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	1.1 “Wholesaler” shall mean Kordz Pty Ltd, its successors and assigns or any person acting on behalf of and with the authority of Kordz Pty Ltd. 1.2 “Customer” shall mean the Customer (or any person acting on behalf of and with the authority of the Customer) as described on any quotation, work authorisation or other form as provided by the Wholesaler to the Customer. 1.3 “Guarantor” means that person (or persons), or entity, who agrees to be liable for the debts of the Customer on a principal debtor basis. 1.4 “Goods” shall mean Goods supplied by the Wholesaler to the Customer (and where the context so permits shall include any supply of Services as hereinafter defined) and are as described on the invoices, quotation, work authorisation or any other forms as provided by the Wholesaler to the Customer. 1.5 “Services” shall mean all services supplied by the Wholesaler to the Customer and includes any advice or recommendations (and where the context so permits shall include any supply of Goods as defined above). 1.6 “Price” shall mean the price payable for the Goods as agreed between the Wholesaler and the Customer in accordance with clause 12 of this contract. 2. Acceptance 2.1 Any instructions received by the Wholesaler from the Customer for the supply of Goods and/or the Customer’s acceptance of Goods supplied by the Wholesaler shall constitute acceptance of the terms and conditions contained herein. 2.2 Where more than one Customer has entered into this agreement, the Customers shall be jointly and severally liable for all payments of the Price. 2.3 Upon acceptance of these terms and conditions by the Customer the terms and conditions are binding and can only be amended with the written consent of the Wholesaler. 2.4 The Customer undertakes to give the Wholesaler at least fourteen (14) days notice of any change in the Customer’s name, address and/or any other change in the Customer’s details. 3. Price And Payment 3.1 At the Wholesaler’s sole discretion the Price shall be either: (a) as indicated on invoices provided by the Wholesaler to the Customer in respect of Goods supplied; or (b) the Wholesaler’s quoted Price (subject to clause 12) which shall be binding upon the Wholesaler provided that the Customer shall accept the Wholesaler’s quotation in writing within thirty (30) days. 3.2 The Wholesaler reserves the right to change the Price in the event of a variation to the Wholesaler’s quotation. 3.3 Time for payment for the Goods shall be of the essence and will be stated on the invoice or any other forms. If no time is stated then payment shall be due twenty eight (28) days following the end of the month in which a statement is posted to the Customer’s address or address for notices. 3.4 Payment will be made by cash, or by cheque, or by bank cheque, or by credit card (plus a surcharge of up to 1.5% of the Price), or by direct credit, or by any other method as agreed to between the Customer and the Wholesaler. 3.5 GST and other taxes and duties that may be applicable shall be added to the Price except when they are expressly included in the Price. 4. Delivery Of Goods 4.1 At the Wholesaler’s sole discretion delivery of the Goods shall take place when: (a) the Customer takes possession of the Goods at the Wholesaler’s address; or (b) the Customer takes possession of the Goods at the Customer’s address (in the event that the Goods are delivered by the Wholesaler or the Wholesaler’s nominated carrier). 4.2 At the Wholesaler’s sole discretion the costs of delivery are: (a) included in the Price; or (b) for the Customer’s account. 4.3 The Customer shall make all arrangements necessary to take delivery of the Goods whenever they are tendered for delivery. In the event that the Customer is unable to take delivery of the Goods as arranged then the Wholesaler shall be entitled to charge a reasonable fee for redelivery. 4.4 Delivery of the Goods to a third party nominated by the Customer is deemed to be delivery to the Customer for the purposes of this agreement. 4.5 The failure of the Wholesaler to deliver shall not entitle either party to treat this contract as repudiated. 4.6 The Wholesaler shall not be liable for any loss or damage whatever due to failure by the Wholesaler to deliver the Goods (or any of them) promptly or at all. 5. Risk 5.1 If the Wholesaler retains ownership of the Goods nonetheless, all risk for the Goods passes to the Customer on delivery. 5.2 If any of the Goods are damaged or destroyed following delivery but prior to ownership passing to the Customer, the Wholesaler is entitled to receive all insurance proceeds payable for the Goods. The production of these terms and conditions by the Wholesaler is sufficient evidence of the Wholesaler’s rights to receive the insurance proceeds without the need for any person dealing with the Wholesaler to make further enquiries. 