Technicote > Resource Center > Terms & Conditions of Sale

Terms & Conditions of Sale

TERMS: 1% 10 days, net 30 days

Invoices are payable in full within 30 days from date of invoice. Invoices paid within 10 days of date of invoice are subject to a 1% discount against the material portion of the invoice. Invoices not paid within 30 days of the invoice date will bear a monthly delinquent charge at a rate of 1 1/2% of the unpaid balance until paid. Orders are billed at price prevailing at time of shipment.

TAXES: All prices are subject to Federal, State, or Local taxes when and where applicable

FREIGHT: F.O.B. Technicote manufacturing plant or distribution center. All risk of loss or damage shall pass to purchaser once material leaves our plant via carrier.

SHIPMENTS: Title and risk of loss to all products purchased will pass to the purchaser upon delivery by Technicote to a common carrier.

Shipment of orders entered versus filled allowance:

Product Type Order Size Allowance
Standard Products All sizes +/- 10%
Patterned Adhesive 500 MSI to 3 MMSI +/- 15%
Patterned Adhesive 500 MSI to 3 MMSI +/- 10%
Piggyback Products All sizes +/- 15%
Mill Custom Products All sizes +/- 20%

RETURNS: Only accepted under terms of Technicote warranty after written approval by Technicote.

LIABILITY: Technicote will not be held liable for any loss, damage, or delay caused by accident, fire, strikes, civil commotion, war acts of God or any other cause beyond Technicote’s control.

PRICING: Products are sold price per MSI unless noted on order acknowledgment.

ASSORTING PRIVILEGE: Standard items may be assorted for volume pricing.

WARRANTY: Because of the variety of possible uses, the buyer should test the suitability for each intended use. The buyer assumes all risks in connection with such use. Technicote will not be liable for damages in excess of the purchase price of products or for incidental or consequential damages.

TECHNICOTE warrants our products to be free from defects in material and workmanship. Should any failure to conform to this warranty appear within one year (or otherwise stated) after the initial date of shipment, TECHNICOTE shall, upon notification thereof and substantiation that the products have been stored and applied in accordance with TECHNICOTE’s standards, correct such defects by suitable repair or replacement without charge at TECHNICOTE’s plant or at the location of the products (at TECHNICOTE’s election); provided, however, if TECHNICOTE determines that repair or replacement is not commercially practical, TECHNICOTE shall issue a credit in favor of BUYER in an amount not to exceed the purchase price of the products.