Standard Terms & Conditions
Jubilee Power (Herein after call “JUBILEE”)
1 INTERPRETATION
1:1 In this document “the Company” means JUBILEE who is to supply Goods to the Customer; “the Customer” means the person, firm, company or body entering into any contract with the company, “Goods” means the goods (including any installment of the goods or any part of them) which the Company has supplied to the Customer in accordance with these Conditions; “Conditions” means (a) the quotation/order/acceptance forms if the Customer’s order is accepted by the Company; and (b) JUBILEE standard conditions of supply; and (c) JUBILEE standard warranties set out in this document; and (d) JUBILEE arbitration scheme and (unless the context otherwise requires) includes any special terms and conditions agreed in Writing between the Company and the Customer; “Contract” means the contract for the sale and purchase of the Goods; “Delivery Date” means the date on which risk passes in accordance with the terms of condition 9; “Standard Warranty” means JUBILEE warranty relating to the Goods as in force at the date of the Contract, unless the quotation and/or acceptance of order specifically refers to a different warranty document in which case any reference to “Standard Warranty” in these Conditions is to be constructed as a reference to that different warranty document: “Writing” includes telex, cable, facsimile transmission and comparable means of communication.
1:2 Any reference in these conditions to any provision of any statute shall be constructed as a reference to that provision as amended re-enacted or extended at the relevant time.
1:3 The headings of these Conditions are for convenience only and shall not affect their interpretation.
2 BASIS OF THE SALE
2:1 The Company shall sell and the Customer shall purchase the Goods in accordance with any written order of the Customer which is accepted by the Company subject to these conditions which shall govern the Contract to the exclusion of any other terms and conditions subject to which any such order is made or purported to be made by the Customer.
2:2 The Company’s quotation is not an offer capable of acceptance but an invitation to treat. A contract shall come into existence only when an order placed by the Customer is accepted by the Company on its standard form of acceptance of order signed by an authorised signatory of the Company whether the order is based on the Company’s quotation or not and these conditions of contract shall be incorporated in such contract save that, if a Customer, who has not previously contracted with the Company on these conditions so chooses, he may rescind the contract made by letter reaching the office of the Company not later than the seventh day after posting of Company’s acceptance of order.
2:3 No variations of these Conditions shall be binding unless the same are varied in writing, signed by a director of the Company and such signed variation is endorsed upon the Company’s formal written acceptance of order from the Customer.
2:4 These conditions are stipulated by the Company on its own behalf and on behalf of its servants and agents and apply for the protection of all of its servants and agents as for the Company.
2:5 These conditions shall apply to the contract between the Company and the Customer concerned in the contract set out overleaf and to all subsequent contracts between the Company and the Customer unless and until replaced by a revised edition of which the customer has received a copy.
2:6 The Company’s quotation is a quotation only for the Goods actually specified. The Company do not accept that any obligations are implied from those expressed.
2:7 Save as hereinafter provided no communication from the Company or any contractual effect or is to be treated as a representation condition or warranty affecting the contractual obligations of the Company and the Customer under this or any other contract unless expressly incorporated in writing in the company’s form of acceptance signed by a Director of the Company. In entering into the Contract, the Customer acknowledges that it does not rely on waives any claim for breach of any such representations, conditions or warranties which are so expressly incorporated.
2:8 In the event of any proposed variation of the terms of any contract a new acceptance of order form will be issued containing such proposed variations, which shall take effect as being contractually binding on both parties notwithstanding any conversation or writing of any kind to the contrary only as and when signed by a Director of the Company and dispatched from the office of the company for delivery to the Customer save that an election by the Company or requirement or decision of the Directors of the Company may be notified by a simple latter signed by a Director of the Company.
2:9 No indulgent granted or delay permitted by the Company shall constitute any bar to its enforcement of its rights at any time.
2:10 The Company shall not be obliged to pay over to the Customer any money credited to the Customer in the Company’s books so long as the company has any actual or prospective claim of any nature against the Customer.
