Sales Policy

MonoSystems, Inc. sells products only to customers who request an account to be set up, have completed a credit application and have been approved for credit.

Prices

Prices listed do not include handling fees, taxes, and/or duties, and are subject to correction or change without notice. Export orders may be subject to other special pricing. MonoSystems, Inc. reserves the right to accept or reject any order.

Sales Tax

Customers are responsible for the payment of all applicable state taxes with the exception of the State of New York. Customers who have a tax exempt certificate from the State of New York are responsible for submitting to MonoSystems.

Payment & Credit Terms

MonoSystems accepts checks, money orders, bank wire transfers, Visa, American Express and Master Card. For customers with established MonoSystems credit, payment terms are net thirty (30) days from the date of shipment or pick up. All credit extended by MonoSystems to customer, and the limits of such credit, is at MonoSystems' sole discretion, and may be reduced or revoked by MonoSystems at any time, for any reason. Export orders are subject to special export payment terms and conditions. All payments must be made in U.S. dollars.

If customer fails to make payment within thirty (30) dates or shipment or pick-up, or fails to comply with MonoSystems' credit terms MonoSystems 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, attorney's 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 the customer's subsidiaries and affiliates purchasing from MonoSystems will be jointly and severally liable for purchases with customer, and customer is also acting as agent for such subsidiaries and affiliates.

Credit Balance

Customer agrees that any credit balance(s) issued by MonoSystems will be applied to customer's account within one (1) year of its issuance. IF CUSTOMER HAS NOT REQUESTED OR USED THE CREDIT BALANCE WITHIN ONE (1) YEAR, ANY REMAINING CREDIT BALANCE WILL BE CANCELLED AND MONOSYSTEMS SHALL HAVE NO FURTHER LIABILITY.