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PROMO TRADE PRINT

Payment Policy

Price and Payment

5.1 The Price shall be the Seller's price as listed in the Sales Order Confirmation or such other
price as may be agreed in writing between the parties.
5.2 Where the Seller has quoted a price for the Goods other than in accordance with the Seller’s
published price list, the price quoted shall be valid for 30 days only or such lesser time as the
Seller may specify.
5.3 The Seller reserves the right, by giving notice to the Buyer at any time before delivery, to
increase the price of the Goods to reflect any increase in the cost to the Seller which is due to
any factor beyond the control of the Seller, (which can include [but will not be limited to], any
foreign exchange fluctuation, alteration of duties, significant increases in the costs of labour,
materials or other costs of manufacture), any change in the Delivery Date, quantity or
specification for the Goods which is requested by the Buyer, or any delay caused by any
instructions of the Buyer or failure of the Buyer to give the Seller adequate and /or accurate
information or instructions.
5.4 The Price is exclusive of any applicable VAT excise, sales or taxes or levies of a similar nature
which are imposed or charges by any competent fiscal authority in respect of the Goods which
the Buyer shall be additionally liable to pay the Seller.
5.5 Payment of the Price and VAT shall be due immediately on confirmation of the order and in
advance of the order being actioned or in accordance with such credit term as may have been
agreed in writing between the parties in respect of the Contract. Time for payment shall be of
the essence.
5.6 If the Buyer fails to make any payment on the due date then, without prejudice to any other
right or remedy available to the Seller, the Seller shall be entitled to:
(a) cancel or suspend any further deliveries to the Buyer;
(b) appropriate any payment made by the Buyer to such of the Goods (or any goods supplied
under any other contract between the Buyer and Seller) as the Seller may think fit
(notwithstanding any purported appropriation by the Buyer).
5.7 Interest on overdue invoices shall accrue from the date when payment becomes due from day
to day until the date of payment at a rate of 4% above the Bank of England Base Rate base
rate from time to time in force and shall accrue at such a rate after as well as before any
judgment.
5.8 Receipts will be issued upon request only.
5.9 The Seller is not obliged to accept orders from customers who have not supplied the Seller
with references to the satisfaction of the Seller.
5.10 if at any time the Seller is not satisfied as to the creditworthiness of the Buyer it may give
notice in writing to the Buyer that no further credit will be allowed to the Buyer in which
event no further goods will be delivered to the Buyer other than against cash payment and
notwithstanding condition 5.5 all amounts owing by the Buyer to the Seller shall be
immediately payable in cash.

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