Standard Terms of Trade

BUSINESS ACCOUNT TRADE TERMS

(Effective September 2016)

The following terms (Trade Terms) apply to, are incorporated into and govern every contract entered into between FUJIFILM NZ Limited (FUJIFILM NZ) and you for the supply of any products, inventory, equipment, any other goods, and/or services by FUJIFILM NZ to you (Goods) at any time.
FUJIFILM NZ can vary these Trade Terms at any time by notifying you of any amendments on its website at www.fujifilm.co.nz.
It is a condition of ongoing supply, pursuant to any contract between you and FUJIFILM NZ or any order for the supply of Goods that you may place with FUJIFILM NZ, that these Trade Terms are signed and returned to FUJIFILM NZ.


1. Orders: Orders for Goods (Orders) must be placed on the form provided for that purpose by FUJIFILM NZ on its website or otherwise (Order Form) and all details required on that Order Form must be completed in full. All orders are taken subject to acceptance by FUJIFILM NZ and FUJIFILM NZ reserves the right to reject any Order in its sole discretion. A quotation or estimate does not give rise to a binding contract until you place an Order which is subsequently accepted by FUJIFILM NZ. Once an Order is accepted in writing by FUJIFILM NZ, that Order is irrevocable and, together with the relevant Order Form, any credit application and the Trade Terms, shall form a contract between you and FUJIFILM NZ (Contract).

2. Back Orders: Any Order for Goods that are unavailable at the time of such Order will be placed on back order. Back orders that are: (a) less than one month old will be supplied without prior notice; and (b) more than one month old will not be supplied without your consent.

3. Price for Goods: Prices given are exclusive of GST and other applicable taxes and duties, which, where applicable, are payable by you in addition to the price. Prices may be altered at any time and the applicable price will be the current price at time of despatch.

4. Resale prices: The resale prices indicated in any price list provided to you by FUJIFILM NZ are non-binding suggestions only.

5. Handling charges:
Invoices: (a) under $250 (ex GST) attract a packing and handling charge of $15 plus GST; and
over $250 (ex GST) qualify for free packing and handling.
All back orders are exempt from packing and handling fees.

6. Payment: Payment for Goods must be made without set off or deduction, not later than the 20th day of the month following delivery. If you fail to make any payment to FUJIFILM NZ by the date due for payment, FUJIFILM NZ may, at its sole discretion (and without prejudice to any other rights or remedies available to it) require you to pay, on demand, default interest on any amount outstanding at 2.5% per month accruing on a daily basis from the due date for payment until the date when payment is actually made. You will be liable to pay all expenses and costs (including legal costs on a solicitor-client basis) in connection with FUJIFILM NZ recovering or attempting to recover any overdue amount.

7. Equipment Loan: FUJIFILM NZ may, from time to time in connection with arrangements for the supply of other Goods to you, grant you a licence to possess and/or use certain Goods, being items of equipment (Equipment Licence).
Any Equipment Licence will be subject to these Trade Terms, and to the Equipment Licence Terms displayed by FUJIFILM NZ on its website at www.fujifilm.co.nz, such terms being subject to change by FUJIFILM NZ at any time by notifying such change on such site, with the Equipment Licence Terms to prevail in case of any inconsistency with these Trade Terms.

8. Delivery: Delivery of Goods to you shall occur when FUJIFILM NZ places such Goods at the disposal of FUJIFILM NZ's nominated carrier at FUJIFILM NZ's premises, unless the parties otherwise agree in writing (Delivery) and no failure or refusal by you to take possession of any Goods shall affect the time of Delivery. Any time stated for Delivery on an Order Form or otherwise is an estimate only and not of the essence of the Contract, and FUJIFILM NZ will in no event be liable for any late Delivery.

9. Risk: All risk of loss or damage in, or in relation to, Goods shall pass to you upon Delivery.

10. Delivery costs: Subject to clause 9, notwithstanding that Delivery has occurred FUJIFILM NZ shall bear all reasonable costs of FUJIFILM NZ's nominated carrier in transporting Goods to your premises, being those premises notified to FUJIFILM NZ by you from time to time, on such terms as FUJIFILM NZ may agree with FUJIFILM NZ's nominated carrier in FUJIFILM NZ's sole discretion, provided that FUJIFILM NZ shall not be responsible or liable for any loss or damage to any Goods, or any loss or damage that you may suffer in relation to the transport of Goods, following Delivery.

