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Wholesale Terms & Conditions

GRANNY’S FINEST
WHOLESALE TERMS & CONDITIONS 2019
October 1, 2019

BUYER TERMS AND CONDITIONS ACCEPTANCE:
FINEST VENTURES BV (herein after “Granny’s Finest” and/or “Seller”) acceptance of your (the “Buyer”) application and wholesale orders is
expressly made conditional on Buyer’s agreement to these terms and conditions.
The terms and conditions set forth on this wholesale/buyer application, order confirmation and/or invoice will govern ALL transactions between the Buyer and the Seller. Seller specifically rejects any terms or provisions which set any standards, specifications or damages related to quality and time of delivery or which contradict or purportedly claim to supersede these terms and conditions.
By requesting Granny’s Finest to supply Goods to you, you acknowledge and agree (or you are deemed to acknowledge and agree) to these
Wholesale Terms and Conditions.

1. MINIMUM ORDER
Minimum order 500 Euro* unless otherwise agreed upon in writing.
Quantity: 3 pieces in the same color for any chosen style
*Before shipping costs and ex VAT

2. PAYMENT & ORDER TRANSACTIONS
2.1 Unless otherwise agreed to in writing, payment for the Goods shall be made at the time the order is placed. For confirmed orders through one of our agents payment should be made as follows:
-50% within 7 days after the date of the order confirmation
-50% no later than 14 days after delivery of the goods.
In case of late payment Buyer should pay an administrative fee of 100 euro as well as an interest fee of 2% of order total ex VAT per
month.
2.2 Granny’s Finest may refuse to accept or cancel any order or delivery of Goods at any time by giving written notice to Buyer. Granny’s Finest shall not be liable for any loss or damage whatsoever arising from such cancellation. At the discretion of Granny’s Finest a credit memo and/or refund- in this instance only, will be processed.
2.3 Once an order is submitted, it cannot be cancelled by Buyer. All sales are final.
2.4 Any variation to any order must be agreed to in writing. The total price may alter as a result of any variation and Buyer agrees to pay any
increase.
2.5 Refunds will not be paid out. When applicable, a credit will be issued to be used towards a future order or invoice.
2.6 Ownership of the Goods shall pass to you upon payment in full of the purchase price for the Goods.

3. DUTIES/TAXES/FEES
3.1 All export and import documentation, licenses, duties, taxes or other obligations or costs relating to the delivery of the Goods shall be the
Buyer’s responsibility.

4. SALE OF GOODS & MSRP
4.1 You acknowledge that you are acquiring the Goods for the purposes of trade or business only.
4.2 Any resale of Granny’s Finest products on public forums such as Amazon.com , Ebay.com are expressly prohibited. Seller shall have sole
discretion to determine what public forums, if any, are eligible for Buyer resale.
4.3 The Goods must be sold at the recommended retail price (as notified to
you by Seller) unless the Goods are advertised as being “on sale” or the equivalent.

6. SHIPPING AND RISKS
6.1 Shipping conditions
Unless otherwise agreed to in writing, you shall be responsible for the cost of transportation of the Goods from the premises of Granny’s Finest in Amsterdam. Risk in respect of the Goods shall pass to you when the Goods are made available to the delivery carrier. You are responsible for obtaining insurance in respect of the Goods from the time they are made available at the place of delivery (carrier).
Free shipping promotions and/or discount coupons for regular retail customers do not apply to Wholesale orders.

7. NOTICE OF DEFECTS/RETURNS
7.1 Buyer must make any claims of defects, including but not limited to those related to shortages, quality, or specification, within the first 7 days after receiving the Goods. The Seller cannot be responsible for shortages when shipments are directed to a third party. It is the responsibility of Buyer to inspect upon receipt, that all Goods delivered match the items ordered /invoiced.
7.2 If a part of the order is delayed or if part of the order is defective or deficient, the order may only be remedied for that part of the order.

8. ACCEPTANCE OF GOODS WITH KNOWN DEFECTS WAIVES CLAIMS FOR DAMAGES
8.1 Buyer hereby waives any claim for damages resulting from any defect Buyer is aware of, including late delivery, at the time Buyer accepts the merchandise.

