TERMS OF PURCHASE
Applicable state and local tax will be charged on orders, unless Purchaser provides U.S.SUPPLY with an exemption certificate. Please note your tax-exempt status when ordering.
Unless otherwise stated with the Order, Purchaser will pre-pay for any freight costs associated with the delivery of Product to its destination. Local delivery charges may apply. Any extra or additional charges or services rendered in transit or at the destination will be the responsibility of Purchaser, including without limitation duties, subsidies, insurance, brokers fees and surcharges, unless U.S.SUPPLY agrees in writing to be responsible for and pay such charges. Title and risk of loss will pass to Purchaser upon delivery to the common carrier.
All orders must be received with a cash payment, check or method of payment approved in writing by U.S.SUPPLY For approved Purchasers with established and acceptable credit, the terms of purchase are Net 30 days from date of shipment. All payments must be in U.S. Dollars or local currency. Any credit applied to the account of Purchaser must be used within one (1) year and any credits remaining after this time period will be subject to cancellation if not used or requested. If an open account Purchaser fails to make full payment within thirty 30 days from date of shipment or Purchaser has breached any Term of Purchase, U.S.SUPPLY may defer any further shipments or other orders, or cancel any portion of an unshipped order. U.S.SUPPLY reserves the right to charge interest at the rate of 18% per annum (1.5% monthly) or at the highest rate available under applicable law, to any account balance exceeding the terms set forth herein. It is understood and agreed that Purchaser will pay, to the extent permitted under law, all reasonable costs and expenses, including attorney’s fees and costs incurred by U.S.SUPPLY in connection with any collection action for
(Cancellation and Returns)
U.S.SUPPLY must approve cancellation of any order prior to shipment. Orders for Special or Non-standard Products may not be cancelled or returned (except for non-conformities). Any returns for shipping errors, damage or loss upon delivery must be reported within 10 days of the delivery date. Except as otherwise agreed, Products will not be accepted for return after 5 days from the date of delivery to the Purchaser. All returns should be made to a U.S.SUPPLY branch or as otherwise designated by U.S.SUPPLY , must be in resalable condition and need to be accompanied with an Invoice. Any cancellation or returns accepted after 5 days may be subject to a restocking fee and other charges, for which the Purchaser shall be responsible.
payment of the amounts due herein.