Terms & Conditions

Download our Terms and Conditions here (PDF).

(1) The [Importer/Buyer] shall not sell, export or re-export, directly or indirectly, to the Russian Federation or for use in the Russian Federation any goods supplied under or in connection with this Agreement that fall under the scope of Article 12g of Council Regulation (EU) No 833/2014. With addition to the Russian Federation, this also implies to the following countries: Cuba, Iran, North-Korea, Sudan, Syria, Belarus and any other sanctioned countries listed by the EU Sanctions Map (sanctionsmap.eu).

(2) The [Importer/Buyer] shall undertake its best efforts to ensure that the purpose of paragraph (1) is not frustrated by any third parties further down the commercial chain, including by possible resellers.

(3) The [Importer/Buyer] shall set up and maintain an adequate monitoring mechanism to detect conduct by any third parties further down the commercial chain, including by possible resellers, that would frustrate the purpose of paragraph (1).

(4) Any violation of paragraphs (1), (2) or (3) shall constitute a material breach of an essential element of this Agreement, and Mach4Metal BV shall be entitled to seek appropriate remedies, including, but not limited to:

(i) termination of this Agreement and return of goods; and

(ii) a penalty of 200% of the total value of this Agreement or price of the goods exported (whichever is higher) with a minimum of €50.000,00 and a coverage of all costs made.

(5) The [Importer/Buyer] shall immediately inform Mach4Metal BV about any problems in applying paragraphs (1), (2) or (3), including any relevant activities by third parties that could frustrate the purpose of paragraph (1). The [Importer/Buyer] shall make available to Mach4Metal information concerning compliance with the obligations under paragraph (1), (2) and (3) within two weeks of the simple request of such information.