(b) Special orders will require 30% down, 30% upon delivery and 10% retainage on all NET 30 accounts.
(c) If, in the judgment of the Seller, the financial condition of the Buyer at any time does not justify continuation of production or shipment on the terms of payment originally specified, the Seller may require full or partial payment in advance and, in the event of bankruptcy or insolvency of the Buyer or in the event any proceeding is brought by or against the Buyer under the bankruptcy or insolvency laws, the Seller shall be entitled to cancel any order then outstanding and shall receive reimbursement for its cancellation charges.
(d) All accounts that are past due by 30 days will incur a 1.5% service fee on the total past due. This is equal to an annual percentage rate of 18%. These are not reversible and will not be credit for any reason. If the buyer fails to pay their service fees, the Seller’s accounting department has the right to revoke any special pricing the buyer may have at the time. (e) If the Seller is forced to send the buyer’s account to a collection agency or to a collection attorney, the buyer is responsible for all fees incurred relating to the collection attempt, including, but not limited to attorney and court fees.
III. Taxes
Unless otherwise provided herein, the amount of any present or future sales, revenue, excise or other taxes, fees, or other charges of any nature, imposed by any public authority, (national, state, local or other) applicable to the products covered by this order, or the manufacture or sale there of, shall be added to the purchase price and shall be paid by the Buyer, or in lieu thereof, the Buyer shall provide the Seller with a tax exemption certificate acceptable to the taxing authority.
VI. Cancellations
Buyer shall compensate Seller for all special items not regularly stocked. Restocking fee 30%-50% on all orders. Orders for custom equipment may not be cancelled unless approved by the Seller.
V. Returned Goods
For regularly stocked items and approved non-stock items. No product may be returned unless authorized in writing by Dakota Food Equipment. If returned of product is so authorized, buyer shall be required to pay a handling charge and restocking fee of a minimum of 30% on any non-stock item authorized for return. Product must be returned in original factory crate; freight prepaid, and shall not have been used and must be in the same condition as originally shipped by Dakota Food Equipment. No returns for custom jobs.
VI. Shipping & Delivery
Please be assured that items in stock, will ship out within two-three days of payment received. Special order items will require a longer lead time; lead times will vary depending on availability and each vendor. We determine the most efficient shipping carrier for your order. The carriers that may be used are: U.S. Postal Service (USPS), United Parcel Service (UPS) or FedEx. If we use the USPS, we can ship to PO boxes.
Once your order has been processed, you will receive tracking information.