Clear terms for business without tears.
These Terms & Conditions guide how Olayfis Global Resources provides procurement, sourcing, logistics, freight, warehousing, delivery and related services to clients and partners.
Terms covering sourcing, purchasing, order confirmation, prices, invoicing and payment responsibilities.
Standards for freight forwarding, customs facilitation, warehousing, delivery and third-party carriers.
Clear obligations on taxes, duties, permits, licences, trade controls and regulatory requirements.
Guidance on confidentiality, data protection, limitation of liability, indemnity and force majeure.
1. Definitions
Key words used in these Terms and what they mean.
Any individual, company or organisation that requests, instructs or purchases Services from Olayfis.
Procurement, sourcing, purchasing, logistics, freight forwarding, customs facilitation, warehousing, distribution, transportation, delivery and other related services provided by Olayfis.
Any written purchase order, quotation acceptance, invoice or service agreement specifying Services, prices and delivery terms.
2. Formation of Contract; Quotations & Acceptance
When quotations and client instructions become a binding agreement.
- Quotations are valid only for the period stated on the quotation.
- A binding contract arises only when Olayfis issues written Order confirmation or an invoice. Verbal agreements are not binding unless confirmed in writing.
- Olayfis may decline or refuse any Order at its sole discretion.
3. Scope of Services & Variations
How services and changes to service instructions are handled.
Services shall be performed as set out in the applicable Order. Any additional services or variations requested by the Client require Olayfis’ written agreement and may alter price and delivery timelines.
4. Prices, Invoicing & Payment
Payment expectations, due dates, charges and service suspension.
- Prices are as shown in the Order and are payable in the currency specified.
- Deposits, milestone payments or full prepayment may be required before Services commence.
- Payment must be received in cleared funds by the due date on the invoice. Late payments may incur interest at the maximum rate permitted by law and may result in suspension of Services.
- The Client shall bear any bank transfer fees, currency conversion or intermediary bank charges unless agreed otherwise.
5. Taxes, Duties & Compliance Charges
Responsibility for government charges, documentation and trade compliance.
- Unless expressly stated otherwise, quoted prices exclude taxes, customs duties, import/export levies or other government charges. The Client is responsible for all such charges.
- The Client must provide accurate documentation for customs clearance and must comply with all applicable import/export, trade control and regulatory requirements.
6. Delivery, Timeframes, Risk & Title
Delivery estimates, risk transfer and ownership of goods.
- Delivery times and transit estimates are indicative. Olayfis will use reasonable efforts to meet schedules but is not liable for delays caused by customs, carriers, third parties, Force Majeure, regulatory inspections or other causes beyond its control.
- Risk of loss or damage passes to the Client on delivery to the Client or to the carrier nominated by the Client, whichever occurs first, unless otherwise agreed in writing.
- Title to goods supplied remains with Olayfis until full payment for such goods and for any other sums owing to Olayfis has been received in cleared funds.
7. Inspection, Acceptance & Returns
How goods should be inspected and how returns are treated.
- The Client shall inspect goods on delivery and notify Olayfis in writing of any visible damage, shortage or non-conformity within seven (7) days. Failure to notify within this period will constitute acceptance.
- Returns are accepted only in accordance with Olayfis’ returns instructions, subject to inspection and approval. Return costs are the responsibility of the Client unless goods are defective or Olayfis’ error.
8. Cancellations
Written cancellation requirements and possible charges.
Cancellations by the Client must be made in writing. Olayfis may charge cancellation fees to cover work performed, third-party costs and reasonable losses incurred prior to cancellation.