YOUR NO. 1 SOURCE FOR NEW API 5-7/8" DRILL PIPE & LANDING STRINGS, WORLDWIDE DELIVERY
YOUR NO. 1 SOURCE FOR NEW API 5-7/8" DRILL PIPE & LANDING STRINGS, WORLDWIDE DELIVERY
GLOBAL ENERGY RESOURCES, LLC ®
TERMS AND CONDITIONS
1. Introduction
Welcome to the terms and conditions of service (the "Terms") for Global Energy Resources, LLC. These Terms apply to your use of our website, products, and services (the "Services"). By using the Services, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the Services.
2. Terms of Use
You agree to use the Services in a lawful and responsible manner. You will not use the Services to:
We reserve the right to terminate your access to the Services at any time, for any reason, without notice or liability.
3. Security and Privacy
We take the security and privacy of your personal information very seriously. We use a variety of security measures to protect your personal information, including encryption and access controls.
We also regularly review our security procedures to ensure that they are up-to-date and effective.
We will only collect, use, and disclose your personal information for the purposes that we have disclosed to you and in accordance with our Privacy Policy. You can access our Privacy Policy at the link to Privacy Policy at bottom of page.
4. Intellectual Property
All intellectual property rights in and to our products and services, including but not limited to trademarks, copyrights, and patents, are owned by us or our licensors. You are granted a non-exclusive, non-transferable license to use our products and services for your own personal or commercial purposes. However, you may not modify, reproduce, distribute, or create derivative works of our products or services without our prior written consent.
If you have any questions about our Security and Privacy or Intellectual Property policies, please contact us at info@globalenergyusa.com.
5. Sales Orders
Unless otherwise agreed by Buyer and Seller and confirmed in the Sales Order, payment for Products is due and payable immediately upon Buyer being notified that the Products are ready for pick-up or delivery from the Seller, whichever is the earliest, and in any event prior to pick-up or delivery of any such Products. The Seller reserves the right in its sole and absolute discretion to set forth such other terms relating to the payment for Products which additional terms shall be set forth in the Sales Order. Without limiting the foregoing, Seller reserves the right to: (a) decline Buyer’s request for credit; (b) require payment for Products in advance; or (c) in the case of Products for delivery to destinations outside of the continental U.S.A., require payment by satisfactory and irrevocable documentary letter of credit, confirmed by a bank or financial institution acceptable to Seller, or by documentary sight draft, as the Seller may elect. All payments shall be in U.S. DOLLARS unless otherwise set forth in the Sales Order. Acceptance and endorsement by Seller of a payment for less than the full amount shall not be deemed to be an admission of payment in full and any conditions to the contrary which may be noted on such payment shall not be binding on Seller. All past due amounts shall accrue interest at a rate of eighteen percent (18%) per annum, or at the Maximum Lawful Rate, whichever is lower. As used herein, “Maximum Lawful Rate” shall mean the maximum lawful non-usurious contract rate of interest allowed by the applicable law of the State of Oklahoma.
6. Commercial Invoices
Payment Terms
Established customers with good credit: Net 30-day billing… 2% Net 10-days. • All other customers: To ensure prompt payment, please prepay your invoice by bank wire transfer, ACH, cashier's check, or cash before we ship your products. • Other payment arrangements may be available upon written agreement by both parties. Late payments will incur a late payment charge of 1.5% per month, or the maximum rate permitted by law, whichever is lower.
7. Quotations and Price Adjustments
All quotations are valid for thirty (30) days from the date of the quotation, unless otherwise specified. Prices are subject to change without notice.
8. Prices, Taxes and Transportation Charges
All prices are quoted in U.S. Dollars, F.O.B. Seller's shipping point. The buyer is responsible for all sales taxes and transportation charges, unless previously agreed to in writing by both parties.
9. Delivery and Acceptance
Global Energy Resources, LLC (“Seller”) shall deliver the Products to the Buyer's designated delivery point in accordance with the terms of the Sales Order. Seller shall use all reasonable efforts to meet the estimated delivery times, but Seller shall not be liable for any delays in delivery due to causes beyond its reasonable control, including but not limited to:
If Seller is unable to meet an estimated delivery time due to a cause beyond its reasonable control, Seller shall notify Buyer as soon as possible and provide Buyer with a revised estimated delivery time.
