Terms of Trade

 

 

 

GENERAL PROVISIONS

 

 1     (i) As all of our products are personalised, all jobs under $500.00 are to be paid for upon order.

 

       (ii) All jobs over $500.00, 50% deposit is required upon order and balance to be paid on pickup or prior to delivery.

 

        (iii) Not withstanding the foregoing, application may be made for an account, subject to the following terms.

 

ACCOUNT HOLDERS

 

The customer, in consideration of Bri-Ter granting to the customer thirty days interest free from the invoice date for payment of goods and services, agrees to the following conditions:

 

2         (i) To pay Bri-Ter within thirty days from the date of each invoice the total amount of each invoice for goods and services without deduction or any offset unless specifically agreed to by Bri-Ter.

 

3         (ii) To pay Bri-Ter after the expiration of the said thirty days, in addition to any outstanding moneys, interest at a rate that is 2% above the annual rate charged by the ANZ Bank from time to time for unsecured overdrafts, on the daily outstanding balance.  Such interest is to be calculated for the expiration of the said thirty days until payment in full is made.

 

(iii) Bri-Ter may at their discretion, if there are amounts owed on any invoice for longer than the said thirty days:

 

·         Cancel this deferred payment arrangement and any discount given as set out in paragraph 1 without any notice to the customer; and/or

·         Treat the outstanding amounts as immediately due and payable and take legal recovery actions without further notice to the customer.  Title in the goods shall not pass until payment is received by Bri-Ter from the customer.  Furthermore, the customer irrevocably authorizes Bri-Ter to enter at any time into any place where the goods are situated and to repossess and resell such goods and to retain the proceeds of sale in part of full payment of outstanding monies.  The customer further agrees to indemnify Bri-Ter for any and all costs incurred in the repossession and sale and any shortfall on sale of the goods repossessed.

 

(iv) In the event of Bri-Ter taking legal action, interest will continue to run as provided for in paragraph 2 hereof until all moneys due including legal costs and any other collection charges are paid in full.

 

(v) That this application and the provision of the goods and/or services is conditional in all respects upon the application making accurate and full and frank disclosure to Bri-Ter of all information sought by them in relation to this application.

 

(vi) That, in the event of the applicant breaching the terms of paragraph 1 hereof, that Bri-Ter may terminate this deferred payment arrangement.

 

(vii) In the event that the customer is a company, trust or partnership, then the customer agrees that its directors and shareholders, other partners or principal beneficiaries under the trust as the case may be will execute a guarantee and indemnity in the attached form.