1.In order to commit our company every order must be confirmed in our office. 2.We take all useful steps in order to respect the terms of delivery and we do not accept any delay penalty. 3.A delay in the delivery may not in any case lead to a cancellation of the order. 4.The goods are dispatched at the own risks of the consignee. 5.In order to be valid any complaint must be made in writing to our company, at the latest within the 5 days following receipt of the goods. 6.All the invoices are to be paid in Buggenhout. 7.Our agents or representatives do not have authority to collect the amount of the invoice except explicit stipulation. 8.The risk of change is chargeable to the buyer. 9.In the absence of any express written provision to the contrary, all invoices are payable cash. 10.Any amount unpaid on the due date shall, automatically and without prior notice, bear interest at a rate 2 % above the Belgian legal interest rate, with a minimum interest rate of 12 %. 11.We reserve the right to increase by 10 % the amount of any invoice unpaid on the due date. The minimum amount of any such increase shall be the lump sum of 50 EUR. 12.Should an invoice remain unpaid on the due date, all invoices shall immediately become due for payment, regardless of their original date of maturity. 13.Should the buyer fail to honour his engagements, we may proceed to the cancellation of the contract. Such action shall in no way limit or prejudice our rights to claim damages. 14.If in our opinion there is a deterioration in the creditworthiness of the buyer on account of measures of judicial execution against the buyer and/or other negative demonstrable events, we reserve the right to suspend all or part of any contracts in operation and to ask the buyer to provide such guarantees as we may deem proper to ensure the fulfilment by the buyer of his engagements under the contract. Such request may be made before or after the delivery of all or part of any order. Should the buyer fail to meet any reasonable demand for such a guarantee, we shall have the right to cancel all or part of any contracts in operation. Such action shall not in any way limit or prejudice our other rights for damages and interests.
15. RETENTION OF TITLE Raverco remains the owner of all goods supplied to the customer until such time payment has been received in full from the purchaser. The goods shall remain property of Raverco and the buyer shall store them so that they are readily identifiable as Raverco’s goods, until such time as payment for them and for all other goods agreed to be sold to the company had been received in full. If the goods have been resold, Raverco’s beneficial entitlement shall be attached to the proceeds of the re-sale and will be able to claim the full purchase price of the proceeds received. Where ownership of any goods remains vested in the Company, the Company shall be entitled to repossess any goods supplied at any time. Raverco may for the purpose of recovering its goods enter upon any premises where they are stored or where they are reasonably thought to be stored and may repossess the same. It is the sole responsibility of the purchaser to ensure that all goods received from the Company are fully insured against any eventually including, but not limited to, fire, theft, flooding, etc, until such time ownership of goods has passed to the purchaser. Should goods become damaged in any way after they have been received by the purchaser, the purchaser will be liable to pay to the Company the full purchase price of the goods.
16. The conditions of this contract shall not be modified in any way by the drawing or acceptance of a bill of exchange or by any other arrangement, nor shall any such act constitute a novation.
17. Disputes arising out of this contract shall be referred to the Courts of Dendermonde or, at our discretion, to the Courts having jurisdiction at the buyer’s domicile.