Meridian Sales Terms & Conditions

In accordance with good business practice it is appropriate to draw attention to the paragraphs, 21-22 and 26-27, in this document which limit our liability under certain circumstances

  • Preliminary

    1. In these terms, “Company” means Meridian IT (United Kingdom) Limited (registered in England and Wales with company number 02654994); “Buyer” means the person, firm or company buying goods from the Company, “Contract” means the contract between the Buyer and Company for the sale and purchase of the Goods, and “Goods” means the Goods (including any instalment of the goods or any parts for them) which the Company is to supply under the Contract; Order means the order of the Buyer for the Goods, as set out in any purchase order from from the Buyer.

  • Contract

    2. The Company shall sell and the Buyer shall buy the Goods in accordance with any Order which is accepted by the Company. Any Order shall only be deemed to be accepted when the Company issues a written acceptance of the Order, at which point the Contract shall first come into existence. These Terms apply to the Contract to the exclusion of any other terms that the Customer seeks to impose or incorporate, or which are implied by trade, custom, practice or course of dealing. The Order constitutes an offer by the Customer to buy the Goods in accordance with these Terms. The Buyer is responsible for ensuring that the terms of the Order and any applicable Specification submitted by them are complete and accurate.

  • Price and Price Change

    3. Quoted prices include the cost of normal packaging and delivery but exclude any installation costs (which shall be payable by the Buyer in addition to the quoted price) unless otherwise agreed in writing. The quoted price is exclusive of any applicable Value Added Tax, which shall be payable by the Buyer in addition to the quoted price.

    4. In the case of Goods supplied as new from the manufacturer, the price for the Goods shall be directly related to that of the manufacturer at the date of despatch and any changes in the manufacturer’s price, from the date of original contract to the date of delivery, shall result in a pro rata change in the price payable by the Buyer.

    5. The Company reserves the right to amend its quoted prices at any time prior to the date of despatch to take into account increases in costs including but not limited to costs incurred due to changes in any taxes, exchange rates or any factors beyond the Company’s control.

    6. All drawings, specifications, software and technical documents issued by the Company are issued solely for the Buyer’s use in buying and using the Goods and shall not be copied, reproduced or communicated to any third party. The specification and description of the Goods appearing in our order acknowledgement is for identification purposes only and shall not constitute the sale of the Goods as a sale by description. Any indication of the age of the Goods, whether verbal or otherwise, shall be given in good faith only and shall not form a term of the Contract. The Goods shall be sold free of all encumbrances, liens, charges and claims whatsoever.

    7. Any performance figures quoted or referred to in any specification or other document are estimates only based on the manufacturer’s quoted figures and assume operation by experienced personnel together with use of specified materials. Such information shall not form part of the Contract.

  • Delivery

    8. Delivery of the Goods shall be to a delivery address reasonably notified by the Buyer to the Company and shall be complete when the Goods are removed from a vehicle there.

    9. Delivery of the Goods to the delivery address shall be made at any time within 7 days of a date which the Company shall tell the Buyer is the expected delivery date. If the Buyer fails to take delivery of the Goods when thus delivered, the Company may at its discretion remove and store them at the expense of the Buyer and redeliver at another time, or sell them at the best price readily obtainable and (after deducting reasonable storage and selling expenses) charge the Buyer for any shortfall below the Contract price. If the Buyer refuses to accept delivery in breach of Contract, it shall immediately be liable to the Company for the whole purchase price.

    10. Any delivery dates are approximate and the Company shall not be liable for loss caused by delay in delivery, however caused. Time of delivery is not of the essence of the Contract. Late delivery shall not entitle the Buyer to refuse delivery or to cancel the Contract.

    11. If the Company fails to deliver the Goods in accordance with the Contract, its liability shall be limited to the costs and expenses incurred by the Customer in obtaining other similar quality goods in the cheapest market available, less the price of the Goods. The Company shall have no liability for any failure to deliver the Goods to the extent that such failure is caused by Force Majeure or the failure of the Customer to provide the Company with adequate delivery instructions or any other instructions that are relevant to the supply of the Goods.

