TERMS & CONDITIONS OF TRADE 1. DEFINITIONS
1.1 “Meadow Frost” shall mean Crown Technical Service, or any agents or employees thereof.
1.2 “Customer” shall mean the Customer, any person acting on behalf of and with the authority of the Customer, or any person purchasing products and services from Meadow Frost.
1.3 “Goods” shall mean:
1.3.1 All Goods of the general description specified on the front of this agreement and supplied by
Meadow Frost. to the Customer; and
1.3.2 All Goods supplied by Meadow Frost. to the Customer; and
1.3.3 All inventory of the Customer that is supplied by Meadow Frost.; and
1.3.4 All Goods supplied by Meadow Frost. and further identified in any invoice issued by Meadow Frost. to the Customer, which invoices are deemed to be incorporated into and form part of this
1.3.5 All Goods that are marked as having been supplied by Meadow Frost. or that are stored by the
Customer in a manner that enables them to be identified as having been supplied by Meadow Frost.; and 1.3.6 all of the Customer’s present and after-acquired Goods that Meadow Frost. has performed work on or to or in which goods or materials supplied or financed by Meadow Frost. have been attached or incorporated.
1.3.7 The above descriptions may overlap but each is independent of and does not limit the others.
1.4 “Goods and Services” shall mean all goods, products, services and advice provided by Meadow Frost. to the Customer and shall include without limitation the importing, sale, repair, servicing and maintenance of food equipment and all charges for labour, hire charges, insurance charges, or any fee or charge associated with the supply of Goods and Services by Meadow Frost. to the Customer. 1.5 “Price” shall mean the cost of the Goods and Services as agreed between Meadow Frost. and the Customer and includes all disbursements e.g. charges Meadow Frost. pay to others on the Customer's behalf subject to clause 4 of this contract.
2.1 Any instructions received by Meadow Frost. from the Customer for the supply of Goods and Services shall constitute a binding contract and acceptance of the terms and conditions contained herein.
COLLECTION AND USE OF INFORMATION
3.1 The Customer authorizes Meadow Frost to collect, retain and use any information about the Customer, for the purpose of assessing the Customer’s credit worthiness, enforcing any rights under this contract, or marketing any Goods and Services provided by Meadow Frost to any other party.
3.2 The Customer authorizes Meadow Frost to disclose any information obtained to any person for the purposes set out in clause 3.1.
3.3 Where the Customer is a natural person the authorities under clauses 3.1 and 3.2 are authorities or consents for the purposes of the Privacy Act 1993.
4.1 Where no price is stated in writing or agreed to orally the Goods and Services shall be deemed to be sold at the current amount as such Goods and Services are sold by Meadow Frost at the time of the contract.
4.2 The price may be increased by the amount of any reasonable increase in the cost of supply of the Goods and Services that is beyond the control of Meadow Frost between the date of the contract and delivery of the Goods and Services.
5.1 Payment for Goods and Services shall be made in full on or before the 20th day of the month following the date of the invoice (“the due date”).
5.2 Interest may be charged on any amount owing after the due date at the rate of 2.5% per month or part month.
5.3 Any expenses, disbursements and legal costs incurred by Meadow Frost in the enforcement of any rights contained in this contract shall be paid by the Customer, including any reasonable solicitor’s fees or debt collection agency fees.
5.4 Receipt of a cheque, bill of exchange, or other negotiable instrument shall not constitute payment until such negotiable instrument is paid in full.
5.5 A deposit may be required.
6.1 Where a quotation is given by Meadow Frost for Goods and Services:
6.1.1 Unless otherwise agreed the quotation shall be valid for thirty (30) days from the date of issue; and
6.1.2 The quotation shall be exclusive of goods and services tax unless specifically stated to the contrary;
6.1.3 Meadow Frost reserve the right to alter the quotation because of circumstances beyond its control.
6.2 Where Goods and Services are required in addition to the quotation the Customer agrees to pay for the additional cost of such Goods and Services.
