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General Terms and Conditions for Online Sales

 

READ OUR GENERAL TERMS AND CONDITIONS FOR MDACI ONLINE SALES CAREFULLY BEFORE YOU CLICK THE “I agree with Terms and Conditions” BUTTON FOR EACH PRODUCT AND SERVICE YOU BUY ONLINE FROM MDACI.

 

I.   Subject of Terms and Conditions 

    1. These General Terms and Conditions for Online Sales (hereinafter referred to as “General Terms”) apply to all Purchase Orders (POs) you place on www.mdacapitalinvest.com, hereinafter referred to as “MDACI Online Store” or “the Online Store of MDA CAPITAL INVEST, A.S.®, including your subsequent with MDA CAPITAL INVEST, A.S. (MDACI), Generala Selnera 3256, 272 01 Kladno, Czechia (hereinafter referred to as “MDACI”) regarding your purchase of manufactured materials, parts, finished products and services (collectively referred to as “goods”). 

    2. Our products consist of energy, mining, power, food, beverages, agriculture, farming, commodities, gardening, textile, fashion, ironmongery, fisheries, technologies, equipment, tools, healthcare, beauty, building materials, art and collectibles, decoration materials, antiques, toys, e-books, manuals and forms, etc.

    3. Our main services include education, training, technical consultancy, financial consultancy, economic consultancy, international trade consultancy, international business development (bankable and financeable project development).

    4. By purchasing our Goods, the customer, hereinafter referred to as "Buyer" agrees with our General Terms and Conditions herein.

    5. Any alterations or amendments to the General Terms and Conditions of sale herein must be accepted by MDACI in writing, otherwise they should be null and void.

    6. These General Terms and Conditions shall apply exclusively. We do not accept any conflicting or deviating terms and conditions, unless this has been agreed in the individual case with a legal representative of MDACI in writing. Our General Terms shall apply to deliveries even in the event that the conflicting or deviating terms have not been contradicted by MDACI. 

    7. These General Terms apply equally to any corporate business and individual. Differing provisions for consumers have been made where necessary.

 

II.  Goods Selection, User Account

    1. MDACI Online Store includes a presentation of the Goods the Buyer can order, including the individual goods item prices. The Goods consist of manufactured materials, parts, finished products and services in all industries, including energy, mining, power, agriculture, farming, gardening, ironmeongery, food, beverages, textile, fashion and fisheries, etc. as provided in Art. I and presented on www.mdacapitalinvest.com. The prices are exclusive of Value Added Tax (V.A.T.) and all other charges such as customs fee, transport fee and storage. The goods presentation on MDACI Online Store is a draft purchase contract for the goods subject to availability and ability of MDACI to supply. For the purpose of this online store, MDACI´s goods stock is updated every 24 hours. As a matter of exception, the goods shown on our online store display may be out of stock, in such case the Buyer will be contacted and offered a suitable alternative to the ordered goods.

    2. On the basis of registration with MDACI, an automatic user account will be opened for all registered members, which are divided into the following three (3) categories: a) the buyers, b) the traders and c) the Investors. Through their membership user account, these members can place orders for the goods and follow the order status. Access to the user account is username (which is generally the user email address) and password protected. Goods can also be ordered from our online store, www.mdacapitalinvest.com, without registration.

 

III. Order

    1. To order goods, the buyer places the selected goods as provided in Art. II in a Shopping Cart and fills out the online store Order Form, providing the contact, delivery and billing data, the method of delivery (shipment) and payment. Before the order is submitted, the buyer is allowed to check and correct he entered data as needed. The order is completed by clicking on "Binding Order Placement" button, committing the buyer to pay for the goods.

    2. Immediately after receiving the order, MDACI sends an automatic confirmation notice to Buyer´s e-mail address entered in the order form.

