Information on revocation

The Right of Revocation

It is your right to revoke this contract within a period of fourteen days without giving any reasons. The period of revocation comes to fourteen days counting from the day you or a third party nominated by you who is not the carrier has received the goods. In order to carry out your right of revocation you must inform us (OTC SIEBENHANDL GmbH, Hafenbad 1, 89073 Ulm, info@otc7.de, Tel: 0731 140667 0, Fax: 0731 140667 50) with an unambiguous declaration to revoke this contract (e.g. a letter sent by post, a Fax or an E-Mail). In order to guard the period of revocation it is sufficient to send to us the declaration of carrying out the right of revocation before the period of revocation has ended.

The Consequences of Revocation

If you revoke this contract, we have to pay back immediately, the latest within fourteen days counting from the day we received your letter about the revocation of this contract, all payments we have received from you including the delivery costs (an exception being the additional costs resulting from you choosing another type of delivery than the reasonable standard delivery offered by us). We will use the same type of payment for the repayment that you used for the original transaction, an exception being that we explicitly agreed on something else; in no case you will have to pay a remuneration for this repayment. We may reject the repayment until we have received back the goods or until you presented a proof that you have sent back the goods, depending on which comes first. You have to send back the goods immediately and in any case the latest within fourteen days counting from the day on which you informed us about the revocation of this contract. The period of revocation is guarded if you send back the goods before the period of fourteen days has ended. We will carry the costs for sending back the goods. You only have to bear the costs for a possible decline in value of the goods if this decline in value was caused by a treatment not necessary for checking the nature, characteristics and functionality of the goods.

Sample Formulation for a Revocation

To the OTC SIEBENHANDL GmbH, Hafenbad 1, 89073 Ulm, info@otc7.de, Tel: 0731 140667 0, Fax: 0731 140667 50.

With this letter I/we (*) withdraw the contract concluded by me/us (*) to buy the following goods (*)/to receive the following service (*), ordered on the (*)/received on the (*)

Name of the client(s) – address(es) of the client(s) – signature(s) of the client(s) (only if information is written on paper) – date (*).

© 2015 OTC SIEBENHANDL GmbH