Please Return to Head Office: PO Box 300-468 Albany, Auckland (09) 476 0001 Fax: (09) 476 0090 Email: accounts@anzor.co.nz APPLICATION FOR CREDIT ACCOUNT Purchaser Details Applicant/Customer ( the customer ) Registered Trading PO Box: Rural Delivery: Tick if you are classed as a rural delivery Physical address: Email: Phone: Land: M: A/H: Fax: Purchasing contact: How did you first hear about Anzor? Rep Friend/colleague Google Other (please state): Trading As: Sole Trader Limited Company Partnership Other: What does your business do? Paid up capital: Date of Incorporation: Shareholder/Director/Principal Details Shareholder/Director/Principal: Phone (other than business): Land: Mobile: Contact Address (other than business): Shareholder/Director/Principal: Phone (other than business): Land: Mobile: Contact Address (other than business): Shareholder/Director/Principal: Phone (other than business): Land: Mobile: Contact Address (other than business): Account Department Contact Address: Email: Bank Details Current Trade References* Branch: *NB: We are unable to obtain trade references from companies which also supply fasteners. To ensure your account is opened promptly please provide referee details for other trade accounts your company currently uses (any company you purchase from regularly except phone, power, gas, and courier companies) along with a contact name and correct phone number. Please read, sign, and return the following Terms & Conditions (all six pages must be returned) Page 1 of 6
CONDITIONS OF TRADE FOR ANZOR FASTENERS 1. TERMS 1.1 Anzor Fasteners Limited ( Anzor ) and the customer accept that placement by the customer of any order with Anzor is an acknowledgment and acceptance by the customer that the contract between the customer and Anzor is to the extent permitted by law on the terms and conditions contained in these Conditions of Trade and the customer will be bound by these; 1.2 These terms and conditions shall constitute the entire terms and conditions of a contract with Anzor. All other conditions, terms, and any warranties, descriptions, representations, conditions as to fitness or suitability for any purpose, tolerance to any conditions, merchantability or otherwise and whether express or implied by law, trade, custom or otherwise and any customer s own terms and conditions (not agreed to in writing by Anzor) are expressly excluded. 1.3 The customer includes all the customer s employees, contractors, sub-contractors, agents, and any authorised by the customer to use the account. 2. PAYMENT 2.1 Unless otherwise agreed payment is due on the 20 th of the month following receipt of goods. 2.2 Without prejudice to its rights to sue for payment or exercise any other remedy where any payment is not made on the due date Anzor may: a. Re-invoice the goods at the then current full retail price; and b. Charge the customer interest on the amount outstanding at the rate of 1.5% per month calculated daily from the due date of payment until payment is received by the company. The charging of interest does not extend the time for payment or imply any forbearance to sue or otherwise prevent recovery of overdue monies; and c. Demand payment of the arrears as well as payment in advance for any undelivered goods before proceeding or making any further delivery of goods. 2.3 The customer agrees that if the customer defaults in paying any account the customer shall pay on demand all costs, charges and legal expenses (including costs between solicitor and own client) and including any collection costs incurred by Anzor in recovering payment from the customer. 3. PRICES 3.1 Prices shown are exclusive of GST. 3.2 Unless otherwise advised prices quoted are on an ex warehouse basis and freight charges are in addition to any price for goods. 3.3 Prices shown in the standard catalogue are the retail prices and a trade discount is available. The trade discount may however be rescinded at the suppliers option for late payment. POA Price on Application Special nett prices are available for bulk orders 3.4 Anzor s prices are subject to alteration without notice and the price payable by the customer for the goods ordered shall be the price agreed to between Anzor and the customer or in the absence of such agreement the price prevailing at the date the goods are despatched. The customer should confirm prices before ordering. 