COMMERCIAL CREDIT APPLICATION FORM

COMMERCIAL CREDIT
APPLICATION FORM

Please complete and return to salesledger@svsltd.com

White House Farm, Workhouse Lane, Burbage, Leics, LE10 3AS

Business type:

If Partnerships give full names (not initials) and home address of ALL partners, together with their dates of birth.

DECLARATION BY APPLICANT SEEKING CREDIT

  • I am duly authorised by the applicant business to enter into this agreement on its behalf. We agree that payment of your invoices will be made strictly within 30 days from month end in accordance with the terms and conditions for Storm Ventilation Supplies Ltd. We recognise that if payment of your invoices is not made by the due date for payment, it may result in the matter being referred to an outside body for recovery of the invoice debt. I have read and understand the conditions of sale and agree to accept them as a contractual basis with Storm Ventilation Supplies Limited.
  • We/I will understand that as a part of your assessment of us for the granting of credit, you will use this information to check these details with Experian plc. who will search databases to which it has access.
  • We/I authorise our bankers to provide an opinion as to our suitability for the requested account

*Please scroll to the bottom of this page to accept our Conditions of Sale and submit your application

STORM VENTILATION SUPPLIES LTD – CONDITIONS OF SALE

  • 1. Definitions

    'BUYER' means the person, firm or company purchasing the goods. 'GOODS' means the goods, materials or services which the Seller is to supply in accordance with these Conditions. 'SELLER' means STORM VENTILATION SUPPLIES LTD of White House Farm, Workhouse Lane, Burbage, Leicestershire, LE10 3AS. ‘CONDITIONS’ means the standard terms and conditions of sale set out in this document and includes any special terms and conditions agreed in writing between the Buyer and the seller 'CONTRACT' means the contract for the purchase and sale of the Goods.

  • 2. Basis of the sale

    1. The Seller shall sell and the Buyer shall purchase the Goods in accordance with any written quotation of the Seller which is accepted by the Buyer, or any written order of the Buyer which is accepted by the Seller, subject in either case to these Conditions, which shall govern the Contract to the exclusion of any other terms and conditions subject to which any such quotation is accepted or purported to be accepted, or any such order is made or purported to be made, by the Buyer.

    2. No variation to these Conditions shall be binding unless agreed in Writing between the authorised representatives of the Buyer and the Seller.

    3. Any advice or recommendation given by the Seller or its employees as to the storage, application or use of the Goods which is not confirmed in Writing by the Seller is followed or acted upon entirely at the Buyer's own risk, and according to contract the Seller shall not be liable for any such advice or recommendation which is not so confirmed.

    4. Any typographical clerical or other error or omission in any sales literature, quotation, price list acceptance of offer, invoice or other document or information issued by the Seller shall be subject to correction without any liability on the part of the Seller. All illustrations and preliminary drawings, specifications and particulars of weights and measures prepared by the Seller are approximate only.

  • 3. Orders and specifications

    1. The Buyer shall be responsible to the Seller for ensuring the accuracy of the terms of any order (including any applicable specification) submitted by the Buyer, and for giving the Seller any necessary information relating to the Goods within a sufficient time to enable the Seller to perform the Contract in accordance with its terms.

    2. The quantity, quality and description of and any specification for the Goods shall be those set out in the Seller's quotation.

    3. No order which has been accepted by the Seller may be cancelled by the Buyer except with the agreement in Writing of the Seller and on terms that the Buyer shall indemnify the Seller in full against all loss, costs, damages, charges and expenses Incurred by the Seller as a result of cancelation.

  • 4. Price of the goods

    1. The price of the Goods shall be the Seller's quoted price, or agreed price. All prices quoted are valid for 30 days only or until earlier acceptance by the Buyer, after which time they may be altered by the Seller without giving notice to the Buyer.

    2. The Seller reserves the right, by giving notice to the Buyer at any time before delivery, to increase the price of the Goods to reflect any increase in the cost to the Seller which is due to any factor beyond the control of the Seller, any change in delivery dates, quantities or specifications for the Goods which is requested by the Buyer, or any delay caused by any instructions of the Buyer or failure of the Buyer to give the Seller adequate information or instructions

    3. Except as otherwise stated under the terms of any quotation and unless otherwise agreed in writing between the Buyer and the Seller, all prices are given by the Seller on an ex works basis, and where the Seller agrees to deliver the goods there may be an agreed charge for transport, packaging and insurance.

