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TERMS AND CONDITIONS OF SALE
Section 3. EXCEPT AS SPECIFICALLY STATED HEREIN, THERE ARE NO
WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO ANY PARTS OR PRODUCTS
MANUFACTURED
BY COLUMBUS MACHINE.
COLUMBUS MACHINE EXPRESSLY EXCLUDES AND DISCLAIMS ANY IMPLIED WARRANTY OF
MERCHANTABILITY AND ANY WARRANTIES OF FITNESS FOR A PARTICULAR
PURPOSE, APPLICATION OR USE, AND
BUYER AGREES THAT THE GOODS ARE SOLD "AS IS." UNDER NO CIRCUMSTANCES
WILL COLUMBUS MACHINE BE LIABLE FOR SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES,
WHETHER SUCH DAMAGES ARE SOUGHT IN CONTRACT, IN TORT (INCLUDING BUT NOT LIMITED
TO NEGLIGENCE AND STRICT LIABILITY) OR OTHERWISE, AND SELLER’S LIABILITY
SHALL IN NO EVENT EXCEED THE PURCHASE PRICE OF THE PARTS OR PRODUCTS ON WHICH
SUCH LIABILITY IS BASED. BUYER ASSUMES ALL RISK AND LIABILITY FOR LOSS, DAMAGE
OR INJURY TO PERSONS OR PROPERTY OF BUYER OR OTHERS ARISING OUT OF USE OR
POSSESSION OF ANY PART OR PRODUCT SOLD HEREUNDER. Section 4. Buyer's exclusive remedy and Columbus Machine's limit of liability for any and all losses or damages resulting from defective goods or from any other cause shall be for the purchase price actually paid for the particular delivery with respect to which losses or damages are claimed. Columbus Machine shall not be liable for prospective profits or special, indirect or consequential damages, nor shall any recovery of any kind against Columbus Machine be greater in amount than the purchase price of the specific material sold and causing the alleged loss, damage or injury. Section 5. Buyer agrees to pay all invoices within thirty (30) days of receipt and to pay a monthly finance charge of 1.5% (with a minimum charge of $3.00) on invoices not paid within thirty (30) days. In the event that legal action is required to collect money due for goods and services, Purchaser shall pay all reasonable collection agency costs, attorney’s fees and court costs incurred by the Seller. Section 6. This Agreement shall be governed by and shall be construed in accordance with the laws of the State of Ohio. In connection with any dispute between the parties under this Agreement, the parties hereby irrevocably submit to jurisdiction of the Common Pleas Court and the Municipal Court of Franklin County, Ohio. Each party hereby waives and agrees not to assert, by way of motion, as a defense or otherwise in any such action any claim (a) that it is not subject to the jurisdiction of such court, (b) that the action is brought in an inconvenient forum, (c) that it is immune from any legal process with respect to itself or its property, (d) that the venue of the suit, action or other proceeding is improper, or (e) that this Agreement or the subject matter hereof may not be enforced in or by such courts. The obligations of the parties are performable and venue for any legal action arising out of this Agreement will lie in Franklin County, Ohio. Section 7. It is expressly understood and agreed by and between the parties hereto that this Agreement sets forth all the promises, representations, agreements, conditions and understandings relative to the transactions set forth herein, and that there are no promises, representations, agreements, conditions, or understandings, either oral or written, between them which have not been expressed herein. It is further understood and agreed that no subsequent alteration, amendment, change or addition to this Agreement shall be binding unless reduced in writing and signed by all parties. Copyright © 2010 Columbus Machine Works, Inc.
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Copyright © 2010 Columbus Machine Works, Inc.