Terms and Conditions of Sale
Venbeck (registration number 1992/019624/23) (“Venbeck”, “we”, “us”, “our”) to any customer (“you”, “your”, “the Applicant”). By completing our customer application form or placing any order, you confirm that you have read, understand and agree to be bound by these Terms. These Terms apply to every sale and order, whether on credit or cash/pre-paid basis.
1. Application of Terms
No document or terms you submit can amend or override these Terms unless agreed to in writing by a duly authorised representative of Venbeck. In the event of any conflict, these Terms prevail.
2. Credit Facilities
Credit terms are granted only in writing by Venbeck. If no written confirmation is received, all orders are on a cash-on-delivery (COD) or pre-paid basis.
3. Payment
- You must pay all amounts due on or before the due date.
- If any amount remains unpaid, the full balance becomes immediately due and payable without notice.
- Interest will be charged on overdue amounts at the prime overdraft rate charged by Venbeck’s bankers.
- All payments are allocated first to legal/collection costs, then to interest, and finally to capital.
4. Default and Stop Supply
In the event of any default, Venbeck may immediately place you on “stop supply” without notice, even if you have already placed an order.
5. Legal Costs
You are liable for all legal fees, collection charges and tracing agent fees on an attorney-and-client scale. These costs are recoverable even before judgment.
6. Jurisdiction
You consent to the jurisdiction of the Magistrate’s Court for any legal proceedings. Venbeck may, however, institute proceedings in any competent High Court if it chooses.
7. Delivery and Risk
- Delivery or collection by your appointed carrier is deemed delivery to you.
- Risk in the goods passes to you on delivery or collection. You are responsible for insuring the goods thereafter.
- Ownership of all goods remains solely with Venbeck until full payment has been received.
8. Amendments and Variations
No amendment, cancellation or variation of these Terms is valid unless it is reduced to writing and signed by both parties.
9. Domicilium and Notices
You choose your registered office address (as stated on your application) as your domicilium citandi et executandi for all notices and legal processes. You must notify us in writing of any change of address.
10. No Waiver
Any indulgence or relaxation granted by Venbeck does not constitute a waiver of its rights and is not a novation of these Terms.
11. Credit Standing
You must advise Venbeck in writing within 7 days of any event that may affect your credit standing.
12. Warranties and Representations
No warranties, representations or guarantees have been made by Venbeck except as expressly contained in these Terms. You confirm that you are duly authorised to enter into transactions with us.
13. General
- These Terms constitute the entire agreement between you and Venbeck.
- We may at any time obtain bank and trade references and perform credit checks.
- You consent to the jurisdiction and terms of the Deed of Suretyship and POPIA agreement where applicable.
These Terms are subject to change. The version in force at the time of each order will apply. For the most up-to-date version, please refer to our website or request a copy from us.