Terms of Sale

The goods herein described are shipped subject (i) to weight variance of +/- 10% of Purchaser’s order, (ii) to shipment in whole or part at the sole discretion of Pounds of Plastic Inc. (Company), (iii) to invoice immediately for shipment(s). If goods are rejected, written notice must be given to Company; such notice must be received not later than 24 hours after Purchaser’s receipt of goods. Permission must be obtained from Company prior to returning any goods. All returned goods must be returned freight prepaid and be accompanied by a valid Returns Authorization Number (RMA) and relevant copy of the invoice. All credits, if and when issued, except in the case of shipping error by the Company, are subject to a minimum return charge of 25% of the invoiced amount. All goods accepted for return must be received by the Company within 30 days of original shipment and in original sealed packaging. No open containers will be accepted.

All payments are due in accordance with invoice terms from date of Company’s shipment date to Purchaser. If partial shipments are made at different times, prorated payments shall be made. Purchaser agrees that should any payments not be made when due, interest on such overdue payments shall be paid by Purchaser including interest charges, at 2% per month, until the invoice(s) have been fully paid. This shall not be construed as obligating the Company to grant any extension of time in terms of payment. Under no circumstances shall Company be liable for consequential or other damages, losses or expenses in connection with or by reason of the use of or inability of the Purchaser to use goods purchased for any purpose. Company expressly disclaims any warranty of merchantability or fitness for any particular use or purpose. In any event the Company’s liability for damages of any kind whatsoever based upon goods described herein shall not in any event exceed the purchase price of the specific goods.

Purchaser is responsible for understanding the properties and characteristics of regrind, reprocessed and virgin materials. There is no guarantee of physical properties or suitability. All sales of regrind and reprocessed material are final. No returns. No warranty is expressed or implied.