  • Title and Risk

    12. The risk in the Goods shall pass to the Customer on completion of delivery, or, if the Buyer fails to take delivery of the Goods in breach of contract, at the time when the Company tendered delivery of the Goods.

    13. Notwithstanding delivery and the passing of risk in the Goods, or any other provision of these Conditions, the title to the Goods shall remain vested in the Company until the Company has received from the Buyer in cash or cleared funds all monies which are then due from the Buyer to the Company under this or any other Contract for the supply of the Goods or other goods. Until such time as the property in the Goods passes to the Buyer, the Buyer shall hold the Goods as the Company’s fiduciary agent and bailee, and shall store such Goods and materials separately from the Goods of the Buyer at no cost to the Company so that they are properly protected, insured and clearly identified as belonging to the Company. Until that time the Buyer shall be entitled to resell or use the Goods in the ordinary course of its business.

    14. Until such time as the property in the Goods passes to the Buyer (and provided that the Goods are still in existence and have not been resold) the Company shall be entitled at any time to require the Buyer to deliver up the Goods to the Company and, if the Buyer fails to do so forthwith on demand, to enter any premises of the Buyer or any third party where the Goods are stored and repossess them.

    15. The Buyer shall not be entitled to pledge or in any way charge by way of security for any indebtedness any of the Goods which remain the property of the Company, but, if the Buyer purports to do so, all monies owing by the Buyer to the Company shall (without prejudice to any other right or remedy of the Company) forthwith become due and payable. 

  • Insolvency of Buyer

    16. If the Buyer:
    (a) If a company; has a petition presented for its winding up, passes a resolution for voluntary winding up, enters into a voluntary arrangement with its creditors, becomes subject to an administration order, goes into liquidation (other than for the purposes of a solvent amalgamation or reconstruction) or has a Receiver appointed for all or any of its assets; or
    (b) If an individual; becomes bankrupt or enters into a voluntary arrangement with creditors or
    (c) Ceases, or threatens to cease, to carry on business; or if the Company reasonably apprehends that any of these events is about to occur in relation to the Buyer and notifies the Buyer accordingly, then the provisions of Condition 17 shall apply.

    17. If any of the events in Condition 16 arise:
    (a) The Company shall be entitled to cancel the Contract or suspend deliveries under the Contract without liability to the Buyer,
    (b) If the Goods have been delivered but not paid for, payment shall become due immediately
    regardless of any previous agreement to the contrary; and
    (c) The Company may re-take possession from the Buyer of the Goods, for which payment has not been made, without prior notice and for that purpose to enter upon any premises where the Buyer has the Goods.
  • Payment

    18. Unless otherwise agreed in writing and subject to Term 16, the price shall be paid in full by the 30th day after the date of invoice, without deduction for any set off or counterclaim, in default of which interest shall be payable (both before and after any judgement) at the rate of 4% per annum over the base rate for the time being of Barclays Bank plc (such interest being deemed to accrue from day to day and being compounded on the last day of each calendar month) until payment is made. Interest shall continue to accrue after any order, resolution or appointment for the liquidation, winding up, receivership or bankruptcy of the Buyer.

    19. The time of payment shall be of the essence of the Contract.

    20. Any payment by the Buyer after default may be applied at the option of the Company to any outstanding invoice or to interest before capital.
  • Loss or Damage in Transit, Non Delivery or Failure to Function when Installed

    21. The Buyer shall carefully inspect and test the Goods within 7 days of delivery, and:
    21.1 Any claim for non-delivery of any Goods shall be notified in writing by the Buyer to the Company within 7 days of the date of delivery.
    21.2 Any claim based on any defect in the quality or condition of the Goods or their failure to correspond with specification shall (whether or not delivery is refused by the Buyer) be notified to the Company within 7 days after delivery or (where the defect or failure was not apparent on such careful inspection and testing) within 7 days of the date when any defect or failure in the goods was discovered or became reasonably discoverable by the Buyer.