    4. The price is exclusive of any applicable value added tax, which the Buyer shall be additionally liable to pay to the Seller.

  • 5. Terms of payment

    1. Subject to any special terms agreed in writing between the Buyer and the Seller, the Seller shall be entitled to invoice the Buyer for the price of the Goods on or at any time after delivery of the Goods, unless the Goods are to be collected by the Buyer or the Buyer wrongfully fails to take delivery of the Goods, in which event, the Seller shall be entitled to invoice the Buyer for the price at any time after the Seller has notified the Buyer that the Goods are ready for collection or (as the case may be) the Seller has tendered delivery of the Goods

    2. The Buyer shall pay the price of the Goods without any deduction (unless otherwise agreed) before the end of the calendar month following the date of the Seller's invoice, and the Seller shall be entitled to recover the price, notwithstanding that delivery may not have taken place and the property in the Goods has not passed to the Buyer. The time of payment of the price shall be of the expense of the Contract Receipts for payment will be issued only upon request.

    1. If the Buyer fails to make any payment on the due date then, without prejudice to any other right or remedy available to the Seller, the Seller shall he entitled to: a) cancel the contract or suspend any further deliveries to the Buyer; b) charge the Buyer interest (both before and after any judgment) on the amount unpaid, at the rate of four per cent per annum above Barclays Bank base rate from time to time, until payment in full is made (a part of a month being treated as a full month for the purpose of calculating interest)

  • 6. Delivery

    1. Any dates quoted for delivery of the Goods are approximate only and the Seller shall not be liable for any delay in delivery of the Goods however caused. Time for delivery shall not be of the essence of the Contract unless previously agreed by the Seiler in writing. The Goods may he delivered by the Seller in advance of the quoted delivery date upon giving reasonable notice to the Buyer.

    2. If the Buyer fails to take delivery of the Goods or fails to give the Seller adequate delivery instructions at the time stated for delivery (otherwise than by reason of any cause beyond the Buyer's reasonable control or by reason of the Seller's fault) then, without to any other right or remedy available to the Seller, the Seller may: a) store the Goods until actual delivery and charge the Buyer for the reasonable costs (including insurance) of storage; or b) sell the Goods at the best price readily obtainable and (after deducting all reasonable storage and selling expenses) account to the Buyer for the excess over the price under the Contract or charge the Buyer for any shortfall below the price under the Contract.

    3. The seller shall not be liable in respect for any non-delivery of goods howsoever caused unless notice in writing is given within the period specified in the contract or within 14 days of the date when the goods were received or would in the ordinary course of events have been received, whichever is sooner.

  • 7. Risk and property

    1. Risk of damage to or loss of the Goods shall pass to the Buyer: a) in the case of Goods to be delivered at the Seller’s premises, at the time when the Seller notifies the Buyer that the Goods are available for collection; or b) in the case of Goods to be delivered otherwise than at the Seller's premises, at the time of delivery or, if the Buyer wrongfully fails to take delivery of the Goods, the time when the Seller has tendered delivery of the Goods

    2. Notwithstanding delivery and the passing of risk in the Goods, or any other provision of these Conditions, the property of the Goods shall not pass to the Buyer until the Seller has received in cash or cleared funds payment in full of the price of the Goods and all other goods agreed to be sold by the Seller to the Buyer for which payment is then due

    3. Until such time as the property in the Goods passes to the Buyer (and provided the Goods are still in existence and have not been resold), the Seller shall be entitled at any time to require the Buyer to deliver up the Goods to the Seller and, if the Buyer fails to do so forthwith, to enter upon any premises of the Buyer or any third party where the Goods are stored and repossess the Goods

    4. The Buyer shall not be entitled to pledge or in any way charge by way of security for any indebtedness any of the Goods which remain the property of the Seller, but if the Buyer does so all monies owing by the Buyer to the Seller shall (without prejudice to any other right or remedy of the seller) forthwith become due and payable

  • 8. Warranties and liability

    1. Subject to the conditions set out below the Seller warrants that the Goods will correspond with their specification at the time of delivery and will be free from defects in material and workmanship.

