GENERAL CONDITIONS FOR THE SUPPLY OF PRODUCTS AND SERVICES (hereinafter referred to as the “General Conditions”)
 

I  APPLICABILITY
1. These General Conditions shall apply to all supplies of products and services (hereinafter referred to as the "Product") by NISSENS A/S and/or any subsidiary/affiliate hereof (hereinafter referred to as "NISSENS"), unless otherwise agreed in writing.
2. These General Conditions shall apply together with any sales and/or supply contract between NISSENS and  Purchaser (hereinafter referred to as the "Contract").
In case of any discrepancy or inconsistency between the Contract and these General Conditions, the Contract shall prevail.
 

II  PRODUCT INFORMATION
3. Only information and data included in the Contract and/or the General Conditions are binding on NISSENS. All information and data contained in product brochures, price lists or any other documents are binding only to the extent that they are by reference expressly incorporated into the Contract.
 

III  DRAWINGS AND DESCRIPTIONS
4. All drawings and technical descriptions related to the Product and submitted by NISSENS shall remain the property of NISSENS. Such drawings or technical descriptions shall only be used for the purpose for which they are provided and may not be copied or communicated to any third party without NISSENS’ written consent.

IV  DELIVERY
5. Any trade term agreed in the Contract shall be construed in accordance with INCOTERMS 2000.
Unless otherwise agreed in writing, all deliveries by NISSENS shall be Ex Works (INCOTERMS 2000).
Delivery by instalments by NISSENS shall be permitted unless otherwise agreed in writing in the Contract.

V  RULES AND REQUIREMENTS
6. Any rules and/or requirements in respect of the Product laid down by any public authority shall be expressly referred to in the Contract in order to be binding in the relationship between NISSENS and Purchaser.
Purchaser bears the risk of any amendments to such rules and/or requirements after the conclusion of the Contract. In the event that such rules and/or requirements are amended after the conclusion of the Contract, NISSENS will at the request of Purchaser, but subject to price adjustments, undertake reasonable endeavours to change the Product accordingly, but nothing herein shall be construed as an obligation on NISSENS to make such change.

VI  TIME OF DELIVERY, DELAY
7. Delivery will be made no later than the date agreed in the Contract. If no time of delivery is agreed, delivery will be made on a date deemed reasonable by NISSENS.
8. In the event that delivery from NISSENS is delayed and NISSENS receives notice hereof from Purchaser or in the event that NISSENS anticipates that it will
be unable to deliver the Product on the agreed date of delivery, NISSENS shall forthwith notify Purchaser stating the reason for the delay and fix an additional period of time of reasonable length during which delivery will be made. If NISSENS does not deliver within this additional period of time, Purchaser is entitled to avoid the Contract in whole or in part.
9. The avoidance of the Contract by Purchaser shall be the sole and exclusive remedies available to Purchaser in case of delay on the part of NISSENS. Any other remedy against NISSENS based on such delay is excluded.
10. If Purchaser anticipates that he will not take delivery of the Product at the agreed time of delivery, he shall forthwith notify NISSENS thereof stating the reason and the time when he will be able to take delivery.
11. NISSENS may in connection with refusal by Purchaser to take delivery fix a final period of time of reasonable length for Purchaser to take delivery. If Purchaser fails to take delivery within such period, NISSENS may avoid the Contract in whole or in part. In addition NISSENS shall in any case be entitled to liquidated damages equal to 15 per cent of the purchase price. In the event that NISSENS incurs a loss in excess of 15 per cent of the purchase price, Purchaser shall indemnify NISSENS for any such loss.
12. If Purchaser fails to take delivery at the agreed time of delivery, he shall pay such part of the purchase price as becomes due on delivery as if delivery had taken place. NISSENS shall arrange for storage of the Product at the risk and expense of Purchaser.

VII  PAYMENT
13. Unless otherwise agreed, the purchase price shall be paid on the date of delivery.
14. Notwithstanding the means of payment, payment shall not be deemed to have been effected until the full outstanding amount has been irrevocably credited to NISSENS' account.
15. If Purchaser fails to pay on the agreed date, NISSENS shall be entitled to interest from the day on which payment was due. The rate of interest shall be CIBOR (the Copenhagen Interbank Offered Rate) + 7 per cent per annum.
In any case of late payment by Purchaser, NISSENS may at its discretion suspend performance of any of its obligations under the Contract until full and effec-tive payment has been effected. NISSENS shall forth-with give notice of the suspension to Purchaser.
16. Any delay in payment by Purchaser shall be deemed a fundamental breach entitling NISSENS to avoid the Contract and to claim damages for the loss incurred.

VIII  RETENTION OF TITLE
17. All Products shall remain the property of NISSENS until full and effective payment has been effected. The retention of title shall not affect the passing of risk.

