4. The Customer and each signatory consent to the matters contained in the Terms concerning credit reporting.
5. The Customer authorises Rockman to:
(a) Obtain credit reports from credit reporting agencies or other credit providers for the purpose of assessing this Application.
(b) Obtain information from any other credit providers from time to time for the purpose of reviewing and assessing commercial credit worthiness and to assist Rockman in evaluating any instance of an overdue account.
(c) Disdose to or discuss with any credit providers or any credit reporting agencies, any prospective guarantor and any person or body agreeing or considering whether to agree to be liable for any credit to be made available to the Customer, any information maintained or in our possession relating to this application and the administration of any subsequent credit facility.
6. The Customer and each signatory acknowledge that this Agreement between the Customer and Rockman may be changed from time to time by Rockman in the manner provided for in it.
7. The Customer and each signatory acknowledge and understand that if this Application is approved, the account facility may be cancelled at any time without prior notice to any of them.
8. The account facility will be used wholly or predominantly for business purposes, and the Customer and each signatory warrant that each signatory is authorised to sign this application in any relevant capacity.
9. Trading terms are 14 days from invoice date. In the event of a credit facility being established it is essential that each respective invoice is paid in full and in accordance to the credit terms stated on the invoice. Failure to pay invoices by the due date may incur an interest charge of 1.5% per month or part thereof of the total overdue amount.
If at any time monies are overdue and owing upon any invoice then outstanding, the whole of the amount of all invoices then outstanding shall become immediately due and payable.