Credit Application

I/we the customer acknowledge as follows:

• The agreed invoice terms are 30 days from end of month.
• Supply of goods will immediately cease after this day if account is not settled.
• Personal Guarantee indemnity: That if the customer is a company, then the Directors will execute the Personal Guarantee and Indemnity on this Application.
• Duty of Disclosure: The customer Warrants not be in receipt of any information, notice or court proceedings that may lead to Bankruptcy, Appointment of an Administrator, Controller or Managing Controller, Receiver or Receiver Manager or Liquidator, and that the Customer does not intend to enter into any scheme or arrangement with creditors either formally through a court or otherwise. Further the Customer Warrants that none of its directors have been director of a company placed in liquidation or administration, or has been declared bankrupt or entered into an arrangement, under the Bankruptcy Act 1966.
• The customer further agrees to indemnify the Supplier for any legal costs incurred by the Supplier in respect of this application, agreements, personal guarantees, securities given or other documentation required whilst credit is being offered in consequence of this application, and the Customer further agrees to indemnify the Supplier for any dishonoured cheque fees incurred and in the event that the Customer’s account is in default of the agreed trading terms to indemnify the Supplier against its collection fees and legal costs.
• The Supplier may withdraw credit facilities to the Customer at any time without notice. Without limiting the Suppliers rights to withdraw credit, the Supplier reserves the right to stop supply and place the account on hold until the account is returned to the agreed trading terms, and the Supplier agrees to recommence supply.
• Should there by a variation to any of the information supplied by the Customer in this application or in the structure of the Customers business (such as a conversion to or from a company or trust or the appointment of new directors), the supplier shall be notified in writing. Until a new Commercial Credit Application form is signed and approved in writing by the Supplier, then the original Commercial Credit Application and those person(s) who signed as guarantor(s) shall remain liable to the Supplier as though all goods and services were supplied to the original customer.
• The Supplier reserves the right to amend these trading terms provided such amendments conveyed to the customer in writing. The Customer further acknowledges that such writing will be ordinary email to the address set out in the Credit Application for business account, unless the customer advises in writing to the Supplier the new address, and this new address is acknowledged by return in writing by the supplier.
• It is the responsibility of the Customer to carefully inspect the goods immediately after they are delivered. Credit Claims will only be recognised if made in writing within two weeks of delivery. Claims outside of this period will be at the absolute discretion of the Supplier, and its decision final and binding on the customer.
• Privacy Act: By submitting this application, you authorise Doogood Surface Coatings Pty Ltd to make inquiries into the banking and business trade references that you have supplied.