General Terms & Conditions
General Terms & Conditions of Sale ETT Verpackungstechnik GmbH and ETT Service GmbH (hereinafter referred to as „ETT“)
§1 Scope of Application
1. All deliveries, services, quotations and offers rendered by ETT are exclusively subject to the provisions of these General Terms and Conditions which are thus applicable to any future business relations even if not explicitly agreed again.
Any terms and conditions of the purchaser that deviate from our General Terms and Conditions will not become integral part of the contract even if an order is accepted.
2. Any General Terms and Conditions of the purchasers will only apply to the extent that ETT have expressively agreed to them in writing.
3. Our General Terms and Conditions of Sale are available for reference and printing on our website at www.ett.com.
§2 Quotations and Contract Conclusion
1. All quotations submitted by ETT are without any engagement and commitment. Purchase orders placed by the customer will not become binding until confirmed in writing. Scope and context of the contractual relationship with the customer are exclusively subject to ETT’s written order confirmation.
2. Special quotations for customised equipment have a maximum validity of 90 calendar days from the date of the quotation.
3. The contract will be concluded under the provision that our subcontractors will perform their contractual duties in compliance with the deadlines and the terms and conditions stipulated in the contract. If due to circumstances for which a subcontractor is responsible any of ETT’s contractual obligations cannot be fulfilled or if the performance of any of these obligations will be delayed ETT will notify the customer immediately of this non-fulfilment or delay. In this event the customer shall not be entitled to claim damages unless the delay was caused deliberately or by gross negligence on the part of ETT. A declaration of the subcontractor shall be considered as a sufficient proof that ETT were prevented from fulfilling their contractual obligations due to circumstances beyond their control.
§3 Installation, Commissioning and Training
1. ETT will provide adequately skilled technicians to carry out any installation / commissioning work and/or operator training at the customer’s site that may be required. Unless agreed differently these services will be charged on a time and material basis according to our usual rates.
2. The customer shall provide at no cost to ETT appropriate lifting equipment (e. g. fork-lift trucks, hand lift trucks) with sufficient lifting load as well as authorised operating staff and auxiliary equipment such as fixing material and chains.
3. The costs for assembly, commissioning and training will be charged even if the customer withdraws his purchase order for the contractual goods at a later point.
§4 Delivery Time / Delays in Delivery
1. The delivery time is stipulated in the quotation submitted by ETT. All delivery times and deadlines must be agreed in writing. Fixed deadlines will not be considered binding unless explicitly agreed in writing.
2. Observance of the delivery date by ETT requires the prior settlement of all commercial and technical issues between the contracting parties and the fulfilment of all contractual obligations on the part of the purchaser such as the submission of all required official certificates and permits or the settlement of a down-payment. In the event that any of these prerequisites is not met the delivery time will be extended by an appropriate period unless ETT are responsible for this delay.
3. Observance of the delivery date by ETT shall be subject to correct and timely delivery to ETT. ETT will notify the customer immediately about any delays that may become apparent.
4. ETT shall have the right to render partial deliveries and / or services within the agreed delivery time unless the overall fulfilment of their contractual obligations is not affected thereby.
5. The delivery time shall be considered observed once the contractual goods have left our site or if their readiness for dispatch has been advised before expiry of the delivery time. Insofar as an acceptance test has to be performed the date of this acceptance test or alternatively notification that the goods are ready for acceptance shall be decisive – except for justified refusal of acceptance.
6. In the event of a delivery delay ETT shall be granted an appropriate period of grace in writing even if a fixed delivery time or date has been agreed. After such a grace period has expired without results the customer shall be entitled to withdraw from the order or partial orders for any goods and/or services that have not been reported ready for dispatch upon expiry of the grace period.
7. If the dispatch and/or acceptance of the contractual goods is delayed due to circumstances for which the purchaser is responsible the purchaser will bear any costs resulting of this delay.
§5 Prices and Payment Terms
1. All prices are net prices plus the applicable statutory value added tax.
2. Our prices do not include costs for packing, insurance, freight, customs or any other taxes and duties. All prices are ex warehouse / ex works Fredelsloh or – for direct deliveries – ex warehouse of the supplier.
3. Unless otherwise agreed the customer shall settle all payments without deductions according to the following payment terms:
40% down payment after receipt of the order confirmation; 50% after preliminary acceptance test (FAT) at the supplier’s factory or upon delivery; 10% after final acceptance test (SAT) or start of production, but not later than 6 weeks after delivery.
