Terms and Conditions of Sale: Please note that any PO terms that differ from those that appear on Innovative Mold Inc.’s Quotation are null and void unless both parties have agreed upon them in writing, as indicated by a signed acknowledgment from Innovative. All prices are based on costs and conditions existing on the date of the Quotation, and are subject to change by Innovative before final acceptance. Typographical errors are subject to correction. Purchaser assumes liability for patent, copyright infringement and product liability. When the Quotation specifies material to be furnished by the Purchaser, material must be of acceptable quality to facilitate efficient production. Conditions not specifically stated in Quotation shall be governed by established trade customs. Michigan mold lien Act applies to all sales. Innovative Mold reserves the right to scrap prototype tools after two years of inactivity. For any invoices issued by Innovative related to the Quotation, a finance charge of 1.5% per month (annual percentage rate of 18%) will be charged on all amounts over thirty (30) days past due. If it becomes necessary for Innovative to collect unpaid sums (including partially or wholly unpaid invoices), the Purchaser agrees to pay all associated costs, including attorney fees.  Innovative and Purchaser agree that any legal or equitable action for claims, debts or obligations arising out of, or to enforce the terms of the contract between Innovative and Purchaser, may be brought by Innovative in the Circuit Court for Macomb County, Michigan, or in any district court located in Macomb County, Michigan. Innovative and Purchaser further agree that such court shall have personam jurisdiction over the parties, and venue of the action shall be appropriate.

 

Terms and Conditions of Sale: A finance charge of 1.5% per month (annual percentage rate of 18%) will be charged on all amounts over thirty (30) days past due. Michigan mold lien Act applies to all sales. If it becomes necessary for Innovative to collect unpaid sums (including partially or wholly unpaid invoices), the Purchaser agrees to pay all associated costs, including attorney fees.  Innovative and Purchaser agree that any legal or equitable action for claims, debts or obligations arising out of, or to enforce the terms of the contract between Innovative and Purchaser, may be brought by Innovative in the Circuit Court for Macomb County, Michigan, or in any district court located in Macomb County, Michigan. Innovative and Purchaser further agree that such court shall have personam jurisdiction over the parties, and venue of the action shall be appropriate.