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Terms and Conditions

CONDITIONS OF SALE

Goods sold under these conditions are subject to retention of title – Clause 10

1              DEFINITIONS

            In these Conditions:

            “The Company” means Hopespare Limited including all divisions and businesses thereof and any subsidiary company thereof (as defined in Section 154 Companies Act 1948).

            “The Buyer” means any company, firm or individual or agent thereof to whom the Company’s quotation or acknowledgement of order is addressed.

            “The Goods” means the products (including any parts or accessories) materials and/or services to be supplied by the Company.

2              APPLICABILITY OF CONDITIONS

            The Company concludes contracts for the supply of Goods subject only to these Conditions.  The Buyer accepts that these Conditions shall govern relations between himself and the Company to the exclusion of any other terms including, without limitation, conditions and warranties within or oral express or implied even if contained in any of the Buyers documents which purport to provide that the Buyers own Terms shall prevail.  No variation or qualification or contract arising herefrom shall be valid unless agreed in writing by the Secretary or a Director of the Company or a person duly authorised by the Board of Directors.

3              QUOTATIONS

            The Company’s quotation are given without commitment and no contract between the Company and the Buyer shall arise unless and until the Company has accepted in writing the Buyer’s order placed on the Company’s quotation.

4              REPRESENTATIONS

No employee of the Company other than the

Secretary or a Director of the Company’s is authorised to make any statement or representation as to the Goods.  The Buyer, therefore, shall not be entitled to rely or to seek to rely upon any statement warranty or representation made by an employee or agent of the Company other than the Secretary or a Director.

5              PRICES

(i)            Prices contained in the quotation price list catalogue and similar matter shall be based upon current costs ruling at the date thereof and are for guidance only.  The contract price shall be the price current at the date of delivery of the goods and/or when services are performed as the case may be. If there is a price increase for any of the components in a sales order before delivery, Hopespare at their sole discretion, may increase the price of the sales order.

(ii)           Where firm prices are agreed that these will remain firm provided that full information permitting manufacture to proceed is received by the Company promptly after receipt of the order, and further provided that the Buyer takes delivery of the order when ready.  If delivery of the order or any part thereof is delayed at the Buyer’s request or through the Buyer’s failure to provide the full information mentioned above, the Company reserves the right to amend the price of the undelivered portion to that prevailing at the date when delivery is made.

(iii)          Where a quotation is given dependent on information supplied by the Buyer, the Buyer will be responsible for the accuracy of the information given, and for the supply of all relevant particulars.  Any increased cost incurred either during or after manufacture resulting from any inaccuracy or omission shall be borne by the Buyer alone and shall be paid promptly, and independently of the main contract price.

(iv)          Unless otherwise stated prices do not include VAT which will be chargeable at the date of despatch and/or performance of services as the case may be.

6              DESPATCH AND DELIVERY

(i)            Delivery shall be deemed to occur and the risk of loss or damage of any kind in the Goods shall pass to the Buyer on whichever of the following events occur earlier.

(a)           collection by or on behalf of the Buyer or by a carrier for despatch to the Buyer (whether or not such carrier be the Company’s agent or servant).

(b)           14 days from the date of notice given by the Company that the Goods are ready for collection or despatch.

(ii)           In the event that the Company shall at the specific request of the Buyer store the Goods or arrange for the Goods to be despatched or dealt with otherwise than by collection by the Buyer then the Buyer shall pay to the Company any reasonable charges made in the Company’s absolute discretion fir the provision or procurement of such services.  Any such services provided by the Company shall be performed subject to these conditions  in the event that such services are to be provided by a carrier or other third party then the Company shall in arranging for the provision of the same act only as the agent of the Buyer and the Buyer shall indemnity the Company against any cost, charge liability or expense (including demurrage) thereby incurred by the Company.

(iii)          The Buyer shall carefully examine the Goods on receipt of the same and shall by written notice to be received by the Company within 21 days of receipt of the Goods shall notify the Company of any short delivery, over delivery or any defects reasonably discoverable on careful examination.  In the absence of receipt of such notice the Company shall be discharged from all liability in respect of such defects or short or over delivery.

