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Sales Terms & Conditions Goods supplied on credit are sold subject to the standard terms and conditions of Blackstone set out on the invoice for those goods. Unless otherwise specified, all prices are quoted nett ex-works Singapore excluding freight, carriage, insurance and non-standard packaging charges. Goods supplied on credit must be paid in full within the stipulated term from the date of invoice in which the goods are supplied and Blackstone reserves the rights to charge the interest at the rate of 1.5% per month on all amounts outstanding after the due payment date. If such interest is chargeable, it shall be for the period commencing from due payment date to the date of actual payment. Goods sold are not returnable. Order is considered confirmed when it is received in the form of facsimile, official purchase order, and e-mail. A cancellation charge of 25% of the purchase order amount
is applied if purchase order is cancelled within 3 days from date of receiving
purchase order. RESERVATION OF TITLE Customers shall properly secure, insure and account for the goods while they are in their possession and shall be kept them separate from other goods until they have been paid for in full. Should a receiver or a receiver and manager or a liquidator be appointed to buyer, or should bankruptcy proceedings be commenced against the buyer, customer should undertake to inform Blackstone immediately and acknowledge that all amounts then outstanding shall become immediately due and payable. Blackstone is hereby authorized to recover any goods for which payment is still outstanding, and for that purpose may enter any premises where those goods are stored. INTELLECTUAL PROPERTY All Blackstone specifications, software, firmware, drawings and technical details submitted with, in support or in connection with our quotation are our exclusive copyright property and material. All such material, information and application knowledge, whenever supplied, shall at all times be treated by the buyer or its employees or authorized persons, as confidential and shall not be used, without Blackstone consent. DISPUTES & ARBITRATIONS
Services perform are subject to the standard terms and conditions of Blackstone set out below. Services performed must be paid in full within the stipulated term from the date of invoice. Blackstone reserves the rights to charge the interest at the rate of 1.5% per month on all amounts outstanding after the due payment date. If such interest is chargeable, it shall be for the period commencing from due payment date to the date of actual payment. Order is considered confirmed when it is received in the form of facsimile,
official purchase order, and e-mail. Service Rate:
RESERVATION OF TITLE Customers shall properly secure, insure and account for the goods while they are in their possession and shall be kept them separate from other goods until they have been paid for in full. Should a receiver or a receiver and manager or a liquidator be appointed to buyer, or should bankruptcy proceedings be commenced against the buyer, customer should undertake to inform Blackstone immediately and acknowledge that all amounts then outstanding shall become immediately due and payable. Blackstone is hereby authorized to recover any goods for which payment is still outstanding, and for that purpose may enter any premises where those goods are stored. INTELLECTUAL PROPERTY All Blackstone specifications, software, firmware, drawings and technical details submitted with, in support or in connection with our quotation are our exclusive copyright property and material. All such material, information and application knowledge, whenever supplied, shall at all times be treated by the buyer or its employees or authorized persons, as confidential and shall not be used, without Blackstone consent. DISPUTES & ARBITRATIONS Limited Warranty Blackstone switchgears are manufactured to meet or exceed installation specifications and requirements. Every system is tested at Blackstone factory. COVERAGE DURATION OWNER RESPONSIBILITIES WARRANTY LIMITATIONS This warranty applies to original owner and cannot be transferred without the written approval from Blackstone factory. Transportation and shipping costs are not covered by this warranty. Investigative labour will not be covered by this warranty if the Blackstone product in question proves to be functioning properly or, if the service is caused by the failure to meet owner’s responsibility. Blackstone has the right to charge man-hour rate. This warranty does not cover routine maintenance or expendable parts such as light bulbs, fuses and the like. Failure of components where preventive maintenance is required (such as circuit breakers) and where such maintenance is not performed and documented will not be covered. Blackstone will not pay for installation or removal of product during warranty repair. Blackstone does not authorize any person to alter this warranty, and/or assume any other obligations or liability on its behalf unless otherwise stated in the contract. Customer acceptance does not alter the start-up date. This warranty does not cover incidental or consequential damages including but not limited to rental equipment and/or any expenses, losses, or costs due to down time of product. All implied warranties including the warranties of merchantability and fitness for use are limited to a period of one year from the date of shipping from factory. Blackstone will not pay for freight or customs charges on replacements
for international sales.
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