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e-l-m Pricebook 2018-01

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8. Returned goods<br />

8.1 ELM shall only accept returned Products in unused and undamaged condition, after ELM has given prior written consent, and<br />

only if freight and handling fees are paid.<br />

9. Defects<br />

9.1 Immediately after delivery, the Customer shall check that the Products are in accordance with the Contract. Visible defects must<br />

be reported immediately, and not later than two days after the delivery of the Product.<br />

9.2 The Customer may only make claims for concealed defects in the Product if ELM is notified of them immediately in writing, and<br />

not later than eight days after the Customer has or ought to have discovered the defect in question.<br />

9.3 If the Customer has allowed a third party to remedy a defect in the Product, or has remedied the defect himself, without the<br />

prior consent of ELM, then the Customer may not claim cover for the resulting expenses from ELM, and ELM shall not be held liable<br />

for the defect in question.<br />

9.4 In no case shall ELM be held liable for defects which appear 12 months after the delivery of the Product, or if earlier, after the<br />

time when Products have been in use for 1200 running hours.<br />

9.5 ELM shall not be liable for defects due to the Customer’s situation, including installation, violence, overloading, unskilled or<br />

incorrect handling, inadequate maintenance, or errors in the information ELM has received from the Customer.<br />

10. Injury caused by a defective product<br />

10.1 The Customer shall accept the obligation to appear as co-defendant if action is taken through the court or an arbitration<br />

tribunal against ELM, claiming compensation for damage or loss which is claimed to have been caused by a Product while it was in<br />

the Customer’s possession.<br />

10.2 ELM alone shall be liable for damage to the Customer’s property before the Product is handed over, if it can be proved that<br />

the damage in connection with the workmanship of the Product is due to negligence on the part of ELM or of a person for whom<br />

ELM is responsible.<br />

11. Liability<br />

11.1 ELM shall not under any circumstances be liable for the Customer’s operational loss, loss of earnings or other consequential<br />

financial loss and/or indirect loss in connection with ELM’s delivery of the Product or otherwise with reference to the Contract.<br />

11.2 ELM’s liability to the Customer with reference to the Contract (including legal costs, the cost of remedying the defect etc.) shall<br />

as a maximum amount to 15% of the purchase price with reference to the Contract, except in cases where ELM has acted grossly<br />

negligently or deliberately.<br />

12. Force Majeure<br />

12.1 ELM shall not be liable for failure to perform the Contract to the extent that performance of the Contract is delayed, affected<br />

or hindered by an event beyond ELM’s control, and which could not reasonably have been foreseen (“force majeure”), including,<br />

but not limited to war, lock-out, strike, mobilisation, requisition, currency restrictions or similar events. If the force majeure<br />

situation lasts for more than 120 days, the Customer shall be entitled to withdraw from the Contract, but without entitlement to<br />

claim compensation from ELM for that reason. ELM shall immediately inform the Customer of the occurrence of any force majeure<br />

situation, and its expected duration.<br />

13. Assignment and sub-contractors<br />

13.1 ELM shall be entitled to make use of sub-contractors in connection with delivering the Product, and shall be entitled at any time to<br />

assign its rights and obligations with reference to Contracts wholly or partially to third parties without seeking the Customer’s consent.<br />

13.2 The Customer shall not be entitled to assign its rights under Contracts wholly or partially to third parties without the prior<br />

written consent of ELM. This shall apply equally to any change of control or ownership of the Customer, including those resulting<br />

from mergers, demergers or other restructuring under company law.<br />

14. Partial invalidity<br />

14.1 If one or more of the stipulations in these terms of sale and delivery should be declared invalid or unenforceable, the remaining<br />

stipulations of these terms of sale and delivery shall not be affected.<br />

15. Disputes and governing law<br />

15.1 If in connection with – or derived from – Contracts, e.g. with regard to entering into contracts or their construction or performance,<br />

any disputes arise, they shall be settled subject to Danish law, apart from the rules of private international law on the choice of<br />

governing law and venue; and disputes shall be settled finally, with binding effect, in the ordinary Danish courts. The City Court in<br />

Aarhus shall be the lawful venue.<br />

E.L.M., Kragelund A/S<br />

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