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Hines Bending Systems (Seller) Warranty, Terms & Conditions


INSTALLATION: Buyer shall be responsible for riggers or have the capability to receive the machine from Seller. Buyer shall be responsible for installation of machine. Buyer shall furnish a suitable foundation upon which to install the machine and shall further provide all necessary wiring and other equipment. Failure to have machine anchored in floor before production begins automatically VOIDS this warranty. Should Buyer request Seller to provide Technical Support on site, Buyer shall be responsible for all fees and any other costs incurred by Seller's technicians, travel and living expenses while machine is being installed.

WARRANTY & LIMITATIONS THEREOF: Seller warrants the machine to be free from defects in materials, workmanship, and design under normal use and service, and agrees to furnish and install free-of-charge within 24 hours of the original phone call to Seller any part or parts necessary to make good any defects directly traceable to a fault in material or workmanship subject to normal use. Some exceptions do apply if the part requires manufacturing or special treatment. Seller's obligations under this warranty are limited to claim(s) for any such defect made in writing within one (1) year of installation of the machine. This warranty coverage is limited to all major components of the machine. This warranty agreement does not extend the warranty of individual manufactured parts, i.e., Northman valves have a one-year warranty. This warranty covers these parts for replacement only to the extent that the individual manufacturer has warranteed their own part(s). Normal-wear parts and/or disposable items, including but not limited to, light bulbs, fuses, and oil, are not covered by this warranty. Subject to normal machine use seals are covered by a 90-day warranty. This warranty shall apply only in the event the machine has been properly installed and operated, with the designated maintenance schedule and records maintained, and shall not apply in the event the machine has been subject to misuse, negligence, or accident, or operated under conditions more severe than, or otherwise exceeding, those set forth in the specifications of the machine. Technical Phone Support Fee of $50 USD per incident will apply after one (1) year from purchase date. THIS WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, WHETHER WRITTEN, ORAL, OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR USE.

LIMITATIONS OF REMEDY: Seller shall not, under any circumstances whatsoever, be liable to Buyer or any other party for lost or anticipated profits, diminution of goodwill, loss of use or any other special, incidental or consequential damages whatsoever with respect to any transaction or as to any claim against it in connection with the Sales Agreement or the machine. In addition, Seller's liability for claims shall not, in any event, exceed the price of the machine, nor shall Seller be liable for delays in replacement or repairs of the machine.

LATE CHARGES: In the event that the total price is not paid when due, Buyer agrees to pay a late payment charge equal to one-and-one half per cent (1.5%) per month of the delinquent balance until payment is made in full. Buyer further agrees to pay all reasonable costs of collection caused by the failure to pay amounts due, including reasonable attorney's fees. Seller shall have the right to suspend all Warranty work or Service if the total price is not paid when due.

FORCE MAJEURE: Seller shall not be liable for failure to deliver or any delay in delivery resulting from Acts of God, fire, war floods, sabotage, accidents, labor disputes, shortages, interruptions or shortage of transportation delays by carriers or suppliers, governmental acts or regulations, or any causes beyond Seller's control. If Seller, in its sole judgment, shall be prevented directly or indirectly on account of any of the specified causes from delivering the machine at the time required by this sales agreement, Seller shall have the right to terminate this Agreement by notice in writing to the Buyer, which notice shall be accompanied by a full refund of all sums paid by Buyer pursuant to the Agreement.

SECURITY INTEREST: It is understood and agreed upon that this Sales Agreement states the entire agreement between parties, and it supersedes any prior or contemporaneous agreements or representations of the parties.

CONSENT TO JURISDICTION: Seller and Buyer agree that any claim or controversy involving the subject matter or enforcement of this Sales Agreement may be litigated in the federal or state courts located in Cook County, Illinois, and Seller and Buyer hereby submit to the jurisdiction of such courts.

SEVERABILITY: The failure of either party to enforce any of its rights hereunder shall not constitute a waiver of such rights, or of any other rights hereunder. Buyer's failure in any instance to insist upon performance of any such terms or conditions of this order, or to exercise any right or privilege hereunder, shall not be construed as a waiver of any terms, conditions, rights or privileges granted the Buyer herein. No remedy provided herein shall be deemed exclusive of any other remedy allowed by law.

*TERMS: 30% Deposit with Purchase Order for Machine and Tooling. Balance of both Machine and Tooling is due at the time the final invoice is issued by Seller, prior to shipping. NOTE: Tooling may arrive after machine-USA only. Machine and Tooling shipping outside the U.S. requires prepayment by wire transfer before shipment.

*Lease Terms: 5% with Purchase Order and Copy of Written Approval from Lender. Balance on Delivery. * Wire and L/C transfer information: Outside of USA, use Swift Code # BOFAUS3N - ABA#026009593 and Acct#005483155292. Domestic transactions use ABA# & ACCT.# / For ACH Use # 063000047 ---Bank of America, 23081 Harborview Road, Port Charlotte, FL 33980---


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