Terms

1. General
   • The general terms and conditions shall apply to every quotation of Euro Atlantic Metal ve Kauçuk Teknolojileri Sanayi(“Euro-Atlantic”) and to all agreements for the sale and/or delivery of products by Euro-Atlantic to a Purchaser.
   • Stipulations varying from these general terms and conditions shall apply only if and to the extent these are agreed upon expressly in writing.
   • The applicability of the Purchaser’s general terms and conditions shall be expressly exclude
2. Quotations
   • Every quotation made by Euro-Atlantic, in any form whatsoever, shall be free of obligation.
   • If the Purchaser accepts a quotation from Euro-Atlantic , Euro-Atlantic shall be entitled to withdraw the quotation within two working days of receipt of the acceptanc
   • Unless otherwise stated, all prices stated in quotations and agreements shall be in euros, exclusive of VAT and any transport or other cost
   • Any supplements and/or amendments to the quotations given by Euro-Atlantic shall only apply between the parties if Euro-Atlantic has agreed in writing thereto.
   • Euro-Atlantic shall be entitled at the time the agreement is concluded with the Purchaser, or thereafter, to call for security for the fulfilment of the Purchaser’s payment obligations or to require advance payment, before performing any further under the agreemen

1. Invoices and Payment
   • Unless a different period is stated on the invoice, amounts invoiced by Euro-Atlantic must be paid within 21 days by way of transfer into its bank accoun
   • If the amount is not received in Euro-Atlantic’s account within the period referred to in Article 3.1, Euro-Atlantic shall be entitled to payment of penalty interest of 1% per month. In addition, Euro-Atlantic shall be entitled to compensation of all reasonable judicial and extrajudicial costs that it incurs in relation to non-payment or late paymen
   • If an invoice is not paid on time or in full, Euro-Atlantic shall be entitled to suspend further fulfilment of any obligation towards the Purchaser until payment has been received in fu
   • The right of the Purchaser to suspend or set-off amounts that it owes shall be exclude
   • In the event of disagreement on the correct amount that the Euro-Atlantic owes Euro-Atlantic , Euro-Atlantic’s administrative records shall be decisive, unless the Purchaser submits written proof to the contrar

1. Place & Method of Delivery
   • Unless otherwise agreed, delivery shall place “Ex Works” (as referred to in the ICC Incoterms 2000). This means, among other things, that Euro-Atlantic shall deliver the products by making them available for collection by the Purchaser from its business premises and that the products shall be for the Purchaser’s expense and risk as soon as they have left there to be transporte
   • Euro-Atlantic shall be entitled to deliver the products in consignments (partial deliveries), which may be invoiced separatel
   • The agreed delivery period shall therefore not be a strict deadlin In the event of late delivery, Euro-Atlantic must be placed in breach and given a reasonable time in which to still fulfil the agreement. If this further period is exceeded, the Purchaser shall only be entitled to terminate the agreement in respect of the products that have not yet been delivered. Euro-Atlantic shall not be liable for any damage that results from late delivery.
   • The Purchaser shall be obliged to collect the ordered products at the agreed time and place(s). If the Purchaser does not collect the products, or neglects to provide the necessary information in due time for the transport or dispatch of the products, Euro-Atlantic shall be entitled to store the products at the Purchaser’s risk and expense, notwithstanding Euro-Atlantic’s right to claim compensation for damag

1. Reservation of Title
   • All products delivered by Euro-Atlantic shall remain its property until full payment has been received of all amounts that Purchaser owes with regard to the agreement concluded between the parties (including any interest, costs and compensation for damage).
   • Until that time, the Purchaser may only alienate the aforementioned products to third parties in the ordinary course of its business. In that case, the Purchaser shall be obliged to enforce the same retention of title against the third party and to assign all its claims against such party up to the due amount (including any interest, costs and compensation for damage) to Euro-Atlantic at Euro-Atlantic’s first reques
   • As long as ownership has not passed to the Purchaser, it shall be liable towards Euro-Atlantic for any loss or damage to the products. The Purchaser shall also be obliged to insure the delivered products against loss and damag Any insurance claims by the Purchaser shall be pledged to Euro-Atlantic , at Euro-Atlantic’s first request, as additional security for its claims against the Purchaser.
   • In the event the Purchaser fails to comply with its obligations, or if Euro-Atlantic has good grounds to fear that the Purchaser will fail to comply with its obligations, Euro-Atlantic shall be entitled to reclaim the delivered products with any notice of defaul The Purchaser may not exercise a right of retention over the products.
   • As  long   as   ownership   in   the   delivered products has not passed to the Purchaser, these products shall not be pledged and no right thereto shall be given to a third par
   • The Purchaser must notify Euro-Atlantic as quickly as possible if a third party wishes to establish or enforce a right on the delivered products that are subject to retention of titl
   • The Purchaser undertakes at Euro-Atlantic’s first request to provide all cooperation with regard to measures that Euro-Atlantic wishes to adopt to protect its ownership of the delivered products.

1. Force Majeure
   • Force majeure for the purposes  hereof means: Any circumstance beyond the will of the parties and/or unforeseen circumstance which prevents or at least seriously hinders the complete or partial fulfilment of the agreement, or as a result of which fulfilment becomes so difficult or expensive that fulfilment can no longer reasonably be demanded from one of the parties. Each of the following circumstances shall qualify in all cases as force majeure: fire, extreme weather conditions, business blockades, strikes and lock-outs, disruption in the supply of products and services that are important for the parties’ performances, government measures (including  import and export stipulations) and transport problems (including extreme traffic jams).
   • The obligations of the parties shall be suspended in the event of force majeur If the period of force majeure lasts for longer than two weeks, either party shall be entitled to terminate the agreement in respect of that part which has not been performed, without recourse to the courts, and without incurring any liability to pay compensation.
   • The parties shall also be entitled to rely on force majeure if this commences once a party should already have complied with a specific obligation.

1. Termination
   • The Purchaser shall only be entitled to terminate the agreement with Euro-Atlantic :
     – under the circumstances of these general terms and conditions;
     – if Euro-Atlantic applies for a moratorium on the payment of its debts or is declared bankrup The Purchaser may not terminate the agreement other than on the aforementioned grounds.

1. Liability
   • Euro-Atlantic has an obligation to employ its best efforts to duly fulfil its agreement with the Purchaser. If Euro-Atlantic does not comply with the aforementioned obligation to employ its best efforts, it will be liable, notwithstanding the provisions of   Article 4.3 relating to its breach, for the resultant direct damage suffered by the Purchaser, provided this can be attributed to Euro-Atlantic Any liability for indirect or consequential damage, which in each case includes business stoppages, incurred losses, wasted profits or liability towards third parties, shall be excluded.
   • Euro-Atlantic’s liability shall at all times be limited to the invoice value of the delivered products as a result of which or in relation to which the damage aros
   • The limitation of liability referred shall also apply if Euro-Atlantic is held liable by the Purchaser on grounds other than contractual ones.
   • The limitation on Euro-Atlantic’s liability referred to in Article 11 shall not apply  if   Euro-Atlantic’s managerial staff act intentionally or with wilful recklessness.

1. Applicable Law
   • All quotations and agreements (and the execution thereof) shall be governed by Turkish law, with the exclusion of the Ankara Sales Convention. The provisions of any other international regulations on the sale of goods, the effect of which may be excluded by the parties, shall likewise not appl

1. Disputes
   • All disputes arising from or relating to these general terms and conditions and the agreements they apply to shall be settled by the Amsterdam District Cour

These general terms and conditions have been filed at the İzmir Ticaret Odası,.