Deliveries and Inspections Sample Clauses

Deliveries and Inspections. 5.1 Buyer shall be entitled to conduct the following inspections: AIRCRAFT PURCHASE AGREEMENT

Deliveries and Inspections. The Product is delivered “EXW” (Ex Works) according to the latest prevailing version of “INCOTERMS”, unless otherwise expressly agreed between INNORAPID and the Buyer. All present and future duties, taxes, freights, etc. pertaining to delivery of Product shall be paid by the Buyer. The Buyer is responsible for obtaining import licenses and all other permits required for the deliveries. As soon as the Product is delivered to the carrier designated by Buyer or otherwise agreed by both parties (the “Delivery Date”), INNORAPID shall send Buyer a copy of the invoice by email with the picture of the Product on it, but in no event less than one business day after the Delivery Date. Buyer shall respond in one business day by email to acknowledge the invoice was received and the payment date was confirmed. Upon ▇▇▇▇▇’s receipt at its ship-to address of the Product, Buyer shall conduct a visual inspection of the Product. If, as a result of the visual inspection, ▇▇▇▇▇ discovers a defect in the delivery (e.g. wrong quantity, wrong Product), it shall inform INNORAPID of the defect within three business days after its receipt of the Product, and INNORAPID shall thereby promptly remedy the situation, at its own expense. Any defects that cannot be ascertained by a visual inspection (e.g. defects that become apparent only upon the use of the Product) shall be subject to the applicable Seller’s warranty. The Buyer shall not be entitled to any other form of compensation, for damage or loss of any kind, due to delayed delivery. If a delay in delivery is caused by force majeure circumstances stated in Section 14, or by an act or omission on the part of the Buyer, the time of delivery shall be extended accordingly during such circumstance, act or omission.

Deliveries and Inspections