    3. The purchase contract between MDACI and the Buyer is executed by order placement by the buyer. The submitted order constituted the liability of the buyer to pay the purchase price of the ordered goods. If the ordered goods are out of stock, the Buyer is informed; unless an agreement is made on delivery of alternative goods and MDACI is unable to arrange for the ordered goods delivery either party is entitled to withdraw from the purchase contract. Pursuant to the nature of the order (products, quantity, and price, etc.), MDACI is always entitled to ask the Buyer for the order reconfirmation by e-mail or by phone.

    4. The Buyer can withdraw from the purchase contract (cancel the order) any time after the order placement and receipt of the e-mail order confirmation will the goods takeover by sending an e-mail to info@mdacapitalinvest.com. Withdrawal can also be implemented through MDACI´s withdrawal form is available for download on MDACI's website, www.mdacapitalinvest.com. If the Buyer has already paid for the ordered goods, the full amount will be refunded to them immediately in the manner described in Art. XI hereof.

    5. The Buyer agrees with use of remote communication means for purchase contract execution. The costs of the buyer incurred for use of remote communication means in connection with the purchase contract execution (telecommunications and processing costs) shall be borne by the Buyer in compliance with the basic rates.

 

IV. Process, Acceptance and Confirmation of Orders

    1. The product presentation on our Website does not represent an offer but shall be understood as a non-binding invitation for the customer to submit an order. By clicking the “Order” button, you send to us a binding Purchase Agreement to order and buy our Goods in your shopping cart (hereinafter referred to as “Order”). 

    2. MDACI may, at its discretion, accept or reject the Order. MDACI will accept your Order by sending an order confirmation or simply by delivering the ordered Goods to you. Unless otherwise stated, the effective date of the purchase agreement is the date on which MDACI confirms by email the acceptance of your Order. In case of purchase on advance payment, the purchase agreement is subject to the condition of and shall become binding for MDACI only upon receipt of the full payment for the purchase.

    3. The ordering process on our website comprises the following four steps:

      (1) You select the desired goods. 
      (2) You check all items in your shopping cart and apply any necessary changes. You click the “Check out” button to proceed to payment. 
      (3) If you have not already done so, you log into your user account with email and password and enter the required customer data for the invoice. 
      (4) Finally, on the “Checkout” page, you select the preferred method of payment and confirm your acceptance of the conditions that shall apply to the purchase. Here, you can again change the invoice details, check your purchase data and return to the cart by clicking “Back to cart”. By clicking “Buy now”, your Order becomes binding.
    4. With our order confirmation and/or delivery, we will send you a copy of the corresponding Order, including the corresponding invoice, to your email address. 

    5. Any arrangement with agents, representatives or other intermediaries of MDACI shall be binding upon MDACI only if such arrangement is confirmed in writing by MDACI.

 

V.  Prices, Delivery Costs, Taxes and Duties  

    1. All prices quoted on our Website (www.mdacapitalinvest.com) are in EURO (€) net, excluding all cost and charges (e.g. packaging, insurance and shipping charges of the Goods and any financial charges levied by the Buyer from the payment for the Goods) that may apply to a particular case.

    2. The purchase price of the Goods quoted by MDACI is exclusive of all tax, Value Added Tax (VAT) or customs clearance duties, which are Buyer's responsibility to pay and clear under their local laws. 

    3. If you are a consumer residing in the European Union (EU) or if you represent a legal entity registered in Czechia or a European entity without VAT ID number, the legal VAT applicable for your country is added to the amount of the product price, as specified on the checkout page.

    4. Any additional custom taxes, duties, fees, imposts, tariffs and charges that may be raised by the authorities of Buyer's country shall be borne by the Buyer. In the event MDACI is required to pay such charges to any authority, you shall indemnify and hold harmless MDACI for any such payments 

    5. MDACI reserves the right to increase the purchase price of the Goods, by giving notice to the Buyer at any time before the delivery of the Goods that is due to: 

      (1) any request from the Buyer to change the delivery date, quantities or types of the Goods ordered, or the specifications of the Goods;
      (2) any factors beyond the reasonable control of MDACI; and/or
      (3) any delay caused by the Buyer's instruction in respect of the Goods or failure of the Buyer to give MDACI adequate or accurate information or instructions.
    6. In the event of obvious errors on the Website or made in connection with your Order, MDACI reserves the right to correct the error and charge you the correct price. In such a situation, we will contact you and offer you  another purchase option at the correct price or cancelling your Order.