7.1 The Goods and Services remain at the customers risk even whilst Meadow Frost is in possession.
7.2 The Customer assumes all responsibility for carriage of equipment. Meadow Frost will not be liable for any damage arising from carriage to or from Meadow Frost’s premises or whilst at Meadow Frost’s premises. Carriage of equipment remains at the risk of the Customer at all times, and never at the risk of CTS.
7.3 The time agreed for delivery shall not be an essential term of this contract unless the Customer gives written notice to Meadow Frost making time of the essence.
7.4 Where Meadow Frost delivers Goods and Services to the Customer by instalments and Meadow Frost fails to deliver or supply one or more instalments the Customer shall not have the right to cancel the contract but shall have the right to claim compensation as a severable breach.
8.1 The Customer authorises Meadow Frost to contract either as principal or agent for the provision of Goods and Services that are the matter of this contract.
8.2 Where Meadow Frost enters into a contract of the type referred to in clause 8.1 it shall be read with and form part of this agreement and the Customer agrees to pay any amounts due under that contract.
TITLE AND SECURITY (PERSONAL PROPERTY SECURITIES ACT 1999)
9.1 Title in any Goods and Services supplied by Meadow Frost passes to the Customer only when the Customer has made payment in full for all Goods and Services provided by Meadow Frost and of all other sums due to Meadow Frost by the Customer on any account whatsoever. Until all sums due to Meadow Frost by the Customer have been paid in full, Meadow Frost has a security interest in all Goods and Services.
9.2 If the Goods and Services are attached, fixed, or incorporated into any property of the Customer, by way of any manufacturing or assembly process by the Customer or any third party, title in the Goods and Services shall remain with Meadow Frost until the Customer has made payment for all Goods and Services, and where those Goods and Services are mixed with other property so as to be part of or a constituent of any new Goods and Services, title to these new Goods and Services shall deemed to be assigned to Meadow Frost as security for the full satisfaction by the Customer of the full amount owing between Meadow Frost and Customer.
9.3 The Customer gives irrevocable authority to Meadow Frost to enter any premises occupied by the Customer or on which Goods and Services are situated at any reasonable time after default by the Customer or before default if Meadow Frost believes a default is likely and to remove and repossess any Goods and Services and any other property to which Goods and Services are attached or in which Goods and Services are incorporated.
Meadow Frost shall not be liable for any costs, damages, expenses or losses incurred by the Customer or any third party as a result of this action, nor liable in contract or in tort or otherwise in any way whatsoever unless by statute such liability cannot be excluded. Meadow Frost may either resell any repossessed Goods and Services and credit the Customer’s account with the net proceeds of sale (after deduction of all repossession, storage, selling and other costs) or may retain any repossessed Goods and Services and credit the Customer’s account with the invoice value thereof less such sum as Meadow Frost reasonably determines on account of wear and tear, depreciation, obsolescence, loss or profit and costs.
9.4 Where Goods and Services are retained by Meadow Frost pursuant to clause 9.3 the Customer waives the right to receive notice under s.120 of the Personal Property Securities Act 1999 (“PPSA”) and to object under s.121 of the PPSA.
9.5 The following shall constitute defaults by the Customer:
9.5.1 Non payment of any sum by the due date.
9.5.2 The Customer intimates that it will not pay any sum by the due date.
9.5.3 Any Goods and Services are seized by any other creditor of the Customer or any other creditor intimates that it intends to seize Goods and Services.
9.5.4 Any Goods and Services in the possession of the Customer are materially damaged while any sum due from the Customer to Meadow Frost remains unpaid.
9.5.5 The Customer is bankrupted or put into liquidation or a receiver is appointed to any of the Customer’s assets or a landlord distains against any of the Customer’s assets.
9.5.6 A Court judgment is entered against the Customer and remains unsatisfied for seven (7) days.
9.5.7 Any material adverse change in the financial position of the Customer.
SECURITY INTEREST FOR SERVICE PROVIDERS
10.1 The Customer gives Meadow Frost a security interest in all of the Customer’s present and after-acquired property that CTS has performed services on or to or in which goods or materials supplied or financed by Meadow Frost have been attached or incorporated.
