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General sales conditions for <strong>Aura</strong> <strong>Light</strong> International AB<br />
1. Orders<br />
1.1. These general sales conditions (the “Conditions”) shall apply on any and<br />
all <strong>Product</strong>s ordered or delivered.<br />
1.2. The Customer shall place orders by fax or e-mail with <strong>Aura</strong>, stating the<br />
number of <strong>Product</strong>s ordered. However, no orders may be placed for less than<br />
what is stipulated in the catalogue (i.e. for less number of <strong>Product</strong>s than the<br />
number of <strong>Product</strong>s per package given in <strong>Aura</strong>’s product catalogue). All orders<br />
placed by the Customer shall be firm and irrevocable and made on <strong>Aura</strong>’s<br />
standard order form. The Customer shall be solely responsible for the accuracy<br />
of all information contained in its orders.<br />
1.3. <strong>Aura</strong> reserves the right to accept or refuse any order or part thereof. Such<br />
acceptance or refusal shall be made by fax or e-mail within seven (7) days after<br />
receipt of an order. If the order is accepted, <strong>Aura</strong>’s order confirmation shall<br />
contain an estimated delivery date.<br />
2. Documents and package<br />
2.1. All shipping documents, e.g. delivery notes, packing receipts, and certificates<br />
of origin, shall be issued in accordance with <strong>Aura</strong>’s instructions.<br />
2.2. The Parties shall cooperate in order to prepare any and all necessary documents<br />
required by the authorities in the Territory and Sweden, or in any transit<br />
territories, as a consequence of the order, purchase, delivery or payment of<br />
the <strong>Product</strong>s ordered by the Customer from <strong>Aura</strong>.<br />
2.3. <strong>Aura</strong> shall ensure that the <strong>Product</strong>s when handed over to the carrier for<br />
transport to the Customer are packaged in a way that may reasonably be required<br />
considering the characteristics of the <strong>Product</strong>s and the way of transport.<br />
3. Deliveries<br />
3.1. <strong>Aura</strong> shall deliver the <strong>Product</strong>s ordered by the Customer within the confirmed<br />
date.<br />
3.2. <strong>Aura</strong> shall at its own expense arrange for insurance for and carriage of<br />
the <strong>Product</strong>s, cleared for export, to the Customer’s premises, provided that<br />
otherwise is not set out in these Conditions or has been agreed between the<br />
Parties. The risk of the <strong>Product</strong>s shall pass to the Customer at delivery by<br />
<strong>Aura</strong> at the Customer’s premises. For the avoidance of doubt, <strong>Aura</strong> shall be<br />
the owner of the <strong>Product</strong>s ordered until paid and delivered in accordance<br />
with the conditions contained herein and thereafter shall the Customer be the<br />
owner of the <strong>Product</strong>s ordered.<br />
4. Delayed deliveries<br />
4.1. If <strong>Aura</strong> finds that it will not be able to deliver the <strong>Product</strong> at the agreed<br />
time or if delay on its part seems likely, it shall without undue delay notify<br />
the Customer hereof, stating the reason for the delay and if possible the time<br />
when delivery can be expected.<br />
4.2. Provided that <strong>Aura</strong> notifies the Customer without undue delay in accordance<br />
with Section 4.1, the Customer shall not be entitled to any compensation<br />
due to the delay and the delay shall not be deemed as a breach of<br />
contract.<br />
5. Inspection of <strong>Product</strong>s<br />
5.1. As soon as possible after receipt of any <strong>Product</strong>s delivered by <strong>Aura</strong> hereunder,<br />
but in no event later than seven (7) days after delivery, the Customer<br />
shall inspect the <strong>Product</strong>s and shall inform <strong>Aura</strong> forthwith of any defects in<br />
or damage to such <strong>Product</strong>s or shortages.<br />
5.2. If the Customer fails to notify and/or forward to <strong>Aura</strong> full details within<br />
the period specified in Section 5.1, the Customer shall be deemed to have<br />
waived its rights to assert claims.<br />
6. Defective <strong>Product</strong>s<br />
6.1. In case of any evidenced defects in or damage to <strong>Product</strong>s or shortages at<br />
delivery, <strong>Aura</strong>’s liability shall be limited to, at its option, correcting any errors,<br />
replacing the <strong>Product</strong>s concerned or refunding the price paid (subject to the<br />
Customer returning the defective <strong>Product</strong>s to <strong>Aura</strong> at <strong>Aura</strong>'s risk and expense)<br />
or (if an abatement of the price is agreed with the Customer) refunding to the<br />
Customer the appropriate part of the price paid, provided that the Customer<br />
shows that <strong>Aura</strong> has such an obligation under the guarantees and provided<br />
that the procedure set forth in Section 5 has been followed.<br />
6.2. In order to fulfil its obligations under the guarantees <strong>Aura</strong> may, at its sole<br />
discretion, demand that the Customer shall, at the Customer’s expense, send<br />
the <strong>Product</strong>s which the Customer deems default to Karlskrona, Sweden, for<br />
inspection by <strong>Aura</strong>.<br />
7. Guarantees<br />
7.1. <strong>Aura</strong> shall give the Customer such guarantees for the sold <strong>Product</strong>s as<br />
stated in Appendix 7.2. <strong>Aura</strong> shall have the right to adjust the guarantees provided<br />
that <strong>Aura</strong>, in general, has made or will make such adjustment of the<br />
guarantees to the main part of its other customers.<br />
7.2. The express terms of these Conditions are in lieu of all other guarantees<br />
