a) For Buyers with established credit, the terms of payment are net thirty (30) days from the date of invoice. If credit is not established, payment plus freight charges reasonably estimated by Seller shall accompany an Order.
b) Seller reserves the right to at any time revoke any credit extended to Buyer if Buyer fails to pay for any shipments when due. If, in Seller’s opinion, there is a material adverse change in Seller’s financial conditions, Seller shall have the right to suspend further shipments until Buyer furnishes adequate assurance satisfactory to Seller of Buyer’s ability to pay.
c) Payment terms are specified on Seller’s invoice (“Invoice”).
Using the Web Shop, payment can be made using any of the following methods:
Advance payment, credit card, PayPal or purchase on account
Seller shall choose which of the payment methods are available. In particular, Seller reserves the right to carry out deliveries only on payment in advance.
If payment is made by credit card, the purchase shall be charged to the card when the order is placed.
If payment is made via PayPal, Buyer will be referred to the website of the online provider PayPal during the order process. To settle the invoice amount via PayPal, Buyer must be registered with PayPal. Further information will be provided during the order process.
d) Any Invoice not paid when due shall be
(i) subject to a late payment charge of 1.5% (one point five percent) per month, or, if such rate is greater than the maximum rate permitted by applicable law, then at the highest rate allowed by applicable law until paid in full and
(ii) Buyer shall pay all costs of collection, including legal fees. Seller reserves the right to seek any additional remedies as allowed by law.
e) Cash or anticipation discounts are not allowed.
f) Delinquent account Orders will not be processed until account balance is current.