    7. Any grant of credit terms must be agreed in advance in writing by MDACI. Full payment is then due in accordance with the agreed credit terms.

    8. MDACI reserves the right to cancel the Buyer’s credit at any time by giving written notice to the Buyer in which case all amounts due from the Buyer shall become immediately due and payable.

    9. MDACI shall issue an invoice to the Buyer in accordance to the agreed terms under the Contract and the General Conditions of Sale herein. The Buyer shall pay for each invoice in full to a bank account nominated in writing by MDACI in accordance with any agreed credit terms under the Contract. The invoices are due and payable within Fourteen (14) specified on the invoice.

    10. Without limiting any other right or remedy available to MDACI, if the Buyer fails to make any payment to MDACI by the due date, MDACI shall have the right to charge an interest on the overdue amount at the rate of 1.5% per month accumulating on a daily basis from the due date until the date on which the full payment of the overdue amount is received by MDACI.

    11. In the event of any payment delay, even partial, MDACI shall have the right to suspend deliveries of the Goods and may, at its option, require immediate payment of all sums owned by the Buyer or terminate the Contract.

    12. The Buyer shall pay all amounts due under the Contract in full without any counterclaim, set-off, deduction or withholding (except for any deduction or withholding required by law). Only in cases when MDACI issues a credit note to the Buyer, the Buyer can withhold payment to the extent that the withholding amount is not more than the amount stated on the issued credit note.

 

VI.  Shipment

    1. The goods are shipped from our own central warehouses or partners’ warehouses and delivery centres located in Czechia, the EU and around the world.

    2. The transport costs are shown in the following table (here).
    3. The goods are shipped on the next workday after confirmation of full payment as provided in Art. IV of this Agreement. The delivery date is scheduled for a period of 3-10 days, subject to the delivery destination.

    4. Information to the buyer about the delivery time, goods collection options and storage periods in the case of another delivery method selection is based on the terms and conditions of the respective carrier as provided in Art. V.

    5. If the buyer fails to collect the goods within the scheduled delivery time, then MDACI is entitled to withdraw from the contract, unless another delivery method or time is validly planned and agreed between MDACI and the Buyer.

 

XII. Delivery

    1. MDACI will send the delivery email to the address indicated in your Order. The delivery contains the download link, the product license key(s) and the invoice.

    2.  MDACI shall deliver the Goods without delay upon confirmation of your successful payment of the purchase price. Time for delivery shall be prolonged by reasonable periods in case of force majeure or other events for which MDACI is not responsible, such as disruptions in operations, strikes, authority measures, or troubles with telecommunications.

    3. The Goods shall remain the property of MDACI until all liabilities under the Order have been paid in full, the earlier passing of the risk notwithstanding.

    4. The Goods may be subject to customs and export control laws and regulations. You are obliged to comply with the regulations and obligations resulting from these export control laws. MDACI shall not be liable for any and all limitations with regard to the delivery of the Goods, resulting from such regulations and reserves the right to withdraw from the purchase agreement based on these grounds.

 

VIII.  Right of withdrawal 

    1. The buyer is entitled to withdraw from this purchase Agreement without giving the reason for the withdrawal within a period of Fourteen (14) days from the effective date of receipt of the goods. The withdrawal notice can be delivered to MDACI´s registered office address or by email to info@mdacapitalinvest.com. The withdrawal period shall apply if the buyer sends a notification about the withdrawal within the deadline. The buyer may use the withdrawal form for download on the MDACI’s website (here) or attached to the billing documents of the delivered goods. 

