Component Sourcing Solutions, Inc.
Emergency Sourcing Specialists
3525 Old Conejo Road Suite 118 Newbury Park, CA 91320 Phone (805) 376-9360 Fax (805) 376-9378

Copyright© Component Sourcing Solutions, Inc. All Rights Reserved
                        TERMS AND CONDITIONS


BUYER'S TERMS AND CONDITIONS.

SELLER WANTS TO GIVE IT'S CUSTOMERS FAST AND EFFICIENT SERVICE. IN ORDER TO ACCOMPLISH THIS, NEGOTIATING INDIVIDUALLY THE TERMS AND CONDITIONS OF EACH CONTRACT WOULD GREATLY IMPAIR SELLER ‘S ABILITY TO PROVIDE SUCH SERVICE. CONSEQUENTLY, ANY AND ALL GOODS FURNISHED BY SELLER ARE SOLD ONLY TO THE TERMS AND CONDITIONS HEREIN. DESPITE ANY TERMS AND CONDITIONS OF BUYER'S ORDER, ANY SALE BY SELLER TO BUYER IS EXPRESSLY MADE CONTINGENT ON BUYER'S AGREEMENT TO SELLER'S TERMS AND CONDITIONS. COMPONENT SOURCING SOLUTIONS, INC. REQUIRES THAT ALL PRODUCT PURCHASED FROM COMPONENT SOURCING SOLUTIONS, INC. BE INSPECTED, TESTED, AND AUTHENTICATED FULLY AND COMPLETELY PRIOR TO PUTTING PRODUCT INTO PRODUCTION.

TERMS.

TERMS OF PAYMENT ARE NET 30 DAYS FROM DATE OF INVOICE, EXCEPT AS OTHERWISE SET FORTH ON THE FRONT OF THE INVOICE. IN THE EVENT THAT PAYMENT IS NOT RECEIVED WITHIN SUCH 30 DAY PERIOD, ANY UNPAID BALANCE MAY START TO BEAR INTEREST ON TH E 31ST DAY AT THE MONTHLY RATE OF ONE AND ONE HALF PERCENT. CSS RESERVES THE RIGHT TO CHANGE TERMS PRIOR TO SHIPMENT, REQUIRE PAYMENT IN ADVANCE OR DELAY OR CANCEL ANY SHIPMENT OR ORDER BY REASON OF CUSTOMER'S CREDIT WORTHINESS OR SHOULD CUSTOMER FAIL TO FULFILL ANY OBLIGATION OR FAIL TO PAY ANY INVOICE WHEN DUE.

DELIVERY.

TITLE TO ALL GOODS SHALL PASS TO BUYER UPON DELIVERY TO THE CARRIER. BUYER AGREES THAT SELLER SHALL RETAIN A PURCHASE MONEY SECURITY INTEREST ON ALL GOODS AND TO PROCEEDS THEREOF UNTIL THE PURCHASE PRICE AND OTHER CHARGES DUE TO SELLER HAVE BEEN PAID IN FULL. SELLER SHALL NOT BE LIABLE FOR DELAYS IN DELIVERY OR FOR FAILURE TO PERFORM DUE TO ANY CAUSES, INCLUDING, WITHOUT LIMITATION, ACTS OF GOD, ACTS OF OMISSIONS OF BUYER OR CIVIL OR MILITARY AUTHORITIES, DELAYS CAUSED BY THIRD PARTY VALUE ADDED SERVICE PROVIDERS, FIRES, STRIKES, EPIDEMICS, QUARANTINE RESTRICTIONS, FLOOD, EARTHQUAKES, RIOTS, WAR, DELAYS IN TRANSPORTATION OR INABILITY TO OBTAIN NECESSARY LABOR, MATERIALS OR SUPPLIES. IN THE EVENT OF ANY DELAY THERE SHALL BE NO PENALTY TO SELLER. SELLER SHALL BE ENTITLED TO REFUSE OR TO DELAY SHIPMENTS FOR FAILURE BY BUYER TO PAY PROMPTLY ANY PAYMENTS DUE TO SELLER. SELLER SHALL HAVE THE RIGHT TO DELIVER ALL GOODS AT ONE TIME OR IN PORTIONS.