2:11 If any part of these conditions shall be found to be unreasonable, invalid or unlawful under any statute or rule of law pertaining thereto, the Court or other competent tribunal shall have the power to strike out or over-ride that part, or parts thereof, to the extent that it be so found and no further, and the remainder of these conditions shall not be affected thereby.
2:12 Any typographical, clerical or other error or omission in any sales literature, quotation, price list, acceptance or offer, invoice or other document or information used by the Company shall be subject to correction without any liability on the part of the Company.
3 PRICE OF THE GOODS
3:1 The price of the Goods shall be the Company’s quotation price or, where no such price has been quoted (or the quoted price is no longer valid), the price list is the Company’s published price list current at the date of the acceptance of the Customer’s order. Where the Goods are supplied for export from the United Kingdom the Company’s published export price list (if any) shall apply.
3:2 Unless the quotation and/or acceptance of order is endorsed “fixed price” the Company reserves the right, by giving notice to the Customer at any time before delivery, to increase the price of the Goods to reflect any increase in the cost to the Company which is due to any factor beyond the Company’s control (such as, without limitations on the aforesaid, any alterations of duties, significant increase in the cost of labour, materials or other cost of manufacture, or currency fluctuations), any change in delivery dates, quantities or specifications for the Goods which is requested by the Customer or any delay caused by ay instructions of the Customer or failure of the Customer to give the company adequate information or instructions.
3:3 Except as otherwise agreed in Writing between the Company and the Customer all prices are given by the Company on an ex-works basis and where the Company agrees to arrange for physical delivery of the Goods to the Customer (or to any place nominated by the Customer) the cost of delivery (including carriage, packaging, insurance and offloading of the Goods) shall be payable by the Customer in addition to the price for the Goods at the same time as the Customer shall be liable to pay the price for the Goods.
3:4 The price is exclusive of any applicable Value Added Tax which the Customer shall be additionally liable to pay the Company.
3:5 The cost of pallets and returnable containers will be charged to the Customer in addition to the price of the Goods, but full credit will be given to the Customer provided they are returned undamaged to the Company before the due payment date.
4 TERMS OF PAYMENT
4:1 The time of payment of the price shall be of the essence of the Contract.
4:2 The Company reserves the right to require the Customer to make payments on account of the cost of components or materials supplied to the Company in connection with the production and supply of the Goods and, where payment to the Company within 14 days of the date of such request.
4:3 Payment of any Goods (credit being duly allowed for any sums received pursuant to condition 4:2) shall be made in cash when the Goods are ready for collection ex-works from the Company’s premises except where (prior to the date of the Contract with the Customer) the Customer shall have agreed in Writing to allow credit to the Customer. In cases where credit has been so agreed, the Customer shall pay the price of the Goods within the time stipulated within the agreement for credit notwithstanding that delivery may not have taken place and the property in the Goods has not passed to the Customer.
4:4 The Customer shall pay the price of the Goods in accordance with Condition 4:3 in default of which the Company may maintain an action for the price against the Customer.
4:5 If the Customer fails to make any payment on the due date then, without prejudice to any other right or remedy available to the Company, the Company shall be entitled to:
4:5:1 Cancel the contract or suspend any further deliveries to the Customer
4:5:2 Repossess the Goods in the manner stipulated in Condition 9:4 herein and resell the Goods in the manner stipulated in Condition 9:5 herein.
4:5:3 Appropriate any payment by the Customer to any debt due from the Customer to the Company however longstanding as the Company may in its absolute discretion think for notwithstanding any purported appropriation by the Customer.
4:5:4 Charge the Customer interest (both before and after any judgment) on the amount unpaid at the rate of 2% per month of four weeks calculating on the total balance outstanding at the end of each four weeks period and pro rata for any broken period until payment.
