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Teldor's Product Warranty

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Warranty Applicable to Products Sold by Teldor Cables & Systems Ltd., Israel Corporation Registration Number 513898387 (“Teldor"). 

This Warranty shall apply solely to and in favor of the party (the "Buyer") that bought the relevant products (the "Products") directly from Teldor. The Buyer shall be responsible to its customers for all warranties that it makes. 

  1. Teldor warrants that each component of the Products, under normal use, shall substantially meet in all material respects the specifications of Teldor for such products as reflected in the respective Teldor Data Specifications Sheet, for the following periods of time, from the time of delivery of the relevant Products by Teldor to the Buyer, or to the specific party specified by the Buyer and approved in advance by Teldor (the “Warranty Period”):

        A Warranty Period of one (1) year shall apply to all Products.

 

  1. Teldor warrants further that at the time of delivery the Products shall be adequately contained, packed and labeled and conform in all material respects to statements made by Teldor on any container packaging or label. 

  1. This Warranty does not cover and under no circumstances shall Teldor be liable for any defects or damages resulting in whole or in part from misuse, abuse, negligence, accidents, unauthorized modifications, improper installation, inappropriate environment, natural disasters, or any other circumstances beyond the control of Teldor. 

  1. During the Warranty Period, Teldor shall, at Teldor’s discretion, either repair, replace or give credit for the purchase price of, any defective Products found to fail to comply with this Warranty and returned by the Buyer to Teldor. The extent of Teldor’s liability shall not exceed an amount equal to  the purchase price received by Teldor for the relevant Product. Teldor shall acquire the ownership of all the Products that have been replaced or given credited for. The warranty period for any replacement or repaired Product will be the then remaining portion of the original Warranty Period, if any. 

  1. The Buyer shall give Teldor before the end of the Warranty Period, prompt, written notice of any claim to which the Buyer seeks indemnity, and shall give sole control of the defense and settlement of such claim to Teldor, and all reasonable assistance to defend such claim. The Buyer shall not agree to make any admissions or settle the claim without Teldor’s written consent, provided that such consent is not unreasonably withheld, conditioned or delayed. 

  1. This Warranty is the sole warranty in respect to the Products and constitutes the entire warranty and liability of Teldor with respect to the Products. 

  1. Other than to the extent otherwise prescribed by the mandatory provisions of applicable law, in no event shall Teldor be liable under any legal theory, whether contract, tort or otherwise, for any special, incidental, indirect or consequential damages, including without limitation for any lost profits, lost business opportunities, business interruption, lost revenues, lost data, damages arising out of the inability to utilize Products for any purpose whatsoever, or damage to business or reputation. Teldor expressly excludes liability for all costs associated with the installation of the replacement items, the removal of the items being removed, and the repair of defective items other than at Teldor’s premises. 

  1. This Warranty will be exclusively governed by and construed under the laws of the State of Israel. All disputes in connection with this Warranty will be exclusively and finally settled by arbitration, before one arbitrator, under an in accordance with The Israeli Institute of Commercial Arbitration (IICA). The arbitration shall take place in the city of Tel Aviv, Israel. The parties shall use their best efforts to agree upon the appointment of the arbitrator. In the event the parties fail to reach such agreement, and do not nominate the agreed arbitrator within 15 days from receipt of request of either party, then the arbitrator will be nominated by the IICA at the request of either party. The arbitration shall be conducted in the English language. 

The full description of the terms, conditions, and limitations of the Teldor warranty are agreed on a case-by-case basis.