or warranties, express or implied, including, but not limited to, the implied<br />
warranties of merchantability and fitness for a particular purpose, all of which<br />
are hereby excluded to the fullest extent permitted by law.<br />
general sales Conditions<br />
8. <strong>Product</strong> liability<br />
8.1 <strong>Aura</strong> shall have no liability to the Customer due to product liability claims<br />
from the Customer or from end users or any other customers of the Customer<br />
or any other third parties relating to the <strong>Product</strong>s, except as required under<br />
mandatory law. For the avoidance of any doubts, in case of any damages/<br />
injuries <strong>Aura</strong> will only provide a replacement <strong>Product</strong> and assume liability for<br />
instalment costs in accordance with <strong>Aura</strong>’s ordinary product guarantee.<br />
8.2. The Customer shall keep and maintain product liability insurance giving<br />
adequate protection to it and <strong>Aura</strong> in case of a product liability claim from<br />
an end user or any other customer of the Customer or any other third party.<br />
If <strong>Aura</strong> would so request, the Customer shall provide documents evidencing<br />
such insurance and, if <strong>Aura</strong> would deem it necessary, increase the insurance<br />
level to a reasonable level considering risks that may reasonably be foreseen.<br />
9. Export and import<br />
9.1. The Customer shall be responsible for ensuring that the <strong>Product</strong>s can<br />
be imported to the Territory without any restrictions, unless the Customer<br />
has, prior to the entering into this agreement, notified <strong>Aura</strong> in writing of the<br />
existence of such restrictions.<br />
9.2. <strong>Aura</strong> shall be responsible for the issuance of any necessary certificate of<br />
origin for the <strong>Product</strong>s.<br />
9.3. If, subsequent to the submission of a purchase order, it becomes known<br />
that the <strong>Product</strong>s are subject to export restrictions, <strong>Aura</strong> shall have the right<br />
to cancel the sale without any further obligations.<br />
10. Taxes and terms of payment<br />
10.1. The price of the <strong>Product</strong>s from <strong>Aura</strong> to the Customer are detailed in<br />
Appendix 10.1. <strong>Aura</strong> may change its then current prices of the <strong>Product</strong>s with<br />
three months prior notice. Any orders which have been placed by the Customer<br />
and which have been accepted by <strong>Aura</strong> at the effective date of the price<br />
change shall be delivered by <strong>Aura</strong> to the Customer to the prices before the<br />
price change is effected. For the avoidance of doubt, the Customer shall freely<br />
decide its resale prices.<br />
10.2. The fees and other charges of <strong>Aura</strong> do not include value added tax, sales<br />
tax, and similar taxes as well as any city, municipal, state or federal taxes or any<br />
withholding taxes or customs, whether currently imposed or imposed in the<br />
future, excluding <strong>Aura</strong>’s tax on income. If any such tax or customs is found<br />
to be applicable to <strong>Aura</strong>, the appropriate amount of tax shall be invoiced<br />
to and paid by the Customer to <strong>Aura</strong> on the same terms as applied to the<br />
payment due.<br />
10.3. Value added taxes, tolls and similar fees to be paid due to the delivery<br />
of the products ordered by the Customer from <strong>Aura</strong> shall be paid by the<br />
Customer.<br />
10.4. Payments under these Conditions can be made in SEK/USD or Euro..<br />
10.5. <strong>Aura</strong> shall, unless otherwise agreed in writing, invoice the Customer on<br />
a monthly basis.<br />
10.6. Any amounts payable hereunder shall be paid within thirty (30) days<br />
from the date of invoice and payment shall be made in accordance with the<br />
instructions stated on the invoice and be made without any set-off or counterclaim.<br />
Payment will not be considered effected until <strong>Aura</strong> receives in available<br />
funds the full amount due.<br />
10.7. If the Customer does not pay an invoice when it is due for payment,<br />
<strong>Aura</strong> reserves the right to stop delivery of the <strong>Product</strong>s to the Customer until<br />
receiving payment in full. <strong>Aura</strong> agrees that this right shall not be executed<br />
without giving the Customer prior notice and a reasonable time period to<br />
settle the due amount.<br />
10.8. Without prejudice to any of its other rights, <strong>Aura</strong> may charge the Customer<br />
all or parts of the costs incurred in collecting amounts due for payment.<br />
In addition to any other rights <strong>Aura</strong> may have, the Customer agrees to pay, a<br />
late payment fee on any amount overdue for payment by the Customer at the<br />
annual (or part thereof calculated on the basis of the actual number of days<br />
during such year) rate of STIBOR plus eight (8) percent from the due date<br />
until payment has been made in full.<br />
11. Governing law and dispute resolution<br />
11.1. These Conditions shall be governed by Swedish law without having regard<br />
to its principles of conflicts of law.<br />
11.2. If the parties are unable to resolve their dispute through bona fide negotiations,<br />
all disputes, controversies or claims under or relating to or arising out<br />
of or in connection with these Conditions shall be finally settled by arbitration<br />
in accordance with the Rules of the Arbitration Institute of the Stockholm<br />
Chamber of Commerce. The place of arbitration shall be Stockholm. The<br />
proceedings shall be conducted in the English language and the award shall be<br />
final and binding upon the Parties.