Payment needs to be made in full at the time of placing the order.
If the customer fails to give delivery instructions within seven days of being required to do so by the Company, the Company shall be entitled (but not bound) to store the goods at any available place, and at the Customer’s expense. Additionally, if alternative payment terms are arranged, and payment is not received within 14 days of the specified date, then any discount agreed, will be forfeited.
Please note: unless the Company (“Margolis Office Interiors Ltd.”) shall otherwise specify in writing, all goods sold by the Company shall be and remain the property of the Company until the Customer (“purchaser of the goods”) has paid all that is owing to the Company in respect of, or arising from, or in connection with, the sale of the goods under this agreement. The Customer shall hold the goods as bailee of the Company and shall keep the goods separate and clearly identifiable as the Company’s property.
In the case of resale of the goods authorised by the Company in writing, the Customer shall be deemed the Company’s agent and fiduciary, with a duty to keep the proceeds of any resale separately, and to account on respect thereof for any sums owing under the preceding Payments Clause.
Notwithstanding the goods remaining the property of the Company pursuant to the preceding Payment Clause, the risk in the goods passes on delivery to the Customer, or at its discretion.
The Customer agrees that whilst the goods remain the property of the Company, the Company may at any time enter upon the premises of the Customer (and the Customer shall procure at its own cost a similar right of entry to premises to which the goods may have been delivered) and remove the goods therefrom, provided always that no entry and removal pursuant to this clause shall vary the contractual position between the Company and the Customer.