Littlebit Technology AG’s General Terms and Conditions


Scope

Only the following Terms and Conditions shall apply to any and all business transactions conducted between Littlebit Technology AG and its customers, even if these are not expressly referenced in an individual order placement in the context of an existing business relationship. We hereby expressly object to application of our customers’ General Terms and Conditions. Deviations from these Terms and Conditions shall only be deemed effective when confirmed in writing by Littlebit Technology AG.

The provisions set down in the Annex (“Reservation of ownership”) shall also apply to all business transactions conducted between Littlebit Technology AG and its foreign customers..


Prices

The prices we offer are purely net from our warehouse in Root (LU) and do not include packaging, shipping costs or value-added tax. The prices are normally defined on a weekly basis.

We reserve the right to make price adjustments effective at any time to comply with the current market requirements. Price adjustments are made due to manufacturers changing their prices, a modified market situation or exchange rate fluctuations..


Terms of payment

Credit limits are defined by Littlebit Technology AG. The credit limits are monitored on an ongoing basis and, where possible, adjusted to the volume of business following receipt of relevant information.

If creditworthiness is in doubt or the credit insurance company refuses to provide cover, the acceptance and execution of orders may be subject to a guarantee or an advance payment at any time.


Guarantee and liability

Our guarantee covers all defects that occur within the agreed guarantee period, provided that such defects were demonstrably caused by poor-quality material or defective manufacturing. However, our liability is – at our discretion – limited to repair, replacement or compensation of the defective goods’ market value. Any further warranty, particularly including liability for disassembly or reassembly costs and for any damages directly or indirectly resulting from the actual goods delivered, use of the same or defects on the same, shall be disclaimed.

Unless agreed otherwise, the defective goods shall be delivered to our service centre for repair.

Any modification or repair work performed without our written consent, failure to comply with transport, installation and operating conditions, and failure to comply with the General Terms and Conditions of Business and Delivery shall render our duty to provide any warranty services null and void.


Warranty and guarantee periods

Please refer to our guarantee conditions to find out about our warranty and guarantee periods.


Delivery

We always aim to comply with the delivery deadlines specified and carefully calculated by us, even when unforeseeable difficulties arise, but we cannot assume any legal warranty for the same. Claims for damages are therefore expressly excluded.

Direct deliveries can also be made to our customers’ clients upon request. In this case, we require a written order from our customers.

Our deliveries are packaged with the utmost care. The goods are insured against damage and loss. Shipments that have suffered any transport damage or losses shall be conditionally accepted by the customer. They must have the transporter create a log and send us it immediately. If the customer does not meet these obligations, the insurance cover shall lapse.

Complaints shall be made within three days of receipt of the goods at the latest, otherwise the delivery shall be deemed fulfilled.


Delivery service

The delivery prices do not include VAT, but do include transport, packaging and insurance. No extra delivery costs shall be charged for partial deliveries.

Orders shall be shipped from Monday to Friday on the working day after they were placed, provided that the products are in stock. We must receive orders for next-day delivery by 5.30 pm at the latest.


Place of jurisdiction

The place of jurisdiction for all disputes arising from this agreement is Hünenberg. The customer expressly declares that they accept the place of jurisdiction agreed herein and renounce the place of jurisdiction in their normal place of residence. Swiss law shall apply to the exclusion of the simple, expanded and extended retention of ownership.


How to reach us:

Littlebit Technology Ltd
Bösch 83
CH-6331 Hünenberg
Switzerland
Tel.: +41 41 785 11 11
Fax.: +41 41 785 11 00
E-Mail: info@littlebit.ch

Our sales team will serve you from Monday to Friday from
8.00 am - 12.00 pm and 1.30 pm - 5.30 pm


24h Online Sales
www.littlebit.ch/

Customer Service
Tel. 041 785 11 88
RMA@littlebit.ch

Support
Tel. 0900 85 28 28
(CHF 2.50 / min., from the second minute, fixed rates)
service@littlebit.ch


Reservation of ownership

Until all claims to which Littlebit Technology AG is entitled against the customer – for whatever legal reason and whether now or in the future – are fulfilled, Littlebit Technology AG shall be granted by the customer the following securities which the former shall approve at its discretion at the latter’s request, provided that the value of such securities exceeds the value of the claims by more than 20% in the long term.

The goods shall remain in the ownership of Littlebit Technology AG until payment has been made in full (reserved goods). Any handling or processing work shall at all times be carried out for Littlebit Technology AG as the manufacturer within the meaning of § 950 of the German Civil Code, without Littlebit Technology AG being obliged to this effect. Insofar as the reserved goods are processed or connected with other goods, Littlebit Technology AG shall as a matter of principle be entitled to co-ownership of the new object. It shall be entitled to co-ownership in the ratio of the value of the reserved goods to the value of the new object in the case of processing, and to co-ownership in the ratio of the value to the value of the other goods in the event of connection. Should the customer become the sole owner, they shall grant Littlebit Technology AG co-ownership in the ratio of the aforementioned values and shall keep the object in safe custody for the same at no cost. Insofar as the goods created through processing or connection are resold, the following agreed advance assignment shall apply only in the amount of the value of the reserved goods.

The customer is entitled to process and sell the reserved goods in the ordinary course of business provided that they are not in arrears. Pledges or assignments as security are impermissible. The customer shall now fully assign any claims arising from the resale or for any other legal reason relating to the reserved goods (insurance, tortuous acts, etc.), including all current account balance claims, to Littlebit Technology AG by way of security. We hereby revocably authorise the customer to collect the claims assigned to us for their own account and on their own behalf. Under no circumstances is the collection authorisation associated with authorisation as per § 185, Para. 1 of the German Civil Code, and in particular it is not associated with the consent to dispose of the claim through any other assignment. An assignment is generally impermissible unless it is an assignment through genuine factoring demonstrated to us and for which the factoring proceeds exceed the value of our secured claim. Our claim shall immediately become due when the factoring proceeds are credited. The collection authorisation may only be revoked if the customer fails to properly fulfil their payment obligations vis-à-vis Littlebit Technology AG.

Insofar as third parties have access to the reserved goods, the customer shall make reference to Littlebit Technology AG’s ownership and notify the latter without delay.

If the customer enters into default or culpably fails to meet other material contractual obligations, once an unsuccessful grace period has elapsed Littlebit Technology AG shall withdraw from the contract in question and is entitled to take back the reserved goods or, if necessary, request assignment of the customer’s surrender claims vis-à-vis third parties. Goods shall be taken back at the daily market price as a matter of principle, but shall not exceed the amount of the original purchase invoice. Littlebit Technology AG taking back or pledging reserved goods shall not be construed as withdrawal from the contract insofar as the Hire Purchase Act does not apply.