SOURCE SUPPLY GENERAL TERMS
& CONDITIONS
All rights reserved- Source Supply Ltd. - 2901, 500 XiangYang Nan Lu, Xuhui Office 2909, Shanghai, China, Zip 20031
All offers to final confirmation.
The execution of order is deemed as acceptance of these General Terms and Conditions
All sales and terms are based on Incoterms 2010 definitions
Our goods are sold firm and cannot be returned of exchanged
The mutual obligations of the buyer and Source Supply Ltd. are governed by the Incoterms 2010 mentioned
in our offer. The specific clauses of these general conditions and our offers shall in all cases take priority over
Incoterms 2010.
Shipment, which may be partial, is carried out at the buyer’s own expense and risk. Even when insurance is
contracted by Source Supply Ltd on behalf of the buyer, Source Supply shall not bear the risks of loss or
damage after delivery, even in the case of any excess. The buyer shall deal with all the negotiations required
to obtain compensation from the insurers.
Source Supply is a procurement agent and you are employing Source Supply Ltd for its services in
procurement, inspection, loading and shipping. Source Supply is not liable for any malfunction of the goods
/equipment of the goods supplied. We can on your behalf contact the suppliers for compensation and re-
supply of the goods if needed.
In the event of non-payment, partial payment or payment delayed through the fault of the buyer, or in the
event of declaration of bankruptcy, creditor’s composition proceedings, liquidation of the buyer or partial or
total seizure of the buyer’s assets, Source Supply Ltd reserves to right to cancel or suspend any order which
is current or not yet fulfilled and, if appropriate, take back the goods delivered or in the course of delivery, or
be allocated assets to the value of what is not paid.
Ownership of the item sold shall only transfer to the buyer on the full payment of the invoice.
Our delivery times are given purely for the information and as accurate as possible, from information taken
from suppliers and shippers.
Late payments- finance fees if applicable and agreed to previously, as agreed on PI executed.
Late payments are charged at a rate of 24% p.a, payable monthly.
Execution of an order of a sale for Source supply is your acceptance of all the general terms and conditions
above.
Allocations of costs buyer/seller according to Incoterms 2010
SOURCE SUPPLY GENERAL TERMS
& CONDITIONS
All rights reserved- Source Supply Ltd. - 2901, 500 XiangYang Nan Lu, Xuhui Office 2909, Shanghai, China, Zip 20031
All offers to final confirmation.
The execution of order is deemed as acceptance of these General Terms and Conditions
All sales and terms are based on Incoterms 2010 definitions
Our goods are sold firm and cannot be returned of exchanged
The mutual obligations of the buyer and Source Supply Ltd. are governed by the Incoterms 2010 mentioned
in our offer. The specific clauses of these general conditions and our offers shall in all cases take priority over
Incoterms 2010.
Shipment, which may be partial, is carried out at the buyer’s own expense and risk. Even when insurance is
contracted by Source Supply Ltd on behalf of the buyer, Source Supply shall not bear the risks of loss or
damage after delivery, even in the case of any excess. The buyer shall deal with all the negotiations required
to obtain compensation from the insurers.
Source Supply is a procurement agent and you are employing Source Supply Ltd for its services in
procurement, inspection, loading and shipping. Source Supply is not liable for any malfunction of the goods
/equipment of the goods supplied. We can on your behalf contact the suppliers for compensation and re-
supply of the goods if needed.
In the event of non-payment, partial payment or payment delayed through the fault of the buyer, or in the
event of declaration of bankruptcy, creditor’s composition proceedings, liquidation of the buyer or partial or
total seizure of the buyer’s assets, Source Supply Ltd reserves to right to cancel or suspend any order which
is current or not yet fulfilled and, if appropriate, take back the goods delivered or in the course of delivery, or
be allocated assets to the value of what is not paid.
Ownership of the item sold shall only transfer to the buyer on the full payment of the invoice.
Our delivery times are given purely for the information and as accurate as possible, from information taken
from suppliers and shippers.
Late payments- finance fees if applicable and agreed to previously, as agreed on PI executed.
Late payments are charged at a rate of 24% p.a, payable monthly.
Execution of an order of a sale for Source supply is your acceptance of all the general terms and conditions
above.
Allocations of costs buyer/seller according to Incoterms 2010
SOURCE SUPPLY GENERAL TERMS
& CONDITIONS
All rights reserved- Source Supply Ltd. - 2901, 500 XiangYang Nan Lu, Xuhui Office 2909, Shanghai, China, Zip 20031
All offers to final confirmation.
The execution of order is deemed as acceptance of these General Terms and Conditions
All sales and terms are based on Incoterms 2010 definitions
Our goods are sold firm and cannot be returned of exchanged
The mutual obligations of the buyer and Source Supply Ltd. are governed by the Incoterms 2010 mentioned
in our offer. The specific clauses of these general conditions and our offers shall in all cases take priority over
Incoterms 2010.
Shipment, which may be partial, is carried out at the buyer’s own expense and risk. Even when insurance is
contracted by Source Supply Ltd on behalf of the buyer, Source Supply shall not bear the risks of loss or
damage after delivery, even in the case of any excess. The buyer shall deal with all the negotiations required
to obtain compensation from the insurers.
Source Supply is a procurement agent and you are employing Source Supply Ltd for its services in
procurement, inspection, loading and shipping. Source Supply is not liable for any malfunction of the goods
/equipment of the goods supplied. We can on your behalf contact the suppliers for compensation and re-
supply of the goods if needed.
In the event of non-payment, partial payment or payment delayed through the fault of the buyer, or in the
event of declaration of bankruptcy, creditor’s composition proceedings, liquidation of the buyer or partial or
total seizure of the buyer’s assets, Source Supply Ltd reserves to right to cancel or suspend any order which
is current or not yet fulfilled and, if appropriate, take back the goods delivered or in the course of delivery, or
be allocated assets to the value of what is not paid.
Ownership of the item sold shall only transfer to the buyer on the full payment of the invoice.
Our delivery times are given purely for the information and as accurate as possible, from information taken
from suppliers and shippers.
Late payments- finance fees if applicable and agreed to previously, as agreed on PI executed.
Late payments are charged at a rate of 24% p.a, payable monthly.
Execution of an order of a sale for Source supply is your acceptance of all the general terms and conditions
above.
Allocations of costs buyer/seller according to Incoterms 2010