5 DELIVERY
5:1 Unless otherwise expressly stated on the quotation and/or acceptance of order form, any dates given for delivery, commissioning or installation are estimates only and in no circumstances shall the Company be liable for any delay in delivery or performance howsoever arising. Time for delivery shall not be of the essence of the Contract unless previously agreed by the Company in writing. The Good may be delivered by the Company in advance of the quoted delivery date upon giving reasonable notice to the Customer.
5:2 Delivery of the Goods shall be made by the Customer collecting the Goods at the Company’s premises at any time after the Company has notified the Customer that the Goods are ready for collection, but where the Company agrees to arrange the physical delivery of the Goods to the Customer (or to any place nominated by the Customer), the Company shall make delivery by such method as the Company deems fit.
5:3 Where the Goods are to be delivered in installments =, such delivery shall constitute a separate contract and where for any reason howsoever arising the Company considers that it is unable to make complete delivery of any parcel or installment of Goods the Company may delay such delivery or make such partial delivery on one or more occasions as it considers possible and the Customer’s obligation to pay shall be correspondingly delayed or as the case may be proportionately reduced. Failure to the Company to delivery any one or more of the installments in accordance with these conditions, or any claim by the Customer in respect of any one or more such installments shall not entitle the Customer to treat the Contract as a whole repudiated.
5:4 If the Company fails to deliver the Goods for any reasonable control pr the Customer’s fault, then the Company is accordingly liable to the Customer, the Company’s liability shall be limited to the excess (if any) of the cost of the Customer (in the cheapest available market) of similar goods to replace those not delivered at the price of the Goods.
5:5 If the Customer fails to take delivery of the Goods or fails to give the Company adequate delivery instructions at the time stated for delivery (otherwise than by reason of any cause beyond the Customer’s reasonable control or by reason of the Company’s fault) then, without prejudice to any other right or remedy available to the Company, the Company may:
5:5:1 Store the products until actual delivery and charge the Customer for the reasonable cost (including insurance) of storage or…
5:5:2 Treat the Customer’s failure to take delivery as is deemed cancellation in which case the provisions of Condition 15 shall apply.
6 INSTALLMENTS
6:1 Where any contract is to be performed by the Company in stages or by installments each stage and each installment shall be treated as a separated contract regulated by these Conditions and are the times herein set out for the performance of any such act shall relate to each stage and each installment as if it were a separate contract.
6:2 Where payment is to be made to the Company by installments, each installment shall be treated as a balance due under a separate contract.
6:3 If any installment of any payment in respect of any contract is in arrears the Company may at any time while such arrears continue withdraw from further performance until the same is paid together with interest in full up to the day of payment and may commence proceedings to recover the same but this right shall be without prejudice to any other available right or remedy of the Company.
6:4 This Condition 6 shall apply where the Company makes partially deliveries pursuant to 5:3 hereof.
7 QUANTITY AND SHORTAGES
7:1 If the Customer notifies the Company in writing received by the Company within 21 days of the Delivery Date of Goods (or, in the case of export sales, the period referred to in Condition 7:2 below) of any shortages, and the Company is satisfied that such shortages at its own cost within such times as may be reasonable for the Company having regard to its commitments or, at the option of the company reduce the price by the price of the Goods not delivered. In no other circumstances shall the Customer be entitled to any other relief in respect of shortages.
7:2 In the case of export sales, the period of notification to be given to the Company is whichever of the following shall be appropriate:
7:2:1 In the case of Goods sent by air or sea, within 21 days of the date when the Goods are offloaded into the country where the same are to be delivered.
7:2:2 In all cases other than mentioned in Condition 7:2:1 above, within 21 days of the date when the Goods cross the frontier of the country where the same are to be delivered.
8 EXTENT OF OBLIGATIONS, OF LIABILITIES AND OF REMEDIES
8:1 Any advice or recommendation given by the Company or its servants or agents to the Customer or its servants or agents as to the storage application or use of the Goods which is not confirmed on Writing by the Company is followed or acted upon entirely at the Customer’s own risk, and accordingly the Company shall not be liable for any such advice or recommendation which is not so confirmed.
