TERMS OF SALE AND CREDIT
For accounts with credit approved by Tapco Inc.:
NET 30 days from date of invoice.
Invoices for freight charges payable upon receipt. All invoices due and payable in U.S. Funds only. 1-1/2% per month interest charged on past due accounts (18% per annum). If it is necessary to refer the account balance to a collection agency or attorney for legal action, applicant shall pay all subsequent charges and legal fees.
NOTE: Terms are from date of invoice (shipping date), not from receipt of goods. Accounts without approved credit (No signed application, NSF checks, past due amounts, or refused credit) may choose: collect on delivery (COD), bank cashiers check or irrevocable letter of credit with order. Credit cards accepted are Visa, MasterCard and American Express.
ACCEPTANCE OF PURCHASE ORDERS:
Orders to purchase Tapco products will be deemed accepted at Tapco Inc.’s principal office in St. Louis County, Missouri. The terms of all agreements and contracts, and disputes regarding Tapco products shall be governed by Missouri law.
Payments of any taxes not collected by Tapco Inc. are the responsibility of the buyer.
Shipping Point, Bridgeton (St. Louis), Missouri U.S.A.
Shortages or damages to shipments while in transit are the responsibility of the carrier.
Shipping at Tapco Inc.’s convenience in single lot or several lots.
Specified delivery dates are subject to Tapco Inc.’s approval.
No penalty for direct shipments to your customers.
RETURNED GOODS AND CANCELLATION OF ORDERS:
No merchandise may be returned without prior authorization from Tapco Inc. and returns are subject to Tapco Inc.’s inspection.
All returns or cancellations must be in writing.
All authorized returns must be shipped freight prepaid and are subject to a restocking charge of 15-25% (minimum restock fee is $25.00) depending on the condition of the goods.
No labor or packaging charges are refundable. Any charges incurred by Tapco Inc. in connection with the returned merchandise are the responsibility of the buyer.
Stock orders may be cancelled prior to shipment and are subject to production & labor expenses and any cancellation fee.
Special ordered or fabricated items may not be returned for credit or refund. This includes but is not limited to: special drilled or vented buckets, drilled style AA buckets, special or fabricated steel buckets, special ordered fasteners, non-stocked drag flights and cut or fabricated sheeting.
Credit will be issued for future purchases only, no cash refunds.
Special crating for export shipments is available. Contact Tapco Inc. for a quotation.
Duties, import fees, and other charges on foreign shipments are the responsibility of the buyer.
SMALL ORDER CHARGE:
A $15.00 net charge will be added to all invoices having a net value of less than $50.00.
Tapco Inc. warrants its products to be free from defects in material and workmanship at the time of shipment. It is further warranted that Tapco products meet all specifications as represented in Tapco’s literature.
Warranty does not apply to goods improperly installed, damaged in transit, misused, improperly maintained, or goods repaired or modified without prior written approval from Tapco Inc.
All warranties shall extend for one year from shipment.
ALL OTHER WARRANTIES AND REPRESENTATIONS, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, ARE HEREBY EXPRESSLY EXCLUDED.
TAPCO INC. ASSUMES NO LIABILITY FOR INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES UNDER ANY WARRANTY, EXPRESS OR IMPLIED, OR OTHERWISE AND ALL SUCH LIABILITY IS EXPRESSLY EXCLUDED.
Tapco Inc.’s sole obligation for any of its products, which may prove to be defective, shall be to issue credit for, or to replace such products.
Total liability of Tapco Inc. shall not exceed purchase price.
No allowance shall be made for any labor, charges of buyer for replacement of products, downtime, or loss of profits or penalties arising from the use of, or inability to use Tapco products.
TERMS AND CONDITIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE.