Please read carefully before accepting. These terms apply to all credit accounts with TasteGreece Food Trading Limited.
1. Payment Terms
The Supplier alone will set the payment terms, and the Customer shall meet the set payment terms:
- Cash on delivery: Accounts with orders under $500+GST monthly will be set for payment due at time of delivery.
- Monthly accounts: Accounts over $500+GST monthly must have payment reach the Supplier by the 20th of the month following.
2. Late Payment
Failure to make payment by the due date renders the Customer liable for an additional interest charge at the rate of 2.5% per month compounding, plus all costs of debt recovery incurred by the Supplier in the recovery of monies owed.
3. Disputes
The Customer accepts that they have five (5) working days from receipt of goods delivered or prices charged to raise any disputes; otherwise invoices as sent by the Supplier shall be acceptable and payable in full.
4. Retention of Title
Risk in goods supplied passes to the Customer on delivery. However, the goods remain the property of the Supplier and title shall not pass to the Customer until such goods have been paid for in full. If the Customer uses or sells the goods to a third party before payment in full is made, the Customer acts as agent in such sale and shall receive and hold the proceeds of sale as fiduciary for the Supplier to the extent of the indebtedness.
5. Set-Off
The Customer agrees not to set off against any payments owing to the Supplier any alleged amounts owing to the Customer, and agrees to promptly pay all accounts when due.
6. Force Majeure
The Supplier will not be liable for any losses of any kind or any delay in supplying the goods which are caused in whole or in part by force majeure or any other cause beyond its reasonable control.
7. Limitation of Liability
To the maximum extent permissible by law, the Supplier, its employees, contractors and agents, will not be liable to the Customer or any other person for loss or damage of any kind however caused. The Customer indemnifies the Supplier against all costs and losses from claims by third parties arising for any reason as a result of the Customer's resupply, use or misuse of the goods.
8. Credit Facility
The Supplier may cease supply of goods and/or close the credit facility at any time without further notice. The Supplier is not liable for any costs associated with the non-delivery of products ordered.
9. Privacy & Credit Information
Under the Privacy Act 2020 (NZ) and the Credit Reporting Privacy Code 2020, the Customer authorises the Supplier to collect, on an ongoing basis, any information required to evaluate the Customer's credit worthiness. The Customer consents to the passage of information collected on to third-party credit reporters (such as Centrix, Equifax, or illion/Experian) who may make further enquiries as to credit worthiness. Email and contact details may be entered into a database and used in promotional, marketing and publicity communications, in accordance with the Unsolicited Electronic Messages Act 2007 (the Customer may unsubscribe from marketing at any time).
10. Variation of Terms
The Supplier reserves the right, in its sole discretion, to alter these terms and conditions at any time by notice to the Customer in writing.
11. Change of Ownership
The Customer is responsible for advising the Supplier of any change in ownership or directors and remains liable for the debts in the absence of such advice.
12. Electronic Signature
The parties agree that this agreement may be signed electronically. An electronic signature applied to this agreement is valid and binding under Part 4 of the Contract and Commercial Law Act 2017 (NZ), provided it adequately identifies the signatory and indicates their approval of the agreement.