9. RETURNS
9.1 It is the responsibility of Buyer to inspect upon receipt, that allmerchandise delivered reflect exactly the items purchased and invoiced
9.2 Purchases made by Buyer through Wholesale are not eligible for return, unless otherwise agreed. Under certain conditions, exchanges may be made for unsatisfactory merchandise that is unused and in original packaging with all tags attached. Whether or not items are eligible for exchange is at the sole discretion of Granny’s Finest. All exchanges must be initiated within 7 days after delivery of the goods.
9.3 In the event of an exchange of merchandise, Buyer is responsible for all shipping fees, both in shipping product back to Seller as well as the shipping of the new product to Buyer. Buyer authorizes Seller to sell any garments that have been exchanged, rejected, or abandoned.

10. MODIFICATION OF GOODS
10.1 If you modify the goods, they are no longer eligible for return or exchange. Once merchandise is dyed, washed or altered in anyway, Buyer cannot return or make a claim relating to such merchandise.

11. SAMPLES AND IMAGES
11.1 Unless otherwise expressed in writing, Granny’s Finest does not warrant that the quality, weight, designs or color of the Goods correspond to any specific description, image or sample.

12. INTELLECTUAL PROPERTY
12.1 You undertake to use the Brand Name and Logo when advertising Goods supplied by Granny’s Finest and anywhere where the Goods are described or named including on websites, labels and invoices.
12.2 Granny’s Finest grants you a personal, non-exclusive, non-
transferable, and non-assignable license to use the Granny’s Finest Brand Name and, if applicable, Logo for the purposes mentioned above in this section.
12.3 You must not use or permit the use of the Brand Name or Logo in any manner that would be detrimental to or inconsistent with the good name, good will, reputation and image associated with the Intellectual Property of Granny’s Finest.
12.4 The license in clause 12.2 may be revoked by Seller by written notice to you.

13. LIABILITY
13.1 Seller shall not be liable:
1. where you have altered or modified the Goods, misapplied the Goods, not followed Seller’s instructions in respect to the Goods or
have subjected them to unusual or non-recommended use or handling;
2. for defects in any Goods manufactured by any Third Party;
3. for loss or damages caused wholly or partly by any factors beyond our control, including, without limitation, any loss resulting from a
delay in production or supply of the Goods;
4. for any indirect or consequential loss of any kind

14. EXCLUSION OF IMPLIED WARRANTIES
14.1 Seller shall to the extend permitted by applicable laws, and respecting any legal basis for a claim NOT BE RESPONSIBLE for any product liability or for any direct or indirect business interruption loss, consequential loss, loss of profit, or any other loss whatsoever.
There are no implied warranties applying to the Goods sold by Seller. In any event, the maximum liability shall be equal to repayment by Seller to Buyer of the payment made for the delayed or defective part of the order.

15. DETERIORATION OF BUYER’S CREDIT
15.1 Seller has the right, in addition to other Remedies provided by law, to terminate any delivery or suspend further deliveries of other shipments in the event the Buyer fails to pay for any one shipment when the same becomes due. Should Buyer’s financial condition become unsatisfactory to Seller, Seller may require cash payments or satisfactory securities for delivery of goods.
15.2 Granny’s Finest may terminate this agreement with immediate effect by giving written notice to you if:
1. you have failed to comply with a written notice given by Seller specifying a breach of the agreement and requiring you to remedy it within 14 days; or
2. being an individual, you are made bankrupt; or
3. being a company, you are placed in liquidation or receivership.
On termination, Seller shall have the right to deal with the Goods at its absolute discretion.

16. JURISDICTION
16.1 Any transactions between Buyer and Seller are governed by Dutch Law. To the extent that any court proceedings are commenced, the Buyer and any Guarantor hereby consent to the jurisdiction of the courts of Amsterdam, Netherlands, for any claims or controversies arising in the sale of goods by Seller to Buyer.
Seller also reserves the right to sue Buyer or its Guarantor in the province or state of its domicile. However, the
foregoing shall not in any way diminish or limit the arbitration provisions set forth below.

17. AMENDMENTS
17.1 These terms and conditions may be amended or replaced from time to
time by Granny’s Finest. Any order placed after such amendment is made,
will represent an agreement by you to be bound by the amended terms and
conditions.

AGREEMENT AND ACKNOWLEDGEMENT
Buyer has carefully read and agrees with these Wholesale Terms and Conditions as is confirmed by the simple act of ordering goods. If any term, provision, covenant or condition of this agreement is held by a court of competent jurisdiction to be invalid, void, or
unenforceable, the remaining terms and provisions of this agreement will remain in full force and effect and shall in no way be affected, impaired, or invalidated.

For wholesale inquiries please contact us at info@grannysfinest.com