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GENERAL TERMS AND CONDITONS
Shipment : Date of bill of lading shall be accepted as a conclusive date of shipment. Fourteen(14)days grace shall be allowed. Partial shipment and/or transshipment shall be permitted unless otherwise stated in the Proforma in each case.

Packing : Packing shall be Seller¡¯s option. In case special instructions are necessary, Buyer should notify Seller thereof in time to enable Seller to comply with the same.

Inspection : The inspection of the Goods shall be done according to the export regulation of the Republic of Korea and/or by the manufacturer(s) which shall be considered as final. Should any specific inspector be designated by Buyer, all additional charges incurred thereby shall be at Buyer¡¯s account and shall be added to the invoice amount, for which the letter of credit shall amended accordingly.

Warranty : The Goods shall confirm to the specification set forth in each Commercial invoice and free from defects in material and workmanship for twelve(12) months from the date of shipment.
The extent of Seller¡¯s liability under this warranty shall be limited to the repair or replacement as herein provided of any defective goods or parts thereof. Provided, however, this warranty does not extend to any of the Goods which have been (a) subjected to misuse, neglect, accident or abuse, (b) improperly preserved, transported, modified in myway by any other party than Seller.

* In case of other applications needing technical support from I & T, any party should     notice it with detailed documents for the best solution.

Claims : Any claim by Buyer of whatever nature arising under this Contract shall be made by fax or e-mail within 6 months after arrival of the Goods at the destination specified in the bills of lading. Full particulars of such claim shall be made in writing, and forwarded by registered mail to seller within fifteen(15) days after such fax or cabling. When the claim expire fifteen(15) days confirmation by any Buyers, it shall be considered as agreement of buyer and acceptance of shipment.

Force Majeure : Neither party shall be liable for its failure to perform its obligations in case of act of God, war, blockade, revolution, insurrection, mobilization.

Patents, Trade Marks, Designs, etc : Buyer is to hold Seller harmless from liability for any infringement with regard to patent, trade mark, copyright, design, pattern, etc., originated or chosen by Buyer.

Trade Terms : All trade terms provided by I & T shall be interpreted in accordance with the latest INCOTERMS2000 of International Chamber of Commerce.

For further information, contact with I & T anytime you need.

Tel : 82-31-761-6895
Fax : 82-31-761-6893

 
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