(iv)          If the Buyer neglects to serve notice under sub-clause (iii) above of any over delivery then the Company may at its option either repossess the excess Goods or invoice them and be paid forthwith by the Buyer for the excess Goods at the price ruling at the date of delivery.

7              TIME FOR AND FORM OF DELIVERY

(i)            The Company will use reasonable commercial endeavours to deliver the Goods and to perform services in accordance with any time stated in the contract but time of delivery or performance shall not be of the essence to the contract.  Any such times are stated by way of general information only and in the event of failure to despatch or deliver or perform within such times for any cause (whether within or) outside the Company’s reasonable control the same shall not be a breach or repudiation of the contract and the Company shall not be liable for any loss or damage suffered by the Buyer as a result of such delay.

(ii)           (a)        If the contract does not otherwise provide the Company shall be entitled to deliver Goods

                                    by single delivery or by instalments at its option.

(c)           If the contract provides for delivery by instalments or the Company so elects each instalment shall be deemed to be the subject of a separate contract on these conditions and without prejudice to sub-paragraph (I) hereof non-delivery or delay in delivery shall not affect the balance of the contract nor entitle the Buyer to terminate the same.

(iii)          In the event that the Goods shall not have been collected by or on behalf of the Buyer or by a carrier for despatch to the Buyer within 14 days of the Company’s written notice pursuant to Clause 6(i)(b)hereof then the Company may at any time thereafter send to the Buyer a further notice notifying the Buyer of the Company’s intention to sell the same after the expiration of a period of not less than 7 days from the date of the notice and any such sale by the Company may be on a forced sale bases.  The Buyer shall be liable for the Company’s charges and expenses for the sale hereunder or delivery to the Buyer.  The Company shall charge 1.5% of the invoice value of the Goods per month for storage.

8              PERFORMED PREVENTED OR HINDERED

The Company shall not be liable for any delay or failure in carrying out its obligation which is

caused wholly or partly by reason of act of God, delay in transportation, labour disputes, fire, flood, war, accident, Government action, inability to obtain adequate labour, materials, manufacturing facilities or energy, or any other cause beyond the Company’s control or that of its servants or agents, and if the delay or failure has continued for a period of 3 months then either party may give notice in writing to the other determining the contract and on such termination the Company shall refund to the Buyer the price of the Goods or any part thereof after deduction of any amount due to the Company including any amount under Clause 19 hereof.

9              PAYMENT

(i)            Unless expressly agreed in writing payment shall be made in sterling without deduction or deferment on account of any disputes or cross claims whatsoever on or before the last day of the month following the month of the invoice for the Goods.  Where full payment is not received by the due date interest shall accrue on the sum outstanding at the rate of 3% per annum above the base rate of Barclays Bank plc (as varied from time to time) calculated on a daily basis but without prejudice to the Company’s rights to recover payment on the due dates.

(ii)           Time for payment shall be if the essence and in the event of delay or default in any payment for more than 7 days, the Company shall be entitled to suspend deliveries and/or treat the contract as repudiated and/or re-sell any of the Goods in its possession and be indemnified by the Buyer for any loss thereby incurred.

(iii)          The buyer shall pay for any samples, sale or return, loan or demonstration goods and/or materials, including drawings, plans, specifications etc., not returned within one month from the date of receipt by the Buyer unless a different period for the return of the Goods and/or materials is agreed between the Company and the Buyer.

10           PROPERTY IN THE GOODS

(i)            The Company shall retain absolute ownership of the property in the Goods which shall not pass to the Buyer and the Buyer shall keep and retain the Goods as bailee for and on behalf of the Company and shall deliver up the Goods to the Company at the Company’s request until the Company has received in full payment of the price of the Goods and full payment of any other sums whatsoever which are outstanding from the Buyer to the Company whether or not due and owing and until such time the Buyer.

