1. Definitions
Company: Refers to EAST COAST WASTE PTY LTD, its successors, assigns, and any person acting on behalf of or with the authority of EAST COAST WASTE PTY LTD.
Customer: Refers to the entity or individual applying for a credit account with the Company.
Guarantor(s): Refers to any director(s) or other persons who have agreed to be liable for the debts of the Customer.
Goods and Services: Refers to the supply of skip bin hire services and any other related products provided by the Company.
2. Credit Terms
The Company, at its sole discretion, may provide credit facilities to the Customer. The credit limit and terms may be reviewed periodically.
All invoices are due for payment within 30 days from the date of the invoice, or as per the terms of the granted credit account unless otherwise agreed upon in writing.
The Company reserves the right to suspend or withdraw credit facilities at any time without notice if the Customer fails to adhere to these terms and conditions.
3. Interest Charges on Overdue Accounts
Interest will be charged on all overdue accounts at the rate of 2% per month from the due date of the invoice until payment is received in full. This interest will compound monthly and may be added to the overdue balance at the Company’s discretion.
The Customer agrees to pay all reasonable legal costs, collection fees, and other expenses incurred by the Company in enforcing these terms or recovering overdue amounts.
4. Title and Risk
All goods and services supplied by the Company remain the property of the Company until payment in full has been received.
Risk in the goods passes to the Customer on delivery.
5. Directors' and Guarantors' Liability
If the Customer is a company or corporate entity, each director or other nominated guarantor(s) acknowledges and agrees to be personally and jointly liable, in addition to the Customer, for any debts, losses, damages, or liabilities incurred by the Customer under these terms and conditions.
The Guarantor(s) agree that their obligations under this clause are ongoing and will continue even after termination of the credit account, for as long as any amounts remain outstanding.
The Company may enforce its rights under this clause against the Guarantor(s) without first having to exhaust its remedies against the Customer.
6. Default and Termination
If the Customer fails to pay any invoice by the due date, the Company reserves the right to suspend or terminate the supply of goods and services to the Customer immediately.
In the event of default, the full balance of the Customer’s account becomes immediately due and payable, regardless of any previously agreed payment terms.
The Company reserves the right to demand immediate payment of all amounts outstanding and may take legal action to recover debts.
7. Privacy Act and Credit Reporting
The Customer and Guarantor(s) consent to the Company obtaining personal and/or credit information from a credit reporting agency or other sources for the purposes of assessing the credit application and monitoring the ongoing creditworthiness of the Customer.
The Customer and Guarantor(s) agree that personal information may be disclosed to the Company’s agents, credit reporting agencies, or debt collection agencies in the event of a default or for the purpose of maintaining the Customer's credit account.
8. Amendments
The Company reserves the right to change these terms and conditions at any time. Any changes will be effective immediately upon the Customer being notified in writing.
9. Jurisdiction
These terms and conditions are governed by the laws of Queensland, Australia, and both parties submit to the jurisdiction of the courts in that state.
10. Acceptance
By signing this Credit Application, the Customer and the Guarantor(s) agree to be bound by these Terms and Conditions.
