Terms and conditions

Terms and Conditions (GTC)

1. General
For business transactions with Altec Electronic AG, the following terms and conditions apply exclusively. These are binding without a specific reference for all current and future business transactions with Altec Electronic AG. Deviations require the written form. Deviating general conditions of a contract partner¬ of Altec Electronic AG are invalid, even if they remain unchallenged.

2. Quote and Prices

2.1 All quotes are non-binding. Altec Electronic AG reserves the right to withdraw from the quote without compensation even after the order has been confirmed if the goods cannot be received from its suppliers or only with a delay.

2.2 The basis for the agreed prices are the order confirmation costs of Altec Electronic AG at the time the order is confirmed. A proportionate price adjustment will be carried out for a subsequent increase in these costs, in particular increases of supplier prices.

3. Delivery

3.1 The details of Altec Electronic AG regarding weight and mass of the product and packaging are not binding. Partial deliveries are permitted; in such cases, the buyer shall pay each instalment in accordance with the payment terms of Altec Electronic AG.

3.2 Acceptance of the performance of orders may depend upon assurance, advance payment or payment upon delivery. The resulting accrued charges or interest / exchange rates shall be borne by the buyer.
3.3 Altec Electronic AG assumes no liability for exceeding delivery times. Delivery delays entitle the buyer to cancel the contract only if an appropriate grace period has been granted for at least four weeks after the end of the delivery.

4. Payment conditions

4.1 Subject to clause 3.2, the invoices plus VAT are to be paid without deductions within 30 days. When paying by bills of exchange, Altec Electronic AG is entitled to demand the usual bank discount charges. Bills of exchange and cheques are only considered as payment once cashed.

4.2 The buyer's right to offset is expressly excluded. The due date of the purchase price is not influenced by alleged deficiencies.

5. Drawings and documents

Altec Electronic AG shall retain the sole property and copyright to all drawings, designs, cost estimates and other documents. Such documents shall be treated by the Buyer and their staff as confidential. These documents ¬may not be provided to third parties nor copied with the written consent of Altec Electronic AG. They are to be returned to Altec Electronic AG when prompted.

6. Warranty and liability for defects

Altec Electronic AG shall grant a six-month guarantee from the date the goods are sent, where defects (at Altec Electronic AG's discretion) shall be entitled to a flawless replacement at no delivery charge or a free repair. Any further liability, particularly for direct¬ and indirect damage is excluded. The warranty is void if the payment conditions are not met or if the buyer or a third party makes changes or repairs to the delivered goods.

7. Performance and Jurisdiction

7.1 The place of fulfilment is 8954 Geroldswil, Switzerland. Swiss law shall apply exclusively for all disputes. The United Nations Convention on Contracts for the International Sale of Goods (CISG) of 11.4.1980 is excluded.

7.2 Jurisdiction is Zurich.


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