These general terms of agreement are guidelines for ADVERTISERS  within Spot On’s stable of magazines.

The Agreement

1. The Customer hereby warrants that the information comprised in the Booking Authority hereto is true, accurate and correct and is supplied for the purpose of obtaining credit.

2. The Customer warrants that the person’s signatures appearing on this Agreement are duly authorized by the Customer to apply for credit and execute this Agreement.

3. The Customer agrees to adhere to the Terms and Conditions of this Agreement.

4. The Customer agrees that it is not entitled to any credit facilities until this Agreement has been accepted by the Supplier.

5. In the event of Spot On Publications (hereafter known as the Supplier) granting credit facilities to the Customer then the following terms shall apply:-

a)   All accounts are to be settled in full no later that the 20^th day of the month following invoice.

b)   That should the Customer default in the payment of monies due under this Agreement, then all monies due to the Supplier shall immediately become due and payable and shall be paid by the Customer within SEVEN (7) days of the date of demand and the Supplier shall be entitled to charge interest at the rate then applicable to bank overdraft on businesses of the same kind as the Customer’s plus 2% on all overdue accounts from the date of due payment until the date of actual payment.

c)   Any expenses, costs or disbursements incurred by Spot On Publications in recovering any outstanding monies including debt collection agency fees or legal fees, shall be recoverable from the Customer.

d)   The Supplier shall be entitled without notice to terminate any credit arrangements with the Customer in the event of the Customer defaulting in any of the terms and Conditions herein contained.

e)   The Supplier shall be entitled at any stage during the continuancy of this Agreement, to request such security as the Supplier shall in its discretion think fit and shall be entitled to withhold supply of any goods or credit arrangements until such security or additional security shall be obtained.

6. The signatories to this Agreement do hereby jointly or severally guarantee payment of the Customer’s account to the Supplier. This guarantee will be a continuing guarantee.

7. Change of Ownership – Registered particulars - The Customer shall no later than fourteen (14) days prior to any Alteration or Addition to the Customer’s internal structure provide full details for the proposed change, alteration or addition to the Supplier and the Customer shall be liable for any goods supplied by the Supplier after such a change, alteration or addition, unless the Supplier shall have acknowledged in writing acceptance of the intending change, alteration or addition.

8. For the purpose of this document the word “GOODS” shall mean all goods and chattels, and all charges for work and labour done, hire charges, service charges, repairs, materials, insurance charges of whatsoever nature, associated with the supply and manufacture, construction, repair of the goods supplied to the Customer and all the Terms and Conditions of this agreement shall relate to any charge herein before mentioned imposed by the Supplier to the Customer.