Effective Date: October 20, 2025
These PO Advance Service Terms and Conditions (“Advance Terms”) apply specifically when GreatLight, at its sole discretion, agrees to begin work on a purchase order (“PO”) prior to receipt of the standard 50% deposit from the Buyer.
1. Service Description. The “PO Advance Service” allows for the initiation of production, procurement of materials, or commitment of manufacturing capacity upon PO acceptance, before the deposit is received.
2. Eligibility. This service is offered selectively based on creditworthiness, order history, and order value. GreatLight may withdraw the offer at any time before production commences.
3. Payment Deadline. If this service is granted, the Buyer must submit the 50% deposit within the timeframe specified in the PO acceptance notice (e.g., 3 business days). Failure to do so will result in immediate order cancellation.
4. Liens & Title. For orders under the PO Advance Service, GreatLight retains a lien on all finished goods, work-in-progress, and raw materials purchased for the order until full payment is received. Title does not pass to the Buyer until full payment is secured.
5. Cancellation by Buyer. If the Buyer cancels an order after GreatLight has commenced work under these Advance Terms, the Buyer is liable for all costs incurred by GreatLight up to the point of cancellation.
Contact: For questions about this service, please contact your GreatLight account manager or info@glcncmachining.com.
