TERMS & CONDITIONS

1

TRADE PRICES

a

These are quoted per unit excluding VAT and subject to quantity allowances as listed.

b

All goods are offered subject to remaining unsold and we reserve the right to alter prices/vintages without notice.

2

CREDIT ACCOUNTS

a

All accounts must be settled before the end of the month following the date of invoice provided that, in the event of a customer not having settled a previous account or any part thereof, the invoice rendered is payable forthwith. If accounts are not settled within our terms we reserve the right to charge interest on overdue accounts at he rate of 2% per month for each month or part thereof.

b

A charge will be made for each cheque unpaid by the customer’s bank. In the case of cheques returned marked “Please Represent”, the charge will be made each time the cheque is returned. Cash received will be applied to clear these and interest charges before invoices for goods, which will be cleared in chronological order.

3

TITLE

a

The goods shall remain the Seller’s property until the Buyer has paid all sums due from it to the Seller. Until that time the Buyer shall hold them as bailee, store them in such way that they can be identified as the Seller’s property and keep them separate from the Buyer’s own property and the property of any other person.

b

Although the goods remain the Seller’s property until paid for, they shall be at the Buyer’s risk from the time of delivery and the Buyer shall insure them against loss or damage accordingly (and in the event of such loss or damage shall hold the proceeds of such insurance on behalf of the Seller as trustee for the Seller).

c

The Buyer’s right to possession of the goods shall cease if:

i

The Buyer has not paid for the goods in full by the expiry of the credit period allowed by this contract; or

ii

The Buyer is declared bankrupt or makes any propasal to his creditors for a composition or other voluntary arrangement; or

iii

A receiver, liquidator or administrator is appointed in respect of the Buyer’s business.

d

On cessation of the Buyer’s right to possession of the goods in accordance with this clause, the Buyer shall at his own expense make the goods available to the Seller to repossess them.

e

The Buyer hereby grants the Seller, his agents and employees an irrevocable licence to enter any premises where the goods are stored in order to repossess them or inspect them at any time.

f

In the event that the exercise by the Seller of the rights conferred by this clause result in the Seller repossessing goods for which the Buyer has paid, the Seller may set off against any sums which become due from him on that basis, any sums due from the Buyer in respect of other contracts.

4

DELIVERY

Within our van delivery area, prices (which include delivery) are quoted for a minimum of twelve bottles or equivalent. Spring and Mineral Waters or beers cannot be delivered outside our van delivery area without extra charge.

5

CLAIMS

No claims for losses or breakages will be allowed unless notified to ourselves (and Carrier if appropriate) by telephone, email or fax at the time of delivery and in writing within three days of receipt of goods.

6

SALE OR RETURN

Goods may be purchased on a ‘Sale or Return’ basis but we reserve the right to surcharge returns by a service charge of 2.5%.

7

CELLARAGE

Storage charges (on application) are available per year or part year. Insurance at a purchase price is included when the wines are purchased from us. Customers who wish to insure at a replacement cost should make their own insurance arrangements. (These are generally available with business or household insurance).

1

PURCHASE CONDITIONS

Our conditions of purchase always exclude any conditions of sale of a supplier and are governed by the laws of England & Wales.

E & OE.      GM Vintners, 8/9 Norman Court, Budlake Road,  Marsh Barton,  Exeter, EX2 8PY, Devon, England