BUYER’S RIGHTS AND OBLIGATIONS. 1. Goods are deemed to be received by Buyer upon delivery to Xxxxx’s address. 2. Xxxxx has the right to examine the goods upon receipt and has 7 days in which to notify seller of any claim damages based on the condition, grade, quality or quantity of the goods. Such notice must specify in detail the particulars of the claim. Failure to provide such notice within the requisite time period constitutes irrevocable acceptance of the goods. 3. If the Seller delays the delivery not due to the Buyer’s fault, and fails to cure it within two weeks after receiving the Buyer’s claim, the Seller shall be deemed as failure of delivery. In that case, the Buyer is entitled to notify the Seller of the rescission of the Sales Contract, which shall be effective immediately upon the receipt of such notification by the Seller. 4. In the event that the Seller fails to comply with a period of performance under the terms and conditions of this Sales Contract, the Buyer may require the Seller to pay a contractual fine of 0.05% of the undelivered goods for each day of delay in delivery of goods.
Appears in 4 contracts
Samples: Sales Contract, Sales Contract, Sales Contract
