Examples of Trading Terms in a sentence
If there is a conflict between the Trading Terms (as varied with the Purchaser’s written agreement) and any other document or statement forming part of the Contract, these Trading Terms (as varied) shall prevail.
The acceptance by the Supplier of the Purchase Order or the supply of any goods or performance of any works shall be deemed to be acceptance of the terms of the Contract (including these Trading Terms) and shall constitute a binding contract between the Supplier and the Purchaser.
A security interest in Goods created according to the Trading Terms will attach to the Goods at the time that the Customer obtains possession of them and not at any later time.
Time is of the essence for payment of any monies owed by the Customer to the Company pursuant to the provisions specified in these Trading Terms.
The Purchase Order, these Trading Terms and the Technical Requirements (as defined below) are collectively referred to as the “Contract”.