Technical data

Attachment B
TERMS AND CONDITIONS OF SALE, DELIVERY AND PAYMENT
GENERAL PROVISIONS
1. (a) This agreement, performances of contract and quotations are
made exclusively upon the terms and conditions set out below.
Alterations or deviations from the provisions herein contained shall
not be binding upon Viessmann unless confirmed in writing by
Viessmann.
(b) The Purchaser hereby accepts the terms and conditions herein
contained in their entirety. Stipulations of terms and conditions
contrary to the provisions hereof according to the Purchaser’s
business or purchasing practices, invoicing, manner of payment or
custom of the trade are hereby specifically agreed to be
inapplicable to this agreement.
(c) In the event that any one or more of the provisions herein
contained shall become or be deemed to be invalid, illegal or
unenforceable by operation of law, the validity, legality and
enforceability of the remaining provisions or any part thereof shall
not in any manner be affected or impaired thereby. In place and
stead of any such invalid, illegal or unenforceable provisions or
any part thereof, the parties hereto shall be deemed to have
agreed upon terms and conditions, which, as far as permitted by
law, express the intent and purpose of the within terms and
conditions.
PLANS AND SPECIFICATIONS
2. Drawings, specifications and technical data appended to or forming
any part of this agreement shall at all times remain the property of
Viessmann, with all rights reserved and shall not be provided,
submitted or disclosed to third parties without the express written
consent of Viessmann. Changes, alterations, deletions or additions
thereto shall not be binding upon Viessmann unless confirmed in
writing by Viessmann.
PRICES AND QUOTATIONS
3. (a) Viessmann hereby specifically reserves the right to change, alter,
amend or revoke quotations and the same shall become binding
and irrevocable only upon written acceptance by both Viessmann
and the Purchaser or upon delivery and acceptance of goods or
performance of work or services by Viessmann.
(b) Prices are, save and except as otherwise agreed upon, as of
Viessmann Manufacturing Company Inc., Waterloo, Ontario, as
applicable, exclusive of cost of packaging, crating, freight or
shipping, federal, state or local rates, tariffs and taxes in effect on
date of delivery.
(c) All contract prices are guaranteed for thirty (30) days from date of
contract. Cost increases thirty days after contract date, including
but not limited to cost increases of materials, wages, fuel,
transportation or energy charges and increases in applicable
federal, state and local rates, tariffs or taxes shall be added to
contract price and form part thereof as if originally agreed upon.
(d) Contracts for delivery of goods or performance of services without
specific agreement as to price shall be subject to the price or
prices in effect on the date of delivery of goods or commencement
of performance of service.
TERMS OF PAYMENT
4. (a) For all Viessmann products other than products for any biomass
project and save and except as otherwise specifically agreed upon
in writing, all invoices or accounts, as the case may be, shall
become due and payable in full without deduction whatsoever
thirty (30) days after invoice or account date.
(b) For all Viessmann biomass projects, payment terms shall be thirty
per cent (30%) of the total contract price as a down payment at
the time of the purchase order and seventy per cent (70%) due on
receipt of products, including partial shipments. All payments shall
be made by made by telegraphic transfer.
(c) Holdbacks or deductions of any kind whatsoever without prior
written authorization from Viessmann are expressly prohibited.
(d) Discounts, if any, shall be calculated on the cost of goods as
per invoice, exclusive of cost of packaging, crating, freight or
shipping, federal, state or local rates, tariffs or taxes, where
applicable, or other costs or surcharges beyond control of
Viessmann.
(e) Payment by bank draft, money order or uncertified cheque may
be made only with the express consent of Viessmann. All costs
for dishonor, presentment for payment or collection shall be at the
expense of the Purchaser and Payer. All payments by cheque,
whether certified or uncertified, shall be deemed as having been
received on the date of acceptance for payment of the said
cheque or cheques by the Purchaser’s or Payer’s bank, trust
company or financial institution upon whose account the cheque
has been issued.
(f) Payments received shall be applied firstly to the oldest costs for
presentment for payment, dishonor or collection; secondly, to
outstanding interest charges on the oldest accounts; and thirdly,
the balance, if any, of any payments shall be applied to the oldest
outstanding balance or balances.
(g) In the event the Purchaser defaults in payment or causes a
cheque, bank draft or money order to be dishonored or stops
payment thereon, or Viessmann shall deem the Purchaser
insecure, all accounts shall forthwith become due and payable
notwithstanding any agreement as to credit or periodic payment.
(h) Overdue accounts shall bear interest at the rate stated on the
face of the invoice but in no event less than five (5%) per cent
above prime rate of interest set from time to time by the Bank of
Canada and shall be calculated weekly and compounded
monthly.
RESERVATION OF TITLE AND PROPERTY
5. (a) It is hereby expressly agreed that all goods shall remain the
exclusive property of Viessmann and title shall not pass until
payment in full of all invoices or accounts rendered, including cost
of goods, packaging, crating, shipping or freight charges, federal,
state or local taxes, rates and tariffs, insurance, extras to contract,
interest charges, exchange or collection expenses and other
sums or charges applicable has been received pursuant to the
terms and conditions herein contained.
(b) Goods delivered shall not, in any event, become part of real
estate and the Purchaser shall at all times take or initiate all steps
necessary to preserve Viessmann’s right, title and property to
such goods.
(c) The Purchaser shall not permit any goods sold or delivered by
Viessmann to be pledged or encumbered without express written
consent from Viessmann. In the event of seizure by third parties,
the Purchaser shall forthwith disclose Viessmann’s reservation of
title, right and property to such goods and shall forthwith notify
Viessmann of such seizure and shall assist Viessmann at the
Purchaser’s cost in the preservation and enforcement of
Viessmann’s right, title and property to the said goods.
(d) In the event of breach of contract by the Purchaser of the terms
or conditions herein contained and in particular, default of
payment of invoices as hereinbefore provided, Viessmann shall
be entitled, without prior notice, to demand delivery up of goods