8:2 The Customer shall be responsible to the Company for ensuring the accuracy of the terms of any order (including any application specification) submitted by the Customer and for giving the Company any necessary information relating to the Goods within a sufficient time to enable the Company to perform the Contract in accordance with its terms.
8:3 The description of Goods appears on the face of the quotation and/or the face of the acceptance of order; where Goods are described by reference to a part number which appears in the Company’s standard catalogue, the Goods shall be deemed to comply with the contract if the same comply with the Company’s specification (current as at the Delivery Date) for Goods sold under such part number.
8:4 The Company reserves the right to make changes in the specification in the Goods which are required to conform with any applicable safety or other statutory requirements or, where the Goods are to be supplied to the Company’s specification, which do not materially affect their quality of performance.
8:5 Except where the Company has given advice or recommendations in writing as to the suitability of any Goods, the Customer relies solely on his own skill and judgment as to the suitability for any purpose of the Goods to be supplied by the Company.
8:6 Subject as expressly provided in these conditions, and other than where the Customer is dealing as a consumer (as defined by the Unfair Contract Terms Act 1977), all Conditions, warranties or other terms in respect of the Goods, whether express or implied by common law, save that the Company warrants as follows:
8:6:1 The Goods correspond with their description as defined in 8:3 above and
8:6:2 The Goods are supplied subject to and with the benefit of the Standard Warranty.
8.7:1 Except in respect to death or personal injury caused by the Company negligence, and save as aforesaid, the Company shall be under no liability whatsoever for any breach of contract whether of an express or an implied term howsoever arising and whether amounting to a repudiatory or fundamental breach or not, and whether tortuous or not, not for any act of negligence whether in contract, tort or otherwise nor shall the Company be liable to the Customer by reason of any representation.
8:7:2 The Company shall not be liable to the Customer for any consequential loss or damage (whether for loss or profit or otherwise) cost, expenses or other claims for consequential compensation whatsoever (and whether caused by negligence of the Company, its servants or agents or otherwise) which arise out of or in connection with the supply of Goods or their use or resale by the Customer not for any damages of payments (except such as may be expressly provided for in these Conditions) and in no event whatsoever shall the Company’s liability exceed the Contract price of the Goods.
8:8 The requirements and recommendations of the Company (and of the manufacturers of any Engine, Alternator and radiator comprised in the Goods) relating to the fitting and/or installation servicing inspection testing and use of any Goods (and the Engines, Alternators and radiators comprised therein) must be strictly adhered to; the Customer must ensure that the Goods are regularly run and tested (so as to check and record that the same continued to perform according to specification). Without prejudice to the generality of the foregoing conditions or any other conditions herein contained, the Company shall be under no liability whatsoever for or in respect of any damage or loss arising directly or indirectly from the failure to the provisions contained or referred to in this condition 8:8.
8:9 THE CUSTOMER SHOULD INSURE AGAINST ALL RISKS OF LOSS OR DAMAGE (WHETHER DIRECT , INDIRECT, CONSEQUENTIAL OR OTHERWISE) ARISING OUT OF OR IN CONNECTION WITH THE SUPPLY OF GOODS UNDER THIS OR ANY OTHER CONTRACT WITH THE COMPANY.
9 RISK AND TITLE
9:1 The risk in the Goods shall pass to the Customer (notwithstanding that the property may not have been passed to him) on the earlier of the following:
9:1:1 Where the delivery is to be ex-works, at the time when the Company notifies the Customer that the Goods available for collection or…
9:1:2 Where the Company and the Customer agree that the Goods are to be delivered otherwise then at the Company’s premises, in the case of delivery by post, as soon as the Goods are placed in the postal system or, in the case of delivery by any other form of carriage, as soon as the Goods are received by the carrier or…
9:1:3 If the Customer wrongfully fails to take delivery of the Goods.