    2. To speed up the process the buyer is advised to attach a copy of the invoice. 

    3. Withdrawal cancels the purchase contract.

    4. In the case of contract withdrawal, the buyer shall send the (undamaged, unused and in the original package, if possible) goods with complete accessories to MDACI´s registered office address or central warehouse as the case may be without undue delay, but no later than in 14 days from the contract withdrawal.

    5. The costs of the goods return after the contract withdrawal shall be borne by the buyer, including if the goods, due to their special nature, cannot be returned by ordinary post

    6. MDACI recommends the buyers to return the goods by registered mail or in another manner permitting return delivery monitoring and insurance. This may prevent complications in case of the consignment loss or delay during transport.

    7. MDACI shall refund the full purchase price  to the buyer within a period of 14 days from the contract withdrawal in the manner in which the purchase price was received by MDACI from the buyer, usually by wire transfer to the bank account specified in the withdrawal notice. The purchase price paid by means of PayPal may only be refunded by PayPal. If the buyer has chosen a goods delivery method other than the cheapest one offered by MDACI, MDACI shall refund to the buyer the amount corresponding to the cheapest offered method of the goods delivery. MDACI is not liable to refund the purchase price to the buyer before receipt of the returned goods and the shipping documents back to MDACI. In the case of purchase price paid by a gift coupon MDACI shall renew validity of the gift coupon if the original validity period of the coupon has not yet expired.

    8. In the case of goods devaluation resulting from the goods handling in a manner other than necessary for acquaintance with the goods nature and properties, including function, MDACI shall be entitled to monetary compensation for the damage. In such case, MDACI shall be entitled to offset its claim for damage compensation against the claim of the buyer for the goods price refund after withdrawal – the buyer shall receive the refund reduced by the relevant amount of the compensation. 

    9. The buyer agrees that in compliance with applicable legislation a goods delivery contract cannot be withdrawn from in the case of goods adapted according to individual requirements of the buyer, to the buyer´s figure, or goods delivered in a sealed container and taken out by the buyer and non-returnable to the package for hygienic reasons (for example underwear, socks, software, etc.).

    10. The method of contract withdrawal as described above herein is also applicable to a gift coupon purchase. The withdrawal deadline shall start from the date of the coupon receipt. MDACI shall invalidate the coupon immediately after receipt of the contract withdrawal notice. MDACI shall refund the paid coupon price in Fourteen (14) days from effective date of receipt of the withdrawal contract from the Buyer. 

 

IX. Payment and Payment Conditions

    1. The purchase price can be paid in advance only, by Bank Transfer, PayPal or by online Credit Card payment. The Payment Processing Fee are free. The goods are delivered by FedEx transport service.

    2. You can select one of the payments methods described on the Website. MDACI reserves the right to exclude or include particular payment methods at any time.

    3. In case of payment by Credit Card or PayPal, your payment will be respectively executed by our Bank, CSOB and PayPal, using their discrete secure infrastructure. CSOB and PayPal reserve the right to decline the processing of payments in cases of suspected fraud or other irregularity.

    4. If you choose "Prepayment" as payment method, we will send you a Proforma invoice, including our banking details by email. You shall be obligated to pay the amount due without delay in full, including any bank charges for MDACI. Our acceptance of your Order in this case will be subject to receipt of your payment.

    5. If your prepayment has not be made within 14 days upon receipt of the invoice, MDACI will have the right to rescind the contract; the right of MDACI to raise claims for damages on such grounds shall not be affected thereby.

    6. In the event of any payment delay, MDACI shall have the right to charge default interest in the amount of 5% above the base interest rate of the ECB valid at the time. In addition, you shall be obliged to compensate any reminder costs and collection expenses that have been incurred due to the delayed payment.

    7. You may not set off any amounts due whatsoever from MDACI against amounts due to MDACI, unless expressly allowed by mandatory Consumer protection law.