4. DELIVERIES 4.1 The customer must notify Anzor if the customer does not receive any order within 7 working days of the order being given by the customer to Anzor. This is to enable Anzor to re-supply the order and contact the freight company concerned in order to process a claim within the courier s claim period. If the customer fails to give notice within such period then Anzor may require the customer to pay for the goods even if the goods have not been received by the customer; 4.2 Where Anzor acknowledges an order which provides for delivery by instalments Anzor shall be entitled to payment for each instalment delivered (as if it were a separate contract) and failure to deliver any instalment shall not entitle the customer to repudiate the contract as to any instalments already delivered or any remaining instalments; 4.3 Any delivery times provided by Anzor are estimates made in good faith and are not a commitment or a binding contract to deliver by a specified time and Anzor is not bound by such estimates; 4.4 If Anzor requests information and the customer does not provide or delays that information or that information is incomplete and/or inaccurate then the customer accepts that the delivery of goods may be delayed and/or not completed or not achieved. 4.5 If the customer fails or refuses or indicates to Anzor that the customer will fail or refuse to take or accept delivery, the goods shall be deemed delivered when Anzor was willing to deliver them; 4.6 Anzor may withhold delivery at any time for any reason; 4.7 Proof of delivery will not be required from Anzor more than 60 days after the date of invoicing. 4.8 Anzor shall not be liable to the customer for any loss or damage directly or indirectly arising out of or in connection with any delay in delivery of the goods or failure to deliver goods whether such delay or failure is caused directly or indirectly by Anzor for any reason beyond its control, or by an act of god, fire, armed conflict, labour dispute, civil commotion or intervention of government or otherwise. 5. RETURNS 5.1 a. Goods will only be accepted for credit if returned in accordance with these conditions and are returned within 14 days of date of delivery accompanied by a request for credit quoting the original invoice/packing slip number, the purchase order number, date and reason for return. b. Prior notification of the return of goods is required and the acceptance of such goods does not imply an agreement to issue a credit note. 5.2 Returns are subject to inspection and approval and will attract a handling and restocking charge. Freight will be at the expense of the customer unless the goods were supplied incorrectly. 5.3 No credit will be allowed for:- Page 2 of 6
CONDITIONS OF TRADE FOR ANZOR FASTENERS a. Goods which have been specially procured. b. Goods which are specially manufactured or cut to the specifications of the customer. c. Goods which have been used, modified or damaged. 6. WARRANTIES AND LIMITATION OF LIABILITY 6.1 Anzor does not warrant that any goods are fit for a particular purpose; 6.2 Unless specifically agreed in writing by Anzor, to the extent permitted by law, for all goods supplied by Anzor: a. Anzor does not warrant any goods that have been altered, repaired, installed, misused or modified in any way not previously approved in writing by Anzor; b. Where goods or services are provided for a business all warranties, descriptions, representations or conditions whether implied by law, trade, custom or the Consumer Guarantees Act 1993 or otherwise are expressly excluded; c. Anzor s liability is limited to the cost of replacement or repair of any item of goods which Anzor has supplied or agreed to supply, so that Anzor s total liability for any loss or damage suffered by the customer will not exceed the price of that item of goods. 7. INSPECTION BY CUSTOMER The customer will open and check all goods supplied and report any alleged discrepancy with details of the invoice number and specifics of the claim, in writing within 7 days of the date of delivery. Any claims made outside this time will not be accepted for credit. 8. RETENTION OF TITLE 8.1 Ownership and title to the goods shall not pass to the customer until Anzor has received payment in full of all monies owing by the customer to Anzor; 8.2 Risk of any loss, damage or deterioration of the goods shall pass to the customer on delivery of the goods to the customer s premises. 8.3 The customer acknowledges that until title to the goods passes to the customer in accordance with this clause: a. The customer holds the goods as bailee of Anzor and that a fiduciary relationship exists between the customer and Anzor; b. The customer shall store the goods separately and in a manner so that they are clearly identified as the property of Anzor. c. Anzor shall be entitled at any time to demand the return of the goods and shall be entitled without notice to the customer and without liability to the customer to enter any premises occupied by the customer to search for and remove the goods. 