TERMS AND CONDITIONS OF SALE
TERMS 30 day NET unless otherwise stated
on invoice. A late
charge of 1 ½% per month (18% per annum) will be levied on
all accounts unpaid after 30 days. Buyer agrees to pay all
costs of collecting or attempting to collect unpaid accounts, including
a reasonable attorney’s fee.
Claims for shortages must be made within 24 hours of delivery.
No material is to be returned without authorization. All returns
must be identified with Buyer’s purchase order number, Seller’s
invoice number, and respective dates. All returns are subject
to inspection and acceptance by Seller and any reconditioning and/or
freight charges involved will be for Buyer’s account. All
returns will be subject to a minimum 10% handling charge; special
order items are not subject to cancellation or return.
Buyer represents that it has paid all sales
taxes (State, County, City, or otherwise) imposed with respect
to the sale described herein. Buyer
agrees to indemnify and hold harmless Gulf Coast Marine Supply Co.
(“Seller”), its successors and assigns, from any and
all claims, assessments, payments, interest and penalties arising
out of any such unpaid sales taxes and Buyer further agrees to pay
all such sums upon demand by Seller, including any attorney fees
and other expenses incurred by Seller in enforcing its rights hereunder.
Prices are those in effect at time of shipment and subject to change
Gulf Coast Marine Supply Co. makes no warranties,
expressed or implied, on the products sold herewith, nor does Gulf
Coast Marine Supply Co. warrant the fitness of a product for a particular
sale carries only the warranties, if any, that have been made by
the manufacturer of the goods described in this sales order or invoice. Seller’s
liability for damages, as a seller, is limited to the prices of material
COMPLIANCE WITH FEDERAL LAWS AND REGULATIONS
This purchase order is subject to executive
order 11246 and Federal regulations contained in 41 C.F.R. Parts
60-1, 60-741, and 50-250. Gulf
Coast Marine Supply Company hereby certifies that it is an equal
opportunity employer and in compliance with all applicable provisions
of E.O. 11246 and the cited Federal Regulations. By accepting
this purchase order you indicate your compliance with same to the
extent applicable to your organization.