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Terms & Conditions of Sale

Terms & Conditions of Sale

  • ACCEPTANCE

Parts and Products are deemed accepted by Customer unless customer notifies Seller within 5 days of delivery of product shortages, damage or defect. No return may be made for any reason without a Return Material Authorization issued by the Seller. If Customer refuses to accept tender or delivery of any productsor returns any products without authorization from Seller, such products will be held by Seller awaitingCustomer’s instruction for 10 days, after which Seller may deem the products abandoned and dispose ofthem as it sees fit, without crediting Customer’s account.

  • DELIVERY

Seller will use its best efforts to ship by the purchase order contract date specified; however, Seller shall not be liable for any delay or failure in the expected delivery or shipment of products or for any damages suffered by reason thereof.
Shipping dates shall be extended for delays due to acts of God, acts of Buyer, acts of Government, fires,flood, strikes, riot, war, embargo, transportation shortages, delay or default on the part of Seller’s vendors, or any other cause beyond Seller’s reasonable control.
All Cash On Delivery (COD) sales shall be shipped via Ups Only.

  • TITLE AND RISK OF LOSS

Until payment in full for the goods sold has been made by Buyer and received by Seller; these goods shall remain property of the Seller; and MGT Trading reserves the right to retake or reposes the same and dispose of them without prejudice to any further claim for damages against the Buyer in the event of nonpayment. Seller shall not be responsible for damage to any of the products while these products are in transit. Any claim Customer may have due to damage in transit shall be made by Customer against the carrier.

  • EXPORT

Any or all products may be subject to export or resale restriction or regulation. Customer acknowledges that it will comply with such regulations and restrictions.

  • OPEN/BLANKET ORDERS

Open/Blanket orders are not cancellable and not returnable.

Open/Blanket orders validity is limited to twelve (12) months from purchase order date.

Should there be items remaining to be delivered upon expiration of the purchase order, these will be shipped and invoiced to the customer.

  • TERMS OF PAYMENT

Subject to credit approval, net 30 days.
Otherwise Cash On Delivery or in advance via Wire Transfer or Credit Card.
All Wire Transfer fees shall be at Customer’s charge.
All Credit Card payments subject to 4% handling fees.

  • TERMINATION

Orders are not subject to termination without Seller’s written consent. Any reduction in quantities ordered
shall constitute a partial termination subject to this clause.
Cancelled orders may be subject to 25 % restocking fee.

Please send questions or comments to: s.herve@mgt-group.aero