General Terms and Conditions
SRK’s terms and conditions are exclusively applicable to all Buyers (Clients) and Suppliers. The applicability of general terms and conditions applied by Buyer and Suppliers are herewith explicitly rejected. The signatory (Buyer/Seller) to these terms and conditions warrants that he/she has legal capacity to bind the Buyer.
SRK from time to time is entitled to make changes to these General Terms and Conditions.
If any clause of these General Terms and Conditions is null and void or becomes null and void then the remainder of the General Terms and Conditions shall remain in force as far as possible and the relevant clause shall be replaced by a clause that reflects the intention of the original clause as much as possible.
Buyers: Prices include value added; sales tax.
Suppliers: The sale prices shall include the cost of goods and all pertinent taxes.
2. Suppliers Delivery
Supplies shall be made against a written SRK order/request issued by an authorized signatory. The Supplier warrants that the Supply will be provided in an efficient manner in accordance with the order or a subsequent written variation. The Supply will be of the highest standard and in accordance with the Company’s specifications (where those specifications are made known to the Supplier) or in the absence of such specifications, in accordance with applicable standards. The Goods will be free from defects in design, materials and workmanship and suitable for the relevant purpose of those Goods; and will be delivered within the agreed timelines. If the Supplier misses a delivery date, the Supplier is fully liable for any damage caused by late delivery, unless a late delivery has been explicitly confirmed by SRK.
3. Conditions for Seedlings, unrooted cuttings and Tissue Culture
Delivery of material for orders:
Seedlings Pre commercial / commercial
4. Invoicing & credit
Buyers: Invoices will be issued weekly. All payments must be made less Withholding Tax. No offsetting whatsoever is permitted, unless otherwise agreed with SRK in writing.
Suppliers: The Supplier shall issue an invoice to SRK for the Supply at the agreed frequency during the period in which Supply is provided and calculated by reference to the prices or other amounts specified in the Purchase Order.
Invoices must be in a form acceptable to the Company and must contain a brief description of the Supply provided.
Suppliers will be paid after delivery of the order.
Buyers FOB; Sales by SRK to the buyer shall be deemed to have been delivered and in good condition, unless the buyer has clearly listed the non-conformity in writing, within 24 hours from arrival at JKIA.
Buyers FH; Sales by SRK to the buyer shall be deemed to have been delivered and in good condition, unless the buyer has clearly listed the non-conformity in writing, within 24 hours from arrival at the designated delivery location.
Buyers: Upon acceptance by the freight agent or appointed recipient at JKIA of SRK products, all risks and title in the goods passes to the Buyer. The Buyer shall ensure that it takes out any insurance required to protect the goods from this point forward. The Buyer shall be deemed to have accepted the correctness of all invoices issued by SRK in respect of the quantity and prices levied in the invoices unless the Buyer has objected in writing to any such invoice within a period of twenty-four (24) hours of the time of receipt of such invoice. SRK shall not be liable to the Buyer for any loss of business, damages or losses whatsoever due to delays in delivery or non-availability of products ordered.
Suppliers: If SRK’s Supplier has not delivered the order within the predefined time, the supplier accepts fully that it is liable for SRK’s loss of profit, consequential loss and non-material damage. The Suppliers agrees to SRK’s right to terminate the Supplier’s agreement immediately and without cost and holds SRK harmless against claims, damages or liabilities.
7. Force majeure
Force majeure are defined as instances that prevent the fulfilment of the commitment and which cannot be attributed to SRK. If and insofar as these circumstances make fulfilment impossible or interfere unreasonably with the fulfilment this includes:
Terrorism, war, civil unrest, disaster, weather and suchlike.
Any impediment on the part of the Buyer, for whatever reason, which results in the contract not proceeding in full or in part, shall not release the Buyer from its obligation to pay the total price stated in the contract.
9. Disputes & costs
10. Intellectual property
Copyrights and other intellectual and/or industrial property rights, trademarks are retained by SRK and /or are automatically transferred and assigned to SRK explicitly by any supplier (receiving party on any person on its behalf) who has worked under direct instruction ‘disclosure’ from SRK on said intellectual property. If the receiving party registers said intellectual property the receiving party explicitly agrees to assign at its own cost the intellectual property to SRK.
11. Governing law and jurisdiction
The agreement between SRK and the Buyer / Supplier is subject to the laws of the Republic of Kenya. Any dispute as to the interpretation of any provision in these terms and conditions shall be referred to arbitration as per the provisions of the Arbitration Act Number 4 of 1995 Laws of Kenya before a single arbitrator to be agreed on between the parties and in the failure of such an agreement appointed by the Chairman for the time being of the Chartered Institute of Arbitrators Kenya Branch. Any award by such a process shall be final and binding on all the parties.