Terms of Use

Accounts over 30 Days will be charged 1-1/2% interest per month (18% per annum).

Completion of all orders accepted and fulfillment of all agreements or contracts entered into are subject to any delay which might be occasioned by strikes, fires, accidents or other causes whether or not beyond our control and L.I.P., all Subsidiaries and/or affiliates shall not be liable for any consequential damages arising from any such delay.

We guarantee products which are manufactured by L.I.P., or its Subsidiaries and /or Affiliates, for up to one (1) year after invoice dateand will replace those having manufacturing defects, when used in the service of which we recommend them.

No charge for labor or expense required to repair defective goods, the measure of the damage is the replacement of the defective goods or the cost of said goods only.

All allegedly defective goods must be returned as a condition of replacement or credit.

No goods will be taken back and credited unless our consent has been first obtained, and are accompanied by a return authorization memo.

All products returned with our permission must be goods obtained through us and in clean saleable condition.

All products returned will be covered by the manufacturer’s warranty only.

Credit will only be allowed on the basis of prices agreed upon, less 20% to cover handling costs, less any costs of putting in saleable condition, and less transportation charges on original and return shipments.

There are no returns on chemicals.

Orders for fabricated goods are not subject to cancellation for any reason whatsoever after work has been started on them except upon agreement to make payment for all work which has been performed.

All promises of shipment will be as closely estimated as possible. We use our efforts in every case to ship within the time promised, but cannot guarantee to do so.

All claims for shortage must be made on receipt of goods.

Stenographic and clerical errors are subject to corrections.

Upon opening and/or maintaining an account with L.I.P., or any of its Subsidiaries and/or Affiliates, you hereby agree that all disputes, including those arising as result of your nonpayment, may be submitted to New York, County of Nassau.

In the event your account is placed with an attorney for collections, you will be responsible for attorney’s fees in the amount not less than 25% of your outstanding balance.

There is free freight on orders that are $1,000 or more (not including tax) that are paid within the 30 day term.

Free freight does not include anti-freeze, cast iron fittings, or items not listed in catalog, that are considered special ordered.

Free freight eligible in continental United States only.

These terms may be modified from time to time. In such event you will be bound by such revised terms unless you elect in writing, within (5) business days of receipt of said revised terms to close your account and your account is paid in full within sixty (60)days thereafter.