(a)           shall insure the Goods against the usual risks with an insurance office of repute

(b)           shall store separately the Goods or in some other way ensure that the Goods are readily identifiable as the property of the Company.

(c)           Irrevocably authorises the representatives of the Company at any time in circumstances where the provisions of Clause 19 may apply to enter upon the Buyer’s premises where the Goods are or are thought by the Company to be stored for the purpose of repossessing the Goods.

(d)           Shall keep and retain the Goods free from any change lien or other encumbrance thereon.

(ii)           Provided always that no circumstances have arisen where the provisions of Clause 19 may apply the Buyer shall be entitled to offer for sale and sell the Goods in the ordinary course of business as principal and not as agent at the best obtainable price and upon such sale the Company shall be legally and beneficially entitled to the proceeds of sale and the Buyer shall pay such proceeds of sale into a separate account or otherwise shall ensure that all such proceeds of sale are kept by or on behalf of the Buyer in a separate and identifiable form.  In particular but without prejudice  to the generality of the foregoing the Buyer shall not pay the proceeds of sale into any bank account which is overdrawn.  Further forthwith upon receipt of the proceeds of sale the Buyer shall pay to the Company any of the aforesaid sums outstanding to the Company and shall not use or deal with the proceeds of sale in any way whatsoever until such sums have been paid.  If the Buyer is in breach of sub-Clause (I) hereof this shall not affect the Company’s rights under the sub-Clause (ii).

(iii)          If the Buyer incorporates any Goods within other equipment or products the provided that the Goods remain a readily identifiable and removable part of such other equipment or products the provisions of sub-Clause (I) shall apply.

(iv)          If the provisions of sub-Clause (iii) hereof apply the Buyer shall store separately the other equipment or products incorporating the Goods and shall notify the Company of the precise location and position hereof and the Company shall be legally and beneficially entitled to the property in such other equipment or products.  The provisions of sub-Clause (ii) hereof shall apply mutalis mutandis in respect of such other equipment or products owned by the Company.

(v)           If the Buyer incorporates or mixes the Goods with other equipment or products in such a way that the Goods are not readily identifiable and removable  part of the finished product the Buyer shall store separately the finished product and shall notify the Company of the precise location and position thereof and the Company shall be legally and beneficially entitled to the property in such finished products.  The provisions of sub-Clause (I) and (ii) above shall apply mutandis in respect of such finished product owned by the Company.

(vi)          The Company shall be entitled to exercise a general lien or right of retention on all goods or any parts thereof in the Company’s possession which are the Buyer’s property for any sums whatsoever due to the Company and pursuant to such lien or right the Company shall be entitled without notice to the Buyer to sell or any part of such goods or part thereof privately or by auction or otherwise and to keep the proceeds of sale in diminution of such sums and of all costs and expenses incurred by the Company in effecting the said sales.

11           QUALITY, CONDITION AND DESCRIPTION OF GOODS AND SERVICES

(i)            The Company warrants that products, parts or materials manufactured by it will be of good materials and workmanship and that reasonable care will be employed in assembling or incorporating items not manufactured by it and in performing services so that upon the Buyer giving written notice to the Company that Goods have not been supplied or services performed as aforesaid if the same be established and provided the Buyer has not tampered with the Goods the Company will at its own expense at its option replace or repair such defective goods or remedy such defaults in service except that the Company shall not reimburse the Buyer’s transportation costs in respect of each repair, replacement or remedy.

(ii)           The same term shall apply mutais mutandis, in respect of such replacement, repair or remedial services.

(iii)          The above warranty shall apply in respect of matters whereof the Buyer gives written notice within 12 months of delivery or 6 months from installation (whichever is the shorter period) or within 12 months of performance or of replacement, repair or remedial services respectively after which any claim in respect thereof shall be absolutely barred.

