VLC5501 User manual
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authorisation or any other authorities that may be required in connection with the goods supplied
have been or will be duly obtained by and at the expense of the Buyer.
(ii) Unless otherwise agreed in writing the contract price does not include Value Added Tax ("VAT") or
any other tax or levy on the supply or importation of the goods which shall be charged extra. Insofar
as the Buyer is situated in another member state of the European Community, with effect from 1st
January 1993 and until completion of the Internal Market of the European Community, VAT will be
added to the contract price automatically unless the Buyer provides its VAT registration details and all
other appropriate information to the Company.
(iii) The Basic Tax Point for VAT (where applicable) is the invoice date.
4. Carriage, Risk and Property
(i) Details of carriage terms are given in the Company's current price list.
(ii) In the case of U.K. sales, unless otherwise agreed, risk of loss or damage to the goods shall pass
to the Buyer when the goods are handed to the carrier for delivery to the Buyer. Subject thereto,
where goods are to be carried at the cost of the Company, the Company will bear the risk of loss or
damage in transit provided that the Company shall have received written notification of such loss or
damage within five days of the date of despatch.
(iii) In the case of Export sales, unless otherwise agreed, Incoterms shall apply and risk of loss or
damage to the goods shall pass to the Buyer in accordance with the terms of the shipping documents.
The Company does not normally insure the goods during transit abroad.
(iv) Where the goods are to be collected by the Buyer, the Company shall be entitled to treat the
contract as repudiated, and re-sell the goods, should the Buyer fail to collect the goods within 14 days
of notification by the Company that they are ready for despatch.
(v) (a) Notwithstanding the passing of risk, the Company retains ownership of the goods the legal and
equitable title in which shall not pass to the Buyer until the Company has received payment of the
price of all of the goods (whether or not the goods are delivered in instalments and some have been
paid for by the Buyer) and until such time the Buyer shall hold the goods in a fiduciary capacity for the
Company and in particular the Buyer:
(1) shall insure the delivered goods against any loss or damage with an insurance office of repute;
Содержание VLC5501
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