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TERMS AND CONDITIONS OF SALE


Revision 0
Effective Date: August 9, 2026

These Terms and Conditions of Sale ("Terms") apply to quotations, orders, and sales of goods and related services by Fixed & Rotor Aircraft Support LLC ("FAR" or "Seller") to its customers ("Buyer").


1. APPLICABILITY AND ACCEPTANCE OF TERMS

All quotations and sales by FAR are expressly subject to these Terms unless otherwise specifically agreed in writing by FAR.

These Terms are incorporated by reference into FAR quotations, invoices, proforma invoices, order acknowledgments, and other transaction documents that reference them.

By submitting a purchase order in response to a FAR quotation, making payment, accepting delivery, or otherwise proceeding with a transaction after receiving notice of these Terms, Buyer acknowledges and agrees to these Terms.


2. BUYER'S PURCHASE ORDER AND CONFLICTING TERMS

FAR expressly rejects any additional, different, or conflicting terms contained in Buyer's purchase order, procurement portal, acknowledgment, correspondence, standard terms and conditions, or other documentation.

Such terms shall not modify or supplement the transaction unless specifically accepted in writing by an authorized representative of FAR.

FAR's receipt, acknowledgment, or processing of a purchase order; issuance of an invoice or proforma invoice; receipt of payment; procurement of goods; shipment; or other performance shall not constitute acceptance of any additional, different, or conflicting Buyer terms.


3. QUOTATIONS

Unless otherwise stated, quotations are valid for seventy-two (72) hours from issuance and are subject to prior sale.

Pricing, availability, lead time, condition, certification, documentation, and other quoted information are based upon information reasonably available to FAR at the time of quotation.

Inventory is not reserved until required payment has been received and confirmed unless otherwise expressly agreed in writing.

FAR may revise or withdraw a quotation prior to order acceptance if availability, supplier pricing, customer requirements, or other material circumstances change.


4. ORDER ACCEPTANCE

Submission of a purchase order constitutes Buyer's acceptance of FAR's quotation and these Terms but does not, by itself, constitute FAR's acceptance of the order.

Unless otherwise expressly agreed in writing, FAR accepts an order upon issuance of an invoice, proforma invoice, written order acknowledgment, or other written confirmation indicating FAR's acceptance of the order.

Order acceptance and fulfillment remain subject to product availability, supplier acceptance, successful completion of applicable export compliance review, receipt of required payment, and satisfaction of other transaction-specific requirements.

If an accepted order cannot be fulfilled because the product becomes unavailable, a supplier is unable or unwilling to fulfill the requirement, required documentation cannot be obtained, the transaction cannot lawfully proceed, or another material condition cannot be satisfied, FAR may cancel the affected order and refund applicable amounts paid.

Unless otherwise agreed in writing, once required payment has been received and confirmed, the order becomes final and may not be canceled by Buyer except with FAR's written consent.


5. PAYMENT

Unless otherwise expressly agreed in writing, invoices are payable in full prior to shipment.

FAR may withhold procurement, processing, release, or shipment until required payment has been received and confirmed.

Any extension of credit or payment terms by FAR in one transaction does not require FAR to extend similar terms in another transaction.


6. PRODUCT CONDITION AND DOCUMENTATION

Goods shall be supplied in the condition and with the certification, traceability, warranty, and documentation expressly stated in FAR's quotation, invoice, or other applicable transaction documentation.

No condition, certification, warranty, traceability, documentation, configuration, modification status, or other product characteristic is represented or included unless expressly stated by FAR.

Where supporting certification or release documentation is provided, representations made within such documentation remain those of the issuing manufacturer, repair facility, or other authorized organization.


7. BUYER REVIEW AND PRODUCT APPLICABILITY

Buyer is responsible for reviewing all transaction information before placing an order, including, as applicable, part number, description, quantity, condition, manufacturer, certification, certification date, traceability, release documentation, warranty, configuration, modification status, voltage, software or programming status, aircraft effectivity, and other characteristics material to Buyer's intended use.

