Terms and conditions, also known as terms of service or terms of use, are a set of rules and guidelines that govern the relationship between a website, application, or organization and its users or customers
PAYMENT TERMS
a) Unless otherwise agreed, the Company's terms of payment require payment to be made prior to delivery of the Goods and immediately upon the rendering of a tax invoice for the Goods to the Customer.Details of the Company’s payment options are set out in Schedule
b) All payments shall be made free of any deductions, withholding or set-off unless otherwise agreed in writing with the Company.
c) If the Customer does not make payment as required by the Trading Terms, the Company may in its absolute discretion require the Customer to pay by way of liquidated damamges for breach of contract a default charge in relation to the unpaid amount calculated by applying an interest rate of 1.5 % per month calculated on the unpaid amount on a daily basis from the date the unpaid amount became due until the date that it is paid in full.
d) If the Customer fails to pay for any Goods or services supplied by the Company when due, then by notice to the Customer the Company may declare any amounts actually or contingently owing by the Customer to the Company to be immediately due and payable