Classic Sportswear
ACN 003 627 923
TRADING TERMS
1. For all approved monthly credit accounts, payment of accounts must be received by Classic Sportswear no later than the 21st day of the month following the month of invoice. A monthly credit account is only available upon satisfactory completion of a credit application and subsequent approval by Classic Sportswear of a credit limit. Any extension to the credit period must be agreed in writing by an officer of Classic Sportswear at the time of the customer placing the order. Any customer without an approved credit account shall be deemed a COD account and payment in full is due on or prior to receipt of the goods.
2. A service fee of 2.5% per month or part thereof shall be payable for any account not paid in accordance with Clause 1.
3. Title (including any equitable and/or beneficial entitlement) to product shall not pass from Classic Sportswear to the Purchaser until the Purchaser has paid for the product in full.. Until the Purchaser has paid for the product in full the purchaser shall store and/or warehouse the product, the subject of each and every invoice, separate and distinct from any other goods and/or products whether supplied by Classic Sportswear or any other party and shall clearly identify such product as having been supplied by Classic Sportswear pursuant to the relevant invoice number. If the purchaser shall sell the product prior to the payment in full, Classic Sportswear’s beneficial entitlement shall attach to the proceeds of resale or to the claim to such proceeds. The onus is upon the purchaser to show that the goods have been paid for. Whilst any amount is owing to Classic Sportswear, the purchaser grants Classic Sportswear the right to enter the premises of the Purchaser to claim and collect the product for which payment has not been made. Notwithstanding anything herein contained, the risk shall pass to the Purchaser Ex-Works unless otherwise instructed provided packaging, crating and quality of the product are to specification
4. All orders are construed as being placed at Surry Hills, Sydney and are subject to acceptance by Classic Sportswear.
5. No order can be cancelled once production has commenced.
6. The customer warrants that it is authorised to use any design which it instructs Classic to use. The customer indemnifies Classic Sportswear against any claim, loss or damage made against or suffered by Classic Sportswear as a result of breach of the warranty herein.
7. Any change in the structure and/ or ownership of the business or company will be notified to Classic Sportswear within seven days.
8. The purchaser indemnifies Classic Sportswear against any loss incurred by it due to any change in the structure and/or ownership of the purchaser unless written advice is received by Classic Sportswear prior to the first delivery of goods after any change.
9. The purchaser agrees to be bound by these terms and conditions and those current at the time of placing any order.
10. Any Claims or return of goods must be within 7 days of purchase
Classic Sportswear verifies that outworkers are not used in production of our apparel. Hota Pty Ltd is under an exclusive contract for manufacture. Apparel made by Classic Sportswear or Hota in Australia is made at 1a Hordern Place, Camperdown, NSW.