Trade Terms

ORDERS

  1. Orders will be initiated by you making a request for stock from iHot. When placing an order with iHot you will comply with any ordering procedures.

  2. iHot reserves the right to accept or reject any order in whole or in part for any reason, including without limitation the unavailability of any products.

PRICING & PAYMENT

  • iHot will invoice all orders at its current prices, which may alter without notice to the Purchaser. The Purchaser agrees to pay the Purchase Price for the goods and/or services supplied to the Purchaser by iHot.

  • The Purchaser is not entitled to withhold payment in whole or in part, or claim any right to set off in respect of the Purchase Price.

  • If requested by iHot, payment by cash or equivalent must be received by iHot before processing an order.

  • Payments are to be made by electronic transfer, direct deposit, cheque or cash. Credit card payments may be accepted at the discretion of the Company and will incur a 1.75% surcharge.

  • iHot may refuse to supply goods and/or services to the Purchaser if there is an Event of Default.

OWNERSHIP & RISK

  • Ownership of each unit of the Goods will remain with iHot until all amounts owing by the Purchaser to iHot on any account whatsoever (including the Purchase Price for the Goods) (Amounts Owing) have been paid.

  • Until the Amounts Owing have been paid, the Purchaser has the right to move, sell and otherwise use the Goods in the ordinary course of its business.

  • The Purchaser must not represent to any third parties that it is acting as agent of iHot and iHot will not be bound by any contracts with third parties to which the Purchaser is a party.

DELIVERY

  • iHot makes no warranty as to time of delivery or the availability of any goods. The estimated time frame for delivery of goods as specified in the quotation is based on the best estimates of iHot at the time of quotation. iHot will use its reasonable endeavours to effect delivery by the estimated time frame, but does not guarantee that delivery will be effected by such time, and iHot is not responsible for any delays in delivery.

  • iHot may deliver the goods in part with written notice to the Purchaser. If goods are delivered in part after such notice, the Purchaser must accept the part-delivery and pay the percentage of the Purchase Price represented by the goods delivered.

  • Goods will be delivered to the address specified in the order and/or Invoice and the Purchaser will pay all delivery costs to iHot.

RETURN OF GOODS

  • The Purchaser must notify iHot in writing within 14 days of receipt of the goods by the Purchaser (“Return Period”) of any fault or defect in the delivered goods (“Rejection Notice”). The Purchaser will be deemed to have accepted delivered goods unless iHot receives a Rejection Notice within the Return Period. The Purchaser waives any right to reject or revoke acceptance after that time.

  • iHot may not provide a refund for any returned goods purchased from iHot unless the goods contain a manufacturer’s fault or defect.

  • After the expiration of the Return Period iHot, may in its sole absolute discretion permit the Purchaser to return non-faulty goods for credit.

PURCHASER’S ACKNOWLEDGEMENT

  • The Purchaser acknowledges and agrees that:

(a) the actual performance of the goods in situ might be affected by external factors (including without limitation environmental conditions) beyond iHot’s control;

(b) incorrect and/or negligent installation, application or use of the goods may cause loss of life, injury and/or damage to property.

  • The Purchaser must not deface or remove any mark, label or plate affixed by iHot on the goods.

  • The Purchaser acknowledges that all Intellectual Property in the goods is the property of iHot.

  • The Purchaser must not and must not cause, permit or assist any other person directly or indirectly to:

    (a) copy any Intellectual Property in the goods or record or replicate it by any other means;

    (b) make copies of or replicate the goods;

    (c) translate, reverse engineer, decompile or disassemble the goods.

DATA ERRORS

iHot makes every effort to ensure the accuracy of information shown in iHot’s documents, including without limitation its catalogues or databases. Such information may contain technical inaccuracies or typographical errors. iHot makes no representation or warranty as to the accuracy of any information.

PRIVACY

iHot will use all information collected from you in accordance with iHot’s Privacy Policy. A copy of this policy is available on iHot’s website here or from iHot upon request.