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Terms Conditions - Disclaimer

• Payment of the account is to be made by the end of the following month. Net 30 days from the date of statement.

• Credit facilities may be withdrawn on overdue accounts and or accounts exceeding credit facilities.

• Interest will be charged on all overdue accounts at the rate equal to the overdraft rate payable on loans exceeding $100,000 with National
Australia Bank plus 2%.

• Any change which affects the trading address, legal entity, structure of management or control of the applicant will be notified to Cosmo Wholesale Pty.Ltd. (Thereafter referred to as "the Company") in writing within seven (7) days of the change becoming effective.


- It is expressly agreed and declared that the title to the goods/product shall not pass to the [buyer] until payment in full of the purchase price. The [Buyer] shall in the meantime take custody of the goods/product and retain them as the fiduciary agent and bailee of the [Seller].

- The [Buyer] may resell but only as a fiduciary agent of the [seller]. Any right to bind the [seller] to any third party by contract or otherwise
is however expressly negatived. Any such resale is to be at arms length and on market terms and pending resale or utilisation in any
manufacturing or construction process, is to be kept separate on its own, properly stored, protected and insured.

- The [Buyer] will receive all proceeds whether tangible or intangible, direct or indirect of any dealing with such goods/product in trust for
[seller] and will keep such proceeds in a separate account until the liability to the [seller] shall have been discharged.

- The [Seller] is to have power to appropriate payments to such goods and accounts, as it thinks fit notwithstanding any appropriation by the [Buyer] to the contrary.

- In the event that the [Buyer] uses the goods/product in some manufacturing or construction process of its own or some third party, then the [Buyer] shall hold such part of the proceeds of such manufacturing or construction process as relates to the goods/product in trust for the [Seller]. Such part shall be deemed to equal in dollar terms the amount owing by the [Buyer] to the [Seller] at the time of the receipt of such proceeds.

• No claims for loss or damage in transit or for shortage in quantity will be entertained unless notice is given in writing within seven (7) days from date of delivery. Goods returned and accepted, as defective will be credited at invoiced value or replaced.

• Goods returned will not be accepted for return unless a written request for credit accompanies the goods upon return or prior written arrangements have been made with the Company. Goods returned shall be at the customer's expense.

• The Company will not accept liability for any loss or damage to property of any nature in respect of any failure to deliver, or delay in delivery due to any cause of whatever nature not within the control of the Company.

• Enforcement expenses may become payable under credit facility in the event of a breach. The credit applicant must pay any reasonable
expenses incurred in enforcing the agreement in the event of default.

• The Company reserves the right to use the services of credit reporting service and mercantile agent.


- All Cosmo Wholesale luminaires are warranted for 1 year from the date of installation, to be free from defects in workmanship and materialsprovided the equipment is used on proper mains voltage supply and has not been subjected to misuse. The Company will make necessary replacements of faulty component parts during this time without charge upon return to the factory. We will not be responsible for charges incurred by other parties for the rectification of our lighting equipment either during the installation period of the maintenance period unless such charges have been previously submitted and approved in writing by the Company. We reserve the right to use our own maintenance facilities for such rectification.

- This warranty does not cover any lamps, tubes, transformers, starters, control gear or other components of light fitting components that
are subject to manufacturer warranty. Furthermore, a characteristic of some plastic materials use in light fittings is discolouration through
time.

• Measurements provided are accurate at the time of publication but may vary within the manufacturing process. Users are advised to confirm exact specification prior to installation. The Company reserves the right to improve, modify or update any designs without prior notice.

• Minimum order value is $200. Orders below the minimum order value will attract a surcharge.

 

Please Note: Any specification sheets supplied are not to be used as an installation guide. Any specification sheets are subject to change without prior written or verbal notice. Non-standard colours, options and accessories may incur additional charges.