    22. If delivery is not refused, and the Buyer does not tell the Company of any claim in accordance with Clause 21, the Buyer shall not be entitled to reject the Goods and the Company shall have no liability for such defects or failure, and the Buyer shall pay the price as if the Goods had been delivered in accordance with the Contract.

  • Maintenance

    23. Where Goods have been supplied to the Buyer on the basis that the Goods will be accepted onto the manufacturer’s scheduled maintenance, the Buyer must immediately request the manufacturer (in compliance with the manufacturer’s requirements) to accept the Goods onto its maintenance schedule, and unless the Company have been told in writing within 7 days from the date of delivery (or installation, if later) that the manufacturer will not accept the Goods onto its maintenance schedule because of a defect in them, it will be deemed that the Goods have been accepted and the maintaining manufacturer will be responsible for all future support for the equipment and the Company shall have no liability for the maintenance of the Goods.

  • Extension of Benefits

    24. The Company shall use all reasonable endeavours to assign or extend to the Buyer the benefit of any guarantee, condition or warranty which may have been given to the Company by the manufacturer or supplier to the Company, or otherwise implied in favour of the Company, provided always that the Goods are not sold with or subject to any conditions or warranty about freedom from defects, apart from those in the said guarantee, condition or warranty, in design, material or workmanship, satisfactory quality or fitness for any particular purpose, either express or implied by statute or otherwise, and all such conditions and warranties are hereby excluded to the fullest extent permitted by law. The Buyer shall fully indemnify the Company against all costs, claims, damages and expenses incurred or to be incurred by the Company in connection with the enforcement of any manufacturer’s guarantee, condition or warranty. 

  • Installation

    25. If the terms of this Contract provide for any part of the price of the Goods to be paid after installation, and such installation is not begun within 5 days of delivery of the Goods by the Company to the Buyer’s designated location for any reason outside the Company’s control, then at the end of such 5 day period the Goods shall be deemed to have been installed and the Buyer shall immediately become liable for the entire purchase price of the Goods.

  • Liability of the Company

    26.The Company shall not be liable to the Buyer by reason of any representation or any implied warranty condition or other term, or any duty at common law, or under the express terms of the Contract for any consequential loss or damage (whether for loss of profit or otherwise), costs, expenses, or other claim for consequential compensation whatsoever (and whether caused by the negligence of the Company, its employees or agents or otherwise) which arises out of or in connection with the supply of the Goods or their resale by the Buyer, except as expressly provided in these Conditions, PROVIDED THAT nothing in these Terms shall limit or exclude the Company’s liability for:
    (a) death or personal injury caused by its negligence, or the negligence of its employees, agents or subcontractors (as applicable); or 
    (b) fraud or fraudulent misrepresentation; or 
    (c) breach of the terms implied by section 12 of the Sale of Goods Act 1979; or
    (d) defective products under the Consumer Protection Act 1987; or
    (e) any matter in respect of which it would be unlawful for the Company to exclude or restrict liability. 

    27. Subject to clause 26:  
    (a) The Company shall under no circumstances whatever be liable to the Customer, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for any loss of profit, or any indirect or consequential loss arising under or in connection with the Contract; and
    (b) the total liability of the Company to the Customer in respect of all other losses arising under or in connection with the Contract, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, shall in no circumstances exceed the sale price of the goods 

  • Anti-Bribery and Anti-Corruption

    28.1The Company shall:
    (a) comply with all applicable laws, statutes, regulations relating to anti-bribery and anti-corruption including but not limited to the Bribery Act 2010 (Relevant Requirements);
    (b) promptly tell the Buyer of any request or demand for any undue financial or other advantage of any kind received by the Company in connection with the performance of this agreement;
    (c) immediately tell the Buyer if a foreign public official is or becomes during the performance of the contract an officer or employee of the Company;
    (d) have in place, comply with and enforce its own policies and procedures to ensure compliance with the Bribery Act 2010 .
    28.2 The Company shall ensure that any person associated with it who is providing goods in connection with this agreement does so only on the basis of a written contract which imposes on and secures from such person terms equivalent to those imposed on the it in this clause (Relevant Terms).