The buyer shall inspect the Products upon delivery and notify the Seller of any defects or shortages within 7 days of delivery. If Buyer fails to notify Seller of any defects or shortages within 7 days of delivery, the Products shall be deemed to have been accepted by Buyer in good condition.
If Seller delivers defective or short Products, Seller shall, at its option, repair, replace, or refund the purchase price of the defective or short Products.
Buyer agrees to cooperate with Seller in all reasonable ways to facilitate delivery of the Products. This includes providing Seller with accurate and complete delivery information and being available to accept delivery during normal business hours.
If Buyer fails to accept delivery of the Products, Seller may, at its option, store the Products at Buyer's expense or terminate the Sales Order.
Global Energy Resources, LLC understands that time is money, and we are committed to delivering your Products on time and in perfect condition. However, unforeseen circumstances can arise that may cause delays in delivery. We appreciate your patience and understanding in these situations.
We have a team of experienced and dedicated logistics professionals who work tirelessly to ensure that your Products are delivered safely and on time. We use the latest technology and tracking systems to monitor the progress of your shipment every step of the way.
If you have any questions or concerns about delivery, please do not hesitate to contact us. We are always here to help.
We look forward to doing business with you and helping you achieve your goals.
10. Terms of Payment
Payment for Products is due and payable in full within thirty (30) days of the date of the invoice. Late payments will be subject to a late payment charge of one and one-half percent (1.5%) per month, or the maximum rate permitted by law, whichever is lower.
11. Cancellation, Countermand, and Return of Goods
All Sales Orders accepted hereunder are final, except as otherwise provided in this section.
Sales Orders may not be cancelled, countermanded, or deferred (collectively a "Modification"), or Products returned by Buyer, except with Seller's prior written consent from its office in Oklahoma City, Oklahoma, USA, which consent may be withheld in the Seller's sole and absolute discretion. Notwithstanding any consent from the Seller on a Modification or the return of any Product, Buyer shall indemnify, defend, and hold the Seller harmless against all losses resulting therefrom, including the profit lost on any part of the Sales Order involved, which profit amount shall be determined by Seller consistent with Seller's customary practices. Unless otherwise authorized in writing by Seller, prior to Buyer's return of any Product that may be authorized by Seller pursuant to this paragraph, Buyer shall prepay to Seller the shipment charges associated with the return of such Product. Without limiting the foregoing, in addition to all other amounts, a five percent (5%) charge shall be applied to any Modification or returned Product.
The Seller may, at its option, accept a Modification or return of Products, but is not obligated to do so. The buyer shall also be responsible for any restocking fees or other charges associated with the return of Products.
12. Title and Risk of Loss
Notwithstanding anything herein to the contrary, the Buyer shall be solely responsible for any loss of or damage to Products that occurs during a shipment made by the Buyer after the F.O.B. shipping point or by a carrier selected by the Buyer. Seller shall be solely responsible for any loss of or damage to a Product that occurs during a shipment made by Seller, or by a carrier selected by Seller, subject to the following:
If a Product is lost or damaged during shipment, the Buyer shall notify the Seller within five (5) days of delivery. If Buyer fails to notify Seller within five (5) days of delivery, the Product shall be deemed to have been received by Buyer in good condition.
Seller's liability for any loss of or damage to a Product shall be limited to the repair or replacement of the Product, or to the refund of the purchase price of the Product, at Seller's option. The seller shall not be liable for any consequential, incidental, or special damages arising from any loss of or damage to a Product.
13. Warranty
Global Energy Resources, LLC ("Seller") warrants that Products furnished hereunder shall be free from all defects and faults in material, workmanship, and manufacture and in conformity with the specifications of the Quotation, Sales Order and/or Invoice. This warranty does not apply to:
The inspection report furnished for used oilfield equipment and/or tubular goods is for informational purposes only and does not constitute a warranty of any kind.
This warranty shall survive inspection of payment for and acceptance of a Product but shall expire twelve (12) months after the arrival of the Products at the CIF delivery point (“Warranty Period”).
