Once the customer/buyer is notified that the goods are ready to be delivered, full payment of the balance owing on the invoice becomes immediately due and payable. Invoices will be considered past due if not paid within 30 days of the date that notification is given that the goods are ready to be delivered. A service charge of 2% per month (24% per annum) will be charged on past due invoices.
If collection and/or legal procedures are necessary, resulting expenses will be the responsibility of the customer/buyer.
Conditions of Sale:
ArroWhere Equipment Inc. reserves the right of ownership on all products invoiced to the customer/buyer until receipt of full payment of the sale price including the interest and service charges, if any. By placing an order with ArroWhere Equipment Inc. and accepting delivery of product from ArroWhere Equipment Inc., the customer agrees to these conditions of sale notwithstanding the absence of the customers signature. Further, the customer agrees that once the goods leave ArroWhere Equipment Inc. premises the risk of loss and obligation to insure is borne by the customer.