Website Usage Terms

General Provisions

These website usage terms and any other policies referred to herein (including any policies or documents to which a link is provided) (together the “Terms”) apply to the use of the website magneticenginestands.co (the “Website”).

The Website is owned and operated by Magnetic Enginestands OÜ, a private limited company established under the laws of the Republic of Estonia, with company registration number 17176772, and registered address at Väike-Sõjamäe tn 1a, 11415, Tallinn, Harju maakond, Estonia (“Magnetic Enginestands”).

These Terms govern the legal relationship between Magnetic Enginestands and any natural or legal person who uses the Website (the “User”), and apply to access to and use of the Website, including the placement of orders for products or services offered by Magnetic Enginestands.

Please read these Terms carefully before using the Website.

If the User does not agree with the Terms, they should refrain from using the Website. By continuing to browse the Website, the User acknowledges and agrees to be bound by the Terms, applicable laws and regulations, and to be responsible for compliance with any local laws, whether or not the User is a registered user of the Website.

Certain services or sections of the Website may be governed by additional specific terms and conditions. In the event of a conflict between the Terms and such additional terms, the latter shall prevail.

By using the Website (including by registering for an account, by clicking the “submit”, “accept” or “continue” buttons, by signing or otherwise indicating the acceptance of these Terms) the User (or the representative of the User) represents and warrants that:

o  they are least 18 years old;

o  they consent to the processing of their personal data as set forth in the Privacy Policy: https://magneticenginestands.co/privacy-policy

o  if acting on behalf of an organisation, they are authorised to bind that organisation to these Terms.

These Terms apply to the fullest extent permitted by applicable law. If any provision of the Terms is found to be invalid or unenforceable under applicable law, the remaining provisions shall remain in full force and effect.

Magnetic Enginestands reserves the right to amend these Terms, the Website’s content, or any of its features at any time and without prior notice. All amendments take effect upon publication on the Website unless otherwise stated. Continued use of the Website following such amendments constitutes acceptance of the updated Terms.

Intellectual Property

The Website, its contents (including data, text, translations, photos, links, videos, and other materials), source code, and domain name, as well as all related intellectual property rights, are owned by Magnetic Enginestands, Magnetic Group and/or its licensors and are protected under applicable intellectual property laws.

Unless expressly authorised by Magnetic Enginestands, the User may not copy, reproduce, modify, distribute, publicly display, create derivative works of, or otherwise exploit the Website or its contents.

Subject to compliance with these Terms, Magnetic Enginestands grants the User a limited, non-exclusive, non-transferable license to access and use the Website.

Products / Services Purchasing Terms

Ordering Procedure

All information on the Website is for informational purposes only and does not constitute a binding offer. The User’s submission of an order constitutes an offer to purchase. Orders are subject to acceptance by Magnetic Enginestands at its sole discretion.

Magnetic Enginestands may refuse to accept an order for various reasons, including (but not limited to):

·       Unavailability of the product or pricing errors;

·       Failure to obtain payment authorisation;

·       Shipping restrictions;

·       Delivery to freight forwarding addresses.

To place an order, the User must:

1.     Select the desired product or service;

2.     Review the full product/service information;

3.     Click “Book now”;

4.     Complete personal and delivery information;

5.     Select a valid payment method;

6.     Review and accept the Lease Agreement Terms, (https://magneticenginestands.co/engine-stand-lease-agreement) these Terms, and the Privacy Policy;

7.     Confirm the booking.

Upon booking, the User will receive an acknowledgement email including a proforma invoice and draft agreement. This email does not constitute acceptance. A binding contract is concluded only once (i) the parties sign the agreement and (ii) payment is received (unless NET terms apply).

Payment

All payments shall be executed by:

§  Bank card;

§  Paysera; or

§  Bank transfer.

The User confirms that the payment method used is legally theirs and that all provided payment details are complete and accurate.

Delivery, Title and Risk

Products will be delivered to the address specified in the User’s order. Magnetic Enginestands and its delivery partners shall not be liable for incorrect or incomplete delivery details provided by the User.

When the User has selected a preferred delivery method and provided their order has been accepted by Magnetic Enginestands, the User’s order shall be processed by Magnetic Enginestands and Delivery Service provider. Where the User has selected to organize delivery services by themself, the User’s sole remedy for any failure to dispatch his/her order.