6. Title 6.1 The Wholesaler and Customer agree that ownership of the Goods shall not pass until: (a) the Customer has paid the Wholesaler all amounts owing for the particular Goods; and (b) the Customer has met all other obligations due by the Customer to the Wholesaler in respect of all contracts between the Wholesaler and the Customer. 6.2 Receipt by the Wholesaler 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 and until then the Wholesaler’s ownership or rights in respect of the Goods shall continue. 6.3 It is further agreed that: (a) where practicable the Goods shall be kept separate and identifiable until the Wholesaler shall have received payment and all other obligations of the Customer are met; and (b) until such time as ownership of the Goods shall pass from the Wholesaler to the Customer the Wholesaler may give notice in writing to the Customer to return the Goods or any of them to the Wholesaler. Upon such notice the rights of the Customer to obtain ownership or any other interest in the Goods shall cease; and (c) the Wholesaler shall have the right of stopping the Goods in transit whether or not delivery has been made; and (d) if the Customer fails to return the Goods to the Wholesaler then the Wholesaler or the Wholesaler’s agent may enter upon and into land and premises owned, occupied or used by the Customer, or any premises as the invitee of the Customer, where the Goods are situated and take possession of the Goods; and (e) the Customer is only a bailee of the Goods and until such time as the Wholesaler has received payment in full for the Goods then the Customer shall hold any proceeds from the sale or disposal of the Goods on trust for the Wholesaler; and (f) the Customer shall not deal with the money of the Wholesaler in any way which may be adverse to the Wholesaler; and (g) the Customer shall not charge the Goods in any way nor grant nor otherwise give any interest in the Goods while they remain the property of the Wholesaler; and (h) the Wholesaler can issue proceedings to recover the Price of the Goods sold notwithstanding that ownership of the Goods may not have passed to the Customer; and (i) until such time that ownership in the Goods passes to the Customer, if the Goods are converted into other products, the parties agree that the Wholesaler will be the owner of the end products. 7. Customer’s Disclaimer 7.1 The Customer hereby disclaims any right to rescind, or cancel any contract with the Wholesaler or to sue for damages or to claim restitution arising out of any misrepresentation made to the Customer by the Wholesaler and the Customer acknowledges that the Goods are bought relying solely upon the Customer’s skill and judgement. 8. Defects 8.1 The Customer shall inspect the Goods on delivery and shall within fifteen (15) days of delivery (time being of the essence) notify the Wholesaler of any alleged defect, shortage in quantity, damage or failure to comply with the description or quote. The Customer shall afford the Wholesaler 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 the Wholesaler has agreed in writing that the Customer is entitled to reject, the Wholesaler’s liability is limited to either (at the Wholesaler’s discretion) replacing the Goods or repairing the Goods. 9. Returns 9.1 Returns will only be accepted provided that: (a) the Customer has complied with the provisions of clause 12; and (b) the Wholesaler has agreed in writing to accept the return of the Goods; and (c) the Goods are returned at the Customer’s cost within fifteen (15) days of the delivery date; and (d) the Wholesaler will not be liable for Goods which have not been stored or used in a proper manner; and (e) the Goods are returned in the condition in which they were delivered and with all packaging material, brochures and instruction material in as new condition as is reasonably possible in the circumstances. 9.2 The Wholesaler may (in its discretion) accept the return of Goods for credit but this may incur a handling fee of ten percent (10%) of the value of the returned Goods plus any freight. 10. Warranty 10.1 Subject to the conditions of warranty set out in clause 12 the Wholesaler warrants that if any defect in any workmanship of the Wholesaler becomes apparent and is reported to the Wholesaler within twelve (12) months of the date of delivery (time being of the essence) then the Wholesaler will either (at the Wholesaler’s sole discretion) replace or remedy the workmanship. 