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AVERSE | FW18/19 Lookbook

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<strong>AVERSE</strong> – GENERAL SALES CONDITIONS<br />

DEFINITION<br />

<strong>AVERSE</strong> will be designated by GBTX Lda. (company owner of the brand),<br />

that stablishes a contract with the Person/Company called as “Buyer”.<br />

CLAUSE 1 – ORDER CONDITIONS:<br />

1. The Minimum order amount is 1.000€<br />

Shipping Costs are supported by the buyer in order under 5.000€.<br />

Shipping Costs are included in orders over 5.000€ (Customs Costs not included).<br />

GBTX Lda reserves the right to cancel any reference which won’t<br />

reach the minimum in production, the detail will be informed in advance.<br />

2. Payment Conditions:<br />

a. 30% for order confirmation (any order unpaid, will be automatically<br />

cancelled);<br />

b. Remaining 70% must be paid with the shipment.<br />

3. Payment options:<br />

Bank transfer (administrative charges are client’s responsibility)<br />

CLAUSE 2 - CONTRACTUAL MODIFICATIONS<br />

1. The present general sales conditions will be jointly applicable with any<br />

special sales conditions that may be established that do not annul them.<br />

2. 2.Any special sales conditions that may be introduced must be put in<br />

writing and be expressly confirmed by GBTX, LDA.<br />

CLAUSE 3 - ESTABLISHMENT OF THE CONTRACT<br />

1. The sales contract whose regulations are set out here will be considered<br />

to be fully, definitively and validly agreed when the proponent — buyer<br />

accepts the confirmation of the order in any way. Such acceptance constitutes<br />

express acceptance of all the conditions contained in the order.<br />

CLAUSE 4 - RIGHT TO INFORMATION<br />

1. Both of the contracting parties have the obligation to provide the other<br />

party with the information and data that are relevant to the establishment,<br />

execution and application of the present contract.<br />

CLAUSE 5 - DELIVERY DEADLINE<br />

1. Except if, from the special conditions expressly set out, it is clear that<br />

the attainment of the delivery deadline is essential for the complete fulfilment<br />

of the contract, it will be considered that the delivery deadline<br />

given is merely indicative.<br />

CLAUSE 6 - TRANSPORT OF GOODS<br />

1. GBTX, LDA. will inform the Buyer of the date on which the goods were<br />

delivered to the transport company, ensuring that the goods are accompanied<br />

by the necessary documentation.<br />

CLAUSE 7 - DELIVERY<br />

1. The goods shall be deemed as having been delivered:<br />

a. when collected directly by the purchaser or by a third party mandated<br />

by the former for this purpose, on the day on which the purchaser or<br />

said third party takes possession of the goods;<br />

b. when transported by GBTX, LDA. at the time it is made available to the<br />

purchaser or any third party mandated by the former for this purpose.<br />

CLAUSE 8 - RISK TRANSFER<br />

1. Unless other provisions are expressly agreed in writing, the risks inherent<br />

to any total or partial loss or total or partial deterioration of the<br />

goods shall be born by the purchaser from the moment at which they<br />

leave the premises of GBTX, LDA.<br />

CLAUSE 9 - FORCE MAJEURE AND CHANGE OF CIRCUMSTANCES<br />

1. The deliveries of goods may be totally or partially suspended during<br />

any period in which there may be impediments to manufacturing, supplying<br />

or delivery for reasons and circumstances that are outside the<br />

control of GBTX, LDA. In such circumstances GBTX, LDA. will not be liable<br />

to the Buyer for the non-delivery of the goods under the conditions<br />

that we agreed previously.<br />

2. Any substantial and abnormal change in the circumstances abiding<br />

at the time when this agreement was entered shall entitle GBTX, LDA.<br />

to amend those essential elements of the agreement that are directly<br />

or indirectly affected by such change of circumstance, for example, with<br />

regard to the price, conditions of delivery, insurance and transport, or to<br />