Warranty Claims
If a Product is found to be defective during the Warranty Period, the Buyer shall notify the Seller in writing within thirty (30) days of discovery of the defect and provide proof of purchase. Seller shall then, at its option, repair or replace the defective Product. If Seller is unable to repair or replace the defective Product, Seller shall refund the purchase price of the Product to Buyer.
Limitation of Liability
The seller’s liability under this warranty shall be limited to the repair, replacement, or refund of the defective Product. The seller shall not be liable for any consequential or incidental damages, including but not limited to loss of profits, loss of use, or loss of data, that are caused by the buyer's negligence or the buyer's failure to follow the manufacturer's instructions. This warranty is the sole and exclusive warranty provided by Seller. The seller disclaims all other warranties, express or implied, including any warranty of merchantability or fitness for a particular purpose.
14. Buyer Specifications
If the Buyer requests in connection with the purchase of a Product certain specifications, not customarily provided by the Seller, to be applied or performed by the Seller in connection with the purchase (collectively “Buyer Specifications”), such Buyer Specifications must be requested in writing and submitted with the Sales Order. Buyer Specifications, or any portion thereof, may be accepted or rejected by the Seller and upon such additional terms and conditions acceptable to the Seller, all in Seller’s discretion.
API Specifications
If the product ordered falls under API specification, the Seller's standard warranty shall apply.
Disclaimer of Warranty
ANY PRODUCTS THAT INCORPORATE IN THE BUYER SPECIFICATIONS SHALL BE EXCLUDED FROM THE LIMITED WARRANTY SET FORTH IN SECTION 8 AND SHALL HAVE NO WARRANTY, EXPRESS OR IMPLIED.
Indemnification
Buyer shall indemnify, defend and hold the Seller harmless from any claim of infringement of any patent, copyright or other intellectual property right by a third party if such claim involves Products produced by the Seller with the Buyer Specifications and/or in agreement with Buyer or if such claim is based upon the use of the Product in combination with other items where such infringement or claim thereof would not have occurred from the normal use for which the Product alone.
15. Licenses and Permits
The Buyer is responsible for obtaining all necessary licenses and permits required for the use of the Products in accordance with applicable laws and regulations. The Buyer shall also be responsible for complying with all applicable laws and regulations related to the use of the Products.
16. Non-Circumvent, Non-Disclosure of Confidential or Proprietary Information
The Buyer agrees not to circumvent the Seller's direct sales channels or to disclose any of the Seller's confidential or proprietary information to any third party without the Seller's prior written consent. The Buyer's confidential or proprietary information includes, but is not limited to, the Seller's vendor list, customer lists, pricing information, and trade secrets.
17. Inspections and Acceptance
Buyer shall inspect the Products upon delivery and notify Seller of any defects within five (5) days of delivery. If Buyer fails to notify Seller of any defects within five (5) days of delivery, the Products shall be deemed to have been accepted by Buyer.
18. Remedies
Seller's sole and exclusive liability for any breach of warranty or other obligation hereunder shall be to repair or replace the defective Product, or to refund the purchase price of the defective Product, at Seller's option. The seller shall not be liable for any consequential, incidental, or special damages arising from any breach of warranty or other obligation hereunder.
19. Force Majeure
In the event that the Seller is prevented from performing any of its obligations under this Agreement due to an event beyond its reasonable control, including but not limited to:
the Seller shall be excused from its obligations under this Agreement for the duration of the event and for a reasonable period of time thereafter to resume performance.
If the Seller is unable to resume performance of its obligations within a reasonable period of time, either party may terminate this Agreement upon written notice to the other party.
The Seller shall use all reasonable efforts to mitigate the effects of any force majeure event and to resume performance of its obligations as soon as possible.
20. Governing Law
These Terms and Conditions shall be governed by and construed in accordance with the laws of the State of Oklahoma, without regard to its conflict of law’s provisions.
21. Entire Agreement and Severability
This Agreement and any related Sales Order accepted by Seller constitute the entire agreement between the parties with respect to the subject matter hereof and supersede all prior or contemporaneous communications, representations, or agreements, whether oral or written. No waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties. No waiver of any provision of this Agreement shall be deemed a waiver of any other provision of this Agreement.
