In these conditions the following expressions shall have the following meanings: 

“HOLDTRADE” means HOLDTRADE Limited. 

“Customer” means any person, firm, company or organisation placing an order or proposing to place an order with HOLDTRADE. 

“Goods” means all and every item and/or service sold or supplied or provided or proposed for sale or supply or provision by HOLDTRADE to the Customer. 

“Contract” means the quotation, these Conditions and any other document incorporated in a Contract between HOLDTRADE and the Customer for the sales of goods or services. 

2. GENERAL 

2.1 No Contract for the Sale of Goods will be binding until HOLDTRADE have confirmed acceptance of the order. The same applies to any modification to an order. 

2.2 No variation to these Terms and Conditions shall be binding on HOLDTRADE unless specifically agreed to in writing by HOLDTRADE. In the event of any inconsistency between these conditions and any other document forming part of the Contract, these conditions shall be paramount unless expressly referred to and varied in writing by HOLDTRADE. Any conditions included within documentation supplied by the customer subsequent to the issue of this quotation that conflict with these conditions shall not be applicable unless HOLDTRADE specifically and expressly accepts such variation in writing. Simple acceptance of an order is not acceptance of a variation to HOLDTRADE Terms and Conditions. 

2.2 All drawings, illustrations, brochures, catalogues, price lists, particulars of weights and dimensions and other similar material submitted to the Customer should be treated as approximate only as they are solely intended to give an approximation of the Goods. Unless expressly incorporated the same do not form part of the Contract. 

2.3 Any tender or offer binds HOLDTRADE for the validity period stated in such tender or offer. If no validity period is stated, the offer shall be valid for a period of 30 days as from its date of issue.

3. PRICES & PAYMENTS TERMS 

3.1 Any price stated by HOLDTRADE is strictly net and ex works. HOLDTRADE reserves the right to require payment in full before proceeding with the Contract. 

3.2 Payment in full for the Goods shall be due and payable on the terms specified in the Contract. 

3.3 HOLDTRADE may adjust the total price to compensate it for any increase in the cost of manufacturing, selling, or delivering the Goods caused by any circumstances beyond its reasonable control, or by any error or omission or lack of decision by or instructions or information from the Customer. 

3.4 HOLDTRADE reserves the right to charge interest at 5% above Barclays Bank plc Base Rate on any overdue payments until paid in full.

7. TERMS & REPRESENTATIONS & WARRANTY 

7.1 These clauses define the Customer’s rights in respect of any loss or damage caused by the goods or lack of them or due to any claim or statement made by HOLDTRADE, its employees or agents. 

7.2 Unless otherwise specified HOLDTRADE guarantees its supplies against any defect in design, material or workmanship, parts subject to normal wear and tear excepted. Our liability under this warranty is limited to making good any part or parts which shall within six months from the date when the equipment was delivered new to the purchaser be returned to us and which we are satisfied on our examination to have been defective in material or workmanship. 

7.3 This warranty is given on condition that: 

(i) We are notified in writing within fourteen days after such defects appear and the equipment or defective parts are returned to us as soon as reasonably practicable or where this is not practicable made available for inspection by us. 

(ii) The equipment has in our judgement been correctly installed/used in accordance with instructions provided for its operation and maintenance. 

(iii) If the equipment has been altered, taken apart, repaired, tampered with, neglected, damaged or used in any way so as adversely to affect its performance or condition we shall not be liable for any fault arising from its use. 

(iv) We shall not be liable for any faults arising from the use of any spare or replacement parts not authorised or recommended by us. 

(v) Parts replaced free of charge remain or become again the property of HOLDTRADE. 

(vi) It does not cover defects deriving from materials or design provided by the Customer. 

(vii) Unless performance figures/tolerances have been stipulated by the Customer and agreed by us at the time of ordering the equipment we shall be under no liability in the absence of any defect in material or workmanship for failure to obtain any particular performance. 

(viii) The decision whether to repair or replace a defective part under warranty claim shall be at our discretion. 

(ix) We give no warranty in respect of equipment supplied by us except the foregoing warranty and without prejudice to the generality of the foregoing we shall be under no liability whether in contract or otherwise in respect of any defects in the goods for any injury loss or damage resulting from such defects or from any work done in connection therewith and we shall not in any circumstances be liable for any consequential loss or damage suffered including any loss of use, loss of contract, or loss of profits. Our liability shall in no case exceed the value of the goods in relation to which the claim is made.