Payment Terms
MGX Holdings, Inc’s payment terms are Net 30 days. Any purchase orders listing payment terms other than Net 30 days will be invoiced according to MGX Holdings, Inc’s payments terms, unless other terms have been agreed to in advance by MGX.
International sales are paid in full prior to shipment. They are to be paid via wire transfer or credit card. For custom orders half will be paid up-front and the balance is due prior to shipment.
Unpaid Balances
Invoices that are more than 60 days past due will incur an automatic monthly service charge of 2% per month added to the account balance. In an effort to collect accounts that are significantly past due MGX will, at its discretion, pursue collection action through an outside collection agency. In the event that collection action is required, the purchaser is responsible for all collection costs incurred, including but not limited to, finance charges, attorney fees, and court costs.
Acceptance
All orders are subject to acceptance by MGX Holdings, Inc. Pricing and availability of products are subject to change without prior notice.
Cancellation
Orders cannot be canceled except upon terms that fully compensate MGX Holdings, Inc for any losses.
Shipments
Title and risk of loss of products shall pass to the purchaser upon delivery to a common carrier. It is the customer’s responsibility to follow return shipment directions located on each skid. In the case of damage, it is the customer’s responsibility to note damage on the BOL at the time of the shipment and notify the shipper and MGX of the full extent of damage.
Taxes
All prices are subject to the purchaser assuming all Federal, State and Local Taxes when or where applicable in connection with the sale or delivery of these products.
Shelf Life
The digital coating on MGX digital materials has a shelf life of approximately six months on most materials when stored at 72◦F at 50% RH. Digital coatings on vinyl materials have a shorter shelf life due to plasticizers in the material that can interfere with the coating after three months. MGX guarantees only the coating application itself with in the above stated time frames.
Statement of Practical Use
As with all materials, this product should be tested thoroughly under end-use conditions to ensure it meets the requirements of the specific application. MGX makes no warranties stated or implied as it relates to any end use application.
Warranty
All statements, technical information and recommendations about MGX Holdings, Inc (MGX) products are based upon tests believed to be reliable but do not constitute a guarantee or warranty. All MGX products are sold with the understanding that PURCHASER has independently determined suitability of such products for its purposes. MGX products are warranted to the original purchaser to be free from print defects for a period of six months from date of shipment. Purchaser’s sole and exclusive remedy for breach of this warranty shall be the replacement of the defective products or, at MGX’s option, the issuance of a credit or refund in an amount up to the purchase price of the defective product. In no event shall MGX Holdings, Inc be responsible for claims beyond the purchase price of the defective product. THE WARRANTY SPECIFICALLY SET FORTH ABOVE IS IN LIEU OF ANY OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OR MERCHANTABILITY, FITNESS FOR ANY PARTICULAR USE or END USE AND/OR NON-INFRINGEMENT. MGX SPECIFICALLY DISCLAIMS AND EXCLUDES ALL OTHER SUCH WARRANTIES. IN NO EVENT SHALL MGX BE LIABLE TO PURCHASER OR ANY OTHER PARTY FOR INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES. MGX SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGE, DELAY, CHANGES IN SHIPMENT SCHEDULES, OR FAILURE TO PERFORM BY REASON OF STRIKES, FLOODS, FIRES, UNAVOIDABLE ACCIDENTS, DELAYS IN TRANSPORTATION, WARS, ACTS OF GOD, OR OTHER CAUSES BEYOND ITS CONTROL.
No representative or agent of MGX is authorized to give any guarantee or warranty or make any representation contrary to the above. No waiver, alteration, addition or modification of the foregoing conditions shall be valid unless made in writing and signed by an executive officer of MGX Holdings, Inc. MGX will only be held liable for the price of the service rendered. MGX reserves the right to ship and invoice plus or minus 10% the quantity ordered. User is responsible for determining the suitability of the material for contemplated use. Users assume all risks resulting from the use of our products and must confirm adaptability thereof by their own tests. Liability will, in no event, exceed the value of the material sold.
Trial Materials
For new materials, R&D Projects, and other small trial orders on materials that have not been previously coated by MGX Holdings, Inc (MGX), the purchaser will be responsible for charges regardless of whether the material runs successfully in MGX’s process or the user’s process. These charges are based on machine time and costs involved in processing information and/or material as requested. These charges will be paid to MGX for efforts made to carry out the purchaser’s specific request. It is NOT contingent upon the success of this product. IT IS THE PURCHASER’S RESPONSIBILITY THAT ALL PRODUCTS BE THOROUGHLY TESTED TO ENSURE THAT ALL CONVERTING AND END-USE REQUIREMENTS ARE MET. All products are sold with the understanding that the purchaser has independently determined the suitability of such products for its purpose. No salesperson, representative, or agent of MGX is authorized to give any guarantee, warranty, or make any representation contrary to the above.
Custom Orders
Customer orders are defined as any SKU not listed on our price guide, to include any custom sizing. All custom orders are subject to a 10%+/- and are non-returnable and non-cancelable.
Returns
MGX Holdings, Inc stocked products are returnable only with written authorization within 90 days after receipt. Returns are subject to a 20% restocking fee. DO NOT RETURN MATERIAL WITHOUT AN RMA PROVIDED BY MGX.
If there is a quality issue with an order it is the customer’s full responsibility to follow the following procedure:
MGX Holdings, Inc will not be financially responsible for return shipments sent without a Return Material Authorization (RMA). Issuance of an RMA is not an automatic entitlement to a refund or replacement. All returned items are subject to inspection by MGX Holdings, Inc. Any unauthorized return shipments will be the responsibility of the customer.