(iv)          Such replacement, repair or remedial services will be the absolute limit of the Company’s liability and the Company will not be liable in any circumstances whatsoever for loss or damage of any kind suffered by the Buyer or by any third party howsoever caused unless the same shall relate to personal injury or death and only then if the same shall arise out of the Company’s negligence.  Save as aforesaid the Company shall be under no liability whatsoever in regard to gods or services or replacement, repair or remedial services whether manufacture or performance be by itself or of any other persons and any condition or warranty which might otherwise be implied or incorporated by the contract or by reason of Statute or Common Law is hereby excluded.

(v)           Without prejudice to the foregoing if called upon so to do by the Buyer in writing the Company shall use its best endeavours to assign to the Buyer the benefits of any warranty, guarantee, indemnity, claim, privilege or other rights which the Company may have in regard to manufacturers or suppliers of any goods not manufactured by the Company in relation to the quality, condition or description of such goods.

12           OPERATING INSTRUCTIONS

(i)            The Company supplies with the Goods adequate information as to their design and conditions of and instructions for operation for compliance with its obligations under Section 6(1)(c) of the Health and Safety at Work etc Act 1974.

(ii)           The Buyer undertakes that all necessary steps will be taken to ensure that the Goods will be safe and without risk to health when properly used in accordance with Clause 6(B) of the Health and Safety at Work etc Act 1974.

13           DRAWINGS, SPECIFICATIONS ETC

(i)            All descriptions, drawings, illustrations, particulars of weights and measures rating standard statements or details or specifications or other descriptive matter whether or not contained in the contract document are approximate only.  The Goods will be in accordance with the Company’s specification at the time of manufacture and any earlier specifications, drawings, descriptions, illustrations, particulars as to weights and measures rating standard statements or details shall not form part of the description of the parts or services supplied or to be supplied so that the Company shall not be under any liability in respect thereof.

(ii)           Where Goods supplied by the Company to the Buyer in accordance with the Buyer’s design or specification or where the Company shall design items not within the standard range of products at the Buyer’s request no warranty is given or implied as to the suitability of such goods or items unless the Buyer has made the Company aware of the particular purpose for which the Buyer’s proposing to use the goods or items in which case Clause 11 shall apply.  The Company shall be entitled to charge a fee for any research or design undertaken in connection with the supply of goods not within their standard range of products.

14           INSPECTION AND TESTING

The Company undertakes inspection of all Goods prior to delivery and where practicable submits to

standard tests at the Company’s premises.  Special tests or standard tests in the presence of the Buyer or his representative may be undertaken by the Company at the request and expense of the Buyer but unless otherwise agreed such tests shall be conducted at the Company’s premises.

15           INDUSTRIAL PROPERTY RIGHTS

(i)            All intellectual property rights subsisting to or relating to any calculations data specifications designs drawings papers documents procedures techniques acceptance maintenance and other tests special and recommended parts and other equipment and any other material and information whatsoever given to the Buyer by the Company in connection with the supply of the Goods by the Company to the Buyer or otherwise are bested in the Company.  The Buyer will not whether by itself its officers servants agents or any of them otherwise howsoever copy or reproduce any such items or material in whole or in part nor will it disclose any such information in which or in part to any third party.  Further the Company shall be entitled to the ownership of all intellectual property rights subsisting in or relating to any calculations data specifications design drawings papers documents or other items material or information conceived originated developed or produced by the Company for the Buyer pursuant to the contract for the supply of Goods.

(ii)           The Buyer shall not at any time for any reason whatsoever disclose or permit to be disclosed to any person or persons whatsoever or otherwise make use of or permit to be made use of any trade secrets or other confidential information relating to the equipment technology business affairs or finances of the Company or any associated company or organisation of the Company or relating to the Company’s agents distributors licensees or other customers r in respect of any of their affairs dealings or transactions.

(iii)          The Buyer shall not seek to apply or apply to register in its own name any of the Company’s intellectual property rights and in particular those subsisting in or relating to the Goods or a part thereof nor shall  it represent in any way that it has any right or title to the ownership of any such intellectual property rights not shall it do any act or thing which might be contrary to the interest or rights of the Company in such right and in particular challenge the ownership or validity of such rights.

