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deeco metals & siltin industries inc. tooling charges policy Payment terms for all tooling and development charges are payable upon order placement. Deeco Metals will provide first article samples, as applicable, manufactured to the customer specifications that are issued on or before order placement. In the event that Deeco cannot manufacture the parts to the required specifications, Deeco may reimburse said customer for an agreed percentage of the tooling charges paid. It is Deeco’s condition of sales that all dies and tools produced for
the manufacture of parts contained herein are the property of the Seller and
are not transferable to the Buyer. Die charges incurred by the Buyer will
cover partial die development costs only. Once the initial charges are
remitted, the Buyer will not be subject to additional die charges for repair,
maintenance or replacement, as long as the customers’ orders continue
to be manufactured by the originally contracted mill. *If our manufacturing
partner (mill) ceases operations or is unable to continue production and a new
mill must be employed, partial tooling replacement charges may be incurred. Deeco
Metals will make all attempts to keep these charges to a minimum if this situation
arises.
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