Terms and Conditions of Sale

1. Definitions and Acceptance

By accessing our procurement portal or placing an order, you agree to these Terms. "Client" refers to any individual or entity purchasing hardware from Cobra Connect Distribution.

2. Quotations and Pricing

• Validity: Due to global IT component currency volatility, quotations are valid for 24 hours only unless otherwise stated in writing.
• Errors: We reserve the right to correct pricing errors even after a quotation is issued, but prior to order confirmation.
• VAT: All prices on our public portal are shown exclusive of 15% South African VAT unless explicitly marked.

3. Payment Terms

• Standard Orders: Payment is strictly COD (Cash on Delivery) or prior to dispatch via EFT/Credit Card.
• Trade Accounts: Business clients with approved credit facilities may operate on "Net 30" terms from the date of invoice.
• Late Payment: Interest at 2% above the prime lending rate will be charged on all overdue amounts.

4. Delivery and Risk

Delivery dates are estimates. Risk in the goods passes to the Client upon delivery or collection. We utilize third-party logistics; while we assist in claims, we are not liable for delays caused by the courier.

5. Retention of Title

Ownership of all hardware remains the property of Cobra Connect Distribution until the full invoice amount (including VAT and shipping) has been cleared in our bank account.