9:2 Notwithstanding delivery and the passing of all risk in the Goods or any other provision of these Conditions, the Property in the Goods shall not pass to a Customer until the Company has received cash or cleared funds payment in full of the price of the Goods and all other Goods agreed to be sold by the Company to the Customer for which payment is then due.
9:3 Until payment of the price as aforesaid, the Customer shall hold the Goods as the Company’s fiduciary agent and bailee, and shall keep the Goods separate from those to the Customer and third parties and properly stored, protection and insured and identified as the Company’s property. Until that time the Customer shall be entitled to resell or use the Goods in the ordinary course of its business, but shall account to the Company for the proceeds of sale or otherwise of the Goods, whether tangible or intangible, including insurance proceeds, and shall keep such proceeds separate from any monies or property of the Customer and third parties, and in the case of tangible proceeds, property stored, protection and insured.
9:4 Until such time as the property in the Goods passes to the Customer or if Condition 14:1 applies to the Customer (and provided the Goods are still in existence and have not been resold) the Company shall (without prejudice to any other available rights and remedies of the Company) be entitled at any time to require the Customer to deliver up the Goods to the Company and, if the Customer fails to do so forthwith, the Company may by its servants or agents enter upon any premises of the Customer or any third party where the Goods are stored and repossess the Goods.
9:5 If the Company repossess the Goods it may resell the same. If the proceeds of the resale exceed the amount of the Customer’s indebtness to the Company, however arising and including damages for breach of any contract of duty, the Company shall account to the Customer for such surplus.
9:6 The Customer shall not be entitled to pledge or in any way charge by way of security for any indebtness any of the Goods, which remain the property of the Company, and if the Customer does so, all monies owing by the Customer to the Company shall (without prejudice to any other right or remedy of the Company) forthwith become due and payable.
9:7 The benefit and/or proceeds of any dealings with the Goods by the customer in contravention of the Company’s rights shall be held in trust for the Company and any such proceeds shall be paid by the Customer into a separate bank account in the name of the Company.
9:8 The Company shall have a general lien over all property of the Customer in possession of the Company for all debts from such Customer howsoever and wherever arising.
10 SUB-CONTRACT
The Company reserves the right to perform all and any of its obligations under the contract by one or more sub-contractors of its choice. All these terms and conditions apply notwithstanding that the work is performed by sub-contractors.
11 INSTALLATION AND COMMISSIONING
11:1 THE PROVISIONS OF THIS CONDITION 11 SHALL ONLY APPLY WHERE IT IS STATED. ON THE FACE OF THE QUOTATION AND/OR ACCEPTANCE OR ORDER, THAT THE COMPANY SHALL CARRY OUT ANY INSTALLATION AND COMMISSIONING WORK.
11:2 The Customer shall ensure that, prior to the anticipated delivery date of the Goods or any part thereof, the site where the same are to be delivered (and all access routes thereto) is clear, can be used without danger or difficulty by vehicles transporting the Goods and has full facilities for offloading the Goods and storing the same (pending completion of installation and commissioning) in a safe and suitable environment. Unless otherwise expressly stated on the quotation and acceptance of order form, the Customer shall also ensure that, prior to the intended date of any commissioning or installation works (and throughout the period of such works), there is available to the Company suitable lifting equipment. Fuel, power and compressed air supplies, labour and test facilities as requested by the Company to install, test and commission the Goods.
11:3 If the Customer shall be in breach of the provisions of Condition 11:2 above, the Company may at its own option either defer carrying out any installation and commissioning work until the Customer shall have fully Complied with the provisions of Condition 11:2 above or obtain items as are required to complete the installation and commissioning. In either case the Customer shall pay to the Company the full amount of all costs and expenses (and other losses) incurred by the Company as a result of the Customer’s breach. If there shall be any dispute as to the amount of the Company’s cost, losses and expenses the same shall be certified by the Company’s auditors whose certificate shall be final.
