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Sales Order Terms and Conditions
Customer hereby deposits with Accelerant the initial deposit amount set forth above (the "Deposit") to reserve Customer's position in line to receive a PRO-Pre-Roll Machine that weighs, fills and closes cannabis cones at high speeds (the “Machine”). The Deposit will also as serve as a pre-paid draw against the Customer's initial fees owed to Accelerant following delivery and acceptance of a Machine and the execution by the parties of a definitive agreement on mutually acceptable terms (the “Definitive Agreement”).
The Deposit must be paid at the time of Customer’s execution of this Order.
The Delivery of the Machine (the “Delivery”) is the act of delivering and installing the Machine and related equipment. The date of the Delivery shall be agreed upon between the Provider and the Customer following fabrication of the Machine assigned to the Customer and execution of the Definitive Agreement. Acceptance criteria for the Machine will be included in the Definitive Agreement.
Customer may terminate this Order by written notice to Accelerant if a Definitive Agreement has not been executed or Accelerant has not given notification of Delivery of a Machine within 90 days from the Effective Date. Accelerant may terminate this Order by written notice to Customer if a Definitive Agreement has not been executed within 90 days from the Effective Date. In the event of termination, the deposit will be returned, unless the parties agree otherwise on a Definitive Agreement.
The Customer and Accelerant will negotiate in good faith to reach agreement on the Definitive Agreement. The following basic commercial terms will be included in the Definitive Agreement for its initial term:
- Fees payable to Accelerant per pre-roll cone will not exceed $0.15 and will decline per pre-roll cone based on volume tiers.
- There will be minimum fees per month regardless of actual volume
- The initial term will be no shorter than 3 years.
In the event of a conflict between the terms of this Order and the terms of a Definitive Agreement executed by the parties, the terms of the Definitive Agreement will govern.
This Order will be governed by the laws of the State of Delaware.
(646) 715-6091
1800 Purdy Avenue
Suite 1403
Miami Beach, FL 33139