11. Non-delivery if payment in arrears: FUJIFILM NZ may refuse to deliver Goods ordered by you if payment of any monies owing to FUJIFILM NZ by you is in arrears, notwithstanding that FUJIFILM NZ has accepted any relevant Order.

12. Defects and returns: 12.1 You must give FUJIFILM NZ written notice of any failure of any Goods within seven days of Delivery, unless expressly agreed otherwise by FUJIFILM NZ. Where such notice is validly given FUJIFILM NZ shall, in its sole discretion, either repair or replace the defective or non-complying Goods or, subject to clause 13, refund the price paid by you for such Goods.
Any replaced defective Goods shall become the sole property of FUJIFILM NZ upon Delivery of the relevant replacement Goods and, if required by FUJIFILM NZ, shall be returned to FUJIFILM NZ at FUJIFILM NZ's cost. If you do not notify FUJIFILM NZ of such failure within the specified period, you shall be deemed to have accepted such Goods as being free of defects and complying with all relevant specifications.
12.2 FUJIFILM NZ may, at its discretion, delay the repair or replacement of, or refund of the price of, any Goods for so long as you are in default in relation to any indebtedness of you to FUJIFILM NZ.

13. Credit policy:
Goods are supplied in good faith and on a firm sale basis, and not on a consignment or "sale or return” basis.
Subject to that, only Goods supplied in error or that are faulty will be considered for credit.
When requesting a credit an application must be made to FUJIFILM NZ Head Office prior to Goods being returned.
Upon approval of a credit, an "authorisation sticker" with reference number will be forwarded to you and this is to be placed on the exterior of the packaging used to return Goods for credit.
Any Goods arriving at FUJIFILM NZ without such "authorisation sticker" and reference number will be returned, freight forward, to you.
Credit claims must be lodged within seven days of Delivery of Goods and should include packing slip details and details why the credit is required.

14. Reservation of title: You acknowledge that, pending payment of all amounts owing, and the performance of all obligations, under any Contract, you are in possession of any Goods supplied by FUJIFILM NZ solely as bailee for FUJIFILM NZ.
Until such time as you become the owner of Goods you will wherever practicable store them on your premises separately from your own goods or the goods of any other person and in a manner which makes the Goods readily identifiable as Goods of FUJIFILM NZ.
Your right to possession of the Goods shall cease if you are in default under these Trade Terms or any Contract.

15. Security interests: 15.1 On signing these Terms you grant a continuing security interest in favour of FUJIFILM NZ in all present and after acquired Goods (including, for the avoidance of doubt, products, inventory, equipment and any other goods), as security for payment of all amounts owing, and the performance of all obligations, under any Contract.
15.2 You acknowledge that FUJIFILM NZ may, at your cost, register its security interest in the Goods, and all of your present and future rights in relation to the Goods and any proceeds, on the Personal Property Securities Register established under the Personal Property Securities Act 1999 (PPSA).
15.3 You shall provide all information and do all things including the execution of documents as FUJIFILM NZ may require for the purpose of securing to FUJIFILM NZ the Goods, the payment of all amounts owing and the performance of all of your obligations under the Trade Terms, and for the purpose of ensuring that FUJIFILM NZ has a perfected first ranking security interest in the Goods and any proceeds under the PPSA. You shall give written notice to FUJIFILM NZ of any change to your name at least 14 days before such change takes effect.
15.4 You will:
(a) maintain and keep the Goods in good working order and condition and protected against theft, loss or damage; and (b) permit FUJIFILM NZ at all reasonable times by its agents, employees and officers to enter upon any land or premises owned or occupied by you to view and inspect the Goods.
15.5 You waive your right to receive a copy of any verification statement under the PPSA and agree that as between you and FUJIFILM NZ: (a) You will have no rights under sections 114(1)(a), 116, 120(2) and 121 of the PPSA; and (b) any rights of FUJIFILM in addition to those in Part 9 of the PPSA shall continue to apply.
15.6 Any payments made to FUJIFILM NZ by you on an unspecified basis shall be applied:
(a) first, in payment for Goods supplied by FUJIFILM NZ and which have been sold by you; and (b) second, in payment for Goods supplied by FUJIFILM NZ and which have not been sold by you.
15.7 You will not: (a) permit to subsist any other security interest in relation to the Goods; or (b) except in the normal course of business, sell, lease or dispose of, or permit the sale, lease or disposal of, the Goods.
15.8 In addition to any rights that FUJIFILM NZ has under the PPSA, FUJIFILM NZ shall have the right, as your agent, at any time while any amounts owing by you to FUJIFILM NZ under the Trade Terms remains outstanding, and including (without limitation) if any of the events specified in clause 22
occur, to enter into any premises where Goods are stored and remove them without being responsible for any damage caused in doing so. You shall indemnify FUJIFILM NZ for all such moneys and all costs, charges and expenses in repossessing Goods.

