Payment Terms and Conditions
Invoices are payable per account terms or negotiated in writing in advance. By accepting delivery of goods, Buyer agrees to pay the invoiced amount for goods delivered, and agrees to be bound to the contract terms. No acceptance may vary these terms unless specifically agreed in writing between Seller and Buyer within ten (10) days of receipt of products.
Goods shipped or delivered are F.O.B. Aurora, CO, and risk of loss passes to Buyer upon the earlier of delivery, loading of delivery or placement with a carrier. Buyer shall pay all applicable taxes and shipping costs.
Payments on open account shall be applied first to delinquent balances. Balances 30 days overdue accrue 1.5% service charge for each month or portion thereof such balance remains due at Seller’s discretion. Any applicable discounted shipping charges are valid, provided payment for goods is received within invoice terms.
Seller’s remedies for non-payment of invoices shall include, in addition to all other remedies provided by law, the right to repossess any goods in the possession of the Buyer, purchased from the Seller. Buyer shall surrender such goods upon demand to Seller or Seller’s agent.
Goods sold “as is” are non-returnable and non-refundable. Returns may be subject to a re-stocking fee of 20% of the invoiced price at Seller’s discretion.