 

X.   Replacement of Goods

    1. The buyer shall be entitled for replacement of the purchased goods with other goods int he same value (or higher value if the difference is paid by the buyer) in 14 days from the goods takeover. In such case the buyer shall return the unused and undamaged goods, with all parts and accessories, at its cost, to the address of MDACI with an exactly specified requirement for the replacement goods. For those purposes the buyer can use the goods replacement form for download on the e-shop web site or attached to the goods delivery. The replacement can also be agreed by e-mail or by phone or through a new order in the e-shop with a note about goods replacement including the original order number. To speed up the process the buyer is advised to attach a copy of the invoice issued by MDACI to the withdrawal notice.

    2. In the case of the first replacement within the same order the buyer shall only pay the costs of the original goods return to MDACI and the replacement goods shall be delivered to the buyer free of charge. In the case of another replacement within the same order the buyer shall pay for both the original goods return and the replacement goods delivery.

    3. We recommends the buyers to return the goods for replacement by registered mail or in another manner permitting return delivery monitoring and insurance to prevent complications in case of the consignment loss or delay during transport. If the goods returned for the purpose of replacement are damaged or otherwise devalued the buyer shall be contacted for the purpose of further procedure agreement.

 

XI.  Use of personal information 

    1. To register on the Website, you need to specify a login name and a password. MDACI further needs your contact information for issuing the invoice. You are responsible for keeping this information correct, confidential, and up to date.

    2. By completing the contact form, you ensure and take full responsibility that the entered data truly identifies you as a natural person or as a representative of the specified organization. If you place an Order on behalf of an organization, you ensure that you have the authority to do so. In particular, you are responsible that any VAT number you enter is appropriate and correct. 

    3. MDACI is not liable for any consequences that may result from incorrect or false information you have entered or changed subsequently to your Order. 

    4. In case of online payments, you are required to enter your payment details. Online payment information related to your Order is processed by MDACI’s payment service provider CSOB and PayPal. MDACI does not receive detailed information (such as your credit card number) from transactions but instead receives information about whether the payment has been performed successfully or not. 

    5. By placing your Order, you agree that your contact and payment information may be used to process your payment and to execute your Order. 

 

XII.  Data Protection 

    1. MDACI shall comply with the provisions of the Czech Data Protection Act (The Czech Republic's second data protection act – The Personal Data Processing Act 2019 (No. 110/2019 Coll.; hereinafter ZZOÚ) – is the implementation of the EU new legal framework: GDPR, Data Protection Directive 2016/680 (LED) & PNRD) and take all reasonable measures to keep your personal information confidential.

    2. MDACI will disclose your personal information to third parties only to the extent necessary to process your payment, to enforce and fulfil the purchase agreement, to comply with legal and administrative obligations, or to prevent, detect, mitigate, and investigate fraudulent or illegal activities related to the use of the Goods

    3. MDACI will not disclose your personal information to any third parties for marketing and advertising purposes without your explicit consent. 

 

XIII.  Liability 

    1. Unless MDACI is proven to have defaulted intentionally or through gross negligence, claims for damages or the rescission of the contract on grounds of late delivery is excluded. MDACI’s total liability in any matter arising out of or related to these General Terms is limited to the purchase price. 

 

XIV. Force majeure

    1. MDACI shall not be liable or responsible for any delays in delivery and failure to do so if the conditions were deemed out of the control of MDACI, including but not limited to fires, act of God, unusually severe weather, flood, confiscation, major traffic jam, strikes, labour difficulties, principal changes of legislation or official decisions (permits. Should such events continue to prevent MDACI from performing the Contract, MDACI may terminate the Contract.
    2. The Parties hereto are not liable for breach of provisions hereof in case of the so-called force majeure, i.e. unforeseeable event arisen objectively, independently of the will of the Parties hereto, not attributable to either of the Parties to this agreement, which occurred after this agreement came into force.
    3. MDACI hereto shall notify the Buyer immediately after the force majeure events have arisen, otherwise the right to claim the force majeure with all related consequences ceases to exist. For the term of the force majeure events MDACI is not in delay with fulfillment of the contract duties. The Parties shall make every effort to eliminate force majeure consequences as soon as possible.
    4. Lack of workforce, materials, funds, strike, etc., are not considered force majeure events, unless they occur as the consequence of the force majeure event.

