| Credit Terms for 30 Day Accounts |
(Please note that for this contact AUSTRALIAN AUTOMOTIVE PARTS PTY. LTD. Will be abbreviated to AAP.)
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Unless otherwise agreed in writing credit terms are as stated below:
- At the end of each month you will receive a statement of account which clearly indícales the total your account is in debt for at the end of each month.
- At the end of the next month the balance of the statement is payable ín full and shall only be treated as being paid once payment has been received by AAP.
Should a customer not comply with these terms AAP reserves the right to action one of the following:
- Your account will be put on stop supply, until account is back in trading terms
- Without prejudice to any other rights or remedy AAP reserves the right to charge on all outstanding monies interest on daily balances until paid, at a rate of interest per annum equal to the current rate charged by the Commonwealth bank of Australia on overdraft accounts for sums up to $50,000 and such money together with all interest shall be recoverable by the seller from the buyer
I/WE WARRANT THAT THE ABOVE DETAILS ARE TRUE AND CORRECT AND ALL THE CREDIT TERMS AND CONDITIONS HAVE BEEN READ AND AGREED TO.
I CONFIRM THAT I HAVE THE AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE BUYERS / REGISTERED COMPANY / DIRECTORS / TRUST / PARTNERSHIP. |
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| I CONFIRM THAT I HAVE THE AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE BUYERS / REGISTERED COMPANY / DIRECTORS / TRUST / PARTNERSHIP. |
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