LEGAL INFORMATION

Conditions of Sale

6. Risk and Property

1.

(a) The property in all goods sold shall pass to the customer when the goods, the subject of a particular contract, and all other goods, the subject of any other contract between the Company and the customer which at the time of payment of the full price of the goods sold under the first mentioned contract have been delivered to the customer but not paid for in full, have been paid for in full.

(b) The property in the goods shall remain with the Company in accordance with this condition and the Company shall be entitled to re-delivery of the goods in accordance with sub-clause(c) below notwithstanding the subjection of the goods
to any process, addition, admixture, or treatment, whether by way of manufacture or otherwise, and whether by the customer or others.

(c) The Company shall (without prejudice to its other rights hereunder) be entitled at any time after the due date for payment, or before such date in the event that serious doubts arise as to the customers solvency, in the Company’s absolute discretion to give notice to the customer to pay within seven days in full amount unpaid in respect of such goods as shall than have already  been delivered to the customer under these conditions and if on the expiration of that period the customer has failed to pay the full amount then outstanding the Company shall be entitled to immediate re-delivery of such goods as shall have been delivered to the customer under these conditions (but excluding any goods the title in which has already passed to the customer) and shall also be entitled to such immediate re-delivery upon the appointment of a Receiver of the whole or any part of the customer’s undertaking or the passing of a Resolution or the making of an Order to wind up the customer, for which purpose the Company shall be entitled and the customer hereby grants the Company a licence to enter upon the premises of the customer during normal business hours for the purpose of removing such goods, and to remove such goods from the customer’s premises.

(d) Should the customer while any money is due by the customer to the Company for any goods supplied by the Company to the customer sell any goods (the title in which is retained by the Company) to any purchaser from the customer who receives the same in good faith and without notice of any title, lien or other right of the Company to the goods, the customer shall receive and hold the proceeds of such sale in trust for the Company until all moneys due by the customer to the Company for any goods sold and delivered by the Company to the customer are paid for by the customer.

2.
Notwithstanding the forgoing the risk in the goods (if ascertained) shall pass to the Buyer on the date hereof. If the goods are unascertained  the risk shall pass on appropriation.

3.
If so required by the Buyer the Company shall at the expense of the Buyer, insure the goods in transit on such reasonable terms as the Buyer may request.