CANCELLATION.

NO ORDER MAY BE CANCELLED, RECONFIGURED, OR RESCHEDULED WITHOUT CSS'S WRITTEN CONSENT, IN SUCH AN EVENT, BUYER WILL BE LIABLE TO CSS FOR ANY ADDITIONAL COSTS AND EXSPENSES INCURRED, INCLUDING BUT NOT LIMITED TO ANY RESTOCKING CHARGES.

TAXES.

CSS'S PRICES DO NOT INCLUDE SALES, EXCISE, USE, OR SIMILAR TAXES. BUYER SHALL BE RESPONSIBLE FOR PAYING ANY TAXES DUE ON ANY GOODS PURCHASED, OR IN LIEU OF, PROVIDE SELLER WITH TAX EXEMPT CERTIFICATES.

RETURNS.

NO RETURNS WILL BE ACCEPTED WITHOUT PRIOR WRITTEN AUTHORIZATION BY SELLER.

ANY REQUEST FOR THE RETURN OF ANY PRODUCT MUST BE MADE WITH IN 14 DAYS FROM THE INVOICE DATE OF THE MERCHANDISE. CSS RESERVES THE RIGHT TO REQUIRE THIRD PARTY CONFIRMATION OF ANY FAILURE OR DEFECT AT A CSS AUTHORIZED TESTING FACILITY BEFORE ANY RETURN IS GRANTED. IN THE EVENT THAT A RETURN MERCHANDISE AUTHORIZATION IS GRANTED PARTS MUST BE RETURNED TO CSS IN ORIGINAL PACKAGING AND CONDITION, WITHOUT THEIR NUMBERS OR ANY PART THEREOF ALTERED, REMOVED , DEFACED OR DAMAGED. THIS DETERMINATION SHALL BE MADE AT SELLERS PREMISIS.

VALUE ADDED SERVICE.

THE PERFORMANCE OF ANY VALUE ADDED SERVICE, INCLUDING BUT NOT LIMITED TO ANY TESTING OF GOODS PURCHASED FROM CSS, MAY VOID ANY WARRANTY, INCLUDING BUT NOT LIMITED TO MANUFACTURES WARRANTY, AND MAY RENDER THE GOODS NON-RETURNABLE.

TECHNICAL DATA.

IN THE EVENT THAT THE SELLER OFFERS TECHNICAL ASSISTANCE OR SUGGESTS THE USE OF ANY ALTERNATIVE PART OR PARTS, BASED ON INFORMATION AVAILABLE TO SELLER , SELLER DOES NOT GUARANTEE THAT ANY ADVICE OR ALTERNATIVE PART SUGGESTION IS CORRECT OR ACCURATE. BUYER IS SOLEY RESPONSIBLE FOR CONFIRMATION OF VALIDITY OR ACCURACY OF ANY ALTERNATE PART SUGGESTIONS OR TECHNICAL ASSISTANCE GIVEN BY SELLER.

WARRANTIES AND REMEDIES.