Buyer is responsible for determining whether the goods satisfy Buyer's aircraft, operational, regulatory, contractual, quality-system, installation, and airworthiness requirements.

FAR may assist Buyer in researching applicability, interchangeability, configuration, or other technical information. Unless expressly agreed otherwise in writing, such assistance does not constitute engineering approval, installation approval, maintenance approval, or an independent airworthiness determination by FAR.


8. CUSTOMER-SPECIFIC REQUIREMENTS

Buyer shall identify before order placement any configuration, modification status, software, programming, voltage, certification, traceability, shelf-life, certification-date, aircraft-effectivity, or other requirement material to Buyer's intended use that is not expressly stated in FAR's quotation.

FAR is responsible only for transaction-specific requirements expressly accepted by FAR.


9. CERTIFICATION AND THIRD-PARTY DOCUMENTATION

Only certifications, approvals, release documents, dates, traceability, and other representations expressly identified in the quotation, invoice, or accompanying transaction documentation are included in the sale.

Documentation may originate from manufacturers, repair stations, distributors, operators, suppliers, or other third parties.

FAR does not independently issue or create third-party airworthiness approvals and does not represent itself as the issuer of FAA Form 8130-3, EASA Form 1, manufacturer Certificates of Conformance, or similar third-party documentation unless expressly applicable.


10. AVAILABILITY AND LEAD TIME

All inventory is subject to prior sale unless otherwise expressly stated.

Quoted lead times are estimates based upon information available to FAR, including information supplied by manufacturers, suppliers, repair facilities, carriers, and other third parties.

Lead times are not guaranteed unless expressly guaranteed by FAR in writing.


11. CANCELLATION

Orders for which required payment has been received and confirmed may not be canceled by Buyer without FAR's prior written consent.

Approved cancellations may be subject to a restocking and administrative fee of up to twenty percent (20%) of the order value, plus non-recoverable costs incurred by FAR, including supplier cancellation charges, inspection or testing charges, recertification expenses, freight, and other transaction-specific costs.

Certain goods may be designated noncancelable/nonreturnable ("NCNR").


12. EXCHANGE TRANSACTIONS

Unless otherwise expressly agreed, exchange transactions require payment of the Outright Price at purchase.

A core refund representing the applicable difference between the Outright and Exchange Price will be issued following timely receipt and acceptance of an eligible core by FAR or the designated supplier.

Unless otherwise stated, the core must be returned within thirty (30) days following delivery of the exchange unit and must be complete, repairable, appropriately documented, and accompanied by acceptable traceability.

Late, damaged, incomplete, beyond-economical-repair ("BER"), or inadequately documented cores may result in reduction or forfeiture of the applicable core refund.

Where disclosed as part of the transaction, late cores may be subject to a charge of up to one percent (1%) of the applicable core value per day.

Transaction-specific exchange or supplier requirements communicated by FAR shall control where they differ from these general provisions.


13. WARRANTY

Goods are provided with only the warranty, if any, expressly identified by FAR in the applicable transaction documentation.

Where FAR expressly identifies a manufacturer, repair facility, supplier, or other third-party warranty, such warranty is provided on a pass-through basis only and remains subject to the warranty provider's applicable terms, limitations, eligibility requirements, exclusions, and procedures.

No manufacturer, supplier, repair-facility, or other third-party warranty shall be deemed included solely by reason of the product's condition, manufacturer, certification, or documentation.

Certain products or transactions may be supplied without manufacturer or third-party warranty coverage. Where FAR expressly identifies a transaction as "No Warranty" or "No Manufacturer Warranty," Buyer acknowledges that such warranty coverage is not included in the sale.

FAR does not independently extend, enlarge, or create a third-party warranty unless expressly agreed in writing.


14. INSPECTION AND ACCEPTANCE OF GOODS

Buyer shall inspect the goods and accompanying documentation promptly upon receipt.

