GENERAL SALES CONDITIONS
The present order will be effective only after acceptance of KAIGAN Co.
Our goods travel at the risk and the peril of the adress, even when shipped carriage paid. For any claim to be valid, it must be receveid within one week of delivery. In the even of any dispute whatsoever, sole competence shall be attributed to the Marseille chamber of Commerce. This attribution of jurisdiction shall be accepted by our customers simply by the fact they do business with us.
It is explicity agreed that where the goods are not paid at due date, after formal notice sent by registered letter with returned- receipt, the following shall apply:
- conventionary interest at the rate 1,5% per month late;
- compensation equal to 15% of the sums due in terms of the penalty clause;
- cancellation of any part of the sale which have not been delivered in full where KAIGAN Co. So thinks fit, with no need for for ny egal formality;
- The following ownership clause.
Reserve of ownership clause (Law n°80-335 of 12-05-80)
"All the goods sols shall remain the property of our compagny until the invoice has been paid in full. However, as from the date of delivery, the purchaser shall be responsible for any damage to the said goods and the insurance cost shall be incumbent thereon."