Terms & Conditions

 

Terms & Conditions

 

Terms (Invoice)

Terms All sales are final and due in US dollars. To avoid late charges, payment must be actually received by White Pine Wholesale LLC ("Seller") within the period set forth above under “Terms”, as measured from the date of this Invoice. For each late payment, in addition to the Total Amount” specified above, Buyer will pay Seller: (1) a late fee of $50 plus (2) late charges in an amount equal to the “Total Amount” specified above multiplied by 1% per month, pro-rated for partial months (3) all of Seller’s reasonable expenses of collection, including attorney’s and collection agency fees. Neither (i) any act of forbearance or delay or extension of time by Seller to assess or collect these late charges or (ii) an acceptance of late payment tendered by Buyer, shall constitute a waiver by Seller of its rights to assess or collect late fees with respect to subsequent invoices. This Invoice constitutes the entire agreement and understanding of Seller and Buyer with respect to the goods referenced herein and supersedes all prior agreements and understandings relating to such goods. In the case of any disagreement by the Buyer to the terms contained herein, Buyer shall give Seller prompt written notice thereof. In any case, acceptance of the Goods by Buyer, with or without such written notice, constitutes Buyer’s waiver of any disagreement as to acceptance of any and all terms confirmed herein. There are no warranties with respect to the goods sold herein, other than as contained on this invoice. The Buyer and Seller agree that thissale is governed by the laws of the State of New York. All diamond weights are exact unlessreferred to as a fraction in which case the weights are established by estimation or information obtained from the seller and in which case are approximate according to these size ranges: 1/5ct .18-.22; 1/4ct .23-.28; 1/3ct .29-.36; 3/8ct .37 - .44ct; ½ct .45-.57; 5/8ct .58- .68; ¾ct .69-.82; 7/8ct .83-.94; 1/1ct .95-1.19; 1 ¼ct 1.20-1.44; 1 ½ct 1.45-1.94; 2/1ct 1.95-2.89; 3/1ct 2.90- 3.89; 4/1ct 3.90-4.89; 5/1ct 4.90-5.89; 6/1ct 5.90-6.89; 7/1ct 6.90-7.89; 8/1ct 7.90- 8.89; 9/1ct 8.90-9.90; 10/1ct 9.90-10.89. The diamonds herein invoiced have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations Resolutions. Seller hereby guarantees that these diamonds are conflict-free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.

Terms (Memo)

The property listed above (“Property”) is submitted to you for your examination and inspection only and remains the property of White Pine Wholesale LLC (“Consignor”) and is to be returned on demand to Consignor. The Property, until returned to Consignor and actually received by Consignor, is at your risk from all hazards and you will be legally liable to the Consignor, including to the extent of the value stated below for any loss or damage which may occur however caused and whether caused by your negligence or not. Title does not pass until a bill of sale has been rendered by Consignor. No right or power is conveyed hereby to you to sell, pledge, hypothecate or otherwise dispose of this Property, regardless of any prior transactions, customs or usage in trade. Memorandum must be closed within the days specified on this document. Before the expiration of the specified terms, Consignor must have verbal or written communications regarding the pieces to be purchased. At that time, an invoice will be rendered for the merchandise under the defined terms. Payment terms will begin from the date that the memorandum was originally issued. Merchandise not being purchased is to have been returned to Consignor expiration of the specified terms. Unless alternative arrangements agreed to in writing by Consignor are made to the contrary, all memos not returned to Consignor by the expiration of the specified terms will be invoiced under the terms defined herein. Unsold memorandum merchandise being returned to Consignor must be properly packaged and fully insured. Customer is responsible for damages or losses incurred in the shipping of products by the customer. Shipments are to be sent to address listed above. There are no warranties with respect to the goods sold herein, other than as contained on this memorandum. All diamond weights are exact unless referred to as a fraction in which case the weights are established by estimation or information obtained from the seller and in which case are approximate according to these size ranges: 1/5ct .18-.22; 1/4ct .23-.28; 1/3ct .29-.36; 3/8ct .37 - .44ct; ½ct .45-.57; 5/8ct .58- .68; ¾ct .69-.82; 7/8ct .83-.94; 1/1ct .95-1.19; 1 ¼ct 1.20-1.44; 1 ½ct 1.45-1.94; 2/1ct 1.95-2.89; 3/1ct 2.90- 3.89; 4/1ct 3.90-4.89; 5/1ct 4.90-5.89; 6/1ct 5.90-6.89; 7/1ct 6.90-7.89; 8/1ct 7.90-8.89; 9/1ct 8.90-9.90; 10/1ct 9.90-10.89. The diamonds herein invoiced have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations Resolutions. Seller hereby guarantees that these diamonds are conflict-free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds. This Memorandum shall be governed and construed in accordance with the laws of the State of New York and it shall be considered for all purposes a Security Agreement. You and Consignor consent to jurisdiction of New York courts and waive all jurisdictional defenses.