Terms of Service

Any incoming purchase order, programmatic intake allocation sweep, or Form AX-01 submission received by SheridanIndustrialGlobal represents an indicative commercial invitation to treat. It is not an offer capable of acceptance and does not form a contract.

Purchase Orders are non-binding placeholders. They do not command active delivery execution or create balance sheet liability for Axion Tech Labs Ltd until they have been manually verified and matched against the applicable framework underwriting matrices, and a written Sales and Purchase Agreement or Purchase Order Confirmation has been signed by both parties.

Processing channels remain fluid and may be routed, at the Company’s sole operational discretion, through Letter of Credit (L/C) structures under UCP 600, tripartite bank-regulated escrow, or alternative institutional factoring marketplaces.

Transaction invoicing is structured through trade-credit insured, non-recourse factoring. Upon verified shipment, collection risk and bad-debt exposure on the assigned receivable are transferred to the relevant credit underwriter or funder, subject to the terms and limits of the applicable policy or facility.

This structure is designed so that buyer credit risk on assigned receivables is not retained on the balance sheet of Axion Tech Labs Ltd. Release of any allocation is conditional on a credit limit being granted by the applicable insurer; where cover is declined or withdrawn, the Company may require alternative security or decline the transaction.

All batches must pass independent pass/fail factory-floor inspection performed by SGS S.A. or an equivalent internationally recognised laboratory agreed in the governing contract.

The resulting pass certificate is final, binding and conclusive evidence of quality and quantity compliance at the point of origin, save for fraud or manifest error. Issuance of the pass certificate triggers release of the multi-currency split settlement in accordance with the governing contract.

Neither party shall be liable to the other for indirect or consequential loss, loss of profit, or loss of opportunity. These exclusions apply mutually.

To the maximum extent permitted by Irish law, the aggregate liability of Axion Tech Labs Ltd under or in connection with any transaction is capped at the net margin captured on that transaction, which falls within a 14% to 22% band of contract value. Nothing in these terms limits liability for fraud, death or personal injury caused by negligence, or any liability that cannot lawfully be limited.

Figures, feeds and telemetry displayed on this website are indicative. The Company accepts no liability for algorithmic display variance, caching, or synchronisation delays between published data and live commercial terms.

These terms and any non-contractual obligations arising from them are governed by the laws of Ireland. The United Nations Convention on Contracts for the International Sale of Goods (CISG) is expressly excluded.

Any commercial dispute shall be finally resolved by neutral international arbitration administered by the Singapore International Arbitration Centre (SIAC) or the London Court of International Arbitration (LCIA), as specified in the governing contract. Awards are enforceable under the 1958 New York Convention.