Terms and Conditions
C&C Packing Limited Partnership will advise the customer of the line of credit granted following the analysis of the opening of the account. The monthly balance is due and payable according to the terms of sale net 14 days or the terms of sale indicated on each of the statements of accounts and invoices. It is of the very essence of this agreement that invoices be paid within the stipulated time. C&C Packing Limited Partnership, in the absence of payment, will be entitled to suspend any line of credit and delivery.
Any order, whether verbal, telephone, online, or written, from the customer via one of its employees will be considered valid and subject to acceptance by C&C Packing Limited Partnership. All confirmed orders are firm and payable according to the terms of sale. Orders are not subject to cancellation or change without the written permission of C&C Packing Limited Partnership.
All claims must be made within two (2) days of receipt of the goods. No merchandise may be returned without the prior written approval of C&C Packing Limited Partnership. In addition, administrative fees equivalent to 15% of the selling price of such merchandise may be charged to the customer. The credit note will be established according to the fluctuations of the market selling price. Handling fees may be charged for any returned merchandise when delivered as ordered.
The client accepts that any past due account will bear interest at the rate of 2% per month calculated monthly (26.84% per year).
Liquidated damages will be charged in the event that the customer fails to comply with any of the obligations assumed by him hereunder. If C&C Packing Limited Partnership should have recourse to the services of a lawyer for the protection of its rights or to assert them, the customer agrees to pay to C&C Packing Limited Partnership, an additional sum equivalent to 33% of any balance which would then be due, as liquidated damages, unless a law or regulation exempts it, this clause also applying in the event that the account is put in collection with a collection agency.
The merchandise sold will remain the property of C&C Packing Limited Partnership until full payment by the customer. In the event of the customer’s failure to pay the price, according to the terms and conditions provided for in the contract, C&C Packing Limited Partnership shall have the right, at its option, either to demand payment of any balance due on the sale price, or to repossess the goods sold, without the need for notice or legal proceedings to this end, the customer consenting thereto in advance, without any compensation or refund of sums received on the sale price, if applicable. Any loss becomes the customer’s responsibility upon the departure of the goods or services from the seller.
The parties agree by mutual agreement that the possession by C&C Packing Limited Partnership of a “Facsimile (fax copy)”, electronic or email signature of the credit agreement duly completed and signed by the customer, constitutes proof of irrefutable commitment, in the same way as if C&C Packing Limited Partnership held the copy of the original contract.
The customer grants C&C Packing Limited Partnership the rights and sureties on the products purchased and the proceeds thereof. The rights and security shall survive until full payment of the purchase price and payment and performance by the customer of all its other obligations hereunder. C&C Packing Limited Partnership is entitled to all recourse of a secured creditor after default under the Personal Property Security Act applicable in Canada as well as under the Registry of Personal and Movable Real Rights Act of Québec RPMRR in addition to all other rights provided by contract and by operation of law. Products purchased will remain personal property and will not become or be considered an item or part of any real estate on which they may be located. The customer agrees to execute any instrument or document deemed necessary by C&C Packing Limited Partnership to perfect its security interest in the products, including, but not limited to, declarations of financing, movable hypothecs, deeds of trust, deeds of guaranteed debt, mortgages, or other security instruments.
The customer authorizes C&C Packing Limited Partnership or its agents to obtain and exchange all the information useful for establishing its solvency. They at the same time enjoin all persons concerned to provide in a complete and diligent manner all the information required and release them from any responsibility for the effect of such information. The undersigned(s), named The Customer, authorizes C&C Packing Limited Partnership and its divisions to collect or exchange, now and at any time during the term of the contract and the obligations arising therefrom, personal information about it and about the company and/or its officers and directors directly or via the credit agent named Allianz Trade. The requesting company and the authorized signatory allow C&C Packing Limited Partnership and Allianz Trade to obtain information on their credit and their financial situation from any credit bureau, information agency, suppliers, or from any person with whom it has a relationship, businesses, including financial institutions. The client hereby requests the opening of his client account, authorizes C&C Packing Limited Partnership, its divisions, its employees, officers, or Representatives at Allianz Trade, to obtain information concerning him and also authorizes his financial institution to disclose any information requested. The authorized signatory’s personal information may be used to establish their financial status and eligibility as well as the applicant company’s eligibility for this application. This credit agreement will take effect only if:
- The client authorizes the disclosure of his banking information to our banking service provider named Allianz Trade; The customer agrees to provide his banking information to our banking service provider named Allianz Trade;
- The client follows the process of obtaining the banking information given to him by Allianz Trade; The information collected is satisfactory following the examination and analysis thereof;
- The client does not omit to submit or disclose any information concerning him;
- At the request of C&C Packing Limited Partnership and/or Allianz Trade, the customer undertakes to provide any other documentation deemed relevant by C&C Packing Limited Partnership and/or Allianz Trade for the sole purpose of evaluating this account opening request.
In the event that this request does not meet the conditions put forward by C&C Packing Limited Partnership, C&C Packing Limited Partnership reserves the right to refuse to open an account and/or issue a credit limit in its entirety at its discretion. The above conditions will apply to all transactions relating to the purchase of goods, services, and repairs to take place between the parties throughout the duration of their business relationship.