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Purchase Agreement
7. Authority. No agreement, statement or warranty made by a real or alleged agent, employee, or representative of Seller regarding the goods sold hereunder shall bind Seller. 8. Re-Sale of Goods. If Buyer defaults on any of its obligations hereunder, Seller shall have the right, but not the obligation, to sell the products ordered to a third party at the same price as under this contract. Buyer shall remain liable for any damages, including consequential damages, resulting from such default. 9. Limited Warranty. The Goods furnished under this Agreement is warranted
to be free from defects in materials and workmanship for a warranty period
of one year from the date of shipment from Seller’s facilities,
and such warranty shall be limited to repairing or replacing, at Seller’s
sole discretion, products evidenced to be defective within such one year
period. OTHER THAN AS SET FORTH ABOVE, THERE ARE NO WARRANTIES, CONDITIONS
OR REPRESENTATIONS, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO
IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
By installing the product, Buyer has constituted acceptance of materials. 11. Rejection of Nonconforming Goods. Except where this Contract may expressly provide otherwise, the Georgia Uniform Commercial Code shall govern Claims for shortages or any rejection of goods for nonconformity with the requirements of the contract. Such Claims must be reported within twenty-four (24) hours to Seller and must be made to Seller in writing within five (5) days after delivery of shipment (which the Parties agree is a reasonable time) or claim shall be conclusively waived. The notification shall state the basis of the alleged nonconformity and a description of the portion of the shipment being rejected. Within five (5) days following the notification, the Seller may have an agent inspect the goods for nonconformity. 12. Termination on Contingency. This contract will be terminated automatically
with respect to the delivery of, or payment for, any Goods not yet delivered
when any of following contingencies occur: Shutdown of Buyer’s or
Seller’s business; and any formal, informal, voluntary, or involuntary
action, whether conducted privately or in court, by either party resulting
in the surrender of any substantial degree of business management for
the benefit of creditors [non-payment within a number of days of the order?]
14. Indemnification. Buyer shall indemnify and hold Seller, its parents, subsidiaries, affiliates and all officers, directors, employees and representatives of the foregoing free and harmless from any and all claims, demands, loss, liability or expenses, including reasonable attorney’s and court fees, resulting from (i) the injury to or death of any person or persons and (ii) damage to property of any person relating to the Goods purchased hereunder which injury or damage is caused by or arises out of the negligence of Buyer, the improper installation of the Goods by Buyer or its agents, or the condition of Buyer’s property. 15. Costs of Action. In the event Buyer in any manner defaults or breaches the terms and conditions of this Agreement, or threatens to do same, or in the event it becomes necessary for Seller to employ an attorney to enforce any provision of this Agreement, obtain injunctive relief, collect damages on account of a breach or threatened breach of this Agreement, or if Seller prevails in a tort action commenced by Buyer against Seller, Buyer shall reimburse Seller for Seller's attorney fees and other court costs. 16. Severability. If any part, term or provision of this Agreement shall be determined by any court to be invalid or unenforceable, all of the remaining provisions nevertheless shall remain valid and effective as it is the intention of the parties that each provision hereof is being agreed upon separately. 17. Governing Law. This Agreement shall be construed and enforced in all respects in accordance with the laws of the State of Georgia applicable to agreements made and entirely to be performed in Georgia without resort to its conflict of law provisions. 18. Venue. Buyer agrees that any action at law or in equity arising
out of or relating to the terms of this Agreement shall be filed and adjudicated
only in the federal or state courts located in Carroll County, Georgia,
and Buyer and Seller hereby irrevocably and unconditionally consent and
submit to the exclusive jurisdiction and venue of such court or any suit,
action or procedure arising out of this Agreement. 20. Binding Effect. The provisions of this Agreement shall be binding upon and shall inure to the benefit of both parties and their respective successors and assigns. 21. Assignment. This Agreement cannot and shall not be assigned or transferred, by operation of law or otherwise, without the express prior written consent of the other parties hereto. 22. Parties In Interest. Nothing express or implied herein is intended, or shall be construed to confer upon any person or entity other than the parties hereto any rights or remedies hereunder. 23. Headings. Headings in this Agreement are for convenience only and should not be used to interpret or construe the provisions there under. 24. Singular and Plural. Unless the context requires otherwise, wherever used herein, the singular shall include the plural and vise versa and the user of one gender shall denote the others where appropriate. 25. Entire Agreement. This Agreement constitutes the entire agreement
of the parties pertaining to the subject matter contained herein and supersedes
all prior and contemporaneous agreements, including, without limitation,
any representations and understandings of the parties, both written and
oral, other than as expressly referenced herein, and where appropriate,
delivered at closing. No supplement, modification, or amendment of this
Agreement shall be binding unless executed in writing and which specifically
refers to this Agreement and states that an amendment or modification
is being made in the respects as set forth in such instrument and is made
by the parties hereto. |
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