apply to all quotations issued by and agreements concluded with PROGIMPEX. By placing an order and/or signing any such contract, the customer acknowledges the applicability of these general terms and conditions. The customer expressly agrees to our general terms and conditions to the exclusion of all others and expressly waives any recourse to his own. We will not accept any clause that conflicts with these terms and conditions. 1.2 A behavior contrary to the current general terms and conditions, even occurring several times, does not give the customer the right to invoke this and is not an acquired right on his part. 1.3 The possible nullity of one of the present provisions does not entail the nullity of the other provisions.
5.1 The payment terms are, unless otherwise agreed in writing, as follows: 50% upon final order, 40% before shipment from the Far East and 10% before delivery to the customer. The invoices are payable at PROGIMPEX’s registered office. 5.2 The invoices are deemed to have been definitively accepted in the absence of a registered protest letter within 8 days of the invoice date. 5.3 In the event of late payment, the amount will be increased by operation of law and without any prior notice of default: – with a fixed compensation of 12% on the principal sum; – as well as for late payment interest at 1% per month, whereby part of a month counts as a whole month, until the day of payment in full. PROGIMPEX is also entitled to reimbursement of legal costs and to compensation for all relevant collection costs. Any payment received by PROGIMPEX will first be charged against the due interest and damages, then against the principal sum of the first due invoice. 5.4 In the event of late payment of an invoice, all other outstanding claims against the customer will become due and payable by operation of law and without prior notice of default. 5.5 In the event that the solvency of the customer is called into question, such as, for example, non-payment or late payment of invoices, the seller has the right to impose payment in advance for the deliveries still to be made, or to request security, in the case of failure of which PROGIMPEX is entitled to terminate the agreement immediately unilaterally at the expense of the customer with payment of a compensation of 30% of the total price or more if there is reason to do so. PROGIMPEX also reserves the right to suspend the execution of all current orders, without prior notice of default and without compensation.
The customer hereby irrevocably and expressly acknowledges that the delivered goods remain the property of PROGIMPEX until the purchase price in principal and accessories has been paid in full. Until then, the customer is not entitled, under penalty of liability, to give or transfer the goods to third parties as a pledge or surety and he must oppose any seizure as well as notify PROGIMPEX of this by return.
10.1 The entire customer relationship with PROGIMPEX is subject in all its aspects and for all transactions to Belgian law, to the exclusion of the Vienna Sales Convention. 10.2 In the event of a dispute, only the Dutch speaking courts of the judicial district of Brussels, where appropriate the Justice of the Peace of the second canton, are competent. However, PROGIMPEX reserves the right to bring the claim before another competent court