10.2 The conditions applicable to the warranty given by clause 12 are: (a) The warranty shall not cover any defect or damage which may be caused or partly caused by or arise through: (i) Failure on the part of the Customer to properly maintain any Goods; or (ii) Failure on the part of the Customer to follow any instructions or guidelines provided by the Wholesaler; or (iii) Any use of any Goods otherwise than for any application specified on a quote or order form; or (iv) The continued use of any Goods after any defect becomes apparent or would have become apparent to a reasonably prudent operator or user; or (v) Fair wear and tear, any accident or act of God. (b) The warranty shall cease and the Wholesaler shall thereafter in no circumstances be liable under the terms of the warranty if the workmanship is repaired, altered or overhauled without the Wholesaler’s consent. (c) In respect of all claims the Wholesaler shall not be liable to compensate the Customer for any delay in either replacing or remedying the workmanship or in properly assessing the Customer’s claim. 10.3 For Goods not manufactured by the Wholesaler, the warranty shall be the current warranty provided by the manufacturer of the Goods. The Wholesaler shall not be bound by nor be responsible for any term, condition, representation or warranty other than that which is given by the manufacturer of the Goods. 11. The Commonwealth Trade Practices Act 1974 and Fair Trading Acts 11.1 Nothing in this agreement is intended to have the effect of contracting out of any applicable provisions of the Commonwealth Trade Practices Act 1974 or the Fair Trading Acts in each of the States and Territories of Australia, except to the extent permitted by those Acts where applicable. 12. Default & Consequences of Default 12.1 Interest on overdue invoices shall accrue from the date when payment becomes due daily until the date of payment at a rate of two and one half percent (2.5%) per calendar month and such interest shall compound monthly at such a rate after as well as before any judgement. 12.2 If the Customer defaults in payment of any invoice when due, the Customer shall indemnify the Wholesaler from and against all costs and disbursements incurred by the Wholesaler in pursuing the debt including legal costs on a solicitor and own client basis and the Wholesaler’s collection agency costs. 12.3 Without prejudice to any other remedies the Wholesaler may have, if at any time the Customer is in breach of any obligation (including those relating to payment), the Wholesaler may suspend or terminate the supply of Goods to the Customer and any of its other obligations under the terms and conditions. The Wholesaler will not be liable to the Customer for any loss or damage the Customer suffers because the Wholesaler has exercised its rights under this clause. 12.4 If any account remains overdue after thirty (30) days then an amount of the greater of twenty dollars ($20.00) or ten percent (10.00%) of the amount overdue (up to a maximum of two hundred dollars ($200)) shall be levied for administration fees which sum shall become immediately due and payable. 12.5 Without prejudice to the Wholesaler’s other remedies at law the Wholesaler shall be entitled to cancel all or any part of any order of the Customer which remains unfulfilled and all amounts owing to the Wholesaler shall, whether or not due for payment, become immediately payable in the event that: (a) any money payable to the Wholesaler becomes overdue, or in the Wholesaler’s opinion the Customer will be unable to meet its payments as they fall due; or (b) the Customer becomes insolvent, convenes a meeting with its creditors or proposes or enters into an arrangement with creditors, or makes an assignment for the benefit of its creditors; or (c) a receiver, manager, liquidator (provisional or otherwise) or similar person is appointed in respect of the Customer or any asset of the Customer. 13. Security And Charge 13.1 Despite anything to the contrary contained herein or any other rights which the Wholesaler may have howsoever: (a) where the Customer and/or the Guarantor (if any) is the owner of land, realty or any other asset capable of being charged, both the Customer and/or the Guarantor agree to mortgage and/or charge all of their joint and/or several interest in the said land, realty or any other asset to the Wholesaler or the Wholesaler’s nominee to secure all amounts and other monetary obligations payable under these terms and conditions. The Customer and/or the Guarantor acknowledge and agree that the Wholesaler (or the Wholesaler’s nominee) shall be entitled to lodge where appropriate a caveat, which caveat shall be withdrawn once all payments and other monetary obligations payable hereunder have been met. (b) should the Wholesaler elect to proceed in any manner in accordance with this clause and/or its sub-clauses, the Customer and/or Guarantor shall indemnify the Wholesaler from and against all the Wholesaler’s costs and disbursements including legal costs on a solicitor and own client basis. (c) the Customer and/or the Guarantor (if any) agree to irrevocably nominate constitute and appoint the Wholesaler or the Wholesaler’s nominee as the Customer’s and/or Guarantor’s true and lawful attorney to perform all necessary acts to give effect to the provisions of this clause 12. 