4. All payments to be made for goods and/or services become due for payment without deduction on the date of the invoice. The customer is not entitled to offset or withhold payments unless his counterclaim is legally established, undisputed or recognised by ETT. Moreover the customer is not entitled to execute rights of retention unless his counterclaim results from the very same contractual relationship.
5. In the event that we face any circumstances that cause us to doubt the credit worthiness of the customer, especially if the customer does not cash a check, we are entitled to claim immediate payment of the remaining total debt. In this case, settlement might take place on a delivery versus payment basis.
6. Waiving sections §§ 366, 367 of the German Civil Code we shall determine which claims are settled by the customer’s payment.
§6 Reservation of Ownership
1. The delivered goods (goods subject to reservation) remain property of ETT until the settlement of all claims for payment and other claims against the customer arising from the contractual relationship. Insofar as the value of all security rights to which ETT is entitled exceed the value of all secured claims by more than 10% ETT at their own choice and discretion shall release a respective portion of the security rights upon written request of the buyer.
2. For the duration of the retention of title the customer may not pledge or transfer the goods by way of security and the resale will only be allowed to resellers within ordinary course of business and under the provision that the reseller accept payment from his customer and with the reservation that the ownership will not be transferred to the buyer until the buyer has fulfilled his payment obligations.
3. If the customer sells goods under reservation of title, he assigns by way of security already now to ETT his future claims against his customers arising from the resale including all ancillary rights and possible balance claims and all securities without any later special explanations being necessary. If the goods under reservation of title are resold together with other items without a unit price being agreed for the goods under reservation of title, the purchaser assigns the proportion of the overall price claim which
corresponds to the price of the goods under reservation of title invoiced by the supplier and gives priority to this assigned claimed compared to the remaining payment claim. If a justified interest is credibly shown, the customer has to provide to ETT all necessary information and hand over the required documents so that his rights against the customer can be asserted.
4. The customer undertakes to store the retained goods safely and to insure them against loss and
damage at his own expense. The customer shall assign all his claims from these insurance contracts in advance to ETT. ETT will accept this assignment.
5. ETT is entitled to take out insurance for the delivery item with respect to theft, break, fire, water and other damages on the account of the purchaser, as far as the purchaser does not prove to have concluded this insurance himself.
6. In case of a processing with other items which do not belong to the customer, we are entitled to a co-ownership of the new item to the proportion which results from the ratio of the value of the processed, mixed or integrated (in the following: processed) goods under reservation of title to the value of the remaining processed goods at the moment of processing.
7. Under the reservation of revocation, the customer shall be entitled to collect the assigned claims from the resale. Where good cause exists, especially in the event of default in payment, suspension of payment, application for the opening of insolvency proceedings, protest of a bill or in case of justified indications for an excessive indebtedness or an imminent insolvency of the customer, ETT shall be entitled to revoke the customer’s authority of collection. After prior notice and observation of an appropriate period, ETT is entitled to disclose the assignment for security, use the assigned claims and demand the disclosure of the assignment for security by the customer to his own customers.
8. The customer shall notify ETT immediately of pledges, confiscations or other dispositions or acts of intervention by any third party.
9. If the customer is in breach of his contractual obligations, especially in the event of default in payment, ETT shall be entitled to provide the service immediately, withdraw from the contract and recover the delivered goods after an appropriate period of grace expired without result; the statutory provisions about the dispensability of setting deadlines shall not be affected. The customer shall be obliged to surrender the goods.
1. As far as the customer is entrepreneur in accordance with § 14 German Civil Code, he is obliged to check the goods and services supplied by ETT for defects and to report any defects founds to ETT. Notification of obvious defects shall be deemed in time if received within 7 calendar days from the date of delivery of the goods and/or acceptance of the work performed. Notification of hidden defects shall be deemed in time if received within 7 calendar days after discovery. In the event of non-compliance with this notice period the goods shall be deemed accepted.
2. The opportunity of a supplementary performance within a reasonable period of time has to be given to ETT.
3. The customer is not entitled to change the claimed goods himself independently. In this case, the customer loses his rights to claim damages.
4. ETT at their discretion will either remove proven defects free-of-charge or deliver replacement with the return of the complained goods. If ETT fails to comply with its obligation to supplementary performance or spare part delivery, the customer has to grant ETT an appropriate respite for supplementary performance.
