Terms & Conditions

The term “The Company” referred to in the following conditions means GM Supplies and Distribution Ltd and the Purchaser means the person, firm or company contracting with GM Supplies and Distribution Ltd.

PAYMENT TERMS

The Purchaser shall pay the prices of all Goods free of all deductions on or before the thirtieth day following the invoice date unless otherwise agreed in writing. The Company reserves the right to charge interest on overdue monies at the rate of 5% per annum above The Bank of Scotland base rate as published and varied from time to time. In addition, if the customer defaults on payment the Company reserves the right to place the matter in the hands of their debt recovery agents, without prior warnings in writing, and shall be entitled to a full reimbursement of any fees or disbursements paid to the debt recovery agents to aid recovery of monies outstanding.

PRICING VARIATION

Quotations are based on current costs of production and are subject to amendment by the Company or at any time after acceptance to meet any rise or fall in costs.

DELIVERY

The Company accepts no liability for any loss or damage whatsoever and howsoever caused resulting from any delays in the delivery in any circumstances.

UNFORSEEABLE CIRCUMSTANCES

The Company shall not be responsible for any failure to fulfil any terms of its quotation, if fulfilment has been delayed, hindered or prevented by any circumstances whatsoever which are not within its immediate control, such as strikes, lockouts, fire, accidents, wars, riots or interruption of transit.

DAMAGE OR PARTIAL LOSS

The Purchaser must notify the Company and Carrier in the event of damage or partial loss in writing, within seven days of receipt of goods or materials. Any damaged goods or materials must be retained by the Purchaser until inspected by the Company or its representatives. In the absence of such written advice from the Purchaser to the Company and the Carrier, the gods will be deemed to have been received in a satisfactory condition.

NON-RECEIPT

The Purchaser must notify the Company or Carrier in the event of a non-delivery within seven days. In the absence of such written advice from the Purchaser to the Company or the Carrier, the goods will be deemed to have been received in a satisfactory condition.

OWNERSHIP

Risk

The risk in the goods passes to the purchaser upon delivery of the goods. The point of delivery is reached when the goods are delivered to the Purchasers premises or to the premises of a consignee named by the Purchaser.

Ownership

Title of the goods or materials shall not pass to the Purchaser until payment in full is received by the Company for the goods or materials and no other amounts then being outstanding from the Purchaser to the Company in respect of other goods supplied to the Purchaser by the Company.

i The Company shall have the right to recover or resell the goods or materials and by its representatives may enter upon the Purchaser’s premises for that purpose.

ii Before title has passed to the Purchaser under the terms of clause 8(b)

iii Until payment due under all Contracts between the Purchaser and the Company has been made in full, the Purchaser shall hold the goods or materials for the Company and the Purchaser shall store or keep the goods or materials in a readily identifiable manner and in such a way as clearly indicate the property remains.