Visible shipping discrepancies, incorrect goods, missing documentation, shipping damage, and dead-on-arrival conditions should be reported to FAR within ten (10) days following receipt.

Installation, alteration, disassembly, use, or incorporation of goods into an aircraft, component, or other system constitutes acceptance of the goods, except with respect to a valid warranty claim or latent condition that could not reasonably have been identified beforehand.


15. RETURNS AND RETURN AUTHORIZATION

Goods may not be returned without prior authorization from FAR.

Buyer shall contact FAR to request return authorization and provide information reasonably necessary to evaluate the request.

Return eligibility may depend upon the reason for return, product condition, elapsed time, supplier return eligibility, certification and documentation, packaging, installation or use, alteration or disassembly, warranty status, and other circumstances of the transaction.

Issuance of a return authorization or physical receipt of returned goods does not constitute FAR's acceptance of Buyer's claim or agreement to issue a refund or credit.


16. RETURNED GOODS AND DOCUMENTATION

Unless otherwise authorized, returned goods must include the certification, traceability, accessories, components, packaging, and other documentation originally supplied with the goods.

Goods materially altered, disassembled, tampered with, damaged, or returned without required documentation may be denied return, subject to deductions or charges, or may have applicable warranty rights affected.

Nothing in these Terms limits rights that cannot lawfully be waived.


17. NO FAULT FOUND AND TESTING

If goods returned as defective are evaluated and no fault is found, Buyer may be responsible for reasonable testing, inspection, recertification, administrative, and transportation charges imposed by FAR or the applicable supplier, manufacturer, or repair facility.


18. SHIPPING TERMS

Unless otherwise expressly agreed in writing, shipments are FCA Origin (Incoterms® 2020) at the named place identified in the applicable transaction documentation.

FAR may agree to EXW or another shipping term where appropriate.

Buyer is responsible for freight, transportation insurance, customs clearance, duties, taxes, brokerage charges, and related transportation or import expenses except where otherwise expressly agreed.

Risk of loss transfers in accordance with the agreed shipping term.


19. BUYER SHIPPING ACCOUNTS AND INSTRUCTIONS

FAR may agree to use Buyer's carrier account, freight forwarder, shipping label, airway bill, or other transportation arrangement.

Buyer is responsible for providing accurate shipping information.

FAR may refuse, suspend, or request correction of shipping instructions that are incomplete, inaccurate, inconsistent with known transaction information, or inconsistent with applicable law or regulation.

Use of Buyer-provided transportation documentation does not require FAR to accept inaccurate export, customs, value, destination, consignee, or product information.


20. DUTIES, TAXES, AND IMPORT REQUIREMENTS

Unless FAR expressly agrees otherwise in writing, Buyer is responsible for destination-country customs clearance, import permits, duties, taxes, brokerage charges, and other import-related requirements and expenses.

Buyer is responsible for determining and satisfying requirements applicable to its lawful importation or receipt of the goods.


21. EXPORT COMPLIANCE

All transactions are subject to applicable United States export-control and sanctions laws and regulations, including the Export Administration Regulations ("EAR") and, where applicable, the International Traffic in Arms Regulations ("ITAR").

Certain transactions may require additional compliance review before procurement, order fulfillment, or shipment.

Buyer agrees to provide information and documentation reasonably requested by FAR to conduct such review, which may include an Export Pre-Screen Questionnaire ("EPSQ"), Export End User Statement ("EUS"), BIS-711, or other supporting information or certifications.

FAR may refuse, suspend, delay, place on hold, or cancel any transaction where required information cannot be obtained, a prohibited or restricted-party concern exists, destination, end-user, or end-use concerns arise, required authorization cannot be obtained, transaction information materially changes, a diversion concern exists, or FAR otherwise determines that the transaction cannot lawfully proceed.

Payment or commercial urgency does not override applicable export-compliance requirements.


22. END USE, TRANSFER, DIVERSION, AND RE-EXPORT

Buyer shall not use, export, re-export, transfer, resell, divert, or otherwise dispose of goods supplied by FAR in violation of applicable United States export-control or sanctions laws.

