Sydenhams Group Account Application

To verify your proof of address, we require a copy of one of the following documents:

• Utility bill (gas, electric, satellite television, landline phone bill) issued within the last three months

• Local authority council tax bill for the current council tax year

• Bank, Building Society or Credit Union statement or passbook dated within the last three months

• Original mortgage statement from a recognised lender issued for the last full year

• Solicitors letter within the last three months confirming recent house purchase or land registry confirmation of address

• Council or housing association rent card or tenancy agreement for the current year

• HMRC self-assessment letters or tax demand dated within the current financial year

In consideration of the Sydenhams Group’s agreement to supply goods on credit to the applicant entity, I irrevocably and unconditionally undertake to guarantee all monies, debts and liabilities of any nature from time to time due, owing or incurred by the applicant entity to the Sydenhams Group (the “Guaranteed Obligations”). This shall include all and any costs of enforcing this guarantee.

I guarantee to the Sydenhams Group, whenever the applicant entity does not pay any of the Guaranteed Obligations when due, to pay on demand the Guaranteed Obligations.

I, as principal obligor and as a separate and independent obligation and liability from the obligations set out above, agree to indemnify the Sydenhams Group and keep the Sydenhams Group indemnified in full and on demand from and against all and any losses, costs, claims, liabilities, damages, demands, and expenses suffered or incurred by the Sydenhams Group arising out of, or in connection with, the Guaranteed Obligations not being recoverable for any reason or any failure of the applicant entity to perform or discharge any of its obligations or liabilities in respect of the Guaranteed Obligations.

This guarantee is and shall at all times be a continuing security and shall cover the ultimate balance from time to time owing to the Sydenhams Group by the applicant entity in respect of the Guaranteed Obligations.

The Sydenhams Group shall not be obliged, before taking steps to enforce any of its rights and remedies under this guarantee, to take any action against the applicant entity or any other person.

This guarantee is in addition to and shall not affect nor be affected by or merge with any other judgement, security, right or remedy obtained or held by the Sydenhams Group from time to time for the discharge and performance of the applicant entity of the Guaranteed Obligations.

I shall pay interest to the Sydenhams Group after as well as before judgement at the annual rate which is 4% above the base rate of The Bank of England on all sums demanded under this guarantee from the date of demand by the Sydenhams Group or, if earlier, the date on which the relevant damages, losses, costs or expenses arose in respect of which the demand has been made, until, but excluding, the date of actual payment.

Interest shall accrue on a day-to-day basis and be calculated by the Sydenhams Group on such terms as the Sydenhams Group may from time to time determine and shall be compounded on the last business day of each month.

This guarantee and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation is governed by, and will be interpreted in accordance with, the law of England and Wales and is subject to the exclusive jurisdiction of the courts of England and Wales.

I understand the initial credit limit may change from time to time. I agree that any financial obligations due or owed after any change in credit limit granted by the Sydenhams Group to the applicant entity are covered by this guarantee. I understand to opt out of this guarantee, the account must be paid up to date and a new guarantor must be approved by the Sydenhams Group as a suitable replacement. Written confirmation of my removal as guarantor will be provided by the Sydenhams Group, but I will remain liable up to removal confirmation.

• I/we make this application to open a credit account with the Sydenhams Group.
• I/we confirm that the details provided are complete and accurate.
• I/we understand that I/we must inform the Sydenhams Group of any changes that may affect the account, including (but not limited to) any change of address, as soon as possible.
• I/we understand that in order to process any credit account applications, the Sydenhams Group will supply personal information to credit reference agencies (CRA’s). CRA’s will pass the Sydenhams Group information about the applicant/directors/owners/organisation, such as financial history. The Sydenhams Group does so to assess creditworthiness, check identity, manage accounts, trace, and recover debts and prevent criminal activity. The Sydenhams Group will also continue to exchange information about accounts with CRA’s on an ongoing basis, including about settled accounts and any debts not fully repaid on time. CRA’s may share your information with other organisations.
• I/we understand that the Sydenhams Group will also deal with all data relating to this application in line with general data protection regulations and data may be shared with organisations and the police for the purpose of detecting and preventing fraud.
• I/we understand that payment is due promptly at the end of the month following the date of delivery or deemed delivery. If granted credit, I/we agree to pay in accordance with the Sydenhams Global Terms and Conditions. I/we understand that accounts with late payments may be closed, and monies owed but not paid may be sought by legal means.
• I/we understand and agree to the Sydenhams Global Terms and Conditions – available for viewing upon request and via www.sydenhams.co.uk – the Personal Guarantee (if applicable), and these Declarations.

By signing, I state that I have read and understood the Sydenhams Global Terms and Conditions and the above declarations.