 

XV.   Claims

    1. Any claims must be made in writing and must indicate in detail the defects and/or non-compliances contested within Fourteen (14) days from the effective date of receipt of the Goods. If the Goods happened to be damaged in the shipment process, the claims must be filed to the delivering carrier and noted on the freight bill before the receipt of the Goods.

 

XVI.  Storage Policy

    1. All orders must be shipped within a period of Fifteen (15) days from effective date of full payment of the Goods in order to avoid Storage Fees. A Storage Fee of € 200 (Two Hundred Euro) per week will be added to the final invoice if the merchandise is not picked up before the fifteen (15) day deadline expires. This Storage Fee apply for ordered goods of a quantity of 1-100kg. For Goods with a total weight less than 1kg, the Storage Fee is € 50 (Fifty Euro) per week. If the order cannot be shipped after thirty (30) days of completion, MDACI reserve the right to cancel the entire order and if there are any deposit payment, they will result in forfeiture.

 

XVII. Ownership and Risks

    1. Title to the Goods shall remain vested in MDACI and shall not pass to Buyer until full payment is made by Buyer. Until title to the Goods has passed to Buyer:

      (1) MDACI shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of the Goods prior to the full payment;
      (2) the Buyer shall hold the Goods on trust for MDACI; and MDACI (and its agents and employees) shall be authorized, at any time and without the need to give notice (and accompanied by any court representative if mandatory under the applicable law), enter the Buyer's premises during working hours in order to proceed with an examination or recovery of Goods to which it has retained title;
      (3) the Buyer shall store or mark the Goods in a manner reasonably satisfactory to MDACI indicating that title to the Goods remains vested in MDACI;
      (4) the Buyer shall insure the Goods to their full replacement value, and arrange for MDACI to be noted on the policy of insurance as the loss payee; and
      (5) the Buyer shall indemnify and hold harmless MDACI from and against any claim, action, suit or demand or any expense, loss, damage or liability suffered, arising out of any misrepresentation, breach of warranty or non-fulfillment of any material covenant, obligation or agreement of the Buyer set forth in the General Conditions of Sale herein, associated with the order or under the Contract.
    2. Irrespective of whether title to the Goods remains vested in MDACI, all risk of loss or damage to the Goods shall pass to Buyer upon delivery of Goods. 

    3. The Buyer shall not be entitled to pledge or in any way charge by way of security for any indebtedness of the Goods, which remain the property of MDACI, but if Buyer does so, all monies owing by Buyer to MDACI shall (without prejudice to any other right or remedy of MDACI) forthwith become due and payable

  

XVIII. Limited Warranty

    1. Generally, all our products are covered by a warranty certificate of a minimum period of one (1) year provided on mdacapitalinvest.com.
    2. On purchasing our products and services (the "Goods") from mdacapitalinvest.com or from authorized resellers located around the world, the Warranty for the Goods is provided by MDACI, Generala Selnera, 3256, 272 01 Kladno, Czechia or by the entity identified at mdacapitalinvest.com under each product. The provider of the warranty is sometimes referred to herein as "MDACI" or the "Product manufacturer".
    3. When you purchase a new or Certified Refurbished Product, we warrant the Products against defects in materials and workmanship under ordinary consumer use for a period of one (1) to two (2) years from the effective date of purchase of the Product by the Buyer. In the case of a defect arises in the Product during the given product warranty period, Buyer shall follow the instructions provided in our Return Policies for returning the product. Then, MDACI, at its own option, to the extent permitted by law, either (i) repair the products, using either new or refurbished parts, (ii) replace the product with a new or refurbished product that is equivalent to the product to be replaced, or (iii) refund to you all or part of the purchase price of the products. This limited warranty applies, to the extent permitted by law, to any repair, replacement part or replacement product for the remainder of the original warranty period or for ninety days, whichever period is longer. All replaced parts and products for which a refund is given shall become our property. This limited warranty applies only to hardware components of products that are not subject to accident, misuse, neglect, fire or damage from other external causes, alteration, repair, or commercial use. 