Buyer shall promptly notify FAR of any material change involving the purchaser, intermediate consignee, ultimate consignee, ultimate end user, destination country, freight forwarder, shipping instructions, or intended end use.

Where required by applicable law or regulation, appropriate destination-control statements will be included on transaction or shipping documentation.


23. HAZARDOUS MATERIALS

Certain aviation products, including batteries and other regulated articles, may be classified as hazardous materials for transportation.

Such shipments may require specialized packaging, documentation, carrier service, or additional charges.

Buyer is responsible for applicable additional transportation charges unless otherwise expressly agreed.


24. EVENTS BEYOND FAR'S REASONABLE CONTROL

FAR shall not be liable for delay or failure in performance caused by circumstances beyond FAR's reasonable control, including natural disasters, war, terrorism, civil disturbance, governmental action, export or import restrictions, carrier disruption, supplier failure or delay, labor disruption, transportation interruption, shortages, fire, flood, epidemic, pandemic, or comparable circumstances.

FAR shall make reasonable commercial efforts to address affected transactions.


25. LIMITATION OF LIABILITY

To the maximum extent permitted by applicable law, FAR's aggregate liability arising from or relating to a particular product or transaction shall not exceed the amount paid to FAR for the product giving rise to the claim.

To the maximum extent permitted by applicable law, FAR shall not be liable for consequential, incidental, indirect, exemplary, punitive, or special damages, including aircraft downtime, loss of use, lost revenue, lost profits, substitute equipment costs, or loss of business opportunity, regardless of whether FAR was advised of the possibility of such damages.


26. THIRD-PARTY INFORMATION

FAR may rely upon information supplied by manufacturers, repair facilities, suppliers, carriers, customers, government databases, and other third parties.

FAR shall not knowingly communicate information it knows to be materially false.

Unless FAR expressly assumes responsibility in writing, FAR does not independently warrant the accuracy of third-party technical records, certifications, inventory representations, lead-time estimates, or other third-party information.


27. NO WAIVER

FAR's failure or delay in exercising any contractual right does not constitute a waiver of that right.

A waiver applicable to one transaction or circumstance does not constitute a continuing waiver unless expressly stated in writing.


28. MODIFICATION

These Terms may not be modified for a particular transaction except by written agreement or written communication expressly accepting the modification by an authorized representative of FAR.

Buyer's purchase order, procurement-portal terms, standard terms, or other unilateral documentation does not modify these Terms merely because FAR receives or processes such documentation.


29. SEVERABILITY

If any provision of these Terms is determined to be invalid or unenforceable, the remaining provisions shall remain effective to the maximum extent permitted by applicable law.


30. ENTIRE AGREEMENT AND ORDER OF PRECEDENCE

FAR's quotation, these Terms, FAR's applicable invoice, proforma invoice or order acknowledgment, and any transaction-specific written agreement expressly accepted by FAR constitute the agreement between FAR and Buyer concerning the applicable transaction.

Where FAR expressly agrees in writing to a transaction-specific term inconsistent with these Terms, that expressly agreed transaction-specific term controls solely to the extent of the inconsistency.

Buyer's standard, boilerplate, or preprinted terms do not take precedence unless specifically accepted in writing by an authorized representative of FAR.


31. ELECTRONIC TRANSACTIONS

FAR and Buyer may conduct transactions electronically, including through email, electronic quotations, invoices, purchase orders, payment systems, procurement portals, and other electronic records.

Electronic records may be used to evidence the parties' transaction and agreement.


32. APPLICABLE VERSION OF TERMS

The version of these Terms in effect on the date of FAR's applicable quotation shall govern any resulting transaction unless otherwise expressly agreed in writing.

FAR may revise these Terms prospectively. Revision of these Terms shall not retroactively modify an existing transaction governed by an earlier version.

FAR may retain archived versions of these Terms for historical and transaction-record purposes.

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