Shipping policy

SHIPPING POLICY

All required shipping costs, insurance, export/import duties, taxes (foreign and domestic) and any other related costs and risks consistent with the designated shipping method shall be borne by the Buyer. Packaging of the Products is included in the price and shall be in accordance with the standard practices of JRI.  The risk of loss to the Products shall pass to the Buyer upon delivery to the Buyer or to a shipper for delivery to the Buyer.

DELIVERY AND ACCEPTANCE

The delivery by JRI to the Buyer shall constitute acceptance of the Products by Buyer, unless notice of defect or nonconformity is received by JRI within ten (10) days of receipt thereof. Notwithstanding the foregoing, any use of the Product by the Buyer, its agents, employees, contractors or licensees, for any purpose, after receipt thereof, shall constitute acceptance of that Product by the Buyer. JRI agrees to use commercially reasonable efforts to deliver Products in accordance with the mutually agreed upon delivery schedule identified in the Order. Buyer agrees to provide evidence of completion of payment arrangements satisfactory to JRI (e.g., notice from a U.S. bank acceptable to JRI of confirmation of the Buyer’s irrevocable Letter of Credit) at the time of issuance of the Order.