Prices listed are wholesale, do not include shipping, handling fees, taxes, and/or duties, and are subject to correction or change without notice. Market sensitive commodity products will be priced according to current market conditions.
B. Sales Tax.
MECHANIDRIVE.COM charges sales tax on shipments made to the following states: Illinois.
C. Payment and Credit Terms.
MECHANIDRIVE.COM accepts cash, company checks, Visa, MasterCard, Discover, American Express, PayPal and Google Wallet. For customers with established MECHANIDRIVE.COM credit, payment terms are net thirty (30) days from the date of shipment or pick-up. All credit extended by MECHANIDRIVE.COM to customer and the limits of such credit, is at MECHANIDRIVE.COM's sole discretion, and may be reduced or revoked by MECHANIDRIVE.COM at any time, for any reason. MECHANIDRIVE.COM reserves the right to charge a convenience fee for late payments. MECHANIDRIVE.COM further reserves the right to charge customer a late payment fee at the rate of one and one-half percent (2%) of the amount due for each month or portion thereof that the amount due remains unpaid, or such lesser amount as may be permitted under applicable law. Anticipation and cash discounts are not allowed. All payments must be made in U.S. dollars. MECHANIDRIVE.COM shall have the right of set-off and deduction for any sums owed by customer to MECHANIDRIVE.COM's.
If customer fails to make payment within thirty (30) days of shipment or pick-up, or fails to comply with MECHANIDRIVE.COM's credit terms, or fails to supply adequate assurance of full performance to MECHANIDRIVE.COM within a reasonable time after requested by MECHANIDRIVE.COM(such time as specified in MECHANIDRIVE.COM's request), MECHANIDRIVE.COM may defer shipments until such payment or compliance is made, require cash in advance for any further shipments, demand immediate payment of all amounts then owed, elect to pursue collection action (including without limitation, attorneys’ fees and any and all other associated costs of collection), and/or may, at its option, cancel all or any part of an unshipped order.
Customer agrees to assume responsibility for, and customer hereby unconditionally guarantees payment of, as provided herein, all purchases made by customer, its subsidiaries and affiliates. Each of customer’s subsidiaries and affiliates purchasing from MECHANIDRIVE.COM will be jointly and severally liable for purchases with customer, and customer is also acting as agent for such subsidiaries and affiliates.
D. Security Interest.
Customer hereby grants to MECHANIDRIVE.COM a first priority purchase money security interest and/or chattel mortgage in the products and any accounts receivable or cash from resale thereof until full payment is made to MECHANIDRIVE.COM's. Customer agrees to file, and it permits and authorizes MECHANIDRIVE.COM to file, any financing statements or other appropriate documents with its governmental authorities to perfect the validity, priority, and enforceability of MECHANIDRIVE.COM's lien or security interest.
E. Credit Balance.
Customer agrees that any credit balance(s) issued by MECHANIDRIVE.COM will be applied to customer’s account within one (1) year of its issuance. IF CUSTOMER HAS NOT APPLIED FOR OR REQUESTED THE CREDIT WITHIN ONE (1) YEAR, ANY REMAINING CREDIT BALANCE(S) WILL BE SUBJECT TO CANCELLATION, AND MECHANIDRIVE.COM SHALL HAVE NO FURTHER LIABILITY. MECHANIDRIVE.COM reserves the right to accept or reject any order.
All orders regardless of shipment designation must be received before 2:30 CST for same day shipping. The typical allowance for shipping without an expedited service is listed on the individual product pages.
G. Note to Federal GSA Customers:
MECHANIDRIVE.COM products ARE offered through a GSA scheduled contract.
H. All items are sold for domestic consumption in the United States.
If exported, purchaser assumes full responsibility for compliance with US export controls.