    2. The above warranty is given by the Seller subject to the following conditions: a) the Seller shall be under no liability in respect of any defect in the Goods arising from any drawing, design or specification supplied by the Buyer; b) the Seller shall be under no liability under the above warranty (or any other warranty, condition or guarantee) if the total price for the Goods has not been paid by the due date for payment. c) the above warranty does not extend to parts, materials or equipment not manufactured by the Seller, in respect of which the Buyer shall only be entitled to the benefit of any such warranty or guarantee as is given by the manufacturer to the

    3. Any claim by the Buyer which is based on any defect in the quality or condition of the Goods or their failure to correspond with the specification shall (whether or not delivery is refused by the Buyer) be notified to the Seller within 14 days from the date of delivery. If delivery is not refused, and the Buyer does not notify the Seller accordingly, the Buyer shall not be entitled to reject the Goods and the Seller shall have any liability for such defect or failure, and the Buyer shall be bound to pay the price as if the Goods had been delivered in accordance with the Contract

    4. where any valid claim in respect of any of the Goods or their failure to meet specification is notified to the Seller in accordance with these Conditions, the Seller shall be entitled to replace the Goods (or the parts in question) free of charge or, at the Seller's sole discretion, refund to the Buyer the price of the Goods (or a proportionate part of the price), but the Seller shall have no further liability to the Buyer.

    5. Except in respect of death or personal injury caused by the Seller's negligence, the Seller shall not be liable to the Buyer by reason of any representation (unless fraudulent), or any implied warranty, condition or other term, or any duty at common law, or under the express terms of the Contract, for any indirect, special or consequential loss or damage (whether for loss of profit or otherwise), costs, expenses or other claims for compensation whatsoever (whether caused by the negligence of the Seller, its employees or agents or otherwise) which arise out of or in connection with the supply of the Goods or their use or resale by the Buyer, and the entire liability of the Seller under or in connection with the Contract shall not exceed the price of the Goods, except as expressly provided in these Conditions

  • 9. Returns

    1. The returning of any goods the Buyer must obtain written agreement of a duly authorised representative of the Seller.

    2. Goods will be returnable only if they are in perfect resale condition as determined by the Seller and or they were sold or supplied by the Seller to the Buyer in the preceding days.

    3. The Buyer is responsible for the safe delivery of the Goods to the Sellers premises and will be responsible for such costs incurred in making such delivery.

    4. At the Sellers absolute discretion a charge may be made by the Seller by way of a deduction from the credit for the returned goods. The charges levied will be 25% of the value of the returned goods and in all cases the minimum charge would be £25.

  • 10. Insolvency of buyer

    1. This clause applies if:

      • a) the Buyer makes any voluntary arrangement with its creditors or becomes bankrupt or becomes subject to an administration order or goes into liquidation (otherwise than for the purposes of amalgamation or reconstruction)

      • b) an encumbrancer takes possession, or a receiver is appointed, of any of the property or assets of the Buyer

      • c) the Buyer ceases, or threatens to cease, to carry on business

      • d) the Seller reasonably apprehends that any of the events mentioned above is about to occur in relation to the Buyer and notifies the Buyer accordingly.

  • 11. Retention of Title

    1. Title to the Goods shall remain vested in the Seller and shall not pass to the Buyer until the purchase price for the Goods has been paid in full and received by the Seller. Until title to the Goods passes:

      • The Seller shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of the Goods;

      • The Seller and its agents and employees shall be entitled at any time and without the need to give notice enter upon any property upon which the Goods or any part are stored, or upon which the Seller reasonably believes them to be kept;

      • The Buyer shall store or mark the Goods in a manner reasonably satisfactory to the Seller indicating that title to the Goods remains vested in the Seller; and

      • The Buyer shall insure the Goods to their full replacement value, and arrange for the Seller to be noted on the policy of insurance as the loss payee.

      • Irrespective of whether title to the Goods remains vested in the Seller, risk in the Goods shall pass to {the Buyer} upon delivery

  • 12. The Contract shall be governed by the laws of England, and the Buyer agrees to submit to the non-exclusive jurisdiction of the English courts.

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