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1994 014 Ordinance
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1994 014 Ordinance
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Last modified
11/19/2018 4:00:39 PM
Creation date
8/22/2018 10:20:59 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
014
Date
3/21/1994
Year
1994
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Mayfield Village Creative Microsystems, Inc. ', - - -- <br />OTHER HARDWARE TERMS AND CONDITIONS <br />1) Risk of Loss, Taxes, Payment: CMI shall bear all risk of loss or damage to the Equipment until delivery <br />to CUSTOMER'S location. Thereafter all risk of loss or damage shall be borne by the CUSTOMER. <br />Title to the Equipment shall not pass to CUSTOMER until CMI has2 been paid all amounts due under <br />the terms of this Agreement, including &eigb.t and installation. Sales, property, excise and other related <br />taxes pertaining to the sale shall be paid by the CUSTOMER, if applicable. CMI recognizes that the <br />CUSTOMER is currently exempt from Ohio sales and excise tax. Payment for the Equipment shall <br />occur no later than the date of delivery and certification by CMI or the authorized installation <br />representative that the Equipment is operational. <br />2) Security: CMI reserves and CUSTOMER hereby grants a purchase money interest in each item of <br />Equipment until all amounts due to CMI under the terms of this agreement are paid. CUSTOMER <br />authorizes CMI to sign and file financing statements to perfect such security interest. For the foregoing <br />purpose only, CUSTOMER hereby appoints CMI as CUSTOMER'S attorneys-in-fact, agents and <br />authorized signatories. If CUSTOMER defaults in payment to CMI, CMI shall have the right to enter <br />the premises where the Equipment is located and peaceably retake possession without posting security <br />as a condition to regaining possession thereof. In the event CUSTOMER refuses to permit CMI to <br />retake possession of the Equipment, CUSTOMER agrees to re-imburse CMI for all costs and expenses <br />incurred by CMI to retake possession thereof. CMI shall be entided to reasonable payment for such <br />time as the Equipment was in the possession or control of CUSTOMER after CUSTOMER's default. <br />All remedies available to CMI are cumulative and recourse to any remedy shall not preclude recourse <br />to others. <br />3) HARDWARE WARRANTY: THE FOLLOWING WARRANTIES ARE IN LIEU OF ALL OTHER <br />WARRANTIES EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE <br />IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR <br />PURPOSE. <br />(a) Title: CMI wanants that all Equipment delivered hereunder shall be of new manufacture and <br />CMI possesses good and clear title to said Equipment, and that there aze no pending liens, <br />claims or encumbrances against said Equipment except that due by CMI to the original <br />manufacturer or dealer which shall be liquidated by CMI within ten (10) days of the date of <br />delivery and payment by CUSTOMER. <br />(b) Equipment: CMI warrants that the Equipment delivered under this Agreement will be free <br />from defects in material and workmanship during the Wazranty Period which shall be that <br />provided by the original manufacturer and/or its direct sales representative. This limited <br />warranty shall not apply to any Equipment which has been subject to misuse, neglect, accident, <br />or any installation, repair or modification not performed or authorized by CMI or authorized <br />service personnel. <br />The foregoing constitutes CUSTOMER'S sole and exclusive remedy with respect to any breach <br />of Warranty and CMI'S liability to CUSTOMER in such event shall be limited to the repair <br />or replacement of the defective Equipment provided by CMI. <br />(c) Operating System: All operating system software shall be governed by a separate agreement <br />pertaining to the operating system(s) in use. <br />(d) Limitation of Liability: CMI shall not be liable to CUSTOMER or any other person for any <br />claim or damages arising directly or indirecdy from the fumishing of Equipment or services <br />related thereto, or from any other cause except for claims arising from the negligence of CMI, <br />12
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