Saltwell definition
Examples of Saltwell in a sentence
The Purchase Order shall become binding upon the Parties when Saltwell has issued an Order Confirmation in relation to the Purchase Order.
Saltwell is however entitled to set-off any advance or partial payments received under the Agreement against any claim it might have towards the Customer due to any non-payment or due to the Customer’s breach of any other term of the Agreement.
Furthermore, the Customer accepts and acknowledges to commit to assist Saltwell, to perfect and maintain ▇▇▇▇▇▇▇▇’s security interest in the Products.
The foregoing includes and is not limited to any personal injury, sickness, disease or death of any person and/or damage to or loss of real property or tangible property owned, leased, used or rented by the Customer, Saltwell or a third party, including pollution or other damage to the environment.
Agreement means the agreement governing the purchase of Products by the Customer, entered into by and between Saltwell and the Customer, Applicable Law means any applicable laws, rules and regulations issued by any country, state, governmental body, including any acts issued by the European Union, as well as any applicable case law, recommendations and guidelines made by said bodies as per above.
Customer means the entity purchasing Products from Saltwell, as set out in the Order Confirmation.
If the Customer does not grant any security approved by Saltwell, Saltwell is entitled to retain possession of the goods until adequate security has been granted, or terminate the Agreement in accordance with Section 15.3.
Provided Saltwell is unable to repossess the Products without resort to court proceedings, ▇▇▇▇▇▇▇▇ may initiate legal proceedings against the Customer at a court of competent jurisdiction, for the repossession and sale of the Products, and the Customer shall be liable to pay all costs and expenses incurred by Saltwell (including but not limited to legal costs for repossession).
However, the delivery date is not binding for Saltwell, and Saltwell shall under no circumstance be liable to the Customer in the event of any delay in delivery.
Saltwell may determine, in its sole discretion, to deliver the Products in different lots.