9. REPRESENTATION OF PRODUCT IN CATALOGUE AND OTHER INFORMATION While the information (including product pictures) in the Anzor catalogue endeavours to be accurate, specific details/features may vary from that which is represented. If your specifications are critical, please ask for clarification. Anzor will not be liable in the case where loss arises as a result of goods being different from that which is represented in the Anzor catalogue and other information. 10. SUITABILITY FOR USE IS CUSTOMER S RESPONSIBILITY Any advice provided by Anzor and/or its staff including recommendations and/or suggested alternatives does not imply or constitute or warrant the suitability of an item of goods for a particular application or purpose or a guarantee of performance or legal compliance, and to the extent permitted by law, Anzor will not be liable for any loss or damage suffered by the customer which arises as a result of any advice from Anzor to the customer. The customer is solely responsible for the selection of an item of goods and by purchasing the customer agrees it is satisfied as to the suitability of an item of goods and its use. 11. SUPPLY OF STAINLESS STEEL GRADES 11.1 Most manufacturers will manufacture in a stainless steel that is very close to 304 in composition but which may have certain small differences to enhance ease of production. Such grades are AISI 302HQ and AISI 305 and Anzor may at its option supply these as a substitute for 304 without prior notification. 11.2 Due allowance shall be made by the customer for variations as a result of manufacturer s tolerances and Anzor does not accept any liability for such variations. 12. NO WARRANTY AGAINST CORROSION While Anzor s goods are made from high quality materials designed to be resistant to corrosive environments, unless expressly stated, Anzor does not offer any warranties regarding its good s resistance to corrosion. 13. PRIVACY By accepting these conditions and any guarantee the customer and any guarantor agree and authorise Anzor to: 13.1 Obtain from any person or company any information (including credit information) that Anzor may require for the purpose of, or as the result of any sales by Anzor; and 13.2 Disclose to any third party details of these conditions (including any credit application) and any subsequent dealings including any defaults and payments which are more than 30 days overdue. 14. GUARANTEE AND INDEMNITY Any guarantors agree that: 14.1 Each guarantor personally jointly and severally guarantees payment to Anzor of all and any sums owed by the customer to Anzor pursuant to these conditions including all payments due pursuant to the above condition 1; and 14.2 These conditions bind any guarantor; Page 3 of 6
CONDITIONS OF TRADE FOR ANZOR FASTENERS 14.3 No granting of time waiver or indulgence to the customer or failure to recover from the customer shall release any guarantor; and 14.4 As between any guarantor and Anzor each and every guarantor shall be deemed to be a principal debtor and indemnifies Anzor for any loss suffered and all sums payable to Anzor. 14.5 The person signing this application on behalf of the customer accepts full personal liability and guarantees payment by the customer. If the customer fails to make any payment or do any other thing that results in the vendor suffering loss the person signing on behalf of the customer agrees to pay all sums due and owing to Anzor. 15. SECURITY AND THE PERSONAL PROPERTY SECURITIES ACT 1999 15.1 Immediately upon signing any application for credit, the customer grants and creates in favour of Anzor: (a) A purchase money security interest ( PMSI ) in Anzor's goods with the meaning of the Personal Properties Securities Act 1999 ( PPSA ) and; (b) The right to register a financing statement under the PPSA for all Anzor's goods (and for which express purpose credit has been extended) to create a purchase money security interest ( security interest ) as that term is defined in the PPSA on the terms contained in these conditions. 15.2 The customer agrees: (a) To pay Anzor's costs of registration of a PMSI and that its accounts with Anzor may be charged with the cost of registration of the PMSI and all other costs associated with perfection and enforcement of the PMSI (including Anzor's full solicitor/own client costs). (b) That the PMSI is to extend to the proceeds of any sale of Anzor's goods, any book debts arising where the customer has sold but not paid for Anzor's goods and where Anzor's goods have been mixed with any other goods a proportionate share of the mixed goods. repossession (after deducting Anzor's costs in repossessing) and the repossession and retention will immediately extinguish any rights and/or interest the customer has in Anzor's goods. 