 

XIX. Final Provision 

    1. MDACI may assign or transfer its rights and obligations under the purchase agreement with you, in whole or in part, at any time without notice to you. You may not assign the purchase agreement or transfer any rights hereunder.

    2. If any part of these General Terms is or becomes legally invalid or ineffective, the validity of the other provisions shall not be affected thereby. In this case, the invalid or ineffective provision shall be replaced by a provision, which comes as close as possible to the economic purpose of the invalid or ineffective provision. 

    3. MDACI reserves the right to amend these General Terms after prior written notification. Changes shall apply to your existing purchase agreements only, subject to the conditions that MDACI has informed you about the intended changes in writing and that you did not object to the changes within a period of four weeks. 

    4. Any and all changes and amendments to a purchase agreement concluded with MDACI shall be submitted in writing. This shall also apply to a waiver of this written form clause. 

    5. These General Terms shall be governed by Czech and EU law, to the exclusion of its conflict of law rules. The application of the United Nation Convention on Contracts for the International Sale of Goods shall be excluded. The place of jurisdiction shall be the court having subject-matter jurisdiction in Prague, Austria. If you are a purchaser outside the European Union, MDACI is entitled to bring action against you regarding all disputes related to the purchase agreement also at your residence, registered office or place of establishment. 

    6. The executed purchase contract shall be archived by MDACI and delivered to the buyer by e-mail or by ordinary post at the cost of the buyer. Before final order placement the buyer is not bound by its expression and can amend the entered data at its discretion. MDACI is not bound by any code of conduct in relation to the buyer. Out-of-court settlement of consumer complaints shall be ensured by MDACI via the e-mail info@mdacapitalinvest.com, with the information about the complaint settlement delivered by MDACI to the e-mail address from which the complaint was sent.

    7. Potential disputes between MDACI and the buyer may be settled out of court for example by means of the Czech Trade Inspection Authority or via the dispute settlement online platform of the European Commission. For more information about out-of-court dispute settlement with the help of these authorities see the web sites of these entities on the relevant links. MDACI recommends to the buyer to address MDACI directly with a potential dispute or complaint before resorting to out-of-court dispute settlement via the MDACI's e-mail address, info@mdacapitalinvest.com

    8. Correspondence may be delivered to MDACI by e-mail, in person or by ordinary mail. Correspondence to the buyer shall be delivered to the e-mail address specified in the buyer´s user account or placed order.

    9. These terms and conditions include applicable consumer protection legislation of Czechia and are in compliance with the Directive of the European Parliament and of the Council no 2011/83/EU, on consumer rights, amending Council Directive 93/13/EEC and the Directive of the European Parliament and of the Council no 1999/44/EC and repealing Council Directive 85/577/EEC and Directive of the European Parliament and of the Council no 97/7/EC.

    10. The purchase contract and all rights following from it or related to it are governed by the law of the Czechia, without prejudice to the consumer rights guaranteed by the foreign legislation of the country of the buyer´s usual residence, if it is the destination where the goods may be delivered.

    11. The buyer warrants and represents that it was acquainted with these terms and the complaint procedure before placing the order and accepts them.

    12. MDACI is authorized to sell its goods by a trade certificate. The trade control is performed by a competent Czech or EU Council. Surveillance over personal data protection is performed by the Personal Data Protection Office of Czechia. In a limited scope, and inter alia, the Czech Trade Inspection Authority performs surveillance over compliance with Act no 634/1992 Coll., on consumer protection, as amended.

    13. If any of the provisions hereof is found to be or becomes invalid or ineffective it will be replaced by a valid provision as close as possible to the meaning and purpose of the invalid provision. The invalidity of this provision shall not affect force and effect of the remaining provisions hereof. Amendments of the purchase contract or the terms and conditions require written form.


  These Terms and Conditions are effective since 1st of January 2020.

  

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