Contract 7 Day Deadline

[grenadierboy]

I already received my contract.

As many know, INEOS asks that I sign it and return wiithin 7 days.

Has anyone gone through the process of NOT responding to INEOS with a signed contract within 7 days?

Were you able to get INEOS to agree an extension in signing time?

Is there a risk that INEOS will push back your delivery or, even cancel your order?

 

[AnD3rew]

I already received my contract.

As many know, INEOS asks that I sign it and return wiithin 7 days.

Has anyone gone through the process of NOT responding to INEOS with a signed contract within 7 days?

Were you able to get INEOS to agree an extension in signing time?

Is there a risk that INEOS will push back your delivery or, even cancel your order?

I haven’t heard of anyone deliberately doing it, but many have had issues with either Docusign or inaccuracies in the contracts and they have reissued. I presume they would do that for you.

 

[Davman]

I read in the body of the email that it was 7 days, however inside the contact the date it said to sign it by was in 14 days.

 

[grenadierboy]

I read in the body of the email that it was 7 days, however inside the contact the date it said to sign it by was in 14 days.

I read the contract and didn't see it mentioned.

What section number?

 

[grenadierboy]

The reason I may need more time to sign is that I am arranging purchase via a novated lease.

The lease company's database that they use to cost up the lease arrangements does not contain that INEOS Grenadier and this is causing some internal hold-ups.

 

[Halliwell Jones Chester]

You now have 14 days to sign the contract.

UK anyway.

 

[Solmanic]

I’ve had multiple contracts expire. First time it lapsed while I queried a few points. Then after I’d already electronically signed one I got three more, and I let them all expire. My proposed delivery date didn’t change and Ineos just kept re-sending them.

 

[Solmanic]

The reason I may need more time to sign is that I am arranging purchase via a novated lease.

The lease company's database that they use to cost up the lease arrangements does not contain that INEOS Grenadier and this is causing some internal hold-ups.

Why not just check the “subject to finance” box?

 

[grenadierboy]

Why not just check the “subject to finance” box?

Good point.

I am leaving it to the CFO to handle.

I am a little nervous about the final annual leasing costs, compared to the estimates I received 4 months ago because of rising interest rates.