Credit account application

EduCom IT Terms and Conditions of Sale

Terms

1. The following sets out the terms & conditions of trading between EduCom IT (hereinafter referred to as “EduCom IT”) and the purchaser of goods or services (hereinafter referred to as the “Purchaser”).

2. Payment Terms are strictly seven days from date of invoice.

3. Credit limits granted may not be exceeded without the written prior consent of EduCom IT.

4. Goods will only be accepted for return on the basis they are faulty and EduCom IT reserves the right to repair or replace product with an identical item. Goods returned will only be credited to the customer’s account if returned in the same condition and packaging as delivered by EduCom IT to the purchaser initially and if returned and received by EduCom IT within 14 days from the initial delivery. Note Clause 2(c) below.

5. The purchasers completion of this Credit Account Application form shall be deemed an authority for EduCom IT to check trade references.

Conditions

1) Accounts/Payment Terms

a) All new accounts will operate for at least a six (6) month period on a COD ‘Cash On Delivery’ basis, however interstate customers will operate on a CBD ‘Cash Before Delivery’ basis. During this period payment may be made by cash, bank cheque, company cheque, credit card or direct deposit. Payments may be subject to bank clearance prior to dispatch.

b) Any cheque that is returned dishonoured shall attract a fee of twenty dollars ($20) each time.

c) Payment shall be made within seven days of invoice date.

d) An approved credit account will be reviewed regularly and an account with any amounts overdue will be put on hold and goods or services withheld without notice until the account is paid in full.

e) Once an account has been on hold twice it will be cancelled and will not be re-established until a new credit application is approved by EduCom IT, following a further three month COD trading record.

f) Amounts not paid within the terms shall incur a 2.5% interest charge per month or part thereof from date of invoice.

g) Where credit has been extended to the Purchaser, EduCom IT has the right to alter or withdraw credit facilities at any time.

h) EduCom IT reserves the right to charge and collect all costs incurred in collecting overdue amounts.

2) Prices

a) All prices quoted reflect a cash discount. Credit Card payments are subject to an additional 3%.

b) All goods will be inclusive of GST.

c) All sales are final upon receipt of a purchase order, restocking fees of 20% apply to all returned goods or cancelled orders. Software that has been opened will not be accepted for return. All quotes are valid for 7 days only.

e) All quotes for labour/technical services are estimates only on information supplied by the Purchaser and any additional time taken to complete the task will be at an additional cost at the current hourly rate.

f) All labour/technical services must have written authorisation from the Purchaser prior to any work being commenced.

3) Title of Goods

a) Title of goods will remain with EduCom IT until such time that payment, in full, is made to EduCom IT.

b) The goods are at the Purchaser’s risk upon delivery, and insurance is to be effected and paid for by the Purchaser.

c) In the event of default by the Purchaser, EduCom IT shall (without prejudice to other rights) be entitled to repossess and/or resell the goods. Default is construed to be failure to pay within the agreed period as mentioned in clause 1 (c).

4) Returns/Warranty

a) Warranty is offered by the manufacturers or distributors of goods, not EduCom IT.

b) EduCom IT will assist with facilitating warranty repairs or replacements on a customer return to EduCom IT basis.

c) Freight costs for all warranty repairs/replacements will be at the expense of the Purchaser.

d) Software is not covered under any warranty.

e) EduCom IT shall not be liable for consequential loss or damages of any kind arising out of the supply, design, layout, assembly, installation, maintenance, use or operation of the goods or items connected physically or electrically to the goods.

f) EduCom IT does not warrant the integrity of software data which is the property of the Purchaser but which may become damaged, erased or destroyed due to physical, magnetic or electrical malfunction of computer equipment, or to error by any party including the Purchaser, EduCom IT and its Agents.

g) All returns or warranty claims must be accompanied by EduCom IT’s invoice. A twenty five dollar ($25) administration fee will apply to warranty/returns without the appropriate paperwork.

h) Goods returned will only be credited to the customer’s account if returned in the same condition as delivered by EduCom IT to the purchaser initially and if returned and received by EduCom IT within 14 days from the initial delivery. Note 2 (c) above.

To be signed where the Buyer is not a company. Note: ALL owners or partners must sign.

Where the Buyer is not a company, the proprietor(s) of it agree(s) that EduCom IT may, in accordance with the Privacy Act, 1988:

a) Give a credit reporting agency personal information in relation to this application for commercial credit, including full name, sex, date of birth, current address, drivers license number, and

b) Obtain from a credit reporting agency a credit report containing personal information concerning them or about any of them in order to assess this application for commercial credit; and

c) Give to and seek from credit providers named in this application or credit providers named in a credit report information about each proprietor’s credit arrangements including his or her credit worthiness, credit standing, credit history, credit capacity or information otherwise permissible under the Privacy Act, 1988 for the following purposes:

1. To exchange information with other credit providers as to the status of any overdue payments under any agreement where any proprietor is in default with other credit providers;
2. To assess this application for credit;
3. To notify other credit procedures of default by the them;
4. To assess the proprietors credit worthiness.