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PRICES
All prices are subject to change without notice.
SUPPLY International Quadratics Pty Ltd reserves the right to refuse any orders for whatever reason without prejudice to its other rights and remedies even if the goods ordered have been prepaid (subject only to refund of the prepayment less administration charge of 5% of prepayment).
PAYMENT
For customers with approved credit terms payment is due strictly at the last day of the month following delivery of goods. Credit facilities will automatically cease if previous month’s account is not paid in full. Overdue accounts are subject to an interest charge of two percent (2%) per month, calculated on a monthly basis from the month following due date to the month of payment (both inclusive).
RISK & INSURANCE
Risk of damage to or loss of the goods shall pass to the Purchaser at the time of delivery to the carrier or the Purchaser whichever occurs first. If arranging transport International Quadratics Pty Ltd acts as agent for the Purchaser only. Insurance shall be at the cost and responsibility of the Purchaser. Claims for damages, loss, incorrect supply, short deliveries or any other non-conformity to the description will only be recognized if notified by the Purchaser to the Seller within 14 days of dispatch of the goods.
RETURNS
Goods returned for credit will not be accepted without prior approval and the goods returned must be in “as new” condition. Freight must be prepaid or the goods will either not be accepted or the amount of freight will be deducted from the credit total. Goods returned will be subject to a handling charge of 10% of the invoice price.
HANDLING CHARGES
Orders of less than a specified amount (currently $250.00 excluding GST) are subject to a handling charge (currently $10.00 per order). These amounts are subject to change by International Quadratics Pty Ltd at any time without further notification.
TRANSFER OF OWNERSHIP
A) Ownership of and title to any goods delivered by International Quadratics Pty Ltd to the Purchaser shall remain with International Quadratics Pty Ltd until payment in full for the goods and all other outstanding amounts by the Purchaser have been paid in full.
B) Whilst ownership of and title to the goods remains with International Quadratics Pty Ltd the Purchaser agrees to hold any goods delivered to the Purchaser in trust for International Quadratics Pty Ltd and shall store such goods in a manner that they are clearly identified as the property of International Quadratics Pty Ltd.
C) International Quadratics Pty Ltd shall be entitled to take possession of any such goods held in trust by the Purchaser if the Purchaser is in default and for this purpose is hereby authorized to enter any property or premised (if necessary by reasonable force), where it reasonable expects or assumes the goods are held and remove the goods at any time, and the Purchaser hereby appoints International Quadratics Pty Ltd as its agent for the purpose.
D) Notwithstanding the provisions of the previous sub-clauses the Purchaser (being a retailer or trader), may sell the goods to a Third party in the ordinary course of His/her/its business and delivery the goods to that party subject to the following conditions.
1) Where the Purchaser receives payment by the third party such payment shall be held (and is deemed to be held), by the Purchaser in trust for International Quadratics Pty Ltd and the Purchaser shall account to International Quadratics Pty Ltd according to the law of trust for such proceeds; and
2) Where the Purchaser is not paid for the goods so disposed of the Purchaser hereby assigns the debt owing (save for this Provision) to him/her/its to International Quadratics Pty Ltd who shall be entitled to demand payment of and collect the amount payable by the third party and the Purchaser hereby appoints International Quadratics Pty Ltd as its agent for that purpose.
WARRANTY
All goods are sold subject to the warranties provided by the respective manufacturers, International Quadratics Pty Ltd does not accept any claims beyond those warranties but will endeavour to obtain, on behalf of its customers, replacement of repair of faulty items subject to the manufacturer’s warranty conditions. Freight for return of faulty items and replacement items is at the Purchaser’s cost. |
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