If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck from this Agreement and the remaining provisions shall remain in full force and effect.
22. Waiver
No waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.
23. Notices
All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered in person, upon the first business day following deposit in the United States mail, postage prepaid, certified, or registered, return receipt requested, addressed as follows:
If to Seller: Global Energy Resources, LLC., 9620 S. Pennsylvania Ave., Oklahoma City, OK 73159 USA.
If to Buyer: [Buyer Name] [Address]
or to such other address as either party may designate in writing from time to time.
24. Counterparts
If necessary, this Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
25. Customer Acknowledgment & Acceptance
The Buyer's acceptance of the Terms and Conditions is evidenced by placing an order with the Seller.
All customers are required to visit our webpage at www.globalenergyusa.com and review all pertinent information under the header of Corporate Governance. It is up to each customer and their personnel to review all of Global Energy Resources, LLC's policies, and procedures as they may apply to each new purchase, rental, and service provided. This shall constitute acceptance of all policies set forth, unless previously agreed to in writing by both parties.
By executing a payment, the Customer acknowledges that they have read, understood, and accepted all of the Terms and Conditions of this Agreement.
26. Copyright Infringement and Plagiarism Statement
Global Energy Resources, LLC® (GER) owns the copyright to all content on this website, including but not limited to text, images, videos, and software. GER's copyright is protected by the laws of the United States and other countries.
Copyright infringement is the unauthorized copying and distribution of copyrighted material. Plagiarism is the act of passing off someone else's work as your own. Both copyright infringement and plagiarism are unlawful and can have serious consequences.
Any unauthorized use of GER's copyrighted material, including but not limited to copying, disseminating, dispersing, distributing, or circulating it without GER's express written consent, is a violation of GER's copyright and may subject you to legal action.
GER takes copyright infringement and plagiarism very seriously. If you are found to be infringing on GER's copyright or plagiarizing GER's content, GER may take legal action against you, which may include seeking damages and injunctive relief.
Please respect GER's copyright and intellectual property rights. If you have any questions about GER's copyright or how to use GER's content in a lawful manner, please contact GER at info@globalenergyusa.com.
27. Dispute Resolution
If any dispute arises out of or in connection with this Terms and Conditions Agreement, the parties shall attempt to resolve the dispute amicably through negotiation. If the parties are unable to resolve the dispute through negotiation within thirty (30) days, either party may initiate mediation or arbitration.
If either party initiates mediation, the parties shall select a mediator who is neutral and impartial. The mediator shall assist the parties in reaching a mutually agreeable resolution of the dispute. The mediation shall be confidential, and the parties agree to keep all information disclosed during mediation confidential.
If the parties are unable to resolve the dispute through mediation, either party may initiate arbitration. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association (AAA). The arbitrator shall be selected in accordance with the AAA's rules. The arbitration shall be binding on the parties, and the parties agree to abide by the arbitrator's decision.
Table of Contents ● Terms and Conditions
1. Introduction
2. Terms of Use
3. Security and Privacy
4. Intellectual Property
5. Sales Orders
6. Commercial Invoiceshttps://websites.godaddy.com/privacy-policy
7. Quotations and Price Adjustments
8. Prices, Taxes and Transportation Charges
9. Delivery and Acceptance
10. Terms of Payment
11. Cancellation, Countermand, and Return of Goods
12. Title and Risk of Loss
13. Warranty
14. Buyer Specification
15. Licenses and Permits
16. Non-Circumvent, Non-Disclosure of Confidential or Proprietary Information
17. Inspections and Acceptance
18. Remedies
19. Force Majeure
20. Governing Law
21. Entire Agreement and Severability
22. Waiver
23. Notices
24. Counterparts
25. Customer Acceptance
26. Copyright Infringement and Plagiarism Statement
27. Dispute Resolution
Global Energy Resources, LLC
9620 S. Pennsylvania Ave.
Oklahoma City, OK 73159 USA
Corporate: +1-405-735-6666 ● +1-405-735-6987
info@globalenergyusa.com ● www.globalenergyusa.com ● Copywrite © 2023
Copyright © 2023 Global Energy Resources, LLC - All Rights Reserved.
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