Transactional Terms & Conditions

1. Scope & Term Supremacy

This document serves as the official Terms & Conditions for all services, sales, purchases, and commercial transactions of SAE Mining Industries. with any other party.

In the event of any conflict between these Terms & Conditions and any other transactional documents, purchase orders, or service agreements, you agree that the Terms & Conditions set forth herein shall strictly control, enforce, and override all conflicting terms.

2. Governing Law & Venue Jurisdiction

All transactions with SAE are conducted strictly in accordance with the applicable laws of the State of New York, USA.

Any legal disputes, claims, or proceedings arising from transactions with SAE shall be resolved exclusively within the jurisdiction and venue of Long Island, Nassau County, New York, to the exclusion of all other potential legal venues.

3. Unpaid Amounts, Interest & Collection Fees

Timely payment is a material obligation for all transactional orders:

• Annual Interest Rate: Any unpaid balance due to SAE shall be subject to an interest charge of 15% per annum until fully settled.
• Default & Collection Costs: In the case of non-payment exceeding 30 days, SAE shall be entitled to seek and collect all attorney's fees, legal disbursements, and collection expenses incurred to recover the unpaid balance. All such collection expenses will be added directly to the total outstanding amount due.

4. Order Cancellation & Deposit Terms

SAE, at its sole option and discretion, reserves the right to rescind or cancel any contract, service request, or purchase order for the sale or purchase of goods/services within 12 months of the order date if the transaction has not been completed within that timeframe, regardless of fault.

• Deposits Received: If SAE accepted a deposit on an order cancelled under this provision, the deposit shall be promptly returned to the customer.
• Deposits Paid: If SAE paid a deposit to a vendor or supplier for a cancelled order, such deposit shall be immediately refunded to SAE in full.

5. Product Inspection & Defect Claims Timeline

Any complaint regarding materials or products received from SAE alleged to be defective or not meeting technical specifications must be reported in writing within strict notification windows:

• Domestic Shipments: Written notice required within a maximum of 30 days from receipt.
• Overseas Shipments: Written notice required within a maximum of 60 days from receipt.

Any complaint submitted after these specified timeframes shall be deemed null, void, and unenforceable.

6. Binding Agreement & Acceptance

The Terms & Conditions detailed herein constitute a material part of any service, sale, transaction, and legal consideration with SAE. By entering into any transaction or service relationship with SAE, you formally acknowledge these terms and certify that you accept and agree to them in their entirety.