This agreement is made between the Applicant and Wolseley Canada Inc and their successors and assigns, it being understood that Wolseley Canada Inc carries on business under various trade names.
All invoices will be paid in accordance to the terms stated on each invoice. Accounts not paid within terms shall be deemed to be “overdue accounts”
Invoices and Statements of Accounts will be considered correct if no exceptions are reported in writing within 30 days from the date of the invoice or statement.
Interest at a rate of 2% per month, 26.8% per annum, may be charged on all overdue balances and this rate will apply to both pre and post judgment balances. The applicant hereby agrees to pay all such charges arising on this account.
All changes in the applicants company's structure and/or its owners and shareholders will be immediately reported to Wolseley in writing.
Should we use the services of a lawyer to collect your overdue balance, the Applicant agrees to pay for such legal services on a solicitor and his own client basis
Permission must be obtained before returning goods for credit. A restocking charge may apply.
There are no warranties or guarantees applicable to goods except as given in writing by us or by the supplier/manufacturer.
In the event that the Applicant purchases materials pursuant to this Application and supplies or incorporates materials in respect of an improvement pursuant to the provincial
Builders' Lien Act THEN THE APPLICANT ACKNOWLEDGES that the materials have been purchased pursuant to a prevenient arrangement and that one continuing contract is deemed to be in place
The Customer agrees the title to goods supplied by us shall remain our property until the Applicant has paid for the goods in full. We shall have a continuing purchase money security interest in all such goods and their proceeds to secure the performance by the Applicant of all its obligations to us. The Applicant waives the right to receive a copy of any financing statement and verification statement and acknowledges receipt of a copy of this Agreement.
If two or more persons are liable under this Agreement, their obligation shall be joint and several.
It is the responsibility of the registrant and the principals of the registering company to update our records and to delete any users that are no longer needed or authorized.