IX  WARRANTY
18. Pursuant to Clauses 19 to 25 below, NISSENS will remedy any defect or non-conformity resulting
from faulty design, materials or workmanship (hereinafter referred to as the "Defect").
19. Purchaser shall give notice to NISSENS of any Defect immediately after he discovers or ought to have discovered the Defect. The notice shall specify the nature of the Defect and the ID number or Bar-code number on the packaging. In case that these numbers are not available, a Nissens invoice must be used as documentation that the product was purchased from NISSENS.
20. In any case, Purchaser shall give NISSENS notice of any Defect within 12 months from the date when Purchaser's product, in which the Product is installed, is put into operation, and always within 18 months from the date of delivery of the Product by NISSENS. If timely notice is not given, Purchaser loses the right to rely on any Defect.
21. NISSENS may at its discretion choose either to deliver a substitute Product or to repair any defective Product. Any repair or delivery of a substitute Product will be made at the original agreed place of delivery of the Product.
If NISSENS has not delivered a substitute Product or repaired a defective Product within a reasonable time of having received notice of the Defect, Purchaser shall by notice to NISSENS fix an additional period of
time of reasonable length for NISSENS to deliver a substitute Product or repair the Product.
If NISSENS fails to deliver a substitute Product or repair the Product within the additional period of time fixed by Purchaser, Purchaser shall be entitled to either:
a) a proportionate price reduction up to 10 per cent of the purchase price; or
b) avoid the contract provided that the Defect consti-tutes a fundamental breach by NISSENS.
22. A defective Product, or parts thereof, having been replaced by NISSENS shall be made available to NISSENS and shall be its sole property.
23. NISSENS is not liable for any damage arising out of any use of the Product not in accordance with the conditions of operation provided for in the Contract or any other improper use of the Product.
24. NISSENS excludes liability for any damage caused by lack of or faulty maintenance, incorrect installation or faulty repair by Purchaser or by any alteration carried out without NISSENS’ written consent. NISSENS is not liable for normal wear and tear or deterioration.
25. THE REMEDIES PROVIDED FOR IN CLAUSES 19 TO 24 SHALL BE EXCLUSIVE AND ARE IN LIEU OF ALL OTHER WARRANTIES WHETHER WRITTEN OR ORAL. EXCEPTED ARE SUCH WARRANTIES IMPLIED FROM THE SPECIFICATIONS AGREED UPON AND WARRANTIES REQUIRED BY MANDATORY APPLICABLE LAWS.

X  PRODUCT LIABILITY
26. NISSENS' liability for death or injury to persons or for damage to real or personal property caused by defects in the Product shall be limited to the liability prescribed by the mandatory rules of EU product liability legislation.
27. NISSENS shall not be liable for any damage to real or personal property caused by the Product after it has been delivered and whilst it is in the possession of Purchaser. NISSENS shall not be liable for any damage to products manufactured by Purchaser or to products of which Purchaser’s products form a part. NISSENS shall not incur any product liability on the basis of Danish case law or jurisprudence.
28. If NISSENS incurs liability towards any third party for any damage as described in the preceding Clauses, Purchaser shall indemnify, defend and hold NISSENS harmless.
29. If a claim in connection with such damage and/or injury as described in the three preceding Clauses is lodged by a third party against one of the parties, the latter party shall forthwith inform the other party thereof in writing.
NISSENS and Purchaser shall be mutually obliged to let themselves be summoned to a court or arbitral tribunal, examining claims for damages lodged against one of them on the basis of damage allegedly caused by the Product, always provided that such claims are based on the liability prescribed by the mandatory rules of EU product liability legislation.

XI  FORCE MAJEURE
30. Either party shall be entitled to suspend perform-ance of its obligations under the Contract to the extent that such performance is impeded or made unreasonably onerous by any of the following circumstances: fire, war (whether declared or not), military mobilization, insurrection, requisition, seizure, em-bargo, restrictions in the use of power, any industrial dispute and any defects or delays in deliveries by sub-contractors caused by any such circumstances re-ferred to in this Clause and any other circumstances that are beyond the parties' control and which affect the parties' possibilities to fulfil the Contract (hereinafter "Force Majeure").
Any circumstance referred to in this Clause whether occurring prior to or after the conclusion of the Contract shall give a right to suspension only if its effect on the performance of the Contract could not be foreseen at the time of the conclusion of the Contract.
31. A party claiming to be affected by Force Majeure shall forthwith notify the other party in writing on the intervention and on the cessation of any such circumstance.

If Force Majeure prevents Purchaser from fulfilling his obligations, he shall indemnify NISSENS for any expenses incurred in securing and protecting the Product and other expenses due to the suspension of the contractual obligations.
32. Regardless of what might otherwise follow from these General Conditions, either party shall be entitled to avoid the Contract by notice in writing to the other party if performance of the Contract has been suspended under Clause 30 for more than six months.

XII  ANTICIPATED NON-PERFORMANCE
33. Notwithstanding other provisions in these conditions regarding suspension, each party shall be entitled to suspend the performance of its obligations under the Contract, where it is clear from the circumstances that the other party will not perform its obligations. A party suspending its performance of the Contract shall forthwith notify the other party thereof in writing.

XIII  CONFIDENTIALITY
34. Either party shall keep confidential any information received from the other party and pertaining to the Product or the Contract, always provided that the information received is not within the public domain.

XIV  CONSEQUENTIAL LOSSES ETC.
35. There shall be no liability for either party towards the other party for any punitive, indirect, special, exemplary or consequential damage including, but not limited to, any consequential losses arising out of loss of production, loss of profit, loss of use, loss of earn-ings, loss of goodwill or loss of contracts.

XV  APPLICABLE LAW AND DISPUTES
36. These Conditions, and any contractual relationship between NISSENS and Purchaser in connection herewith, shall be governed by the 1980 United Nations Convention on Contracts for the International Sale of Goods (CISG) and with regard to issues not governed by CISG by the substantive laws of Denmark.
Any dispute or claim arising out of or in connection with these General Conditions and any contractual relationship between NISSENS and Purchaser in connection herewith shall be settled in accordance with the Rules of Procedure of the Danish Institute of Arbitration (Copenhagen Arbitration) by a sole arbitrator appointed by the Institute in accordance with the said rules.
The decision of the arbitrator shall be final and binding upon the parties. The place of arbitration shall be Copenhagen. The language of the arbitration shall be the English language.
Notwithstanding the foregoing, NISSENS may at its discretion require any such dispute to be settled before either the Maritime and Commercial Court of Copenhagen or any national court of a country in which Purchaser maintains a place of business.



 

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