15.4 The customer indemnifies Anzor for any claims (including legal costs) against Anzor including any claims as a result of any default by the customer, for Anzor s repossession and retention and any attempts to repossess retain or enforce Anzor s rights in relation to goods supplied by Anzor and for any claims brought by any third party. 15.5 The customer acknowledges that Anzor may allocate any monies it receives from the customer towards debts, charges and expenses (including legal costs incurred by Anzor) in any priority Anzor determines to maintain the PMSI in goods supplied by Anzor. 16. SERVICE Service may be affected by either party, by leaving documents at the registered office or the other party's last known address or last known delivery address or by post by registered letter addressed to that party at any such address or by delivering any document to any person who is named on any public register or as a director. If a party changes its address it shall notify the other party of the change of address and until it does so service may be validly affected at the last address as known in accordance with this clause, 17. GENERAL MATTERS The customer shall do all things necessary including sign all documents and provide all information necessary to provide Anzor with any rights and security referred to in these conditions and to give effect to and protect Anzor's rights under these conditions. 18. GOVERNING LAW The laws of New Zealand shall govern these Conditions of Trade. The customer and Anzor agree to submit to the jurisdiction of the courts of New Zealand. 15.3 To the extent permitted by law and so far as permitted by s107 of the PPS Act by these conditions: (a) The customer contracts out of and waives the customer's rights under s114, s120 and s133 of the PPSA including the right to receive any notices. (b) The customer waives its rights to receive a verification statement in respect of any financing statement or financing change statement registered by Anzor. (c) The customer agrees to Anzor exercising its rights under s109 and s120 concurrently and to Anzor retaining any repossessed goods immediately so that Anzor s rights under s123 of the PPSA shall become effective immediately upon repossession. (d) The customer agrees that repossession and retention of Anzor's goods under s120-123 of the PPSA will only satisfy so much the customer s debt to Anzor as is equivalent to Anzor's estimation of the market value of Anzor's goods in the condition Anzor's goods are in at the date of Page 4 of 6
APPLICANT/CUSTOMER AGREEMENT The Applicant/Customer ( the customer ) and the person (must be a director or shareholder) signing this application each separately agrees, warrants, and confirms each of the following to Anzor: 1. The information provided in this Application for Credit Account is true and correct. 2. The Applicant/Customer has not withheld any information of which Anzor should be aware of in considering the Application. 3. This Application for Credit Account together with the Anzor's Conditions of Trade (outlined in this document) are the basis on which the parties agree to open a Credit Account and the Applicant/Customer has read, understands, and agrees to be bound by and accepts the above terms and conditions in the Conditions of Trade. 4. The person signing signs as a Guarantor (must be a director or shareholder) in accordance with clause 14 and by signing personally guarantees payment by the Applicant/Customer and that the person signing will pay Anzor if the customer fails to do so and indemnifies Anzor for any loss. 5. The person (must be a director or shareholder) signing has the authority to sign and bind the Applicant/Customer and if the customer is not bound to these terms the person signing indemnifies Anzor for all and any loss Anzor it suffers by supplying goods to the customer. Authorised person (must be a director or shareholder) agreeing to and confirming 1 to 6 above by signing in the space below on behalf of the Applicant/Customer: Full name Position Signature Date Please sign and return all six pages to accounts@anzor.co.nz. This application will not be accepted unless all six pages are returned. Page 5 of 6
VENDOR APPLICATION FORMS AND CUSTOMER TERMS AND CONDITIONS As company policy, we do not complete vendor application forms or agree to terms and conditions different from those contained herewith. These are the details you may require for trading purposes: Legal Company Anzor Fasteners Ltd Company Number: 588746 Entity: Head Office Address: Limited Liability Company 93 Apollo Drive, Rosedale, Auckland. 0632. Phone: 09 476 0090 GST Number: 061-591-466 Bank Account Details: 02-0278-0112699-00 Accounts email and phone: accounts@anzor.co.nz 09 476 2260 Page 6 of 6