  • Order Cancellation

    29. Where the Buyer wishes to cancel all or part of the Contract the Company may, but shall not be required to, accept such termination, in which case the Buyer shall pay to the Company any costs incurred by the Company in purchasing the Goods for the purpose of fulfilling the Contract prior to the Buyer’s notification of its wish to cancel, together with any costs reasonably incurred by the Company in connection with the Contract prior to such notification and any of loss of profit arising from the cancellation.

  • Force Majeure

    30. The Company shall not be liable to the buyer for any delay or failure in performance of its obligations under the contract which is due to circumstances beyond its reasonable control, including but not limited to delays or defaults of suppliers or any sub-contractor, war or threat of war, strike, lock out or other industrial action, flood, Act of God, explosion, fire, accident to plant machinery, power failure or breakdown in machinery, or shortage of materials or labour.

  • Governing Law

    31. These Conditions may only be varied by agreement in writing between the parties signed by an authorised signatory of each party. 
    32. This Contract shall be construed and take effect in accordance with the laws of England. Each of the parties irrevocably submits for all purposes in connection with these Conditions to the exclusive jurisdiction of the courts of England. 

Meridian Leasing Corporation Used Medical Equipment Sales Terms & Conditions

  • Definitions

    "Seller”: Meridian Leasing Corporation an Illinois corporation, having its principal place of business at Nine Parkway North, Suite 500, Deerfield, Illinois 60015

    "Purchaser”: Customer identified on the Seller quotation or proposal ("Quotation”)

    "Equipment”: Hardware and any embedded software that is included with the hardware and set forth on the Quotation

    "Services”: Product support or professional service

    "Service Provider”: Any third-party providing services

  • Sales Terms and Conditions

    These terms and conditions constitute an integral part of any contract between the Seller and Purchaser. Purchaser shall be deemed to have assented to and to have waived any objection to, these terms and conditions upon the earliest to occur of any of the following: (i) Purchaser’s execution of the Quotation; (ii) Purchaser’s acceptance of all or any part of the Equipment in accordance with the terms hereof; (iii) Purchaser’s issuance of a purchase order for Equipment identified on the Quotation; or (d) delivery of the Equipment to the common carrier for shipment in accordance with these terms and conditions.
  • Used Equipment

    The Equipment sold pursuant to a Quotation is "Used Equipment”. Used Equipment is identified as pre-owned, off-lease, refurbished, reconditioned or demonstration equipment and has been previously used. It is not new. When delivered, Used Equipment may have received reconditioning, as necessary, to meet certain specifications ("Specifications”). Since Used Equipment may be offered simultaneously to several customers, its sale is subject to availability. If it is no longer available, (i) Seller will attempt to identify other Used Equipment in its inventory that meets Purchaser’s needs, and (ii) if substitute Used Equipment is not acceptable, Seller will cancel the order and refund any deposit Purchaser paid for the Used Equipment.

    Seller will not be held responsible for any licensing agreements or the transferring of any operational or service-related OEM software and/or hard drive. The Seller does not guarantee any licensing sold with the Equipment. If licensing is present with the Equipment, the Purchaser takes full responsibility regarding replacement of licensing if any issues should occur.

  • Sale Price

    QUOTATIONS: The sale price set forth in the Quotation (the "Sale Price”) is for the Equipment only, unless otherwise agreed to in writing or set forth in the Quotation.