terminate the agreement, implementing this amendment or termination<br />

by notice thereof to the other party.<br />

CLAUSE 10 - QUALITY<br />

1. Unless expressly declared to the contrary, the goods supplied in the<br />

terms of the present contracts will be of normal manufacture — “standard”.<br />

Excluded from this clause are all guarantees and conditions expressly<br />

foreseen and specified for the other purposes previously established.<br />

2. Any product that GBTX, LDA. agrees not to reach normal quality levels<br />

will be substituted but this cannot be considered as the basis for a claim<br />

for losses, damages or expenses. Lack of quality in a delivery batch will<br />

not constitute a reason for terminating the contract.<br />

CLAUSE 11 - INSPECTION AND COMMUNICATION OF COMPLAINTS<br />

1. It is the Buyer’s obligation to make a rigorous survey and inspection of<br />

the goods immediately after receiving them and before using them in a<br />

product process or putting them up for sale.<br />

2. Complaints regarding defects in the goods will be sent in writing to<br />

GBTX, LDA. in the 15 days following the receipt of the goods.<br />

3. The complaint made by the Buyer must list the defects detected in<br />

detail.<br />

4. The Buyer has the obligation to keep the goods in more or less the<br />

state in which it received them during all the time that it has the goods<br />

in its possessions.<br />

5. GBTX, LDA. will analyse the basis and the reasons for the complaint by<br />

carrying out its own inspection of the goods and comparing its findings<br />

with the specifications mentioned by the buyer in the order proposal.<br />

GBTX, LDA. will issue a statement on its findings in a reasonable time<br />

period.<br />

CLAUSE 12 - PAYMENT<br />

1. The payment of the price will be done according to the special conditions<br />

that have been previously and specifically agreed.<br />

2. Should no conditions have been fixed in terms of the previous number,<br />

the payment of the price will be made within thirty days of the delivery<br />

of the goods.<br />

3. Should the goods be delivered in batches, the payments for each<br />

batch in the terms previously and expressly agreed will be a condition<br />

that must be fulfilled before the following batches will be delivered.<br />

4. If the Buyer fails to pay for a batch, GBTX, LDA. reserves the right to<br />

cancel the remaining batch deliveries or to demand full and prior payment<br />

for them.<br />

CLAUSE 13 - OWNERSHIP OF GOODS<br />

1. The ownership of the goods will be transmitted from GBTX, LDA. to the<br />

Buyer only when the price of the goods has been fully paid, even after it<br />

has been used or transformed by it or by third party, thus constituting a<br />

reservation of ownership extending to the last user or consumer.<br />

2. The Buyer must inform any third parties of the existence of the extended<br />

reservation of ownership in favour of GBTX, LDA. constituted in<br />

the above section.<br />

CLAUSE 14 - INSURANCE OF GOODS<br />

1. The Buyer must take out insurance covering the goods in favour of<br />

GBTX, LDA. with shall remain in force until the price of the goods has<br />

been paid in full.<br />

2. Any loss or deterioration of the goods that occurs after the transfer<br />

of the risk to the buyer does not free it from the obligation to pay the<br />

price of the goods.<br />

3. Should either contracting party not fulfil the provisions of number one<br />

of the present clause it must compensate the other party for damages<br />

that have been caused to the latter due to such non-fulfilment.<br />

CLAUSE 15 - RIGHT TO TERMINATE THE CONTRACT<br />

1. Only a fundamental violation of the contract that unequivocally leads<br />

to major losses for the other contracting party gives the latter the right<br />

to terminate the contract.<br />

2. In addition to other situations foreseen in the clauses, in the law, and<br />

in normal applicable practice, GBTX, LDA. can terminate the contract<br />

and cancel all the deliveries related to it should there be total or partial<br />

non-payment by the Buyer or insolvency, liquidation, bankruptcy on the<br />

Buyer’s part or should the guarantee provided by the Buyer be lessened;<br />

3. The contracting party that wishes to exercise the right to terminate the<br />

contract for a reason attributable to the other contracting party confers<br />

on itself the right to demand compensation for losses and damages from<br />

the latter;<br />

4. If the buyer wishes to terminate the contract it must return the goods<br />

in more or less the same condition in which it received them. The Buyer<br />

will lose the right to terminate the contract should it not be possible to<br />

return the goods in such condition, unless the inability to do so cannot<br />

be attributed to it.<br />

CLAUSE 16 - EXONERATION<br />

1. GBTX, LDA. is considered to be exonerated from the fulfilment of its<br />

obligations should the Buyer have previously defaulted on its obligations.<br />

CLAUSE 17 - APPLICABLE LAX AND COURT<br />

1. The provisions of Portuguese law will be applicable to situations not<br />

specifically covered in the contract. The competent court for resolving<br />

any dispute that may arise from the contract is the Barcelos court in<br />

Portugal.<br />

CLAUSE 18 - DOMICILE FOR PURPOSE OF AGREEMENT<br />

1. The parties agree that the domicile/registered offices for the purposes<br />

of legal summons/notifications are those appearing in the invoice or any<br />

other address communicated in writing to the other party in the context<br />

of this agreement.<br />

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