Mt Somers Service Centre - Terms & Conditions of Trade

Mt Somers Service Centre - Terms & Conditions of Trade
The Goods/Services (including and incidental supply of Services)
shall be as described on any invoices, quotation, work
authorisation, or any other forms which are provided by Mt
Somers to the Customer.
Price and Payment
At Mt Somers sole discretion the Price shall be as indicated on
any invoice provided by Mt Somers to the Customer in respect of
the Goods supplied.
The Price shall be as indicated on invoices provided by Mt
Somers to the Customer in respect of the Goods/Services
Time for payment for the Goods/Services shall be of the essence
and will be stated on the invoice, quotation, or any other order
forms. If no time is stated then payment will be due seven (7)
days following the date of the invoice.
Unless otherwise stated the Price does not include GST. In
addition to the Price the Customer must pay to Mt Somers an
amount equal to any GST Mt Somers must pay for any supply by
Mt Somers under this or any other agreement for the sale of the
Goods. The Customer must pay GST, without deduction or set off
of any other amounts, at the same time and on the same basis as
the Customer pays the Price. In addition the Customer must pay
any other taxes and duties that may be applicable in addition to
the Price except where they are expressly included in the Price.
Mt Somers and the Customer agree that ownership of the Goods
shall not pass until:
(a) the Customer has paid Mt Somers all amounts owing to Mt
Somers; and
(b) the Customer has met all of its other obligations to Mt
Receipt by Mt Somers of any form of payment other than cash
shall not be deemed to be payment until that form of payment has
been honoured, cleared or recognised.
Personal Property Securities Act 1999 (“PPSA”)
Upon assenting to these terms and conditions in writing the
Customer acknowledges and agrees that:
(a) these terms and conditions constitute a security agreement for
the purposes of the PPSA; and
(b) a security interest is taken in all Goods previously supplied by
Mt Somers to the Customer (if any) and all Goods that will be
supplied in the future by Mt Somers to the Customer.
The Customer undertakes to:
(a) sign any further documents and/or provide any further
information (such information to be complete, accurate and upto-date in all respects) which Mt Somers may reasonably require
to register a financing statement or financing change statement
on the Personal Property Securities Register;
(b) indemnify, and upon demand reimburse, Mt Somers for all
expenses incurred in registering a financing statement or
financing change statement on the Personal Property Securities
Register or releasing any Goods charged thereby;
(c) not register a financing change statement or a change demand
without the prior written consent of Mt Somers; and
(d) immediately advise Mt Somers of any material change in its
business practices of selling the Goods which would result in a
change in the nature of proceeds derived from such sales.
Mt Somers and the Customer agree that nothing in sections
114(1)(a), 133 and 134 of the PPSA shall apply to these terms and
The Customer waives its rights as a debtor under sections 116,
120(2), 121, 125, 126, 127, 129, 131 and 132 of the PPSA.
Unless otherwise agreed to in writing by Mt Somers, the Customer
waives its right to receive a verification statement in accordance with
section 148 of the PPSA.
The Customer shall unconditionally ratify any actions taken by Mt
Somers under clauses 4.1 to 4.5.
The Customer shall inspect the Goods on delivery and shall within
seven (7) days of delivery (time being of the essence) notify Mt
Somers of any alleged defect, shortage in quantity, damage or
failure to comply with the description or quote. The Customer
shall afford Mt Somers an opportunity to inspect the Goods within
a reasonable time following delivery if the Customer believes the
Goods are defective in any way. If the Customer shall fail to
comply with these provisions the Goods shall be presumed to be
free from any defect or damage. For defective Goods, which Mt
Somers has agreed in writing that the Customer is entitled to
reject, Mt Somers’s liability is limited to either (at Mt Somers’s
discretion) replacing the Goods or repairing the Goods.
Goods will not be accepted for return other than in accordance
with 5.1 above.
Default and Consequences of Default
Interest on overdue invoices shall accrue daily from the date
when payment becomes due, until the date of payment, at a rate
of two and a half percent (2.5%) per calendar month (and at Mt
Somers’s sole discretion such interest shall compound monthly at
such a rate) after as well as before any judgment.
If the Customer owes Mt Somers any money the Customer shall
indemnify Mt Somers from and against all costs and
disbursements incurred by Mt Somers in recovering the debt
(including but not limited to internal administration fees, legal
costs on a solicitor and own client basis, Mt Somers’s collection
agency costs, and bank dishonour fees).
Privacy Act 1993
The Customer authorises Mt Somers or Mt Somers’s agent to:
(a) access, collect, retain and use any information about the
(b) disclose information about the Customer, whether collected
by Mt Somers from the Customer directly or obtained by Mt
Somers from any other source, to any other credit provider or
any credit reporting agency for the purposes of providing or
obtaining a credit reference, debt collection or notifying a
default by the Customer.
Where the Customer is an individual the authorities under clause
7.1 are authorities or consents for the purposes of the Privacy Act
The Customer shall have the right to request Mt Somers for a
copy of the information about the Customer retained by Mt
Somers and the right to request Mt Somers to correct any
incorrect information about the Customer held by Mt Somers.
Unpaid Seller’s Rights
Where the Customer has left any item with Mt Somers for repair,
modification, exchange or for Mt Somers to perform any other
service in relation to the item and Mt Somers has not received or
been tendered the whole of any moneys owing to it by the
Customer, Mt Somers shall have, until all moneys owing to Mt
Somers are paid:
(a) a lien on the item; and
(b) the right to retain or sell the item, such sale to be undertaken
in accordance with any legislation applicable to the sale or
disposal of uncollected goods.
The lien of Mt Somers shall continue despite the commencement
of proceedings, or judgment for any moneys owing to Mt Somers
having been obtained against the Customer.
The failure by Mt Somers to enforce any provision of these terms
and conditions shall not be treated as a waiver of that provision,
nor shall it affect Mt Somers’s right to subsequently enforce that
provision. If any provision of these terms and conditions shall be
invalid, void, illegal or unenforceable the validity, existence,
legality and enforceability of the remaining provisions shall not be
affected, prejudiced or impaired.
These terms and conditions and any contract to which they apply
shall be governed by the laws of New Zealand and are subject to
the jurisdiction of the courts of Hamilton in New Zealand.
Mt Somers shall be under no liability whatsoever to the Customer
for any indirect and/or consequential loss and/or expense
(including loss of profit) suffered by the Customer arising out of a
breach by Mt Somers of these terms and conditions (alternatively
Mt Somers’s liability shall be limited to damages which under no
circumstances shall exceed the Price of the Goods).
The Customer warrants that it has the power to enter into this
agreement and has obtained all necessary authorisations to allow
it to do so, it is not insolvent and that this agreement creates
binding and valid legal obligations on it. ©Copyright - EC Credit Control 1999 - 2014