5. Rights to claim damages do not exist in case of insignificant deviations from the agreed properties and conditions, in case of only insignificant impairment of the usefulness, in case of natural wear or damages which were caused after transfer of risk due to faulty or negligent treatment, excessive stress, inappropriate operating material, defective construction work or which were caused by external influences that were not assumed based on the contract. Any public statement or promotion made by ETT, particularly in advertisements, brochures or catalogues do not constitute any contractual assurance of properties. The customer can only assert compensation claims for a defect under the following conditions if the supplementary performance failed or if ETT refuses the supplementary performance. The right of the customer to assert further compensation claims according to the following provisions of § 10 are not affected.
6. Consumables such as lubricants, oils, moveable chose packages, external peripheral connections,
cables that are subjected to torsion and bending strains and any components that are categorised as wear parts (see list of spare and wear parts) are excluded from ETT’s liability for defects. The same applies to defects arising from normal wear and tear, defective maintenance, non-compliance with operating instructions, excessive workload and unsuitable operating material.
7. Warranty claims for material defects of the customer become time-barred twelve months from delivery of the items or acceptance of the work. This provision does not apply if longer periods are required by law or in the event of fatalities, injury to body or damage to health resulting from grossly negligent violation of duty by the supplier or fraudulent concealment of a defect.
§8 Transfer of Risk
1. The risk will be transferred to the customer upon delivery of the goods, even in the event that the equipment still has to be installed by the customer and that a subsequent commissioning by ETT has been agreed between the parties.
2. Furthermore, even in the event of an official confiscation, the risk shall be transferred to the buyer upon handover to the carrier or when the goods leave ETT’s factory or warehouse at the latest.
3. If the dispatch, start / execution of the installation work or assembly are delayed due to circumstances for which the customer is responsible, or if the customer is in delay of acceptance for any other reason, the risk shall be transferred to the customer upon occurrence of the delay.
§9 Delays in Installation and Assembly
If the installation, assembly or commissioning are delayed due to circumstances for which ETT is not responsible, the purchaser will bear the appropriate costs for any waiting time and the additional travel costs incurred to the supplier or his technical staff.
1. According to the aforementioned and the following limitations of liability, ETT shall be liable for fatalities, injuries to body and damages to health caused by deliberate or negligent violation of obligations by ETT, their legal representatives or vicarious agents, as well as for damages that are covered by liability according to the product liability act, and for damages caused by deliberate or grossly negligent
violation of ETT’s obligations, fraudulent intent or the assumption of a guarantee by ETT.
2. ETT will also be liable for any damages caused by slight negligence as far as this negligence is related to contractual obligations and the fulfilment of these obligations is essential for the due execution of the contract and on which the contractual partner can reasonably expect to be able to rely (“cardinal duties” such as the fault-free supply of goods and services). ETT will only be liable if the damage is typically related to the contract and foreseeable and shall be limited to the respective order value. ETT shall not be liable for slight negligence of non-essential secondary contractual obligations. The aforementioned limitations of liability shall also apply as far as the liability of legal representatives, executive staff and other vicarious agents is concerned. Any further liability shall be excluded hereby, without regard to the legal nature of the asserted claim. Where ETT’s liability is limited or excluded, the
same applies to the liability of their employees, staff members, representatives and other vicarious agents. Claims for damages become time-barred one calendar year from the delivery of the goods or services irrespective of the customer’s knowledge of the cause of damage and/or the person who caused the damage. The short limitation period does not apply in so far as the damage was caused deliberately or by gross negligence on the part of ETT or in the event of bodily injuries or fatalities caused by ETT.
§11 Force Majeure
In the event of force majeure or any other circumstances for which ETT is not responsible, e.g. interruptions of operations, strike, lockouts, regulatory interventions etc. – even if a subcontractor is subject to these circumstances – the delivery time will be extended by a reasonable period if these circumstances prevent ETT from complying with their obligations in time. If the delivery or the service becomes permanently impossible due to such a circumstance or if ETT is entitled to refuse the service due to such a circumstance (§§ 257, clause 2 and 3 BGB), ETT may withdraw from the contract. If the delivery time is extended due to one of the aforementioned circumstances or if ETT is released from its obligation to provide service, the customer is not entitled to derive any compensation claim.
