10. General
10.1 Applicable Law/Unenforceability
10.1.1 The law applying to any contract arising between Speedy Signs and the Buyer shall be the law of New Zealand.
10.1.2 In the event that any provision contained in these Terms and Conditions, or in any other collateral agreement or document between Speedy Signs and the Buyer is deemed illegal or unenforceable, then such provision shall be deemed to be excluded therefrom, but only to the extent required to remedy the illegality or unenforceability, and these terms and conditions, and such collateral document shall in all other respects apply in accordance with their stated terms.
10.2 Assignment
10.2.1 Speedy Signs is entitled at any time to assign to any other party all or any part of a debt which is owing to Speedy Signs.
10.2.2 Speedy Signs may also assign or sub-contract any part of the work which is to be performed under any contract.
10.2.3 In respect of such assignment (in either case) the assignee shall be entitled to the full rights of Speedy Signs previously applying.
10.3 Set-Off
10.3.1 Speedy Signs (or any such assignee) shall be entitled to set off against any monies which may be or may be alleged to be owing to the Buyer, the amount of any debt incurred or payable by the Buyer to Speedy Signs, or to such assignee.
10.4 Waiver
10.4.1 All rights, powers and entitlements of Speedy Signs at law in respect of any contract shall remain in full force, notwithstanding any neglect, forbearance, delay, or waiver by Speedy Signs in enforcing them.
10.4.2 In the event that Speedy Signs waives or is deemed to have waived any condition, then unless such waiver is in writing and signed by the director of Speedy Signs, no such waiver shall be accepted. If accepted, such waiver shall apply only to the extent that it is specifically given, and shall not be deemed to affect any other dealing or matter between the Buyer and Speedy Signs.
10.5 Authority to Sign
10.5.1 The person signing any quotation on behalf of the Buyer acknowledges that they have authority to bind the Buyer.
10.5.2 In the event that, due to alleged deficiency in such authority, the Buyer is not liable then the person signing will be personally liable for payment of the debt arising.
10.6 Intellectual Property Rights
10.6.1 Unless it is specifically agreed in writing to the contrary Speedy Signs retains all intellectual property rights, including copyright, patents, registered designs, or protection of confidential information in respect of any works undertaken by Speedy Signs for the Buyer.
10.6.2 The Buyer will at all times keep Speedy Signs advised of any infringement or potential infringement by a third party of Speedy Signs' intellectual property rights.
10.6.3 The Buyer will also immediately advise Speedy Signs of any alleged infringement by Speedy Signs of a third party's intellectual property rights. The Buyer will indemnify and hold harmless Speedy Signs against any losses, costs, actions or liabilities suffered or incurred as a consequence of such infringement or alleged infringement.
10.7 Right of Variation
10.7.1 Speedy Signs reserves the right at any time to vary these Terms and Conditions of Sale, by notification to its customers.
10.8 Disputes
10.8.1 In the event of any dispute arising between Speedy Signs and the Buyer, such dispute shall in the first instance be referred to mediation for resolution.
10.8.2 In the event that resolution by such manner is not achieved to the satisfaction of both parties within 30 days of referral to mediation, then either party may take legal action to resolve the dispute.
10.8.3 Nothing in this clause prevents Speedy Signs from taking legal action to enforce payment of any debt due, nor where required to seek interlocutory or injunctive relief.
10.9 Privacy Act
10.9.1 In relation to the Privacy Act 1993 the Buyer acknowledges that:
(a) Personal information collected or held by Speedy Signs may be held, used or disclosed for any of the following purposes: administering (whether directly or indirectly) contracts or enforcing rights under contracts, marketing goods and services from time to time (including through Speedy Signs' National Office or any other Speedy Signs Sign Centre), ascertaining at any time the Buyer's creditworthiness, and obtaining credit reports, character references or credit statements, enabling Speedy Signs to notify any credit agency of any application for credit or default on any obligation of the Buyer to Speedy Signs, and enabling Speedy Signs to provide such personal information to any credit agency. Also enabling Speedy Signs to communicate with the Buyer for any purpose.
(b) Such personal information (where applicable) is collected by and will be held by Speedy Signs whose address is specified in the quotation. The Buyer has the right under the Privacy Act to obtain access to, and request correction of, any personal information held by Speedy Signs.
(c) The Buyer authorises Speedy Signs at any time to obtain from any person or entity any information which Speedy Signs requires to process and/or accept any application for credit.
(d) The Buyer authorises any person to release to Speedy Signs for the purpose of establishing the Buyer's creditworthiness any personal information that person holds concerning the Buyer.
(e) If the Buyer fails to provide any information requested by Speedy Signs in respect of any application for credit, such credit may not be provided.
9.10 Personal Property Securities Act ("PPSA")
9.10.1 In respect of the security interest created by Clause 6.3 hereof:
(a) This security interest shall apply to all goods from time to time supplied by Speedy Signs to the Buyer.
(b) The Buyer shall not allow any goods subject to such security interest to become an accession to other goods.
(c) The Buyer waives its right to receive a copy of any verification statement following registration of the supplier's security interest.
(d) Speedy Signs may allocate any payment received from the Buyer against any debt owed by the Buyer, in any manner that Speedy Signs may decide, notwithstanding any purported allegation by the Buyer.
(e) Where any amount owed between the Buyer and Speedy Signs is overdue, then Speedy Signs may enter any premises at which if believes such goods are located, to seize those goods, and to dispose of them as Speedy Signs thinks fit, to apply such proceeds towards the amount then outstanding to Speedy Signs. The Buyer hereby irrevocably authorises Speedy Signs, and any of its agents or servants, to enter such premises, to locate, inspect, and/or seize such goods.
(f) At all times whilst such security interest exists, the Buyer will insure the goods for their full insurable value, noting the interests of Speedy Signs as unpaid vendor.
(g) If any goods have been resold, then the sale proceeds of such resale are held upon trust for Speedy Signs, and the Buyer will account to Speedy Signs with such proceeds.
(h) Speedy Signs will not be liable to the Buyer or any other person for the exercise of any of its rights under this clause.
(i) If Speedy Signs at any time does not have priority over all secured parties in relation to any goods then, pursuant to Section 107(1) of the PPSA, for the purposes of dealing with those goods the Buyer and Speedy Signs specifically contract out of Sections 108 and 109 of the PPSA, to the extent of replacing the words "a secured party with priority over all other secured parties", in each case, with "Speedy Signs".
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