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  2. Finance Committee - Agenda - 5/4/2022 - P105

Finance Committee - Agenda - 5/4/2022 - P105

By dnadmin on Sun, 11/06/2022 - 21:42
Document Date
Fri, 04/29/2022 - 14:39
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/04/2022 - 00:00
Page Number
105
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__050420…

CONDITIONS OF CONTRACT

]. It is agreed by the purchaser that this contract, when accepted by the seller, is not subject to can-
cellation or to any verbal agreement or condition not stipulated in writing on it, and that

2. Title to the goods described on the fact hereof shall not pass until the purchase price Is paid in full.
The purchaser hereby grants a security interest in said goods to secure payment and performance to
the seller. It is mutually agreed that the billing of such goods is for convenience only; and does not
carry the title with it, and that

3. Incase of default of payment, or in case of removal of said goods or any part thereof without the
consent of the seller, or in the event the purchaser shall mortgage or part with the possession of the
said property, voluntarily or involuntarily, without the consent of the seller, the latter shall have the
right to resume immediate possession of same wherever It may be found, and remove it with or without
process of law, and may declare this agreement terminated and may retain all money paid hereunder
as liquidated damages and rental for said goods. In the event a claim is placed in an attorney’s hands
for collection or in the event of litigation, a reasonable attorney’s fee and cost shall be added to it,
and that

4. Inthe event that the sale or use of the merchandise herein Is subject to any Federal, State, Munici-
pal, or other tax, now or hereafter enacted, the amount of any such tax shall be added to the purchase
or rental price.

5. The seller shall not be liable for any delay in shipment or for failure to deliver the goods covered
hereunder because of fire, strikes, war, or other emergencies, whether national or state, or due to
controls, laws, or regulations issued by any Nation or State, or any political subdivision thereof, or
other causes beyond its control. INNO EVENT SHALL THE SELLER BE LIABLE FOR INDIRECT
OR CONSEQUENTIAL DAMAGES SUCH AS BUT NOT LIMITED TO LOSS OF ANTICIPATED
PROFITS OR OTHER ECONOMIC LOSS IN CONNECTION WITH OR ARISING OUT OF THE
EXISTENCE, FURNISHING, FAILURE TO FURNISH, FUNCTIONING, OR CUSTOMER’S USE
OF THE GOODS.

6. All claims for shortage must be made within five (5) days from receipt of goods.

7. Any Equipment sold hereunder is warranted to be in satisfactory operating condition when de-
livered. Should any part prove defective in material or workmanship during the warranty period,
replacement of same will be made without charge. Buyer shall permit full and free access to perform
these services when equipment is not portable; otherwise, Buyer shall return equipment for service at

Page Image
Finance Committee - Agenda - 5/4/2022 - P105

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