Credit Account Terms & Conditions
1.1 The Buyer shall pay the Price stated in the invoice within 30 days of the date of the invoice or otherwise in accordance with any credit terms agreed between the Seller and the Buyer.
1.2 Payment must be made by the Buyer notwithstanding that delivery may not have taken place and / or that the property in the Goods has not passed to the Buyer.
1.3 If the Buyer fails to make payment within the period in sub-Clause 1.1, the Seller shall suspend any further deliveries to the Buyer and cancel any pending orders from the Buyer and make a claim for costs in recovery including Debt Collection Agency fees at 20% + VAT, interest @ 8% and a Late payment charge per invoice under The Late Payment of Commercial Debts (Interest) Act 1998 European Directive 2000/35/EC
1.4 Time for payment is of the essence of the Contract between the Seller and the Buyer.
1.5 All payments must be made in GBP Pound Sterling unless otherwise agreed in writing between the Seller and the Buyer.