Common use of Quotation Validity Clause in Contracts

Quotation Validity. Except as otherwise agreed, prices for the unpacked Goods indicated in the attached quotation shall be deemed net the INCOTERMS® as per clause 5 of these General Conditions (INCOTERMS® 2010 or those in force at the date of the order’s acceptance). Prices shall remain fixed for 60 (sixty) days from the quotation’s issuance date. If an order is not placed within said term, prices may be subject to review. Once a purchase order containing the agreed full and final instructions to proceed is received, the prices shall remain fixed for the entire duration of the agreed delivery period. All purchase orders must be issued in the name of MIB ITALIANA S.P.A.

Appears in 3 contracts

Sources: General Terms and Conditions of Sale, General Terms and Conditions of Sale, General Terms and Conditions of Sale