11:4 When the Company considers that it has completed its works of installation and commissioning it shall carry out such tests, as it considers reasonably necessary to demonstrate that the Goods are functioning in accordance with the Company’s specification therefore. The Company shall notify the Customer of the time and place of such tests so that the Customer may nominate one of its employees to be present. If such tests show that the Goods are functioning as aforesaid, the Company shall issue a statement to that effect. If not the Company shall carry out such further works and additional and further tests until the same demonstrate that the Goods are functioning as aforesaid, at which point the Company shall issue a written statement to that effect.
11:5 If the Company shall fail to carry out any works of commissioning testing and installation as are required in order for the Company to issue a statement in accordance to the provisions of Condition 11:4. Under no circumstances shall the Company be liable to pay to or credit the Customer with any damages or loss whether direct or indirect or consequential; in no event whatsoever shall the Company’s liability exceed the contract price of the Goods.
11:6 THE CUSTOMER SHOULD INSURE AGAINST ALL RISK OF LOSS OR DAMAGE (WHETHER DIRECT. INDIRECT, CONSEQUENTIAL OR OTHERWISE, AND WHETHER AS A RESULT OF ANY ACT OR DEFAULT OF ANY EMPLOYEE OF THE COMPANY OR OTHERWISE) WHICH MIGHT ARISE OUT OF OR IN CONNECTION WITH THE INSTALLATION TESTING OR COMMISSIONING OF GOODS.
12 EXPORT SALES
12:1 In these Conditions “Incoterms” means the international rules for the interruption of trade terms of the International Chamber of Commerce as in force at the date when the Contract is made. Incoterms shall apply to this Contract save to the extent that they are inconsistent with any of the Conditions herein. Unless the context otherwise requires, any term or expression which is defined or given a particular meaning by the provision of Incoterms shall have the same meaning in these Conditions, provided that if there is any conflict between the provisions of Incoterms and these Conditions, the latter shall prevail.
12:2 When the Goods are supplied for export from the United Kingdom the provisions of the Conditions shall apply and in particular the provisions of Conditions 12:3, 12:4, 12:5 shall (subject to any special terms agreed in Writing between the Company and the Customer) apply not withstanding any other provisions of these Conditions which may be inconsistent with this Clause 12.
12:3 Prior to the anticipated date of delivery of any Goods, the Customer shall obtain all consents, licenses and permissions which are required for the import of Goods into the country or place where the same are to be delivered and shall be liable for the payment of any duties thereon. If any such consents, licenses or permissions are not obtained prior to such anticipated date of delivery, this shall not in any way relieve the Customer of its obligations to pay for the Goods but the Customer shall forthwith notify the Company in writing of the failure to obtain the same and (notwithstanding any other terms in this or any other contract relating to the Goods) the Company shall be deemed to have made complete delivery when such Goods are available for collection ex-works from the Company’s premises.
12:4 Unless otherwise agreed in Writing between the Company and the Customer, delivery of the Goods shall be made in accordance with Condition 5:2 herein, and in no circumstances shall the Company be under any obligation to give notice under Section 32(3) of the Sale of Goods Act 1979.
13 FORCE MAJEURE
13:1 The Company shall not be liable to the Customer or be deemed to be in breach of the Contract by reason of any delay in performing, or any failure to perform, any of the Company’s obligations in relation to the Goods, if the delay or failure is due to any cause beyond the Company’s reasonable control. Without prejudice to the generality of the foregoing, the following shall be regarded as being beyond the Company’s reasonable control; (a) Act of God, explosion, flood, tempest, fire or accident; (b) war or threat of war, a national emergency, an outbreak of hostilities (whether or not involving the United Kingdom and whether or not war is declared), sabotage insurrection, civil disturbance or requisition; (c) acts, restrictions, by-laws, prohibitions or measures of any kind on the part of any Governmental, parliamentary or local authority; (d) import or export regulation or embargoes; (e) strikes, lock-outs, trade disputes or other industrial actions (whether involving employees of the Company or the third party); (f)power failure or breakdowns in machinery, other breakdowns, delays in transport, accidents, fire, delay in delivery of raw materials, labour, fuel, parts or machinery; (g) the Company’s involvement in direct or indirect engagements on Government contracts or contracts under priority directions so as to prevent, hinder or delay work on other contracts.
