Terms and Conditions of Trade
1. Definitions
-
“Supplier” means Ninetrees Ltd.
-
“Customer” means the applicant named in the credit application form and includes its directors, shareholders, trustees, and guarantors.
-
“Goods” means all products supplied by Ninetrees Ltd, including fresh fruit, processed goods, and related items.
2. Credit Terms
-
Credit facilities are granted at the sole discretion of Ninetrees Ltd.
-
Payment terms will be confirmed by Ninetrees Ltd upon acceptance of the credit application.
-
Ninetrees Ltd may suspend or withdraw credit facilities at any time without notice.
3. Prices and Orders
-
All prices are in New Zealand dollars and exclusive of GST unless otherwise stated.
-
Orders are subject to availability and confirmation by Ninetrees Ltd.
4. Delivery and Risk
-
Risk in the goods passes to the Customer upon delivery.
-
Delivery dates are estimates only; Ninetrees Ltd is not liable for any loss caused by delay in delivery.
5. Ownership / Retention of Title
-
Ownership of goods remains with Ninetrees Ltd until full payment is received.
-
Ninetrees Ltd reserves the right to enter the Customer’s premises and repossess goods if payment is overdue.
6. Default
-
Interest at 2.5% per month may be charged on overdue accounts.
-
All collection and legal costs incurred in recovering overdue amounts will be payable by the Customer.
-
Ninetrees Ltd may suspend supply until the account is paid in full.
7. Personal Guarantee
-
Where the Customer is a company, trust, or other entity, each director, trustee, or authorised signatory who signs the credit application agrees to act as a personal guarantor.
-
The Guarantor(s) jointly and severally guarantee the due and punctual payment of all amounts owing to Ninetrees Ltd under this agreement.
-
This guarantee is continuing and unconditional and will not be affected by:
-
any change in ownership or structure of the Customer,
-
Ninetrees Ltd granting extensions of time or variations of terms, or
-
the insolvency, liquidation, or receivership of the Customer.
-
The Guarantor(s) agree to indemnify Ninetrees Ltd for any loss suffered as a result of non-payment by the Customer.
-
This personal guarantee is a principal obligation, meaning Ninetrees Ltd can enforce it directly against the Guarantor(s) without first pursuing the Customer
-
8. Limitation of Liability
-
Ninetrees Ltd’s liability for defective goods is limited to replacement of the goods or refund of the purchase price at its discretion.
-
Ninetrees Ltd will not be liable for any indirect, consequential, or special loss or damage.
9. Privacy
-
The Customer authorises Ninetrees Ltd to collect, use, and disclose personal or credit information for the purpose of assessing this application, monitoring credit, and recovering debts.
-
Ninetrees Ltd may obtain information from credit reporting agencies and trade references and may disclose account details to such agencies.
10. Governing Law
-
These Terms and Conditions are governed by the laws of New Zealand.
-
Any disputes will be subject to the non-exclusive jurisdiction of the New Zealand courts.