16. Limited warranty: FUJIFILM NZ warrants that Goods sold to you will comply in all material respects with the relevant Goods specifications notified by FUJIFILM NZ to you from time to time and will be free from material defects.

17. Representations and warranties: Except for the warranty contained in clause 16, FUJIFILM NZ expressly excludes, and you shall not be entitled to rely or seek to rely on, any representation, undertaking, statement or warranty whatsoever, express or implied, made by or on behalf of FUJIFILM NZ concerning the Goods.

18. Consumer Guarantees Act: 18.1 You will not do or omit anything which gives rise to any liability on your part or on the part of FUJIFILM NZ under the Consumer Guarantees Act 1993 or the Fair Trading Act 1986. 18.2 You will not make any representation or give any guarantee, warranty or other undertaking in relation to the Goods or any services provided in connection with the Goods to customers other than as shown on packaging, promotional material or documents supplied by FUJIFILM NZ to you or as otherwise authorised in writing by FUJIFILM NZ. 18.3 You shall not hold yourself out as an employee, agent or representative of FUJIFILM NZ to any person. 18.4 You acknowledge that any Goods you acquire will be for business purposes and that, accordingly, the provisions of the CGA are excluded.

19. Exclusion of liability:
To the maximum extent permitted by law FUJIFILM NZ shall not be liable to you or any third parties for any loss, damage, expenses, injury or consequential, indirect or special loss, loss of profits or loss of opportunity arising directly or indirectly from the supply of Goods to you; any breach of any of FUJIFILM NZ's obligations under the Trade Terms or any other agreement FUJIFILM NZ has with you; any cancellation of any Contract or other agreement FUJIFILM NZ has with you; any late or non-delivery of Goods; or negligence on the part of FUJIFILM NZ, its servants, agents or contractors.

20. Your liability: You covenant and agree with FUJIFILM NZ that you assume sole and entire responsibility for, and indemnify FUJIFILM NZ from, any and all claims, liabilities, losses, expenses, responsibilities and damages by reason of any claim, proceedings, action, liability or injury arising out of or as a result of: 20.1 a breach of the Trade Terms by you or by any person for whom you are responsible; or 20.2 any wilful, negligent or unlawful act or omission by you or any person for whom you are responsible.

21. Implied warranties excluded: To the extent permitted by law, all terms, conditions, warranties and representations, express or implied by statute or otherwise as to the description, merchantable quality or fitness for purpose of the Goods are excluded, provided if: 21.1 any condition or warranty is implied into the Trade Terms under any trade practices, sale of goods, fair trading or other applicable legislation and cannot be excluded; or 21.2 notwithstanding the other provisions of this clause 21

, FUJIFILM NZ has any liability to you, then to the fullest extent permitted by law the liability of FUJIFILM NZ for claims by you for breach of the condition or warranty so implied or otherwise will be limited at the option of FUJIFILM NZ to the repair or replacement of such defective or non-compliant Goods or a refund of, or credit for, the Contract price of such Goods.

