Purchase Order Diplomat in Iran Tehran –Free Word Template Download with AI

1. Payment Terms: Payment for this Purchase Order shall be made in three installments: 30% upon confirmation of the Purchase Order by Diplomat International Trading Co., 50% upon shipment and presentation of Bill of Lading at the port of Bandar Abbas, and the remaining 20% upon successful delivery, inspection, and acceptance of all Diplomat goods at the designated locations in Iran Tehran. All payments shall be processed via irrevocable Letter of Credit issued by Bank Melli Iran, Tehran branch.

2. Delivery and Incoterms: All goods shall be delivered on a CIF (Cost, Insurance, and Freight) basis to the Port of Bandar Abbas, Iran. Subsequent inland transportation from Bandar Abbas to the final delivery points in Iran Tehran shall be arranged and funded by Diplomat International Trading Co. as specified in the line items above. The total delivery window shall not exceed 50 calendar days from the date of this Purchase Order.

3. Quality Assurance and Inspection: All Diplomat products must be accompanied by certificates of origin, quality inspection reports, and compliance documentation. The Buyer reserves the right to conduct pre-shipment inspection at the Diplomat manufacturing facility and post-delivery inspection at the Iran Tehran receiving locations. Any items found to be defective, damaged, or non-conforming to the Diplomat specifications shall be replaced at no additional cost to the Buyer within 30 days of notification.

4. Warranty: Diplomat International Trading Co. shall provide a minimum 5-year comprehensive warranty on all structural furniture items and a 3-year warranty on all mechanical and electronic components. Warranty service for items delivered in Iran Tehran shall be provided through Diplomat's authorized service partner in Tehran, as designated in writing prior to delivery.

5. Compliance with Iranian Regulations: The supplier acknowledges that all goods under this Purchase Order are destined for use in Iran Tehran and must comply with all applicable Iranian import regulations, customs requirements, and product safety standards. Diplomat International Trading Co. is responsible for ensuring that all necessary export licenses, transit permits, and documentation are secured prior to shipment.

6. Dispute Resolution: Any disputes arising from this Purchase Order shall be resolved through arbitration in accordance with the rules of the International Chamber of Commerce (ICC). The seat of arbitration shall be Tehran, Iran. The language of arbitration shall be English. Both parties agree to attempt amicable resolution for a period of 30 days before initiating formal arbitration proceedings.

7. Force Majeure: Neither party shall be held liable for delays or failures in performance resulting from events beyond their reasonable control, including but not limited to natural disasters, government sanctions changes, port closures, or acts of war affecting the Iran Tehran region or the supplier's operations.