PAYMENT TERMS

1. The delivery of goods as well as the provision of services are basically carried out against payment in advance.

2. Aerocycle GmbH Cologne – London reserves the right to deliver large-scale plants only against 100% payment in advance for special / individual cases. If so, the goods will be placed for delivery until receipt of the full invoice amount.

3. The invoice amount is due upon receipt of invoice on customer´s site. Payments must be made without deduction to the referred account quoted in the invoice.

Shipping and passing of risk
The risk passes to the buyer as soon as the delivery has been handed over to the person performing the transport or has left the company´s factory for the purpose of shipment. If the shipment is delayed or processed on customer´s request the risk is then transferred to him via notification of readiness for shipment. On customer´s request deliveries are insured on his behalf and at his own expense.

Claims for defects
In case of deficient rendered service or delivery item provided by Aerocycle GmbH Cologne-London, the contractor may provide a replacement at his discretion or repair the defect. Multiple repairs – usually two – are permitted within an appropriate time. The customer’s right to assert claims of defects expires in all cases with 12 months beginning with the point of passing  of the risk, insofar as no longer period is prescribed by law.