GES EMEA Policy Documents

Terms and Conditions of Purchase

Issue link: https://insights.ges.com/i/962121

Contents of this Issue

Navigation

Page 8 of 18

Terms and Conditions of Purchase Page 9 of 18 March 2021 legally transferred) hold all such rights on trust for us absolutely for the maximum permitted period of eighty years. We have your irrevocable power of attorney to execute any such documents and make any such declarations on your behalf if you fail to do so promptly on request. 7.4 If you carry out any development work at our request and wholly or primarily at our expense we will own all intellectual property rights generated by that work, and section 7.3 will apply to those rights. 7.5 You will do anything reasonably required by us, during or after Performance, to perfect any transfer or licence of rights to us under this section or to assist us in registering or authenticating (but not at your cost enforcing or defending) those rights. 8 Termination 8.1 If goods have been offered by you as and they are, standard or stock items we can, by notice to you, at any time up to delivery cancel our commitment to buy them. In the case of services, we can, by notice to you, at any time up to delivery or the scheduled on-site time, cancel our commitment to buy them. Any other commitment of ours to receive and pay for Deliverables may be cancelled by us upon written notice under the following conditions. We will be bound to reimburse you for all irrecoverable costs incurred, or unavoidably committed, by you up to the point of cancellation. By "costs" is meant for this purpose the direct costs to you of Performance, to an aggregate amount not exceeding 80% of the purchase price for the cancelled commitment. We will be entitled, if we wish it, to the benefit of the part-finished Deliverables in question. 8.2 We may suspend performance of, or cancel, or suspend and then at any subsequent time cancel, the contract without any liability to you if you breach its terms, or if your business fails.

Articles in this issue

view archives of GES EMEA Policy Documents - Terms and Conditions of Purchase