Terms & Conditions

Conditions of Sale:

1. The purchaser is to hold the goods as the supplier’s fiduciary agent and bailee.
 
2. Insofar as the purchaser is empowered to resell the goods, he resells as principal in relation to any sub purchaser, and has no right to commit the supplier to any contractual relationship or liability to any third party. As between the supplier and the purchaser, the purchaser is to sell as fiduciary agent.

3. Any resale by the purchaser is to be on commercially reasonable terms.

4. The purchaser is to keep the goods separate from his own and those of third parties, properly stored, protected and insured.

5. The purchaser is to keep all proceeds separate from his own and those of third parties, and is to keep all tangible proceeds properly stored, protected and insured.

6. The supplier is to have power to appropriate payments to such goods and accounts as the supplier thinks fit, notwithstanding any purported appropriation by the purchaser to the contrary.

7. Ownership of the goods which are the subject of this supply contract is to remain with the supplier until such time as the goods the subject of this supply contract, and all other goods supplied by the supplier to the purchaser, and all debts owing to the supplier are paid for in full. However, risk shall pass to the purchaser on the delivery of goods.

8. Until moneys due for all goods supplied, or any other services, are paid for in full, the supplier authorises the purchaser to sell goods on, but as fiduciary agent for the supplier. The purchaser shall however, not represent to any third parties that he is in any way acting for the supplier, and the supplier will not be bound by any contracts with third parties to which the purchaser is party.

9. The supplier has the right of resale of the goods in the event that he retakes possession of them.

10. The supplier has the right to void the contract created when orders were accepted. The supplier has the right to cancel orders and refund customers' money for any pricing errors.