11.1 Meadow Frost may in its discretion allocate any payment received from the Customer towards any invoice that Meadow Frost determines and may do so at the time of receipt or at any time afterwards and on default by the Customer may reallocate any payments previously received and allocated. In the absence of any payment allocation by Meadow Frost, payment shall be deemed to be allocated in such manner as preserves the maximum value of Meadow Frost’s purchase money security interest in the Goods and Services.
12.1 The Customer agrees that Meadow Frost may exercise a general lien against any Goods and Services or property belonging to the Customer that is in the possession of Meadow Frost for all sums outstanding under this contract and any other contract to which the Customer and Meadow Frost are parties.
12.2 If the lien is not satisfied within seven (7) days of the due date Meadow Frost may, having given notice of the lien at its option either:
12.2.1 Remove such Goods and Services and store them in such a place and in such a manner as
Meadow Frost shall think fit and proper and at the risk and expense of the Customer; or
12.2.2 Sell such Goods and Services or part thereof upon such terms as it shall think fit and apply the proceeds in or towards discharge of the lien and costs of sale without being liable to any person for damage caused.
DISPUTES AND RETURN OF GOODS
13.1 No claim relating to the Goods and Services will be considered unless made within seven (7) days of delivery.
13.2 No Goods will be accepted for return without the prior consent of Meadow Frost.
14.1 The Consumer Guarantees Act 1993, the Fair Trading Act 1986 and other statutes may imply warranties or conditions or impose obligations upon Meadow Frost which cannot by law (or which can only to a limited extent by law) be excluded or modified. In respect of any such implied warranties, conditions or terms imposed on Meadow Frost, Meadow Frost’s liability shall, where it is allowed, be excluded or if not able to be excluded only apply to the minimum extent required by the relevant statute.
14.2 Except as otherwise provided by clause 14.1 Meadow Frost shall not be liable for:
14.2.1 Any loss or damage of any kind whatsoever, arising from the supply of Goods and Services by Meadow Frost to the Customer, including consequential loss whether suffered or incurred by the Customer or another person and whether in contract or tort (including negligence) or otherwise and irrespective of whether such loss or damage arises directly or indirectly from Goods and Services provided by Meadow Frost to the Customer; and 14.2.2 The Customer shall indemnify Meadow Frost against all claims and loss of any kind whatsoever however caused or arising and without limiting the generality of the foregoing of this clause whether caused or arising as a result of the negligence of Meadow Frost or otherwise, brought by any person in connection with any matter, act, omission, or error by Meadow Frost its agents or employees in connection with the Goods and Services.
15.1 Manufacturer’s warranty applies where applicable.
15.2 are required by the Customer and shall not be liable if they are not.
CONSUMER GUARANTEES ACT
16.1 The guarantees contained in the Consumer Guarantees Act 1993 are excluded where the Customer acquires Goods and Services from Meadow Frost for the purposes of a business in terms of section 2 and 43 of that Act.
PERSONAL GUARANTEE OF COMPANY DIRECTORS OR TRUSTEES
17.1 If the Customer is a company or trust, the director(s) or trustee(s) signing this contract, in consideration for Meadow Frost agreeing to supply Goods and Services and grant credit to the Customer at their request, also sign this contract in their personal capacity and jointly and severally personally undertake as principal debtors to Meadow Frost the payment of any and all monies now or hereafter owed by the Customer to Meadow Frost and indemnify Meadow Frost against non-payment by the Customer. Any personal liability
of a signatory hereto shall not exclude the Customer in any way whatsoever from the liabilities and obligations contained in this contract. The signatories and Customer shall be jointly and severally liable under the terms and conditions of this contract and for payment of all sums due hereunder.
18.1 Meadow Frost shall not be liable for delay or failure to perform its obligations if the cause of the delay or failure is beyond its control.
18.2 Failure by Meadow Frost to enforce any of the terms and conditions contained in this contract shall not be deemed to be a waiver of any of the rights or obligations Meadow Frost has under this contract.
18.3 If any provision of this contract shall be invalid, void or illegal or unenforceable the validity existence, legality and enforceability of the remaining provisions shall not be affected, prejudiced or impaired.