    TAXES: Prices do not include applicable taxes, which are Purchaser’s responsibility.

  • Payment

    PAYMENTS; DUE DATE: Unless otherwise set forth in the Quotation, Purchaser shall pay Seller as follows: (i) an initial deposit of 20% of the Sale Price of the Equipment due upon submission of the purchase order, (ii) an additional 70% of the Sale Price is due upon delivery of the Equipment and (iii) the final 10% of the Sale Price is due upon completion of installation or when the Equipment is available for first patient use, whichever occurs first. Unless otherwise agreed, all payments other than the initial deposit are due net thirty (30) days from the date of invoice. Seller shall have no obligation to complete installation until payment due upon delivery is received. Partial shipments shall be billed as made, and payments for such shipments will be made in accordance with the foregoing payments terms.

    LATE PAYMENT: A service charge of one and one half (1½%) percent per month, not to exceed the maximum rate allowed by law, shall be made on any portion of Purchaser’s outstanding balance which is not paid when due. Payment of such service charge shall not excuse or cure Purchaser’s breach or default for late payments.

    FINANCING: Not withstanding any arrangement that Purchaser may make for the financing of the Sale Price, the parties agree that any such financing arrangements shall have no effect on the Purchaser’s payment obligations under these Terms and Conditions.

  • Security Interest/Filing

    Purchaser grants Seller a purchase money security interest in the Equipment to secure payment of the Sale Price in full. Purchaser hereby authorizes Seller to file a financing statement reflecting such security interest.
  • Delivery

    Delivery dates are approximate. The Equipment may be delivered in installments. Seller may invoice multiple installment deliveries on a consolidated basis, but this does not release Customer’s obligation to pay for each installment delivery. Delivery occurs: (i) for Equipment, on electronic or physical delivery to Customer; and (iii) for Services, on performance.

    Purchaser shall accept delivery of the Equipment within the timeframe specified on the executed Quotation. Irrespective of any other provisions hereof, Seller shall bear the risk of damage from fire, the elements or otherwise until such time as the Equipment has been delivered to Purchaser. All shipping, installation and insurance costs shall be borne and paid by the Purchaser.

  • Force Majeure

    Seller shall not be liable for any loss or damage for delay in delivery, inability to install or any other failure to perform due to causes beyond its reasonable control included but not limited to, acts of God or the public, war, civil commotion, blockades, embargoes, calamities, floods, fires, earthquakes, explosions, storms, strikes, lockouts, labor disputes, or unavailability of labor, raw materials, power or supplies. Should such a delay occur, Seller may reasonably extend delivery or production schedules or, at its option, cancel the order in whole or part without liability other than to return any unearned deposit or prepayment.
  • Title

    Title to the Equipment will be free and clear of all liens, claims and encumbrance of any kind and shall vest in, upon delivery of the Equipment and payment of the entire purchase price required to be paid pursuant to Section 5 hereof.
  • Installation

    Unless otherwise expressly stipulated in writing, the Equipment shall be installed by Seller or a Service Provider at Purchaser’s expense. In no instance shall Seller or a Service Provider provide rigging or site preparation services unless otherwise agreed to in writing by Seller for an additional charge.

    If installation services are provided by a Service Provider (i) Seller is purchasing such installation services from the Service Provider on behalf of Purchaser at its request and not as its agent or supplier; (ii) Seller provides no warranties or indemnification, express or implied; and (iii) Purchaser is responsible for all claims resulting from or related to their acquisition or use.

    Purchaser shall have the installation site available prior to the delivery of the Equipment. Purchaser must, at its expense, prepare the site and network where the Equipment will be installed, ensuring that its site and network are adequate for proper Equipment operation and performance and meet written OEM requirements and applicable laws. Seller may refuse to deliver or install if the site has not been properly prepared or there are other impediments. Purchaser shall have a qualified representative available to certify that the installation meets the criteria of any applicable agreement with Seller.