§12 Instruction and Product Liability
1. The customer undertakes to observe any product information issued by ETT and to forward this information to his customers. The same applies for any safety data sheets issued by ETT and to any other written product specifications.
2. The customer undertakes to conclude a corresponding agreement with his customers and to provide evidence to ETT on request.
3. In the event that the customer fails to meet this obligation and if this failure results in product liability claims against ETT, the customer shall indemnify ETT from such claims in their internal relationship upon first request.
§13 Export Provisions
If products of ETT are exported, the customer shall comply with the applicable export and control regulations. The customer has to obtain and submit to ETT all appropriate authorisations in good time. If the customer fails to do so, ETT is entitled to withdraw from contract without being liable to any compensation claims to the customer. The customer will be solely responsible for verifying and assessing whether a product requires an export approval and/or whether the export is subject to any specific safeguard provisions. The customer guarantees that he will not export any services and products supplied by ETT into countries that are subject to embargos on export and/or trade restrictions imposed by the Federal Republic of Germany.
ETT reserves all property rights and copyrights for drawings, plans, cost estimates, proposals and other documents submitted to the customer. These documents and/or information shall only be used in connection with the delivered goods as stipulated in the contract and must not be disclosed to third parties without the express written approval of ETT. Programmes and the appropriate documentation are exclusively for own use in the customer’s own business operation.
§15 Place of Jurisdiction and Applicable Law
1. All legal relationships between ETT and the customer are subject to German law in the respective current version. Application of the UN sales law and the conflict rules of international private law are excluded.
2. Place of fulfilment for all disputes arising from or in connection with the contract or these General Business Conditions is Fredelsloh, Germany if the principal is a merchant, a legal entity under public law or a special fund under public law; place of jurisdiction is the court competent for the registered office of ETT. In addition, ETT shall be entitled to raise a claim against the customer at his legal places of jurisdiction (right to choose).
1. There are no additional agreements other than the written contract and the present General Terms and Conditions. Any alterations or additions must in writing, whereby this formal requirement can only be waived by an express written declaration for specific cases.
2. If individual provisions of these General Business Conditions are or become ineffective, the validity of the remaining provisions of these General Conditions shall not be affected thereby. The parties undertake to replace any ineffective provision by a provision which meets the intended legal and economic purpose to the greatest possible extent.
3. If this is not possible, any ineffective provision has to be reduced to the extent in which it is legally effective (reduction maintaining the validity of ineffective provisions).
Issued 1 May 2012
Terms & Conditions of Purchase
a. The following Terms and Conditions of the Buyer apply to all contracts concluded between the Buyer and Seller for the delivery of goods. They shall also apply to all future business relations, even if they are not expressly agreed again. Deviating terms and conditions of sale of the Seller, which the Buyer does not expressly accept in writing, are not binding for the Buyer, even if he does not expressly object to them. The
Buyer’s Terms and Conditions shall also apply if the Buyer accepts the Seller’s delivery without reservation in the knowledge that the Seller’s terms and conditions conflict with or deviate from the Buyer’s Terms and
b. All agreements made between the Buyer and the Seller in connection with the purchase contracts are set forth in writing in the purchase contracts, these Conditions and the Buyer’s offers.
§2 Offer/Conclusion of contract
a. The offer for the conclusion of a purchase contract (order) shall only be effective in writing. Orders placed in any other form require the written confirmation of the Buyer in order to be valid. The Buyer is bound to
the offer for a period of two weeks. The Seller can only accept the offer within these two weeks by written declaration to the Buyer.
b. Drawings, plans and other documents belonging to the order remain the property of the Buyer, who reserves all copyrights to these documents. The Seller may not pass these documents on to third parties without the written consent of the Buyer. If the Seller does not accept the Buyer’s offer within the period of two weeks pursuant to Section 2 a) of these provisions, these documents shall be returned to the Buyer without delay. A right of retention to these documents is excluded.
c. Cost estimates shall not be reimbursed. Any charges for the preparation of an offer must be agreed in writing with the Buyer in advance.
The Seller shall not be entitled to assign an order placed with him. If he wishes to pass on the order in whole or in part to a third party, he must first obtain the written consent of the Buyer.
