This Seller Framework Agreement (the “Agreement”) is made and entered into on 05.02.2021 (the “Effective Date”), by and between Toyota Tsusho India Private Limited., a company incorporated under the laws of India and having its registered office at 33 and 34, BIDADI INDUSTRIAL AREA, BIDADI,RAMANAGAR,Bengaluru (Bangalore) Rural, Karnataka, 562109, India (hereinafter referred to as “TTIPL”), and _________, a seller incorporated under the laws of _________ and having its registered/corporate office at ________________________________________, (hereinafter referred to as “Seller”). The TTIPL and the Seller shall each be referred to as a “Party” or collectively as “Parties.”. The said expression(s), where the context admits, shall include its successors and assigns.
In consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, TTIPL and Seller have agreed to the following facts, terms and conditions:
TTIPL owns and operates an independent e-commerce vertical B2B marketplace called as www.metalsplanet.com (as hereinafter referred to as “Website”) that can provide an integrated infrastructure for sales and purchase of goods and ancillary services through the Metals Planet Marketplace to domestic Indian metal market. The e-commerce Website includes robust infrastructure system to process such as seller listing(s), processing of customer orders, co-ordination with sellers for delivery as well as after sales support. The marketplace platform facilitates the sale and purchase of metal(s) inter-alia ferrous or non-ferrous metals and scraps, (hereinafter collectively referred to as “Materials”).
Unless the context indicates otherwise, the words and expressions set out below shall bear the following meanings and cognate expressions shall bear corresponding meanings:
In addition, the Seller will:
The above disclaimer applies to any damages, liability or injuries caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction of or unauthorized access to, alteration of, or use, whether for breach of contract, tort, negligence or any other cause of action.
For Metals Planet:
Attention : Rajiv Kumar Kushwaha
Address : 33 and 34, BIDADI INDUSTRIAL AREA, BIDADI,RAMANAGAR, Bengaluru (Bangalore) Rural, Karnataka, 562109
Facsimile : 080-40823114
E-mail : email@example.com
For Seller :
Seller is responsible for providing TTIPL with Seller’s most current and correct email address. In the event, the last email address of the Seller in TTIPL’s record is not valid, or for any reason is not capable of delivering to Seller the notices required and/or permitted under this Agreement, TTIPLs’ dispatch of the email containing such notice will nonetheless constitute effective notice.
Seller confirms and agree to pay to TTIPL all Taxes inclusive of TCS GST and TDS as imposed by Govt time to time. TTIPL will collect it from the Seller, pay to Govt as an advance, and share the certificate to Seller.