Page 151 - Superior Abrasives sold by All Industrial Tool Supply
P. 151

All goods supplied shall remain our property until all our
            claims, in particular any remaining claims against the buy-
            er, are met (paid) in full.  This shall apply even if payment
            of specially designated claims is made.  The orderer shall
            be entitled to resell the goods supplied by us within the
            normal course of business; but shall assign to us all claims
            up to the amount of the final invoice amount (including val-
            ue-added tax) that will accrue to him from the resale to his
            buyers or third parties.  We agree to release upon the buy-
            er’s request the securities due to us to such an extent that
            the value of our securities exceeds the claims to be secured
            by more than twenty (20) percent; we shall be entitled to
            select the securities to be released.  If the orderer suspends
            his payments, we shall be entitled to take back the goods
            against issuing a credit note.  The buyer shall be obliged
            to surrender the goods.  If we exercise our reservations of
            ownership, this shall not mean that we withdraw from the
            contract.  Moreover, we shall be entitled to withdraw from
            the fulfilment of further existing delivery obligations.

            10. LIMITED WARRANTY
            Superior  Abrasives, LLC. warrants  that its  products  shall
            be free from defects in material and workmanship under
            normal and ordinary usage when owned by the original
            purchaser for a period of six months from the date such
            products are shipped from Superior’s factory.  Any claim
            for breach of Warranty must be brought within 30 days
            after customer’s receipt of the product and customer must
            cease use of the product pending Superior’s substantia-
            tion of any warranty claim.  In the event a product defect
            shall occur, Superior shall, at its option, repair or replace
            the defective product(s) or, upon return of such product(s),
            cancel the transaction and refund to customer any amount
            previously paid therefor.

            THIS WARRANTY  EXPRESSLY  IS  MADE IN LIEU OF
            ANY AND ALL OTHER WARRANTIES,  EXPRESS  OR
            IMPLIED INCLUDING THE WARRANTIES  OF  MER-
            CHANTABILITY AND FITNESS FOR A PARTICULAR
            PURPOSE.  SUPERIOR ABRASIVES, LLC.’S EXCLUSIVE
            DUTIES TO PURCHASERS OF ITS PRODUCTS WILL BE
            AS HEREINABOVE PROVIDED.  CUSTOMERS SHALL
            HAVE NO CLAIM  AGAINST  SUPERIOR  FOR  INCI-                  PRODUCT GUIDE & REFERENCE MANUAL 26
            DENTAL OR CONSEQUENTIAL DAMAGES.                                    Supersedes all previous literature
                                                                                    Reorder Number 70600
            11. SAFETY WARNING
            Coated, bonded and non-woven abrasives are dangerous                  SUPERIOR ABRASIVES, LLC
            if used improperly.  Please comply with all safety regula-
            tions set by the AMERICAN NATIONAL STANDARDS IN-                         1620 Fieldstone Way
            STITUTE (ANSI) Z87.1, also by OCCUPATIONAL SAFETY                        Vandalia, OH 45377
            AND HEALTH ACT (OSHA); covering eye face and body                        Call: (800) 235-9123
            protection, wheel and discs speeds safety guards, flanges,               Fax: (800) 841-3441
            mounting and operating procedures.                                   sales@superiorabrasives.com




                                                                            ©2018 Superior Abrasives, LLC. All rights reserved.
   146   147   148   149   150   151   152