Terms & Conditions
Terms & Conditions for Wholesale Supply of Goods
Key Terms
This Agreement
is between the supplier (referred to as we, our or us) and the customer
(referred to as you or your) and consists of these Key Terms and the General
Conditions.
Payment terms 30
days End of month
Period for
returning obviously defective goods 21 days
Jurisdiction and
governing law
General
Conditions
1.
Effect of
this Agreement
The Agreement
applies in relation to any goods we sell you even if it is not signed and it
overrides any inconsistent terms or conditions in any purchase orders or other
documents you use (unless we specifically sign a document agreeing otherwise).
2.
Quotations
Prices and other
details in any quotation, pro forma invoice or other document that we provide
are only valid for 15 days or such other limited time period as stated in the
document.
3.
Orders
You acknowledge
that once you place an order with us, we may order or arrange manufacture of
goods especially for you and we may not permit you to vary or cancel the order
unless you compensate us for the losses we incur or we otherwise consent.
4.
Price and
price increases
We will notify
you of the price for the goods when you place your order. We may increase the
price if there is an increase in our costs between the date of an order and the
date the goods are ready for delivery. If this occurs, you may cancel the order
but we will not be liable for any losses you incur in connection with the
cancellation.
5.
Delivery
We will use
reasonable endeavours to deliver the goods to the delivery point and on the
date requested in your order. However, we will not be liable for any losses you
suffer as a result of a delay or failure to deliver the goods.
6. Risk in the goods
Risk in the
goods will pass to you when you take possession of them.
7. Return of obviously defective goods
You must inspect
the goods on delivery and may return them as defective if they:
• are not of
acceptable quality, or
• do not conform
to an agreed specification.
The period for
returning obviously defective goods is set out in the Key Terms. If you fail to
return the goods (or notify us of any shortfall in the quantity delivered)
within this period, you must pay for them in full despite any shortfall or
defects (other than non-obvious or latent defects that you could not be
reasonably expected to have identified within the time period).
We will cover
the charges for returning the goods if we accept that they are defective.
8.
Payment
terms
You must pay us
for the goods on the payment terms in the Key Terms. However, if we consider
(in our absolute discretion) that your creditworthiness is unsatisfactory or
the amount would exceed our credit limit, we may require you to pay for the
goods on or before delivery.
9.
Title and
our security interest
Although you
will assume the risk in the goods when you take possession, until you pay for
them:
• we will retain
ownership and title;
• you hold them
on our behalf as fiduciary Bailee; and
• if we request,
you must return them or permit us to retake possession of them and we will not
be any liable for any loss you suffer as a result.
However, you may
dispose of the goods in the ordinary course of business on the basis that you
will be taken to hold the proceeds of sale or trade on trust for us until you
pay for them.
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