CUSTOMER TERMS AND CONDITIONS OF SUPPLY
1. Customers trading on a credit account may be suspended if they are not meeting payment terms.
2. The customer agrees to pay the invoiced value of the goods within the arranged payment terms. Title does not pass until all goods are paid for in full.
3. In the event that customers fail to pay invoices in accordance with the payment terms GIVEN, INTEREST CHARGES WILL APPLY. Should it be necessary to initiate collection activities all incurred expenses (including but not limited to Court costs and any legal fees) shall be paid by the customer.
4. Any other terms and conditions notified to the customer by Blayney Group or any of its subsidiaries (for example tax invoice) apply in addition to the above.
5. Where the customer is a company, the Director(s) agree to provide a PERSONAL GUARANTEE in the following terms
6. Please refer to our company websites for further terms and conditions.
PERSONAL GUARANTEES
In consideration of the company having agreed to our request to supply the Applicant with goods in accordance with its terms and conditions of sale, we, the Directors of the Applicant (the Guarantor') jointly and severally personally guarantee the payment of, and shall immediately pay as if we were a principal debtor regardless of whether or not any demand has been made on the Applicant, all monies due by the Applicant to the company. This guarantee is a continuing guarantee and shall not be discharged in anyway including by any arrangement made by the Applicant of the Applicant's bankruptcy or insolvency and shall not be affected by the company granting time or any other indulgence. Our liability under this guarantee shall not be affected in any way by any claim we may have against the Applicant or the company.
This Guarantee will bind the legal personal representative of my Estate and my successors and shall not be revoked by my death, but may be revoked by the representative of my Estate in writing to the company within seven days from the date of my death, but without removing the obligations on by Estate to pay amounts outstanding at the time of such revocation.
If any of the obligations hereby guaranteed are not at any time enforceable against the Applicant then this Guarantee shall be construed as an indemnity and the Guarantor hereby indemnifies the company in respect of any failure by the Applicant to make any payment or perform or observe any covenant or obligation under the Credit Application herein.
The Guarantor (and if there be more than one, then each Guarantor jointly and severally) hereby charges all his real estate now owned, or acquired in the future, with payment of all monies due to the company hereunder from time to time.
Notwithstanding that it is intended for more than one person to be guarantor hereunder, if less than the total number intended sign this Guarantee, then such fact shall not by itself affect the validity of the Guarantee, or the liability of any person pursuant hereto.
I/WE DECLARE AND AFFIRM THAT THE INFORMATION SUPPLIED BY US, THE APPLICANT, IN THIS APPLICATION IS TRUE AND CORRECT AND ACKNOWLEDGE BLAYNEY GROUP WILL USE THIS INFORMATION FOR THE PURPOSE OF ASSESSING MY/OUR CREDIT APPLICATION.