Purchase Terms

1.1 - These Terms and Conditions ("Terms") govern all contracts for the sale and purchase of goods ("Goods") by The Diamond District LTD to any purchaser acting in the course of business ("Buyer").

1.2 - By placing an order with the Supplier, the Buyer acknowledges and agrees that it is acting in a business capacity and not as a consumer.

2.1 - All orders submitted by the Buyer are subject to acceptance by the Supplier.

2.2 - A legally binding contract ("Contract") shall only be formed upon the Supplier's written acceptance of the Buyer's order.

2.3 - The Supplier reserves the right to reject any order at its sole discretion.

3.1 - Goods shall be supplied in accordance with the specifications agreed in writing by the parties ("Specification").

3.2 - The Supplier makes no representation or warranty that Goods will be identical to illustrative images or minor natural variations in materials, including gemstones, shall not constitute a defect.

4.1 - All prices are quoted in GBP (£) unless otherwise stated and exclude any applicable VAT or taxes.

4.2 - Payment for all Goods shall be due in full prior to dispatch. The Supplier does not offer credit terms.

4.3 - Payment shall be made via bank transfer, wire, or other method expressly agreed by the Supplier.

4.4 - Title in the Goods shall not pass to the Buyer until full payment has been received by the Supplier.

5.1 - The Supplier shall deliver the Goods to the delivery address specified by the Buyer.

5.2 - Risk in the Goods shall pass to the Buyer upon dispatch. The Buyer shall be responsible for insuring the Goods against all risks during transit.

5.3 - Delivery dates are estimates only and the Supplier shall not be liable for any delay in delivery.

5.4 - The Buyer shall inspect the Goods immediately upon receipt and notify the Supplier in writing of any discrepancies or defects within 7 calendar days.

6.1 - All sales of Goods are final. The Supplier shall not accept cancellations, returns, or exchanges, except where Goods are materially defective or do not conform to the Specification.

6.2 - Custom, bespoke, or special-order Goods are non-returnable under any circumstances unless a defect is demonstrably proven.

6.3 - Any claim for defective or non-conforming Goods must be submitted in writing within 7 calendar days of delivery.

6.4 - The Supplier shall have the sole discretion to determine whether a claim is valid and, if so, may, at its option, replace the Goods, repair them, or issue a refund equivalent to the purchase price of the affected Goods.

7.1 - The Buyer warrants that all Goods purchased from the Supplier shall be used in full compliance with all applicable laws, regulations, and industry standards, including without limitation:

7.2 - The Buyer represents and warrants that it shall maintain adequate policies and procedures to ensure compliance with the above, including AML and supply chain due diligence.

8.1 - The Supplier's total liability in respect of any claim, whether in contract, tort, negligence, or otherwise, shall not exceed the purchase price paid by the Buyer for the Goods giving rise to the claim.

8.2 - The Supplier shall not be liable for any indirect, consequential, or special losses, including loss of profits or business interruption.

8.3 - Nothing in these Terms shall exclude or limit liability for:

9.1 - The Supplier shall not be liable for any failure or delay in performing its obligations caused by circumstances beyond its reasonable control, including but not limited to natural disasters, acts of government, transport disruption, strikes, or supply chain interruptions.

9.2 - The Supplier may, at its discretion, suspend or terminate the Contract in whole or in part during the continuance of such events.

10.1 - Both parties shall keep confidential any commercial or technical information disclosed in connection with the Contract.

10.2 - Confidential information shall only be used for the purposes of fulfilling the Contract.

10.3 - This obligation shall survive the termination of the Contract.

11.1 - The Supplier may terminate the Contract immediately if the Buyer materially breaches these Terms and fails to remedy the breach within 30 days of written notice.

11.2 - The Supplier may terminate the Contract if the Buyer becomes insolvent, bankrupt, or otherwise unable to meet payment obligations.

11.3 - On termination, all outstanding sums owed by the Buyer shall become immediately due and payable.

12.1 - These Terms and any Contract shall be governed by and construed in accordance with the laws of England and Wales.

12.2 - The parties submit to the exclusive jurisdiction of the courts of England and Wales in relation to any dispute arising under these Terms or any Contract.

13.1 - The Supplier may amend these Terms at any time.

13.2 - Any material amendments will be notified in writing to the Buyer at least 30 days prior to taking effect.

13.3 - Continued ordering after the effective date of amended Terms constitutes acceptance of such amendments.