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Ropes Gear LLC — Standard Terms & Conditions of Sale

1. Binding Agreement

All purchase orders ("POs") accepted by Ropes Gear LLC ("Seller") are subject to these Terms and Conditions. Any conflicting or additional terms in Buyer's purchase order or documentation are expressly rejected unless agreed to in writing by Seller.

2. Payment Terms & Extended Credit

Payment terms are as specified on Seller’s invoice. For accounts approved for extended credit, payment is due within the designated net period (e.g., Net 30 or Net 45) from the date of invoice. Seller reserves the right to modify or revoke credit terms at any time.

3. Late Fees & Collections Costs

Overdue invoices shall accrue interest at the rate of 1.5% per month (18% per annum) or the maximum rate permitted by law, whichever is lower, calculated daily from the due date until paid in full. In the event Buyer fails to make timely payment, Buyer agrees to pay all costs of collection incurred by Seller, including reasonable attorney’s fees, court costs, and collection agency fees.

4. Freight, Delivery & Title

Unless otherwise agreed in writing, all shipments are FOB Shipping Point (Origin). Title and risk of loss or damage pass to Buyer upon delivery of the goods to the carrier. Shipping and handling charges billed by Seller are non-refundable.

5. Inspection & Acceptance

Buyer shall inspect all goods immediately upon receipt. Any claims for shortages, damaged goods, or non-conforming product must be made in writing to Seller within seven (7) business days of delivery. Failure to provide written notice within this period shall constitute irrevocable acceptance of the goods.

6. Returns & Restocking

No goods may be returned without prior written approval and a Return Merchandise Authorization (RMA) from Seller. Approved returns may be subject to a restocking fee (up to 20%) and freight charges, unless the return is due to Seller error.

7. Warranties & Sourcing Disclaimer

Seller is a distributor and sourcing partner. Warranties for products sold are limited exclusively to those offered by the original equipment manufacturer (OEM). SELLER MAKES NO SEPARATE WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

8. Limitation of Liability

SELLER’S TOTAL LIABILITY FOR ANY CLAIM ARISING OUT OF OR RELATING TO ANY ORDER SHALL NOT EXCEED THE PURCHASE PRICE PAID BY BUYER FOR THE SPECIFIC GOODS GIVING RISE TO THE CLAIM. IN NO EVENT SHALL SELLER BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING LOSS OF PROFITS OR BUSINESS INTERRUPTION).

9. Force Majeure

Seller shall not be liable for failure or delay in fulfillment due to causes beyond its reasonable control, including manufacturer supply failures, carrier delays, acts of God, or government actions.

10. Governing Law

This agreement shall be governed by and construed in accordance with the laws of the State of Wyoming, without giving effect to conflicts of law principles.