SELLER WARRANTS TO BUYER THAT, AT THE TIME OF DELIVERY, THE GOODS COVERED HEREBY ARE IN ACCORDANCE WITH THEIR MANUFACTURER'S SPECIFICATIONS. EXCEPT THE FOREGOING WARRANTY, THERE ARE NO OTHER WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, OF ANY KIND BY CSS, AS TO THE CONDITION OR PERFORMANCE OF ANY GOODS SOLD, INCLUDING BUT NOT LIMITED TO THE GOODS' MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL THE SELLER BE LIABLE FOR ANY LOST PROFITS OR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES WHATEVER EVEN IF THE SELLER HAS BEEN ADVISED OF THE POSSIBLITY OF THE SAME. SELLER AGREES THAT IF PARTS ARRIVE AT CUSTOMERS PREMISIS AND ARE NOT IN ACCORDANCE WITH MANUFACTURE'S SPECIFATIONS , SELLER SHALL ELECT TO CREDIT THE ACCOUNT OF BUYER, OR REPLACE THE GOODS THAT ARE NOT IN SUCH CONDITION WITHOUT CHARGE TO BUYER, BUT ONLY IF GOODS ARE RETURNED TO CSS WITHIN 30 DAYS OF INVOICE DATE , IN THEIR ORIGINAL PACKAGING AND CONDITION OF DELIVERY. CUSTOMER OR BUYER AGREES THAT UNDER NO CIRCUMSTANCES THAT ANY PRODUCTS PURCHASED FROM CSS ARE NOT INTENDED FOR USE IN AND WILL NOT BE USED IN LIFE SUPPORT SYSTEMS, HUMAN IMPLANTATION, NUCLEAR FACILITIES OR SYSTEMS OF ANY OTHER APPLICATION WHERE PRODUCT FAILURE COULD RESULT IN LOSS OF LIFE OR CATASTROPHIC INJURY OR PROPERTY DAMAGE. CUSTOMER WILL INDEMNIFY AND HOLD CSS HARMLESS FROM ANY LOSS, COST OR DAMAGE FROM CUSTOMER'S BREACH OF THIS PROVISION.

LIMITATION OF LIABILITY.

COMPONENT SOURCING SOLUTIONS, INC. IS NOT LIABLE FOR AND CUSTOMER IS NOT ENTITLED TO ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY KIND, FOR EXAMPLE: LOSS OF PROFITS, REVENUE, OR USE, ANY REWORK OR MANUFACTURING EXPENSE, ANY INJURY TO REPUTATION OR LOSS OF CUSTOMERS. CUSTOMERS’ RECOVERY FROM COMPONENT SOURCING SOLUTIONS, INC. WILL NOT EXCEED THE INVOICED VALUE OF THE PRODUCT. CUSTOMER WILL INDEMIFY, DEFEND AND HOLD COMPONENT SOURCING SOLUTIONS, INC. HARMLESS FROM ANY CLAIMS RELATING TO ANY PRODUCT PURCHASED FROM US. COMPONENT SOURCING SOLUTIONS, INC.’S LIABILITY IS STRICTLY LIMITED TO THE REPLACEMENT OF SUPPLIED PRODUCT OR THE INVOICE VALUE REFUND OF MATERIAL.

INFRINGMENT DISCLAIMER.

SELLER MAKES NO REPRESENTATION CONCERNING PATENTS, TRADEMARKS, OR SERVICE MARKS OF ANY OF ITS GOODS. SELLER EXPRESSLY DISCLAIMS ANY AND ALL THIRD PARTY CLAIMS FOR INFRINGEMENT OR THE LIKE, AND SELLER SHALL HAVE NO OBLIGATION OF ANY KIND TO THE BUYER FOR CLAIMS BROUGHT BY THIRD PARTIES AGAINST THE BUYER FOR INFRINGMENT OR THE LIKE STEMMING OUT OF OR IN ANY WAY RELATED TO GOODS PURCHASED BY THE BUYER FROM THE SELLER.

DISPUTES.

ANY DISPUTES WITH RESPECT TO ANY CONTRACT CONCERNING GOODS BOUGHT FROM CSS NOT OTHERWISE RESOLVED BETWEEN BUYER AND SELLER SHALL BE RESOLVED IN A COURT OF COMPETENT JURISDICTION AT THE LOCATION OF SELLER'S PLACE OF BUSINESS, AND IN NO OTHER PLACE. EXCEPT, AT THE SOLE DISCRETION OF THE SELLER, MAY THE ACTION BE HELD AT SOME OTHER PLACE , DESIGNATED BY SELLER IF NECESSARY TO INCLUDE A THIRD PARTY, SO THAT THE DISPUTE CAN BE RESOLVED IN ONE ACTION. BUYER AGREES TO APPEAR IN ANY MATTER RELATED TO THE GOODS FURNISHED BY THE SELLER. NO ACTION MAY BE BROUGHT BY BUYER MORE THAN THREE (3) MONTHS AFTER THE CAUSE OF ACTION HAS ACCRUED.

         
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