§4 Delivery Time
The delivery deadlines or the delivery date and time specified in the order are binding. The receipt of the delivery at the place of receipt or use specified by the Buyer shall be decisive for compliance with the
delivery dates or deadlines.
b. If the Seller realises that an agreed date or deadline cannot be met, it shall notify the Buyer thereof in writing without delay, stating the reasons and the expected duration of the delay.
c. If the Seller is in default with the delivery, the Buyer is entitled to the statutory claims. If the Buyer asserts
claims for damages, the Seller is entitled to prove that he is not responsible for the breach of duty.
d. If the Seller is unable to meet agreed delivery dates and deadlines for reasons for which it is not responsible, e.g. due to force majeure or industrial disputes, the contracting parties shall be obliged to adjust their obligations to the changed circumstances in good faith within the scope of what is reasonable. However, the Buyer shall be released from the obligation to accept the ordered delivery and shall be entitled to withdraw from the contract to the extent that the delivery is no longer usable for the Buyer, taking into account economic aspects, as a result of the delay caused by the passage of time.
e. The Seller may only invoke the absence of necessary documents to be supplied by the Buyer if he has sent a written reminder for the documents and has not received them within a reasonable period of time.
f. In the event of delivery earlier than agreed, we are entitled to return the goods at the Seller’s expense. If we do not make use of this option, the delivery shall be stored by us until the agreed delivery date at the
expense and risk of the Seller. The due date of the payment owed by us is determined in this case by the contractually agreed delivery date.
g. Partial deliveries are only permissible with express written agreement. In the case of agreed partial deliveries, the Seller shall indicate the remaining quantity.
The agreed prices are binding and exclude any subsequent claims. Costs for packaging and transport to the place of receipt or use specified by us as well as for customs formalities and customs duties are included in the prices. If no prices are stated in the order, the current list prices of the Seller with the customary deductions shall apply. The price is understood to include the applicable statutory value-added tax. The agreement on the place of performance shall not be affected by the type of pricing.
b. Each delivery must be announced to the Buyer immediately after execution by means of a dispatch note, which must contain details of the type, quantity and weight. All correspondence, as well as shipping notices, bills of lading, and invoices, must include the purchase order number and item number.
c. All deliveries shall be shipped at the risk of the Seller. The risk of any deterioration, including accidental loss, shall remain with the supplier until delivery to the place of receipt or use specified by us.
d. The delivery is to be packed in such a way that transport damage is avoided.
e. Packaging materials may only be used to the extent necessary to achieve this purpose. Only environmentally friendly packaging materials may be used. If packaging is invoiced on the basis of a separate contractual agreement, we shall be entitled to return packaging which is in good condition to the supplier carriage paid against payment of the value resulting from the invoice.
f. Should it be contractually agreed that we are to bear the transport costs, we shall bear these up to the amount of the standard customer rate tariffs.
g. The Seller is free to insure his deliveries of goods at his own expense. Insurance costs invoiced to us shall not be recognised by us and shall not be borne by us.
Invoices, including all associated data, shall be sent to the Buyer in duplicate after delivery. Unless otherwise agreed between the parties in writing, payment shall be made by the Buyer in the customary manner within 14 days with a 3% discount or after 30 days net, both calculated from the date of receipt of the goods. The Buyer shall be entitled to the statutory rights of set-off and retention in full. He is entitled to assign all claims arising from the purchase contract to third parties without the consent of the Seller. The Seller is not entitled to assign claims arising from the contractual relationship to third parties without the prior written consent of the Buyer.
b. Insofar as it is agreed that the Seller shall submit certificates of material tests, these shall form an integral part of the delivery; they shall be submitted together with the invoice, but no later than 10 days after the
invoice date. The scope of delivery also includes the complete documentation, if specified in the order. The payment period shall not commence until the agreed documents have been received in full.
c. The Buyer shall only be obliged to make advance payments if this has been agreed and the Seller provides security, for example, in the form of a performance bond from a domestic credit institution.
§7 Retention of title
The ownership of the ordered goods shall be transferred to the Buyer after full payment of the purchase price. Any form of extended or prolonged retention of title is excluded.
The Buyer is obliged to randomly inspect the goods for deviations in quality and quantity within a reasonable period of time after delivery by the Seller. Notification of obvious defects shall be deemed
timely if it is sent by the Buyer within three working days of delivery of the goods and subsequently received by the Seller; notification of hidden defects shall be deemed timely if it is sent by the Buyer within
three working days of their discovery and subsequently received by the Seller.
b. The Buyer is entitled to the statutory claims for defects against the Seller and the Seller is liable to the
Buyer to the statutory extent. The limitation period for claims for defects is 36 months from the transfer of
risk, unless otherwise agreed.
