Prices are subject to change at any time on giving a notice to the BUYER. Such change shall become binding on the BUYER upon expiry of 20 days after receipt by the BUYER of such notice without prejudice to any orders placed before such change became binding. In the event the SELLER makes any change in prices, the SELLER grants the BUYER the option of canceling any order unshipped as of the date of receipt of such notice or accepting delivery at the new prices.
The BUYER shall arrange at its sole cost and expense for such insurance, if any, as it wishes to carry on PRODUCTS in transit and thereafter.
SELLER warrants to BUYER that the PRODUCTS furnished under this Contract will conform to any express written warranty given by the SELLER to the BUYER.
All notices, requests, demands, and other communications required or permitted hereunder shall be in writing addressed to the parties at the addresses stated below, and shall be deemed to have been duly given if delivered by hand or mailed, by certified or registered mail, with postage prepaid.
Neither Party shall be liable to the other for any delay or failure to perform any of its obligations, when performance is hindered or prevented due to force majoure.
Force majoure shall include all circumstances beyond the reasonable control of the Party affected including but not limited to floods, riots, strikes, freight embargoes, Acts of God, acts of war or hostilities of any nature, laws or regulations of any government bodies or authorities.
A party relying on such an event to excuse its performance shall immediately notify the other Party in writing of the nature of that event and the prospects for that Party’s future performance.