Supplier shall keep no more than one (1) month of material in finished goods status ready for shipment, and no more than two (2) months of material in WIP status at any given time. Check-Mate is responsible for the raw material required to fullfill the blanket PO, not to exceed the balance due. Check-Mate reserves the right to shorten or extend the contract term of a blanket order by 50% upon written notification to the buyer. Seller assumes all liability for such property and Seller shall insure at Seller’s expense such property in an amount equal to the replacement cost thereof with loss payable to Buyer.Ī blanket order is an order detailing the intent to purchase a stated quantity of parts over a stated time frame. Buyer’s property shall be used only in filling Buyer’s orders. When deliveries are specified to be in accordance with Buyers written release, Seller will not fabricate or assemble any goods, nor ship any materials or supplies, except to the extent authorized by such written releases or provisions of this Order.Īll Tooling, parts and specifications, and any other property furnished to Seller by Buyer or paid for by Buyer shall be the property of Buyer, clearly identified as such, and subject to removal at any time upon Buyer’s demand. Unless the Order specifically provides for earlier passage of title, title to goods covered by the Order shall pass to Buyer upon: (1) delivery of the goods on board a carrier, provided transportation is FOB origin, (2) acceptance by Buyer or delivery of possession of the goods to Buyer at the destination specified in this Order, whichever is later, if transportation is FOB Destination.īuyer may cancel Orders, in whole or in part, provided that Buyer notifies Seller at least five (5) Business days in advance of Delivery Date. Deliveries made more then five (5) business days in advance of the Delivery date are prohibited without Buyer’s prior written consent. Late charges shall be deducted by Buyer from Seller’s invoice. In addition, Buyer has the option of imposing on seller a late charge in the amount of 1% of the price stated on the Order for each day delivery is delayed beyond the delivery date. All costs incurred by Buyer in excess of the costs incurred by Buyer in excess of the costs that would have been incurred had Seller met the Delivery Date shall be borne by Seller. Upon receiving such notice, buyer shall have the option to (a) approve a revised Delivery Date (b) direct seller to ship the Order on an expedited basis at the earliest possible time or (c) cancel the order. Seller must notify Buyer in writing a minimum of ten (10) business days in advance if the Delivery Date will not be met. Seller shall deliver the order on Buyer’s loading dock no later then date stated on the order (“Delivery Date”). All containers, packing and crating material will become the property of Buyer on delivery unless otherwise agreed to in writing. Buyer’s count or weight shall be final and conclusive on shipments not accompanied by packing slips. An itemized packing slip referencing buyer’s order number, part number(s), and any special instructions must accompany all shipments. Buyer may specify the carrier and/or method of transportation and Seller will process shipping documents and route shipment of the goods according to buyer’s instructions. Seller will pack and mark goods in accordance with Buyer’s instructions. All Taxes shall be shown separately on Seller’s invoice. Purchase prices are inclusive of all charges including packing, containers, insurance, and transportation, except as otherwise specifically provided in the Purchase Order. Purchase Prices shall be as stated on the face of the Order, and shall not be subject to escalation or change without Buyer’s written consent. When a Check-Mate Purchase Contract exists and the Terms and Conditions set forth herein conflict, the terms set forth in the Check-Mate Purchase Order Terms & Conditions shall control. Any different or additional terms contained in any acknowledgment form or other documents submitted by Seller are hereby rejected. CHECK-MATE PURCHASE ORDER TERMS & CONDITIONSĪcceptance of this Purchase Order (“Order”) is expressly limited to the terms of the order.
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