General sales terms and conditions – 2021 Rev. 1 Page 1/3
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Preamble
These General Conditions shall apply
when the parties agree in writing or
otherwise thereto. Deviations from the
Conditions shall not apply unless agreed in
writing.

Packaging
Prices quoted in offers and agreements
shall, unless otherwise specified, be deemed
to include the Seller´s standard packaging.

Quantity and weight
Reservations regarding deviations from
the agreed weight or quantity shall not be
valid unless expressly agreed between the
parties.

Product information
Data contained in product information
and price lists are binding only to the extent,
that they are by reference expressly
included in the contract.

Delivery
Where a trade term has been agreed, it
shall be interpreted in accordance with the
INCOTERMS in force at the formation of the
contract. If no trade term is specifically
agreed the delivery shall be considered to be
Ex Works.

Time for delivery – delay
If delay in delivery is caused by a
circumstance which under Clause 18 shall be
considered a case of relief or by an act or
omission on the part of the Buyer, the time
for delivery shall be extended by a period
which is reasonable having regard to the
circumstances in case. The time for delivery
shall be extended even if the reason for
delay occurs after the originally agreed time
for delivery.

If the seller fails to deliver the goods on
time, the Buyer may by written notice to the
Seller fix a final reasonable time for delivery
and inform the Seller of his intention to
terminate the contract unless delivery takes
place within such final time. If delivery has
not taken place within such final time, the
Purchaser shall be entitled to terminate the
contract by written notice to the Seller.

If the delay is such as to significantly deprive the
Buyer of the benefit of the contract, or if it is
clear from the circumstances that such a
delay will occur the Buyer may forthwith
terminate the contract by written notice to
the seller.

If the buyer terminates the contract in
accordance with Clause 7, he shall not be
entitled to compensation from the Seller for
the increased cost that he incurs in
procuring corresponding goods from
another source. Any other claim from the
Buyer in respect of the Seller´s failure to
deliver in time is hereby expressly excluded.
If the Buyer does not terminate the contract,
he shall not, unless otherwise specifically
agreed, be entitled to any compensation for
the Seller´s failure to deliver in time.

Payment
Unless otherwise agreed, payments shall
be made 30 days after delivery and sending
of the invoice. If the Buyer fails to take
delivery on the agreed date, payment shall
nevertheless be made as if delivery had
taken place according to the contract.

  1. If the Buyer fails to pay by the agreed
    date, the Seller shall be entitled to interest
    from the day on which payment became due
    at the rate of 1,5 % per month.
  2. If the Buyer has not paid the amount due
    within three months the Seller shall be
    entitled to terminate the contract by written
    notice to the Buyer.

    Retention of Title
    The goods shall remain the property of
    the Seller until paid for in full to the extent
    that such retention of title is valid under the
    applicable law.

    Liability for defects
    During a period of two years after
    delivery the Seller undertakes to deliver new
    goods in replacement of any goods which
    are defective as a result of faulty design,
    ageing or workmanship. The new goods
    shall be delivered in accordance with the
    delivery terms that were originally agreed
    for the faulty product that is being replaced,
    including, but not limited to, delivery to the
    same point of delivery as the faulty product
    was originally delivered to. Products are
    holding a batch number, which totally
    identifies the production date. Only goods
    with intact batch numbers can be replaced.

    The Buyer shall without undue delay
    notify the Seller in writing of any defects in
    the goods. If the Buyer fails to do so he shall
    forfeit his right to delivery of replacement
    goods under Clause 13.
    If the Seller after having received the
    Buyer´s notice under Clause 14 fails to
    deliver replacement goods within a
    reasonable time, the Buyer may by written
    notice terminate the contract in respect of
    the defective goods.

    If the Buyer terminates the contract he shall
    not be entitled to compensation from the
    Seller for any increased cost that he incurs in
    procuring corresponding goods from
    another source.

    Same as stipulated in Clauses 13 and 15
    the Seller shall have no liability for defects or
    for failure to deliver replacements goods.
    This applies to any loss the defect may
    cause, including but not limited to loss of
    production, loss of profit and any other
    consequential economic loss. This limitation
    of the Seller´s liability shall however, not
    apply if he has been guilty of gross
    negligence.

    Liability for damage to property, caused
    by the goods

    The Buyer shall indemnify and hold the
    Seller harmless to the extent that the Seller
    incurs liability towards any third party in
    respect of any damage for which the Seller
    according to the second and third
    paragraphs of this Clause is not liable
    towards the Buyer:

    The Seller shall not be liable for loss or
    damage caused by the goods

    a) to any (movable or immovable)
    property where the damage occurs
    while the goods are in the Buyer´s
    possession, or

    b) to products manufactured by the
    Buyer or to products of which the
    Buyer´s products form a part or for
    loss or damage to any property,
    where the damage is caused by
    these products because of the
    goods.

    The Seller shall under no circumstances be
    liable for loss of production, loss of profit or
    any other consequential economic loss.
    The above limitations in the Seller´s liability
    shall not apply where the Seller has been
    guilty of gross negligence.
    If a claim for loss or damage as described in
    this Clause is raised by a third party against
    either party to the contract, the latter shall
    forthwith notify the other party thereof.
    The Seller and the Buyer shall be mutually
    obliged to let themselves be summoned to
    the court or arbitral tribunal which examines
    claims against either of them, where the
    claim is based on damage alleged to have
    been caused by the goods. The liability as
    between the Seller and the Buyer shall
    however always be settled by arbitration in
    accordance with Clause 20.

    Grounds for relief (force majeure)

    The following circumstances shall be
    considered as grounds for relief if they
    impede the performance of the contract or
    makes performance unreasonably onerous:
    industrial disputes and any other
    circumstance beyond the control of the
    parties such as fire, war, mobilization or
    military call up of a comparable scope,
    requisition, seizure, currency restrictions,
    insurrection and civil commotion, shortage
    of transport, general shortage of materials,
    restrictions in the use of power and defects
    or delays in deliveries by sub-contractors
    caused by any such circumstance as
    referred to in this Clause.

    The above described circumstances shall
    constitute grounds for relief only if their
    effect on the performance of the contract
    could not be foreseen at the time of
    formation of the contract.

    The party intending to claim relief shall
    notify the other party in writing without
    delay on the occurrence and on the
    cessation of such circumstance. If a ground
    for relief does not cease within three
    months either party may terminate the
    contract by written notice to the other party.

    Disputes, applicable law
    Disputes arising out of or in connection
    with the contract shall not be brought
    before the court, but shall be finally settled
    by arbitration in accordance with the law on
    arbitration applicable in the Seller´s country.
    All disputes arising out of the contract
    shall be judged according to the law of the
    Seller´s country.

    Bogense, Denmark 1st. Jan 2021.
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