Name of company:
Metal Centres Ltd.
5a Rampton End
CAM CB24 5JB
Tel: 01954 261369
All goods sold on 60 day account are invoiced according to our terms of trading:
Retention of Title Clause:Title to the goods shall remain vested in Metal Centres Ltd. and shall not pass to the buyer until the purchase price for the goods has been paid in full and received by Metal Centres Ltd.. Until title to the goods passes:
Metal Centres Ltd. shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of the goods;
All Monies Clause: "The risk in the goods shall pass from the Metal Centres Ltd. to the buyer upon delivery of such goods to the buyer. However, notwithstanding delivery and the passing of risk in the goods, title and property in the goods, including full legal and beneficial ownership, shall not pass to the buyer until the Metal Centres Ltd. has received in cash or cleared funds payment in full for all goods delivered to the buyer under this and all other contracts between the seller and the buyer for which payment of the full price of the goods there under has not been paid."
To comply with the terms of our credit insurers, we need to have the above two clauses acknowledged and accepted as part of our conditions of sale, of course all of the above is only relevant in the unlikely event of non payment of an undisputed debt, generally this would be due to something fairly extreme such as insolvency or voluntary liquidation.
Any damage or shortages to be notified within 24 hours of delivery.
Our credit terms are 60 days from date of invoice, account subject to our insurers approval.