(iv)          The Buyer at its own expense shall do all such acts and things and shall sign and execute all such deeds and documents as the Company in its sole discretion may require in connection with any steps or proceedings taken by the Company to restrain the infringement of its intellectual property rights.

(v)           The Buyer undertakes and agrees that the use of any of its calculations data specifications designs drawings papers documents procedures techniques acceptance maintenance and other tests special and recommended parts and other equipment and other material and information by the Company when manufacturing and supplying the Goods will not infringe any intellectual property rights of a third party and shall indemnity the Company in respect of any such infringement.

(vi)          The Buyer shall not alter or remove any trade mark of the Company which has been applied to the Goods not apply any other trade mark to the Goods nor make any alteration to their packaging and get-up.

(vii)         The provision of the Clause 15 shall survive the expiry or termination of any contract for whatever  reason.

16           INDEMNITY

In order to maintain the keenest possible prices the Company does not normally insure against claims by

Third Parties.  If the Buyer so requests the Company in writing the Company will effect such insurance for the particular transaction and the costs of such insurance may be added to the contract price.  If the Buyer shall not give such written notice then the Buyer shall indemnity the Company against all actions claims or demands by Third Parties whether in tort or otherwise howsoever arising directly or indirectly in connection with the use, functioning or state of the Goods or in connection with the performance or services.

17           LIMITATION

The Company shall in no circumstance be liable.

(i)            for any consequential or special loss or damage or claim by the Buyer without limitation, delay, detention, loss of production, loss of profit, loss of time, charges or liability to third parties.

(ii)           For any loss or damage in excess of the contract price (or in the case of a defect in a part only then the cost of manufacture of such part) and (this/these) limitation(s) will apply (even in the case of breach of a fundamental term or repudiation by the Company and) event if further performance of the contract is frustrated.

(iii)          Save where the Buyer has given written notice to the Company that it is not effecting insurance (thus enabling the Company to effect its own insurance and to reflect the costs thereof in the contract price) for any loss or damage covered by insurance or which would ordinarily to covered by insurance.

18           SUB-CONTRACTING

The Company shall be entitled to sub-contract all or any of its obligations hereunder.

19           DETERMINATION

If the Buyer shall make default in or commit a breach of the contract or of any of his obligations to the

Company or if any distress or execution shall be levied upon the Buyer’s property or assets, or if the Buyer shall make or offer to make any arrangement or composition with creditors or commit any act of bankruptcy, or if any petition or receiving order in bankruptcy shall be presented or made against him or if the Buyer is a limited company and any resolution or petition to wind up such company’s business (other than of the purpose of amalgamation or reconstruction) shall be passed or presented, or if a receiver of such company’s undertaking, property or assets or any part thereof shall be appointed, the Company shall have the right forthwith to determine any contract then subsisting ad upon written notice of such determination being given to the Buyer any subsisting contracts shall be deemed to have been determined and the Company shall be entitled to recover from the Buyer all losses thereby arising including but not limited to those under Clause 20 of these conditions or otherwise.

20           PARTIAL COMPLETION

In the case of partial completion of an order by reason of any of the events referred to in Clause 8

or 19 of these conditions the Company shall be entitled to a quantum meruit in respect of all work done by it including labour costs and materials and any changes or expenses which the Company is committed to pay sub-contractors or third parties without prejudice to its rights should non-completion be occasioned by the Buyer.

21           NOTICES

Unless otherwise provided in writing any written communication or notice under the contract

shall be made or given by sending the same by ordinary prepaid first class letter post in the case of the Company to its current address and in the case of the Buyer to its last known address and if so sent shall be deemed to be made or given two days after the date when posted.

22           WAIVER

Any failure by us to enforce any or all these Conditions shall not be construed as a waiver of any of the

Company’s rights.

23           LAW AND INTERPRETATION

The contract shall be governed by English Law and the Buyer shall submit to the non exclusive jurisdiction of the English Courts.  If any of these conditions or any part thereof is rendered void or unenforceable by any legislation to which it is subject or by any rule of law it shall be void or unenforceable to that extent and no further.