of manufacture at the time of cancellation, and the price applicable to the portion manufactured or in process of manufacture will be the SpecBond's regular scheduled price therefore in effect at the time of cancellation.
  5. If requested in writing by the SpecBond, the Buyer shall be obliged to furnish any and all blueprints, details, diagrams or other information required by the SpecBond in its absolute direction to execute processing of the order. In the event Buyer fails to furnish the requested information, SpecBond may cancel or delay the order upon notice in writing to the Buyer.
  6. SpecBond will not be liable for the non-delivery of goods or delay in the performance of orders or contracts or in the delivery or shipment of goods or for any damage suffered by Buyer by reason of non-delivery or delay, when such non-delivery or delay is, directly or indirectly caused by or in any manner arises from acts of God, wars, shortage of materials, or supplies now or hereafter ordered or interruption or delay in the delivery thereof, insufficient or undesirable credit information or experience, plant breakdowns or disability for any cause whatsoever, strikes or other labor disturbances, delays or interruptions in transportation facilities, requirements, regulations or policies of any government, and all other disabling causes or contingencies reasonably beyond the SpecBond's control. In the case of such delay or failure to perform, for any of the above causes, the SpecBond may cancel the order upon notice in writing to the buyer.
  7. All products are shipped FOB, Bensenville, IL or another location the SpecBond designates as its shipping location.
  8. In the event Buyer fails to fulfill the condition of terms of payment on the invoice presented, or in case SpecBond, in its absolute discretion, shall have any doubt at any time as to the Buyer's financial responsibility, SpecBond may decline to make further deliveries except upon receipt of cash or satisfactory security.
  9. Buyer is to pay any present or future sales, use or excise tax whether Federal, State, Municipal or measured by the receipts therefrom with respect to the material sold, and if not collected at the time of payment, Buyer will hold the SpecBond harmless.
  10. Materials sold are warranted to be commercially free from abnormal or avoidable defects in material and workmanship, including surface appearance variations. All other warranties, expressed or implied, including any warranty of merchantability or that the goods shall be fit for a particular purpose, are hereby excluded. In the event of any claim for which the SpecBond may be liable, the liability of the SpecBond, at the SpecBond's option, shall be limited to repairing or replacing the non-conforming goods or refunding the purchase price of that portion of the goods to which the Buyer's claim relates. In no event shall the SpecBond be liable for consequential damages of any kind, nature and description. Every claim on account of defective goods, whether the defect be patent or latent, short count or for any cause whatsoever, shall be deemed waived by the Buyer unless made in writing within ninety (90) days after the receipt of goods to which the claim relates. Under no conditions will returned materials be accepted without the SpecBond's prior written consent authorizing return of said material.
  11. For products made up specifically for Buyer's order and not of a grade, color, type, or material customarily carried in stock by the SpecBond, the Buyer shall accept, at the SpecBond's option, an over-run or under-run of 10 percent (10%) of the quantities specified as fulfillment of the order. The limit of liability of the Buyer shall be determined by the purchase quantity imposed upon the SpecBond by the normal supplier(s) of said material. The SpecBond warrants that a reasonable effort will be made to deliver the specified order quantities in fulfillment of this contract.
  12. Charges made for dies, tools and patterns invoiced to and paid for by the Buyer do not convey ownership of said dies, tools and patterns from the SpecBond to the Buyer.
  13. If the goods are to be prepared or manufactured to the Buyer's specifications, the Buyer agrees to indemnify the SpecBond against any liability whatsoever for patent, trademark or trade name infringement in any way arising out of such preparation of manufacture.
  14. SpecBond exercises no control in the handling, storage, application and use of it's products or the products of others with which they are used. No warrantee, expressed or implied, is made as to the results and effects of their use. No waiver or modification of the foregoing conditions shall be valid unless signed by an officer of SpecBond. The buyer shall determine the suitability of the product for his intended use and assume all risk and liability in connection with use of the SpecBond product. Any technical advice that SpecBond might furnish to the Buyer before or after delivery in regards to the use and application of the product represents SpecBond's best judgment and SpecBond assumes no obligations or liability for the advice or assistance furnished and use of such information is at the Buyer's own risk.
  15. No merchandise will be accepted for return or credit without a Return Material Authorization (RMA) number and packing slip.