Please read the terms and conditions before filling in this application
1) APPLICABILITY: These conditions govern all sales. All orders are accepted on these conditions at variance herewith, whether or not contained or referred to in any order or other document issued by the buyer shall be valid or binding on us unless expressly accepted by us in writing.
2) DIMENSIONS AND SPECIFICATIONS: The dimensions and specifications of goods are as listed in catalogs distributed by R & V Bearing Supplies or the manufacturer and are subject to improvements and variations without notice from time to time.
3) ORDERS SUBJECT TO PRIOR SALE: Any offer to deliver ex stock is made subject to such stock being unsold prior to receipt of order. In the event of the order being fulfilled from stock arriving after the acceptance of such offer, the price at which such goods will be supplied will be the price ruling at date of dispatch. 4) PAYMENT: Payments shall be made by Electronic Funds Transfer (EFT). Prices quoted are net and invoices will be raised when the goods are dispatched for delivery. Payment falls due on date of statement unless otherwise stated. In the event that you exceed your 30 Day term, the entire amount outstanding amount shall become due and payable immediately.
5) LEGAL: 5.1 / We select as domicilium citandi et executandi for all purpose (not a post box). No change of such address is valid unless the Creditor has been notified in writing and a written Acknowledgement of receipt of such change as been received from the creditor. I/We further agree that any notice sent to me by facsimile or prepaid registered post as such address shall be deemed to have reached me on third day after the date is dispatched unless the contrary be proved; 5.2 For the purpose of any action arising here from, I hereby consent to the jurisdiction of the Magistrate’s Court notwithstanding the fact that such proceedings may otherwise be beyond its jurisdiction. This clause shall be deemed to constitute the required written consent conferring jurisdiction upon the said Court pursuant to the provisions of the magistrate’s Court Act (Act No. 32 of 1994), or any amendment or re-enactment thereof, provided that the Creditor shall be entitled at his entire discretion to institute Proceedings in any other Court which may otherwise have jurisdiction in respect of such action. 5.3 The Debtor undertakes to pay all legal costs incurred by the Creditor in demanding and enforcing compliance with his/ her / its obligations in terms hereof an attorney and client scale.
6) OWNERSHIP: Ownership in all goods supplied remains vested in us until the entire purchase price of the goods in question has been paid. Any such goods affixed to any moveable or immovable property or to other goods shall be severable therefrom. We reserve the right to retake possession of and / or to sell any goods which are not paid for within the stipulated period of time and the net proceeds received therefore after meeting all expenses shall be credited to the buyer’s account provided that the buyer shall remain liable for the outstanding balance. 7) CANCELLATION OF ORDERS: Orders received and accepted by the seller shall not be subject to cancellation either wholly or partially without the seller’s consent in writing. If such consent is given the seller shall be entitled to make as a condition of such consent, a cancellation charge when it is in the opinion of the seller fair, reasonable or necessary to do so.
8) RETURN OF GOODS: Return of goods for credit is at all times subject to our prior consent and is in any event conditional upon all return transportation costs being for the account of the purchaser. A handling fee of up to 15% of the invoice value of the goods may be levied at our discretion upon any or all items accepted for return.
9) I / We certify that the above information is correct in every respect and that I/we am/are authorized to sign on behalf of the company.
10) I / We hereby acknowledge and accept the stated terms and conditions of trading.
11) I / we by my / our signature hereto on behalf of the applicant bind myself / ourselves in my / our private and individual capacity / capacities under renunciation of the benefit of excussion and division as surety and co-principal debtor for the payment to you of all amounts which may at any time become owing to you by the applicant from whatever cause arising. This guarantee shall be a continuing guarantee which may only be cancelled by me / us by notice in writing to you and then only provided that all sums then owing by the applicant to you have been paid in full.