Terms & Conditions
Terms and Conditions applicable in conducting a credit account with AUSPRING INDUSTRIES Pty Ltd are described in full below:
Any advice recommendation, information, assistance or service provided by AUSPRING INDUSTRIES Pty Ltd (“The Seller”) in relation to goods sold or their use of application is given in good faith and is believed by the Seller to be appropriate and reliable but the Seller does not warrant the suitability of goods supplied for any purpose whatsoever other than as set out by the wire manufacturer ‘s specifications.
The customer (“The Purchaser”) hereby agrees that the Seller reserves the following rights in relation to the goods until all accounts owed by the Purchaser to the Seller are fully paid:
(1) Legal ownership of the goods;
(2) to enter the Purchaser’s premises (or the premises of associated company or agent where the goods are located) without liability for the trespass or any resulting damage and retake possession of the goods; and
(3) to keep or resell any goods repossessed pursuant to(2) above; if the goods are resold, or products manufactured using the goods are sold,by the Purchaser, the Purchaser shall hold such part of the proceeds of any such sale as represents the invoice price of the goods sold or used in the manufacture of the goods sold in a seperate identifiable account as the beneficial property of the Seller and shall pay such amount to the Seller upon request. Not-withstanding the provisions above the Seller shall be entitled to maintain an action against the Purchaser for the price and the risk of the goods shall pass to the Purchaser upon delivery.
Unless otherwise agreed expressly in writing, the terms of payment shall be the total amount payable with (30) thirty days of the date appearing on your invoice. If the Purchaser fails to make payment for the goods in accordance with these terms, or if any execution shall be levied upon any of the Purchaser’s goods or if the Purchaser offers to make any arrangements with its creditors or commits an act of bankruptcy or if any petition in bankruptcy is presented against the Purchaser or the Purchaser is unable to pay its debts as they fall due, or being a company, passes a resolution for winding up (except for the purpose of reconstruction) or a petition is presented for its winding up or if any of the events referred to in section 469 of the corporations act shall occur, then all monies owing and outstanding to the Seller on any account whatsoever and irrespective of whether the due date has occurred or not, shall become immediately due and payable.
Without prejudice to any other rights or remedies that the Seller may have against the Purchaser, the Purchaser agrees that in the event of any default by the Purchaser in payment to the Seller in accordance with the terms herein, the Purchaser’s account will be placed in suspension and will not be reinstated until such time as all outstanding monies are paid in full to the Seller.
The Purchaser further agrees to pay an account-keeping fee whilst their account remains active, outside the (30) thirty day Nett term. This fee will be a set monthly charge of $15 per invoice per month and applied to your account during each billing cycle.
The Purchaser agrees that any claim by it regarding goods sold shall be limited to a claim for replacement of those goods or a credit note for the amount originally paid by the Purchaser for the goods.
AUSPRING INDUSTRIES Pty Ltd reserve the right to close any account at their discretion.