13:2 Should the performance by the Company of any of its obligations under the contract be prevented, hindered or delayed by or in consequence of any occurrence referred to in Condition 13:1 above, the Company shall be entitled at any time, on notice to the Customer, to make partial deliveries only or to determine the Contract without liability and without prejudice in any case to rights which have already accrued to the Company in respect of deliveries already made.
14 INSOLVENCY OF THE CUSTOMER
14:1 This Condition applies if (a) the Customer makes any voluntary arrangements with its creditors or becomes subject to any administration order or (being an individual or firm) becomes bankrupt or (being a company) goes into liquidation (otherwise than the purposes of bona fide amalgamation or reconstruction) or (b) any resolution or petition to wind up the Customer’s business shall be passed or present otherwise than for a bona fide amalgamation or reconstruction or (c) an encumbrance takes possession or a receiver is appointed of any of the property or assets of the Customer or (d) the Customer shall have any distress or executive levied upon it, its property or assets or (e) the Customer ceases, or threatens to cease, to carry on business or (f) if a partner in the Customer (being a firm) shall have any distress or execution levied on him, his property or assets, or if he shall become insolvent or make or offer to make any arrangement or composition with his creditors, or commit any act of bankruptcy shall be presented or receiving order in bankruptcy shall be presented or made against him or (g) the Company reasonably apprehends that any of the events mentioned above is about to occur in relation to the customer and notifies the Customer accordingly.
14:2 If Condition 14:1 above applies then, without prejudice to any other rights or remedy available to the Company, the Contract shall be deemed to be cancelled in accordance with Condition 15 below, and the Company shall be entitled to suspend further deliveries under the Contract without any liabilities to the Customer, and if the Goods have been delivered, but not paid for, the price shall become immediately due and payable notwithstanding any previous agreement or arrangement to the contrary.
15 DEEMED CANCELLATION AND CANCELLATION
15:1 If the Customer shall make a default in or commit any breach of its obligations to the Company or if Condition 14:1 above applies to the Customer or the partner of a Customer, the Customer shall be deemed to have cancelled the contract and any other contract then subsisting between it and the Company. The following provisions shall apply to such cancellation, which shall take effect without prejudice to the Company’s accrued rights and existing remedies against the Customer.
15:2 If any order for Goods given by the Customer shall be cancelled or be deemed to be cancelled by the Customer after the acceptance of order by the Company for any reason otherwise than as herein permitted, the Company shall be entitled to recover from the Customer as liquidated damages the cost to the Company of any Goods, works or materials expended in the execution and in preparation for the execution of the contract and further in every case the profit which the Company might reasonably have made on such contract but the Company shall give credit to the amount of any such costs (but not profit) recovered in respect of the same goods or materials by virtue of any other contract and the amount of any deposit recovered from the Customer, such sum ascertained as aforesaid shall be certified by the auditors to the Company and their certificate shall be final.
16 GENERAL
16:1 Any notice required or permitted to be given by either party to the other under these Conditions shall be in Writing addressed to that other party at its registered office or principal place of business or such other address as may at the relevant time have been notified pursuant to this provision to the party giving the notice.
16:2 No waiver by the Company of any breach of the Contract by the Customer shall be considered as a waiver for any subsequent breach of the same or any other provision.
16:3 Any dispute between the Company and the Customer arising in any way in connection with the Contract between them shall be determined in the first place in the manner, if any, provided in these conditions for the resolution of such disputes; in any other reference to arbitration under the provisions of Conciliation and Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said rules, and the award of such arbitrator or arbitrators shall be a condition precedent to either party to sue the other except for an action by the Company for debts due from the Customer.
16:4 The Contract between the Company and the Customer shall be governed exclusively by English Law.