Risk of loss or damage passes to the User once the product has been collected by the delivery provider or, if self-organised, upon collection by the User or their agent. The User is solely responsible for complying with applicable import regulations and paying any taxes or duties.

Cancellation and Returns

Should the User wish to cancel or return any product or service without cause, including due to non-compliance with their individual requirements, Magnetic Enginestands shall, upon receipt of a duly completed and signed Return Materials Authorization (RMA) form, refund 85% of the purchase price within 30 calendar days. The remaining 15% shall be retained as a restocking fee. If the product has already been delivered, the User shall bear all return shipping costs.

In the event the User has paid any import duties, taxes, or similar charges directly to the relevant authorities in connection with the returned product, Magnetic Enginestands shall not be liable for refunding such amounts, nor shall it be responsible for whether any such refund is obtainable from the relevant authorities.

Warranty claims must be submitted within 7 calendar days of detecting the defect (within the warranty term) to:

 rfq@magneticenginestands.co

Liability

If the User breaches any obligations under the Terms, they shall be liable to compensate Magnetic Enginestands or any third party for all damages suffered, and to reimburse any and all losses, expenses, and costs incurred by Magnetic Enginestands or such third party as a result of the breach. The obligation to compensate for losses shall not release the User from fulfilling any remaining obligations under these Terms.

THE CONTENTS OF THE WEBSITE ARE PROVIDED ON AN "AS IS", "AS AVAILABLE" BASIS WITHOUT ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS, OR FITNESS FOR A PARTICULAR PURPOSE. MAGNETIC ENGINESTANDS DOES NOT WARRANT THAT: (I) THE QUALITY OF THE SERVICE, PRODUCTS OR INFORMATION WILL MEET THE USER’S REQUIREMENTS OR EXPECTATIONS; OR (II) THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, COMPATIBLE WITH THE USER’S EQUIPMENT OR SOFTWARE, OR ERROR-FREE, OR THAT ANY ERRORS OR DEFECTS WILL BE CORRECTED.

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, IN NO EVENT SHALL MAGNETIC ENGINESTANDS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DIRECT, INDIRECT, ACTUAL, INCIDENTAL, PUNITIVE, SPECIAL, OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, OR LOSS OF INFORMATION) ARISING FROM THE CONTENT OF THE WEBSITE OR FROM THE USE OF, OR INABILITY TO USE, THE WEBSITE, EVEN IF MAGNETIC ENGINESTANDS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Furthermore, Magnetic Enginestands does not guarantee the accuracy or completeness of information, links, or other content provided by third parties on the Website. While Magnetic Enginestands makes reasonable efforts to ensure the correctness of the information and materials available on the Website, it does not assume any responsibility or liability for the accuracy, completeness, or authenticity of such information or materials.

Disclaimer of Warranties

The Website is provided “as is” and “as available” without any warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.

Magnetic Enginestands does not guarantee that the Website will be uninterrupted or error-free, or that defects will be corrected.

User-Provided Content

By submitting any content or information via the Website or by email, the User represents and warrants that:

• The content is accurate, lawful, and suitable for publication;

• It does not contain viruses or other harmful elements;

• The User has the legal right to submit such content;

• The User shall not assert any claims against Magnetic Enginestands in relation to such submissions and agrees to indemnify Magnetic Enginestands against any third-party claims arising therefrom.

The User is responsible for maintaining the confidentiality of their account credentials and for all activities conducted under their account. In the event of any security breach or unauthorised use, the User must promptly notify Magnetic Enginestands.

Third Party Links

The Website may contain links to third-party websites. Magnetic Enginestands does not control or endorse such websites and assumes no responsibility for their content or privacy practices. Users should exercise caution and review the privacy policies of third-party sites.

Applicable Law and Dispute Resolution

These Terms are governed by the laws of the Republic of Estonia and directly applicable EU legislation. Any disputes shall be subject to the exclusive jurisdiction of the Estonian courts.

Contact Information

To report a violation or for assistance, please contact:

Magnetic Enginestands OÜ
Email: rfq@magneticenginestands.co
Phone: +372 6401 119