Unit 6

CommerciaBusinessPark

Setter Rd

Midrand Industrial

Midrand

PO Box 1469, Sunninghill 2157

Phone 086 111 5438

CREDIT APPLICATION

Registered Name ______

Trading Name ______

Registration #______Date of Registration ______

Vat Registration No______

Status of FirmSole Trader  Close Corp Partnership (Pty) Ltd 

Limited  Other 

Please specify if other

______

Nature of Business______

Postal Address______

______

______Postal Code______

Physical Address______

______

______

______

Telephone no(s)______

Fax no(s)______

Email Address(s)______

______

______

Names of Partners/ Members/ Directors

Full Names / ID Number / Residential Address / Telephone no(s)

Contact Person for payment ______

Telephone number for Contact person for billing ______

Email Address for Contact person for billing ______

Monthly Credit Required ______

Please note: Terms are strictly 30 days from statement
Trade References
Name / Telephone no / Contact Person

Banking Details

Name of Bank ______

Branch ______

Account Name ______

Account Number ______

TERMS AND CONDITIONS FOR THE GRANTING OF CREDIT FACILITIES

  1. All articles are carried at owner’s / sender’s / receiver’s risk and Logistics 365accepts no liability for loss or damage to such property or any consequential loss or damage there from. Furthermore the client understands and acknowledges that the obligation to insure any freight / goods tendered to Logistics365 for transport is their own.
  2. Packaging of consignments is the responsibility of the Customer/ client, goods must be packed in a manner suitable for mode of transported selected (road or air), and Logistics365 will not accept responsibility for any damage to consignments as a result of inadequate packaging and insulation.
  1. Logistics 365shall have the right to refuseto accept a consignment, if such consignment is in the opinion of Logistics 365, of a fragile nature, unpacked, insufficiently packed, of high value, or high risk. Such consignments must be declared in writing via email to Logistics365 prior to dispatch of goods, to allow Logistics365 the opportunity to accept or reject the cargo and if accepted to mandate packing standards and plan correct routing / mode of transport, which it will do so in writing via email.
  2. All charges are levied according to mass or volume per consignment (whichever is the greater) and not by value of the article/s carried unless agreed to the contrary, in writing byLogistics 365.
  3. Volumetric weight is determined by multiplying the length x the breadth x the height, in cm, of an article and dividing the result by a volumetric factor. The volumetric factor for Express / Overnight items is 5000, for Economy and Road Freight items is 4000, for Airfreight items 6000 and for items traveling by Road across borders 2000, or as advised.
  4. Where the dimensions of a consignment are not available at the time of quotation, the quote will be based on weight alone as advised, the acceptor of such quotes acknowledges that they fully understand that the final charges of such consignments will be based on the greater of actual weight or volume.
  5. Logistics365 will in its sole discretion select the methods of transport and handling to be used in the Carriage, regardless of the service requested by the sender or the Client.
  6. Without derogating from the provisions of clause 1: Should it nevertheless be held that Logistics 365 has been negligent in any manner and is liable for any loss and/or damage, liability shall be limited to R20 (vat incl.) per kilogram to a maximum of R500 (vat incl.) per consignment carried. Compensation shall be limited to the lesser of the cost of replacement of lost goods or the cost of repair of damaged goods.
  7. Logistics 365liability to the Client in respect of goods in its care shall terminate on bona fide delivery to the consignee or their representative, unless the consignee, at the time of delivery brings to the attention of Logistics 365 in writing, any loss or damage to the goods.
  8. If Logistics 365 is unable for any reason to effect delivery of the goods, reasonable steps will be taken to return the goods forthwith to the Client. The Client shall be responsible for the costs of Carriage, attempted delivery and return of the goods. If Logistics 365is unable to effect return of the goods as a result of any fault on the Client’s part, Logistics 365shall be entitled to sell the goods at a market related price to defray costs incurred by it, after giving notice of such sale by registered post to the Client
  9. Logistics 365will not be responsible for consequential losses of any kind.
  10. Whilst Logistics 365 undertakes to use all reasonable endeavors to effect delivery of any goods at its receiving terminus, depot or any address at the time advertised or promised by Logistics 365 Couriers. Logistics365does not guarantee that such goods will in fact be delivered at such advertised times and without prejudice to the afore going limitations on the Logistics 365’s liability. Logistics 365disclaims any and all liability for any consequence arising from the late delivery of such goods.
  11. Where payment for carriage, or any other service rendered by Logistics 365, is made by cheque or any or any other means and such payment is not honoured on presentation, or the cheque returned “refer to drawer” through no fault of Logistics 365, the drawer/payer agrees to compensate Logistics 365, on demand for all and any additional charges incurred by Logistics 365 in recovering such payment.
  12. The customer expressly agrees that no debt owed to Kin Cora cc trading as Logistics365 shall become prescribed before the passing of a period of 6 years from the date the debt falls due.
  13. The Customer agrees that the amount due and payable to Logistics365 may be determined and proven by a certificate issued and signed any director or manager of Logistics365, whose authority need not be proven. Such certificate shall be binding and shall be prima facie proof of the indebtedness of any customer.
  14. Logtistics365 retains the right to allocate payments received from customers against customer charges invoiced at its sole discretion. Logistics 365 reserves the right to charge interest at prime plus 2.5% on overdue accounts, as well as legal and debt recovery costs.
  15. The company reserves the right to open and examine any goods tendered to fulfil security obligations at any time. Should the Customer fail to settle it’s obligation to the Company, the Company shall have the right, without notice to the Customer, to sell either by public auction or private treaty, and at its entire discretion the whole or any part of the goods and to apply the proceeds of any such sale, after deducting all expenses occurring in payment of or towards any sum due by the Customer to the Company and to pay the Customer any surplus, without interest, within sixty (60) days after such sale whereupon the Company, shall be released of all liability whatsoever in respect of the goods carried. The clause outline above shall not prejudice any common law rights in respect of non-payment by the Customer of the Companies remuneration.
  16. This agreement constitutes the sole record of the agreement between the parties. Neither party shall be bound by any express or implied term, representation, warranty, promise or the like not recorded herein.
  17. Quotes for international collections and deliveries exclude taxes and duties levied by customs authorities as well as fines demurrage charges for the late payment of these
  18. In the advent that the client is a company, trust or close corporation, the individual signing the documentoraccepting a quote on behalf of the client, in addition to binding the client shall be deemed to have bound himself/herself personally in favour of Logistics365 in solidum for the fulfillment of the client’s obligations to Logistics365.

I, ______, in my capacity as ______

have read and understood the terms and conditions below for the granting of credit facilities, and note andagree that Logistics 365’s terms of payment are 30 days net, and confirm that I am authorised to and accept the terms and conditions set out overleaf, that the information given is correct and that I consent to Kin Cora cc T/A Logistics 365 (hereafter referred to as Logistics 365) carrying out whatever checking routines it may deem necessary.

Signature ______Date ______

Place ______

Witnessed by (name) ______Date ______

Signature ______Place ______

Payments to be made electronically to the following account

Logistics 365

Account No: 62115235211

First National Bank, Rivonia

Code: 00-25-03-55

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