Purpose of the Agreement
The Seller sells and the Buyer purchases products under the terms and conditions specified in the Agreement and on the basis of the price list established by the Seller (hereinafter referred to as “Goods”), the quantity of which is specified in the order (hereinafter referred to as the “Order”) submitted by the Buyer and executed by the Seller.
Price and payment procedure
2.1. The Buyer pays for the delivered Goods on the basis of invoices submitted by the Seller to the Buyer. Payment is a transaction of the amount due to the bank account of the Seller or payment of the amount in cash to the Seller. The payment deadline shall be prepayment from the date of issue of the invoice (hereinafter referred to as the “Payment Deadline”).
2.2. Interest on overdue invoices shall be calculated at 0,1% of the amount outstanding per day.
2.3. Prices shown in the price list do not include VAT. The current sales tax is added to the prices shown on the invoice and is due by the Buyer.
Credit limit
The credit limit is available in a written agreement
Transfer and transport of Goods
4.1. The Parties agree on the place of delivery of the Goods on a case-by-case basis for each order.
4.2. Upon delivery of the Goods, the authorized representative of the Buyer shall issue a signature to the document (invoice or delivery note) certifying the delivery/receipt.
4.3. The risk of destruction of the Goods will be transferred to the Buyer upon delivery of the Goods from the Seller to the Buyer at the place specified in clause 4.1 of the Agreement.
4.4. The transport of Goods is agreed upon by the Parties separately. If the services of a courier company are used for the transport of Goods, the Seller is entitled to include the cost of transport in the invoice, according to the price list.
Ban on resale
The Buyer may not sell the Goods to third parties without the written permission of the Seller.
Transfer of ownership
Non-fulfillment
Ownership of the Goods will be transferred to the Buyer after full payment of the Goods delivered on the basis of the corresponding order.Force majeure
Non-performance or non-fulfillment of obligations arising from the Agreement shall not be considered as a breach of the Agreement, and the performance of the obligations shall be deferred as the case may be if this is due to circumstances which the Parties did not foresee or could not foresee. Without prejudice in any way to the general nature of the above, such circumstances include natural disasters, mass unrest, war, embargo, or reclamation (the result of government action).
Applicable law The Agreement has been drawn up in accordance with the laws in force in the Republic of Estonia, which is also applicable to the Agreement
Dispute settlement
Any disputes arising from the Agreement which cannot be resolved by the Agreement between the Parties shall be settled at the Kentmann Courthouse of the Harju County Court.