Conversion Kit Orders Sample Clauses

Conversion Kit Orders. Distributor will submit an order for a conversion kit to Texas Turbine by purchase order which identifies the full purchase price, less any applicable sales commission and which sets forth a requested delivery date for the engine and kit. Texas Turbine will either accept the proposed purchase as set forth in the purchase order, propose alternate delivery dates, adjust portions of the purchase order as needed, or reject the purchase order. Once the purchase order is accepted, Texas Turbine will prepare a Kit Purchase Agreement generally in the form of the Kit Purchase Agreement attached as Appendix I to this agreement. The Kit Purchase Agreement will be executed by Distributor and Texas Turbine. Texas Turbine reserves the right to reject any proposed contract for any reason. Distributor specifically agrees not to represent to customers that Texas Turbine will definitely accept a contract or that the conversion kit will definitely be delivered at a specified time. The time for delivery of each kit is contingent upon many factors, including, but not limited to, the availability of engines, propellers, and other parts. Distributor agrees to work with Texas Turbine to obtain accurate information about the probable delivery time for each kit and to convey that information accurately and in a timely manner to the customers. Every effort will be made by both companies to avoid delays and to avoid inconvenience to customers. In no event, however, will Texas Turbine be liable to Distributor or any customer for damages, consequential or otherwise, caused by delays in production or delivery of kits. No contracts will be executed which state that time is of the essence or which otherwise impose mandatory time deadlines on Texas Turbine. If Distributor wishes to be able to immediately deliver kits to customers, Distributor agrees to purchase and have on hand a complete kit available for installation in a customer’s aircraft. The price for the conversion kit will be confirmed and production of the kit will begin only after Texas Turbine receives an executed purchase contract, accepts such contract by signing it, and Distributor forwards the required deposit per the contract by wire transfer. The balance of the purchase price will be due as set forth in the purchase contract. All contracts will require payment in full for the engine at least two weeks prior to the established shipment date and payment in full for the kit at least one week prior to the shipment date for th...