E-QUOTE TERMS AND CONDITIONS
Security Interest: Title to the equipment shall remain in GLASSEN TECHNOLOGY SERVICES until all amounts due to GLASSEN TECHNOLOGY SERVICES here under have been paid in full. GLASSEN TECHNOLOGY SERVICES reserves a purchase money security interest in the equipment (including all property incorporated therein or attached thereto) and in customer’s proceeds from any disposition of the equipment until all such amounts due GLASSEN TECHNOLOGY SERVICES are paid. Customer hereby grants to GLASSEN TECHNOLOGY SERVICES a special power of attorney limited to signing and filing financing statements to perfect GLASSEN TECHNOLOGY SERVICES’s security interest.
Customer Payments: Customer shall pay to GLASSEN TECHNOLOGY SERVICES the balance due (as shown on the face page hereof) for hardware and labor according to the payment terms (also specified on the face page hereof). Customer shall timely pay all sales and other taxes assessed upon the equipment, the software, licensing, the amounts due to GLASSEN TECHNOLOGY SERVICES here under with respect thereto, or otherwise resulting from this agreement. Customer agrees to pay GLASSEN TECHNOLOGY SERVICES an administrative charge in an amount to be reasonable determined by GLASSEN TECHNOLOGY SERVICES if customer cancels this agreement before shipment.
Limitation of Liability: GLASSEN TECHNOLOGY SERVICES SHALL NOT BE LIABLE FOR ANY (i) SPECIAL, INDIRECT, INCIDENTAL, ECONOMIC, OR CONSEQUENTIAL DAMAGES ARISING FROM OR RELATED TO THE EQUIPMENT OR THE LABOR, INCLUDING, WITHOUT LIMITATION, DAMAGES ARISING FROM LOSS OF DATA OR PROGRAMMING, LOSS OF REVENUE OR PROFITS, FAILURE TO REALIZE SAVINGS OR OTHER BENEFITS, AND CLAIMS AGAINST CUSTOMER BY ANY THIRD PARTY, EVEN IF GLASSEN TECHNOLOGY SERVICES HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, (ii) PERSONAL INJURY OR PROPERTY DAMAGE, UNLESS CAUSED BY GLASSEN TECHNOLOGY SERVICES WILLFUL WRONGDOING, (iii) DAMAGES (REGARDLESS OF THEIR NATURE) CAUSED IN WHOLE OR IN PART BY CUSTOMERS NEGLIGENCE OR FAILURE TO FULFILL ITS OBLIGATIONS UNDER THIS AGREEMENT, (iv) DAMAGES (REGARDLESS OF THEIR NATURE) FOR ANY DELAY TO PERFORM ITS OBLIGATIONS UNDER THIS AGREEMENT DUE TO ANY CAUSE BEYOND ITS REASONABLE CONTROL, OR (v) CLAIMS MADE THE SUBJECT OF A LEGAL PROCEEDING AGAINST GLASSEN TECHNOLOGY SERVICES MORE THAN ONE YEAR AFTER ANY SUCH CLAIM AROSE. GLASSEN TECHNOLOGY SERVICES LIABILITY FOR DAMAGES FOR ANY CAUSE WHATSOEVER (EXCLUSIVE OF PERSONAL INJURY OR PROPERTY DAMAGE CAUSED BY ITS WILLFUL WRONGDOING) SHALL BE NO MORE THAN THE TOTAL PURCHASE PRICE AND LABOR FEES PAID UNDER THIS AGREEMENT.