22. Your default: FUJIFILM NZ may suspend or terminate any Contract, and payment for Goods delivered and work performed up to the date of suspension or termination and any other moneys payable under the Trade Terms shall immediately become due and payable, if you: 22.1 fail to pay any moneys due to FUJIFILM NZ; 22.2 fail to perform any of your obligations to FUJIFILM NZ under the Trade Terms or any other contract with FUJIFILM NZ; 22.3 are unable to pay your debts as they fall due or cease or threaten to cease conducting your business in the normal manner; 22.4 enter into, or attempt to enter into, any composition, assignment or other arrangement with, or for the benefit of, your creditors; 22.5 become, threaten or resolve to become, or are in jeopardy of becoming insolvent; 22.6 being a partnership, dissolve, threaten or resolve to dissolve or are in jeopardy of dissolving; or 22.7 being a natural person, die.

23. Clauses to survive: Clauses 16, 18, 19 and this clause 23
shall survive the termination or expiration of any Contract.

24. Force Majeure: Neither party shall be liable for any delay or failure to perform any obligation in whole or in part under the Trade Terms or for any loss or damage (including indirect or consequential loss or damage) if such delay or failure is due to Force Majeure (as that term is commonly understood). Nothing in this clause 24
shall excuse payment of any amount owing as it becomes due under the Trade Terms.

25. Miscellaneous: 25.1 Conflicting Terms: In the case of any conflict between an Order or other document submitted by you on the one hand, and the Trade Terms and/or any other document issued by FUJIFILM NZ on the other hand, the Trade Terms and/or such other document issued by FUJIFILM NZ shall prevail. 25.2 Credit Enquiries: You hereby authorise FUJIFILM NZ to make any enquires relative to your trading history or creditworthiness which it may consider necessary from time to time, and for that purpose to disclose to and seek from any party whatsoever any information FUJIFILM NZ requires in relation to extending credit to you. 25.3 Variation: Any verbal agreement which does not conform to the Trade Terms shall not be binding on FUJIFILM NZ unless it has been confirmed by FUJIFILM NZ in writing. 25.4 Privacy: You: (a) hereby request and authorise the parties referred to in clause 25.2
to supply the information referred to in that clause to FUJIFILM NZ; (b) agree that any other information collected by FUJIFILM NZ about you is accessed or collected for the use of FUJIFILM NZ in the course of its business, including direct marketing activities; (c) acknowledge (if you are an individual) that all information provided by you will be held by FUJIFILM NZ subject to your right to access to and correction of such information provided by the Privacy Act 1993; and (d) You authorise FUJIFILM NZ to use any information it may have or obtain about you for the purpose of providing or advertising, or enabling any third party to provide or advertise, additional services or goods to you.
25.5 Warranties: You warrant that you have used, and will use, your own skill and judgement in deciding to enter into any Contract, and that you have not relied and will not rely on any representation made by FUJIFILM NZ which is not stated expressly in the Trade Terms, or upon any descriptions, illustrations or specifications of Goods contained in any document (including catalogues or publicity material) produced by FUJIFILM NZ.
25.6 Assignment: FUJIFILM NZ may assign any Contract or any of its rights, duties or obligations under any Contract at any time.
25.7 Intellectual property: You acknowledge that neither you nor anyone you are responsible for has, or will acquire, any right, title or interest in FUJIFILM NZ's intellectual property (including any intellectual property in the Goods), and neither the Trade Terms nor your use of FUJIFILM NZ's intellectual property transfers any title or ownership in any of the same to you.
25.8 Software: Where FUJIFILM NZ supplies computer hardware, software or servers to you, you are responsible for safeguarding the security of such hardware, software or servers against software viruses, malware, cyberattack or other manipulating program which infiltrates such hardware, software or servers, and FUJIFILM NZ has no liability for any damage, loss or expense caused by any such thing.
25.9 Entire Agreement: With respect to any Contract, the provisions of the Trade Terms, any relevant Order Form and any relevant credit application constitute the entire agreement between the parties with respect to their subject matter and supersede all previous understandings, arrangements, agreements and communications, whether verbal or written, between the parties or their advisers with respect to that subject matter.