Laserbean – Terms of Trading
Not the most exciting of reading, we know. Important nevertheless, so is worth a read through before you do business with us. Thanks!
1.1 LaserBean is a sole trading business and VAT is not charged on items bought from us.
1.2 Our quotations lapse after 30 days (unless otherwise agreed).
1.3 The price quoted excludes delivery (unless otherwise stated).
1.4 Unless otherwise stated, the price quoted is an illustrative estimate only and the price charged will be our price current at the time of delivery.
1.5 Rates of tax and duties on the goods will be those applying at the time of delivery.
1.6 At any time before delivery we may adjust the price to reflect any increase in our costs of supplying the goods.
2.1 All delivery times quoted are estimates only and may have to delay delivery due to circumstances outside our control.
2.2 If we fail to deliver within a reasonable time, you may (by informing us in writing) cancel the contract, however:
2.2.1 You may not cancel if we receive your notice after the goods have been dispatched or manufactured for you; and
2.2.2 If you cancel the contract, you can have no further claim against us under that contract.
2.3 If you accept delivery of the goods after the estimated delivery time, it will be on the basis that you have no claim against us for delay (including indirect or consequential loss, or increase in the price of the goods).
2.4 We may deliver the goods in instalments. Each instalment is treated as a separate contract.
2.5 We may decline to deliver if:
2.5.1 We believe that it would be unsafe, unlawful or unreasonably difficult to do so; or
2.5.2 The premises (or the access to them) are unsuitable for our vehicle.
2.6 If you unreasonably refuse delivery we may charge you for the cost of the delivery.
2.7 You are responsible for providing (at your cost) sufficient labour and materials for the unloading and we may charge you extra if the delivery takes longer than it would otherwise would have because you failed to do so.
2.8 If delivery does not take place because of the reasons in clauses 2.5 to 2.6 inclusive we reserve the right to store the goods at your expense and sell the goods after a period of three months’ storage to recover our costs.
3 Payment terms
3.1 Upon agreement of quotation, 50% of the quotation value is paid to us prior to commencement of the project. 50% is paid on satisfactory completion of the project.
3.2 You are to pay us in cash on delivery or otherwise in cleared funds, unless you have an approved credit account.
3.3 If you have an approved business credit account, payment is due no later than 30 days from the end of the month after in which the goods are delivered unless otherwise agreed in writing.
3.4 If you fail to pay us in full on the due date:
3.4.1 We may suspend or cancel future deliveries;
3.4.2 We may cancel any discount offered to you;
3.4.3 You must pay us interest at the rate equivalent to that set for the purposes of s6 of the Late Payment of Commercial Debts (Interest) Act 1998:
- Calculated (on a daily basis) from the date of our invoice until payment;
- Compounded on the first day of each calendar month; and
- Before and after any judgment (unless the court orders otherwise).
3.5 If you have an approved credit account, we may withdraw it or reduce your credit limit or bring forward your due date for payment. We may do any of those at any time without notice.
3.6 You do not have the right to set off any money you may claim from us against anything you may owe us.
3.7 While you owe money to us, we have a lien on any of your property in our possession.
3.8 You are to indemnify us in full and hold us harmless from all expenses and liabilities we may incur (directly or indirectly and including legal costs on a full indemnity basis) following any breach by you of any of your obligations under these terms
4.1 Until you pay all debts you may owe us:
4.1.1 All goods supplied by us remain our property;
4.1.2 You must store them so that they are clearly identifiable as our property;
4.1.3 You must insure them (against the risks for which a prudent owner would insure them) and hold the policy on trust for us;
4.1.4 You may use those goods and sell them in the ordinary course of your business, but not if:
- We revoke that right (by informing you in writing); or
- You become insolvent.
4.2 You must inform us (in writing) immediately if you become insolvent.
4.3 If your right to use and sell the goods ends you must allow us to remove the goods.
4.4 We have your permission to enter any premises where the goods may be stored:
4.4.1 At any time, to inspect them; and
4.4.2 After your right to use and sell them has ended, to remove them, using reasonable force if necessary.
4.5 Despite our retention of title to the goods, we have the right to take legal proceedings to recover the price of goods supplied should you not pay us by the due date.
4.6 You are not our agent. You have no authority to make any contract on our behalf or in our name.
5 Indemnities and Warranties
5.1 You represent and warrant to us in relation to any images submitted to Laserbean, that the image does not contain or infringe the intellectual property rights (copyright, trademark, brand etc) of any third parties and that you have the right to market and license the image.
5.2 You agree to keep us indemnified against all claims, actions, losses and expenses of any nature which we may suffer or incur or for which we may become liable in respect of or arising out of these terms or the services.
5.3 You will hold Laserbean harmless from any third-party claim for intellectual property infringement in relation to any content.