Terms and Conditions of Sale
These terms and conditions of sale are expressly made part of the quotation and order acknowledgement of L-3 Narda-ATM. Any terms and conditions contained in the Buyer's purchase order, which are in addition to or inconsistent with the terms and conditions contained herein shall not be binding upon ATM unless they are expressly agreed to by ATM in writing.
Prior to placing an order, contact the factory or your local ATM Sales Representative for price, availability, and delivery information. When placing an order be sure to identify source of pricing information, such as Quotation Number, E-Mail, or Telephone Reference. All prices are FOB ATM , Patchogue, New York, USA. Pricing does not include any type of additional charges such as shipping and handling. Quotations are valid 90 days from date of quote. All pricing is current at time of quotation; however, due to continual product improvement ATM reserves the right to change specifications and prices without notice.
All orders less than two hundred dollars ($200.00) net will not be accepted unless mutually agreed upon between the Buyer and ATM. A one thousand dollar (1,000.00) net minimum order is required for the first order from new customers requesting open account payment terms.
Terms of Payment
Domestic Usa Customers:
Unless otherwise agreed by ATM in writing, payment terms are thirty (30) days net from the date of invoice, upon credit approval by ATM. Shipments are made to unrated firms, C.O.D. unless credit has been established or upon receipt of advance payment. Visa, MasterCard, AMEX and Discover are also accepted upon completion of ATM’s credit card authorization form.
Unless otherwise agreed by ATM in writing, payment will be accepted by bank check or wire transfer in advance of shipment. Upon receipt of purchase order ATM will provide a Pro Forma Invoice. Visa, MasterCard, AMEX and Discover are also accepted upon completion of ATM’s credit card authorization form. ATM reserves the right to charge a processing or bank handling fee for any non-credit card international orders.
Net 30 - List
Net 60 - List plus 2.5%
Net 90 - List plus 5%
Net 120 - List plus 7.5%
Risk of Loss:
Unless otherwise agreed by ATM in writing, all sales are made F.O.B. ATM’s factory in Patchogue, NY. Risk of loss shall pass to Buyer when the goods are delivered to the carrier. Therefore any damage incurred during shipment must be settled between the Buyer and the Carrier. The most appropriate means of transportation will be chosen by ATM unless otherwise specified on the Buyer’s P.O. Nominally UPS or Federal Express is used.
ATM reserves the right to make partial shipments when the balance of the order will not be available for 1 week and where the individual shipment is $200 minimum. For orders specifying no partial shipment there is a consolidation fee of $50 plus 5% of total order value.
ATM warrants each product it manufactures to be free from defect in workmanship and materials under normal use and service for one year from date of shipment. All Warranty returns must be authorized by ATM and given a Return Materials Authorization Number (RMA#) prior to their return. Arrange with ATM to have any product found defective under normal use during this one year period to be returned to the factory where it will be repaired or replaced. ATM shall not be liable for transportation, installation, or consequential damages. ATM makes no other warranty expressed or implied.
Change Orders and Cancellations
Change Orders regarding price, delivery, or any conditions not specified on the original order will be considered in effect after mutual agreement has been affirmed in writing between the Buyer and ATM. Cancellation of any accepted order can only be made after written consent of ATM. All cancellations will be dependent upon customer’s agreement to satisfy all charges incurred by ATM, including, but not limited to, charges for work in process, purchase commitments, amortized costs, tooling and production interruption. ATM will endeavor to stop work promptly upon notification of cancellation.
The terms and conditions set forth herein constitute the final written expression of all of the terms and conditions of sale and are a complete and exclusive statement of those terms.
Any and all representations, promises, warranties or statements by Seller's employees or agents that differ in any way from the terms and conditions set forth herein shall be of no force and effect.