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Terms and Conditions

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CORCORAN WINDOW FURNISHINGS

'Hereinafter called the Company'

CONDITIONS OF SALECONTRACT EXCLUSIVELY SUBJECT TO THESE CONDITIONS

(a)  These Conditions are the only conditions to which contract for the sale of the goods to the buyer (''the Contract'') is subject. Any other conditions whether contained or referred to in catalogues, brochures or other documents of the Company or whether submitted, proposed or stipulated by the buyer in whatever form, whether written or oral are hereby expressly waived and excluded.

(b) These Conditions may not be varied except by the written consent of director of the Company.

PRICE AND PAYMENT

(a) The price of goods (''the Price'') shall be that specified in the Contract.

(b) The Company reserves the right by notice given at any time before delivery to vary the Price if, after the date of the Contract, there is an increase or decrease in the total cost of such goods to the Company arising from any cause beyond the Company's control.

(c) If any variation to the Price under Condition 2(b) shall increase the Price by more than 10 percent, over the Price ruling at the date of the Contract, the buyer may cancel the undelivered balance of the Contract by written notice of the Company, served within three days of receipt of the Company's notice under Condition 2(b).

(d) Unless expressly agreed otherwise, payment of the Price shall be made within 30 days following invoice date.

(e) If any payment is not made on or before the due date, the Company reserves the right to charge interest at 3 percent per annum above the basc-lending rate. Such interest shall run from day to day and shall accrue after as well as before any judgement and shall be compounded monthly on the amounts overdue until payment thereof.

RETENTION OF TITLE

(a) The property in the goods will remain in the Company and the buyer will hold the goods as bailee for the Company until payment in full of the Price (in the Condition referred to as ''Payment'')

(b) The buyer shall keep the goods separate and clearly identified as the property of the Company until Payment.

(c) If the buyer shall (before Payment) sell the goods to any third party (in this Condition referred to as ''the Customer'') it shall hold the proceeds of sale as the fiduciary of the Company pending Payment and shall if the Company so require authorise and direct the Customer to pay the Company all sums due to the buyer in respect of the goods so sold and assign to the Company the debt owed to the buyer by the customer.

(d) Any sale as is referred to in Condition 6(c) is authorised by the Company only if made in the ordinary course of the buyer's business.

(e) The goods shall remain the exclusive property of the Company notwithstanding that they may be converted into Products (as hereinafter defined) and all the Company's rights in the goods shall extend to Products provided that the Company's title shall not extend to any goods supplied by a third party and the Company shall not lay claim to the proceeds of sale of any goods so supplied.

(f) The Company may enter upon the buyer's premises without notice and recover the goods which have not been paid for in full and as between the buyer and the Company this Condition will constitute the authority of the buyer to the Company to enter on the premises of any other person holding the goods as the buyer's agent and on whose property the goods may be and to remove the goods.

(g) For the purpose of Condition 6(e) ''Products'' shall mean any goods supplied by the Company which become constituents of, or are converted into other products or which are subject to any manufacturing process whilst in the buyer's possession or under its control and which is the property of the Company.

TERMINATION

(a)  If the buyer commits any breach of these Conditions or if, in the opinion of the Company, the financial responsibility of the buyer becomes impaired or unsatisfactory the Company may, without prejudice to its other rights and remedies, terminate the Contract and, if the Company so elects any other contract between the buyer and the Company.

(b) The Company's right under Condition 7(a) shall be exercised by written notice to the buyer and in the event of such notice to the event of such notice being given, the Contract and (as the case may be) any such other contract, shall terminate on receipt of the notice by the buyer and the Company shall be relieved of all liability under the contract and any such contract.

FORCE MAJEURE

The Contract is subject to cancellation by the Company or to such variation as it may find necessary by reason of inability to secure labour, materials, transport or supplies or by reason of strike, lockout, trade dispute, weather conditions, hostilities, legislation, Act of God or any cause whatsoever beyond the control of the Company.

NOTICES

Any notice to be given under these Conditions may be delivered, or be sent by prepaid post sent first class, addressed to the party to be served at its registered office for the time being or (if not a company) the address for that party last know to the party giving the notice. Notices served by post (except where expressly provided otherwise) be deemed served on the second business day after the date of posting. For the purposes of this Condition 9, ''business day'' means a day on which banks are open for business in the place both of posting and of address of the notice.

MISCELLANEOUS

(a) Where the buyer has specified that the goods are to be of a certain colour or size, such specification shall be subject to reasonable commercial     variation.

(b) The Company may, at its absolute discretion, make a reasonable storage charge for custody for all goods standing to the credit of the buyer, or to the buyer's order.

(c) The Company shall, in respect of all unpaid debts from the buyer, have a general lien on all goods and property of the buyer, in the Company’s hands and shall be entitled upon the expiration of 14 days notice, to dispose of such goods or property as is thinks fit and to apply the proceeds towards such debts.

(d) Under no circumstances shall the buyer be entitled to claim right of set-off, claim or counterclaim in respect of any of the Company's obligation arising in respect of matters other than the Contract.

(e) No failure or delay by the Company in exercising any of its right under the Contract shall operate as a waiver thereof.

(f)  In the event that any of these Conditions shall become or shall be declared by any court of competent jurisdiction to be invalid or unenforceable in any way, such invalidity or unenforceability shall in no way impair or affect any other Conditions hereof all of which shall remain in full force and effect.

(g) Clause headings are for ease of reference only and do not affect construction.