General Terms

Our normal Business Terms for Spare Part Supplying are as bellow,

however they may vary from time to time without prior notice:

1-Normally we offer as below:

-subject to our final confirmation

-subject undivided order,

-subject unsold, as follows:

2-Price is EXW, CPT, FOB or CFR (destination) according to Incoterms (latest edition).

3-Legalisation and Certification of documents are charged at cost if applicable.

4-Delivery time counts always after receipt of workable L/C or Advance payment.

5-Inspection Prior to shipment to be final. Third party inspection costs are for buyer's account.

6-Weighing and Invoicing for material supplied from Europe is on actual weight bases. Theoretical weight invoicing is possible from other origins and depending on the steel material.

7-Packing depends on the commodity or destination. For example:

-Airworthy Packed

-Suitable for Export

-Foam Packing

-Euro Standard

-Specified Packing as per client's requirements

8-Delivery Allowance is +/- 5% or as agreed at the time of order.

9-Payment: Irrevocable, letter of credit payable at sight, to be opened with in 4 days from order

-confirmation, in full text by telex (allowing T/T reimbursement). L/C has to be confirmed, by prime International Bank, at the initiative and expenses of the buyer. All banking charges are for opener's account, including negotiation, reimbursement, remittance, courier etc.

-Conditions for L/C opening are normally given after order confirmation.

-All quantity per item and in total and total values in the L/C to read "about".

10-Let us know if you have reservation on any particular manufacturer or origin.

11-Certificate or Certificate of Conformity will be supplied according to the agreed norms.

12-We reserve the right to re quote if our offer is not accepted entirely as quoted.

13-Since in most cases we have to go through considerable effort and time to prepare a particular offer, we request our clients to please let us have prompt feedback on our offers to discuss with our principals.

14-Buyers have to satisfy themselves that the material offered is suitable for their particular application.