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Buyers Terms and Conditions
 

1. TERMS

By entering an order or requesting a quote via the Internet, you agree to this BUYERS CONDITIONS OF USE AGREEMENT.

The materials contained in this web site are protected by applicable copyright and trade mark law.

2. PRICES AND TAXES:

All prices quoted are in U.S. dollars effective as of the date of quotation and are subject to change. Prices shall be established by Norfolk Wire & Electronics at its sole discretion. Quoted prices do not include sales, use or other value added taxes, unless otherwise specified, and are the sole responsibility of the buyer. Quotations that include labor or service charges must specify the standard hours included in the quoted price. Additional labor costs hours incurred above the stated standard will be billed at standard hourly rates. Verbal quotations, unless accepted, expire the same day they are made. Norfolk Wire & Electronics is not responsible for typographical or clerical errors made in any quotation or order. All such errors shall be subject to correction. Additions and/or changes made by the Buyer, upon acceptance by Norfolk Wire & Electronics may result in additional charges to the Buyer.

3. WARRANTY, DISCLAIMER AND EXCLUSIONS:

Norfolk Wire & Electronics assigns to the Buyer all rights and remedies, if any, under any express and implied warranties of the manufacturer of the goods. Norfolk Wire & Electronics makes no other warranties, express or implied and disclaims NORFOLK WIRE & ELECTRONICS ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS, AND ALSO DISCLANORFOLK WIRE & ELECTRONICS ANY LIABILITY BASED UPON NEGLIGENCE OR STRICT LIABILITY IN TORT.  IN NO EVENT SHALL NORFOLK WIRE & ELECTRONICS BE LIABLE FOR SPECIAL, PUNITIVE, INCIDENTAL, OR CONSEQUENTIAL DAMAGES NOR FOR INDEMNITY OR CONTRIBUTION FOR DAMAGES SUFFERED BY THIRD PARTIES. This limitation of remedies applies to Norfolk Wire & Electronics based upon warranty, tort or other legal theory.

4. LIMITATION OF LIABILITY:

Norfolk Wire & Electronics' liability for any claim shall be limited to an amount equal to the amount of monies actually received by Norfolk Wire & Electronics for the goods which give particular rise to the claim. These limitations of liability apply to all claims against Norfolk Wire & Electronics, including without limitation, those based upon contract, warranty, tort (including negligence), and strict liability. Norfolk Wire & Electronics will not be liable to Buyer or anyone for any special, indirect, incidental or consequential damages or expenses of any kind arising out of or in connection with this agreement or due to the Buyers sale, handling or use of the goods or services sold hereunder.

5. FORCE MAJURE:

If performance is made commercially impractical or impossible, or delays result because of the occurrence of a contingency beyond the reasonable control of Norfolk Wire & Electronics, our quotation, and any contract deriving here from, shall be voidable upon Norfolk Wire & Electronics' notice to the Buyer. In the event of delay in performance due to any such cause, the date of delivery or time of completion will be extended by a period of time reasonably necessary to overcome the effect of such delay.

6. PAYMENT AND SECURITY INTEREST:

If you are a credit card customer, you agree to pay at the time of purchase the cost of material, and any shipping and handling charges and taxes. If you are a Norfolk Wire & Electronics Account Holder the following provisions apply: Norfolk Wire & Electronics may invoice items separately. Payment is due in U.S. currency, 30 days from the date of invoice. Any specified cash discounts must be authorized in advance, and are allowed if remittance is postmarked by the 10th day following the date of invoice. Such cash discounts may be offered at the sole discretion of Norfolk Wire & Electronics and are not to be implied as offered unless specifically stated. Invoices are net thereafter and become past due on the 31st day subsequent to the invoice date. A late payment charge may be assessed on amounts past due at a rate to be determined by Norfolk Wire & Electronics, which shall not exceed the maximum rate permitted by law. Buyer shall be liable for all expenses, including attorney fees, relating to the collection of past due amounts. To secure payment of sums due, Norfolk Wire & Electronics may require the Buyer to grant to Norfolk Wire & Electronics a purchase money security interest in the goods purchased and in the proceeds thereof. At Norfolk Wire & Electronics request, the buyer shall sign financing statements and other documents necessary to perfect and continue the security interest. If Norfolk Wire & Electronics in its sole judgment questions the Buyer's ability to pay for the goods, Norfolk Wire & Electronics may, at any time, require payment in full in advance of delivery or manufacture of the goods. Failure to adhere to our terms may result in a shipping hold on all orders and/or a reduction in the amount of credit the Company will extend. All payments are to be made to:

Norfolk Wire & Electronics
5301 Cleveland Street
Virginia Beach, VA 23462

Payments should include a remittance advice designating the invoices and other charges being paid.

 
Last updated: Monday, April 17, 2014