14. Cancellation 14.1 The Wholesaler may cancel any contract to which these terms and conditions apply or cancel delivery of Goods at any time before the Goods are delivered by giving written notice to the Customer. On giving such notice the Wholesaler shall repay to the Customer any sums paid in respect of the Price. The Wholesaler shall not be liable for any loss or damage whatever arising from such cancellation. 14.2 In the event that the Customer cancels delivery of Goods the Customer shall be liable for any loss incurred by the Wholesaler (including, but not limited to, any loss of profits) up to the time of cancellation. 15. Privacy Act 1988 15.1 The Customer and/or the Guarantor/s agree for the Wholesaler to obtain from a credit reporting agency a credit report containing personal credit information about the Customer and Guarantor/s in relation to credit provided by the Wholesaler. 15.2 The Customer and/or the Guarantor/s agree that the Wholesaler may exchange information about the Customer and the Guarantor/s with those credit providers either named as trade referees by the Customer or named in a consumer credit report issued by a credit reporting agency for the following purposes: (a) to assess an application by Customer; and/or (b) to notify other credit providers of a default by the Customer; and/or (c) to exchange information with other credit providers as to the status of this credit account, where the Customer is in default with other credit providers; and/or (d) to assess the credit worthiness of Customer and/or Guarantor/s. 15.3 The Customer consents to the Wholesaler being given a consumer credit report to collect overdue payment on commercial credit (Section 18K(1)(h) Privacy Act 1988). 15.4 The Customer agrees that personal credit information provided may be used and retained by the Wholesaler for the following purposes and for other purposes as shall be agreed between the Customer and Wholesaler or required by law from time to time: (a) provision of Goods; and/or (b) marketing of Goods by the Wholesaler, its agents or distributors in relation to the Goods; and/or (c) analysing, verifying and/or checking the Customer’s credit, payment and/or status in relation to provision of Goods; and/or (d) processing of any payment instructions, direct debit facilities and/or credit facilities requested by Customer; and/or (e) enabling the daily operation of Customer’s account and/or the collection of amounts outstanding in the Customer’s account in relation to the Goods. 15.5 The Wholesaler may give information about the Customer to a credit reporting agency for the following purposes: (a) to obtain a consumer credit report about the Customer; and/or (b) allow the credit reporting agency to create or maintain a credit information file containing information about the Customer. 16. General 16.1 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. 16.2 These terms and conditions and any contract to which they apply shall be governed by the laws of Victoria and are subject to the jurisdiction of the courts of Victoria. 16.3 The Wholesaler shall be under no liability whatever to the Customer for any indirect loss and/or expense (including loss of profit) suffered by the Customer arising out of a breach by the Wholesaler of these terms and conditions. 16.4 In the event of any breach of this contract by the Wholesaler the remedies of the Customer shall be limited to damages which under no circumstances shall exceed the Price of the Goods. 16.5 The Customer shall not be entitled to set off against or deduct from the Price any sums owed or claimed to be owed to the Customer by the Wholesaler. 16.6 The Wholesaler may license or sub-contract all or any part of its rights and obligations without the Customer’s consent. 16.7 The Wholesaler reserves the right to review these terms and conditions at any time. If, following any such review, there is to be any change to these terms and conditions, then that change will take effect from the date on which the Wholesaler notifies the Customer of such change. 16.8 Neither party shall be liable for any default due to any act of God, war, terrorism, strike, lock-out, industrial action, fire, flood, drought, storm or other event beyond the reasonable control of either party. 16.9 The failure by the Wholesaler to enforce any provision of these terms and conditions shall not be treated as a waiver of that provision, nor shall it affect the Wholesaler’s right to subsequently enforce that provision.
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