Terms

All general terms of sale and invoice are applicable to all companies of the ATS Group:

 

General terms of sale of the ATS Group.

Prices:

All prices are net prices excluding VAT. The prices are fixed in accordance with the current prices of raw materials on the date of the offer.

 

Delivery period:

The goods shall be delivered within the period specified in the offer, except in the event of intermediary sale.

 

Delivery:

Carriage paid for orders with a net value of at least 125.00 EURO; a cost of 12.50 EURO shall be charged for orders of less than 125.00 EURO.
The goods are always transported at the expense and risk of the buyer, even when they are delivered carriage paid.

 

Payment:

Thirty days from the date of invoice unless otherwise explicitly agreed upon in writing.

In case of delay in payment the defaulting party shall be liable to pay the other party by operation of law and without prior notice of default:
1) moratory interests from the day the invoice became payable until the day of full payment, at an interest rate laid down in the Act on delayed payments in commercial transactions;

2) on top of the interests, a compensation for all collection charges caused by the delay in payment, with a minimum of 10% of the principal amount or the unpaid balance. However, this amount shall never be less than 500,00 euro.

 

Retention of title:

The delivered goods remain the property of the seller until the price has been fully paid. That does not change the fact that the risk of damage or loss of the goods passes to the buyer from the moment of delivery.

 

Period of validity:

This offer shall remain valid for a period of one month except in the event of intermediary sale.

 

Warranty:

The warranty provided by the seller is limited to the warranty that is provided by the manufacturer, both as regards the period of time and as regards the conditions.

 

Complaints:

The delivered goods must be checked for visible defects at the time of delivery. The seller must be notified in writing and without delay of any complaints regarding visible defects. The seller must be notified in writing and without delay of complaints regarding hidden defects, i.e. in any case within eight days following their discovery.

As long as all amounts owed to the seller, of any nature and for any reason, have not been paid in a timely manner and in full (principal amount, possible interests, damages and possible legal expenses) by the customer, the seller has the right, including after concurrence, to invoke offsetting of the amounts owed to each other by the parties, for any reason and of any nature, up to the smallest amount  

 

General terms of invoice of the ATS Group.  

 

All invoices are payable at the seller's registered office unless otherwise explicitly agreed upon in writing.

All payments shall be made either in cash against receipt or by bank transfer to the financial account indicated, unless otherwise explicitly agreed upon in writing. In the latter case payment shall be deemed to have been made from the moment the afore-mentioned account is credited with the amount due.

All invoices are payable within thirty days from the date of invoice, without discount, unless otherwise explicitly agreed upon in writing.

In case of delay in payment the defaulting party shall be liable to pay the other party by operation of law and without prior notice of default:
1) moratory interests from the day the invoice became payable until the day of full payment, at an interest rate laid down in the Act on delayed payments in commercial transactions;

2) on top of the interests, a compensation for all collection charges caused by the delay in payment, with a minimum of 10% of the principal amount or the unpaid balance. However, this amount shall never be less than 500,00 euro.

The seller must be notified in writing of any complaints regarding an invoice within eight days following the date of invoice.

In case of disputes, the courts and - when the occasion arises - the justice of the peace court of the place where the seller's registered office is situated shall have exclusive jurisdiction.

As long as all amounts owed to the seller, of any nature and for any reason, have not been paid in a timely manner and in full (principal amount, possible interests, damages and possible legal expenses) by the customer, the seller has the right, including after concurrence, to invoke offsetting of the amounts owed to each other by the parties, for any reason and of any nature, up to the smallest amount.

 

Failure to pay an invoice on due date makes this invoice, as well as all other claims, including those which have not yet reached maturity, immediately and fully due  by right and without summons, regardless of previously agreed payment terms.

If the customer is in default on payment or other obligations,  the seller has the right, without summons,  to withhold further deliveries/performances under all contracts with the customer or to dissolve the contract immediately without any liability. The seller shall be entitled to charge the buyer additional indemnification.