§9 Liability of the Seller/Insurance cover
If a claim for damages is made against the Buyer by a third party due to product damage for which the Seller is responsible, the Seller shall indemnify the Buyer upon first request against all claims by third
parties, including the costs necessary to defend against such claims.
b. If the Buyer has to carry out a recall action due to a case of damage within the meaning of Section 8 a of these provisions, the Seller shall be obliged to reimburse the Buyer for all expenses arising from or in connection with the recall action carried out by the Seller. The Buyer shall, to the extent possible and reasonable in terms of time, inform the Seller of the content and scope of the recall action and give the Seller the opportunity to comment. Further legal claims of the Buyer remain unaffected by this.
c. The Seller is obliged to take out and maintain product liability insurance with a sum insured appropriate for the goods. Further legal claims of the Buyer remain unaffected by this.
d. If a claim is made against the Buyer by a third party, based on the fact that the Seller’s delivery infringes a statutory property right of the third party, the Seller undertakes to indemnify the Buyer against these claims on first demand, including all necessary expenses incurred by the Buyer in connection with the claim by the third party and its defence, unless the Seller has not acted culpably. The Buyer is not entitled to acknowledge the claims of the third party and/or to conclude agreements with the third party regarding these claims without the written consent of the Seller. The statute of limitations for these indemnification claims is 36 months, calculated from the transfer of risk. The Seller undertakes to use environmentally friendly products and processes for its deliveries and for subcontracted or ancillary services of third parties within the scope of economic and technical possibilities.
He assumes liability for the environmental compatibility of the delivered products and packaging materials; he is liable for all damages and expenses arising from the violation of his legal duty of disposal. At the request of the Buyer, he is obliged to issue a certificate of quality for the goods which are the subject of the delivery. Wearing parts are to be marked in the documentation by the Seller.
§10 Property rights
The Seller warrants that all deliveries are free from third party industrial property rights and that patents, licences or other industrial property rights of third parties are not infringed by the delivery and use of the
delivery items. He shall indemnify the Buyer and its customers against any claims by third parties arising from infringements of property rights and undertakes to reimburse the Buyer and its customers for all costs
incurred in this connection, including the costs necessary to defend against such claims arising from the assertion of claims by third parties.
§11 Data protection
The Seller is aware that the Buyer processes its personal data in the sense of Section 26 of the German Federal Data Protection Act (Bundesdatenschutzgesetzes – BDSG), in particular stores them on data
All parts and documents received from the Buyer remain the property of the Buyer. The Seller is obliged to treat them confidentially; moreover, he may only use them for purposes outside the contract and/or pass them on to third parties or make them accessible to third parties with the written consent of the Buyer. After fulfilment of the respective contract, the Seller shall return them to the Buyer immediately and at its
own expense. The Seller may only refer to the business relationship with the Buyer in his advertising if he has obtained prior written consent. He further undertakes to treat as confidential all commercial and technical information which is not in the public domain and which becomes known to him through the business relationship with us and, if necessary, to oblige his subcontractors accordingly.
§12 Place of jurisdiction/Place of performance/Final provisions
Exclusive place of jurisdiction for deliveries and payments (including actions on cheques) as well as for all disputes arising between the parties from the contracts concluded between them is Göttingen, Germany,
insofar as the Seller is a merchant within the meaning of the German Commercial Code (Handelsgesetzbuches – HGB).
b. The exclusive place of performance for all mutual obligations arising from the contract is Moringen, Germany.
c. The law of the Federal Republic of Germany shall apply exclusively in the respective current version to the exclusion of the conflict of laws rules of private international law. The provisions of the UN Convention on Contracts for the International Sale of Goods (CISG) as well as other international purchase or work contract provisions shall not apply.
d. Changes to the contract must in any case be made in writing. Verbal collateral agreements are invalid.
e. Should one or more of the above provisions be or become invalid in whole or in part, this shall not affect the validity of the contract and the remaining provisions. The parties undertake to replace the invalid provision with a provision that is equivalent to it in terms of the economic result, provided that this does not
result in a significant change to the content of the contract.
As of: 21 October 2019