  • Cancellation

    If Purchaser cancels an order prior to shipment without Seller’s written consent, Seller may charge (i) a fee of 10% of the Sale Price and shall retain any deposit previously made; and (ii) for site evaluation performed prior to cancellation. Seller will be responsible for any fees incurred.
  • Acceptance

    Beginning on completion of installation or delivery (if installation is not required), Purchaser will have five (5) days to determine if the Equipment operates substantially in accordance with Specifications ("Equipment Test Period”). If the Equipment fails to perform accordingly, Purchaser will provide to Seller no later than the end of the Equipment Test Period: (i) written notice; (ii) access to the Equipment; and (iii) a reasonable time to bring the Equipment into compliance. After correction by Seller, Purchaser will have three (3) days to continue testing. Equipment is accepted on the earlier of (i) expiration of the Equipment Test period; or (ii) the date the Equipment is first used for non-acceptance testing purposes.
  • Maintenance and Warranty

    Except as may be specifically described in the Quotation, Purchaser is accepting the Equipment AS IS. Seller shall have no liability or responsibility for the Equipment, and all warranties contained herein and under applicable law are disclaimed.

    SELLER MAKES NO WARRANTY OR REPRESENTATION, EITHER EXPRESS OR IMPLIED, AS TO THE DESIGN, OPERATION OR CONDITION OF, OR AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP IN, THE EQUIPMENT AND ALL WARRANTIES INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE ARE HEREBY EXCLUDED.

    THIRD-PARTY SERVICE: Seller may arrange a service contract on Purchaser’s behalf as its agent and not as a supplier; (ii) Seller provides no warranties or indemnification, express or implied; and (iii) Purchaser is responsible for all claims resulting from or related to their acquisition or use.

  • Limitation of Liability

    14.1. In no event shall Seller’s liability hereunder exceed the actual loss or damage sustained by Purchaser, up to the purchase price of the Equipment. The foregoing limitation of liability shall not apply to claims for bodily injury or damages to real property or tangible personal property to the extent arising from Seller’s negligence or a product defect.

    14.2. SELLER SHALL NOT BE LIABLE FOR ANY LOSS OF USE, REVENUE OR ANTICIPATED PROFITS; COST OF SUBSTITUTE PRODUCTS OR SERVICES; LOSS OF STORED, TRANSMITTED OR RECORDED DATA; OR FOR ANY INDIRECT, INCIDENTAL, UNFORESEEN, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR ANY OTHER THEORY OR FORM OF ACTION, EVEN IF SELLER HAS BEEN ADVISED OF THE POSSIBILITY THEREOF, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR THE SALE OR USE OF THE EQUIPMENT. THE FOREGOING IS A SEPARATE, ESSENTIAL TERM OF THIS AGREEMENT AND SHALL BE EFFECTIVE UPON THE FAILURE OF ANY REMEDY, EXCLUSIVE OR NOT.

  • Miscellaneous

    15.1. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

    15.2. This Agreement shall be governed by and construed in accordance with the internal laws of the State of Illinois including all matters of construction, validity, performance and enforcement.

    15.3. Purchase Orders, invoices quotes and/or order acknowledgments, if accepted by Purchaser, shall be binding only with respect to (i) the Equipment ordered; (ii) the fees therefor; and (iii) the delivery location. Other terms and preprinted terms on or attached to any purchase order, quote and/or order acknowledgment shall be void and of no effect.

    15.4. Seller shall be entitled to recover any out-of-pocket costs and expenses incurred in connection with the enforcement of this Agreement, including, without limitation, court costs and reasonable attorney’s fees.

    15.5. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original and of equal force and effect.

    15.6. No revision or modification of this Agreement shall be effective unless it is in writing and signed by duly authorized officers of Purchaser and Seller.

    15.7. Purchaser shall assume sole responsibility for obtaining any required export authorizations in connection with Purchaser’s export of the products from the country of delivery.

     

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