credit application / contract

CREDIT APPLICATION / CONTRACT
1. COMPANY PARTICULARS
NAME OF
COMPANY/APPLICANT
FOR ARIVA’S USE
Accepted
REGISTERED ADDRESS
Refused
TEL
Credit agreed MUR :
FAX
EMAIL
……………………………………………...
CONTACT PERSON
……………………………………………...
……………………………………
POSITION
Other Remarks:
2. TYPE OF BUSINESS
☐ INDIVIDUAL
☐ SOLE TRADER
☐ COMPANY
BUSINESS REGISTRATION
NUMBER (BRN)
Please attach copy
VAT No
Please attach copy
LATEST AUDITED
ACCOUNTS
Please attach copy
NATURE OF BUSINESS
3. DIRECTORS DETAILS
NAME
ID/Passeport
1.
Please attach copy
2.
Please attach copy
3.
Please attach copy
Approved by :
4. BANK DETAILS
BANK NAME
BRANCHES
1.
2
3.
Credit Application / Contract
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5. AUTHORIZED SIGNATURES
NAME
POSITION
SIGNATURE
1.
2.
3.
6. TRADE REFERENCES
NAME
TELEPHONE/EMAIL
CONTACTS
1.
2
3.
7. We hereby apply with ARIVA LTEE for a credit facility of Rs_________________________________
The payment should be effected in _________ days after date of invoice in
☐Cash
☐Check
☐Others
(Specify)___________
A finance fee of 2% will be applicable on disbursement on Duties & Taxes/ VAT if any.
8. We declare that the above information is true, correct and complete to induce the company to provide credit
facility or extend credit facility. We authorise the company ARIVA LTEE to make such credit investigation as the
company sees fit.
9. I/ We confirm having taken cognizance of the Standard Trading Conditions of Ariva Ltée, copy of which has
been handed over to us/me, and that we are agreeable to the content therein:
CONTRACT
Preamble:A. Ariva has one of its main objects to carry on business as freight and logistics agents, warehousemen and
bonded warehousemen and generally to provide facilities for the storage, warehousing carriage,
transhipment and distribution of merchandise.
B. The company wishes to purchase freight from and to avail itself of the related services offered by Ariva.
C. In order to give satisfaction to the company, Ariva has, upon the request of the company, extended to
the company credit facilities on freight, local charges, customs duties, excise duties and VAT only.
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1. TERMS & CONDITIONS:(a) This agreement can be renewed by mutual agreement of the parties in writing. The agreement is also
however subject to “tacite reconduction”.
(b) This agreement can be terminated by either party by giving one month written notice to the other party
of such termination.
(c) This agreement can be terminated with immediate effect by either party upon a fundamental breach of
the terms and conditions of the agreement by the other party. The party invoking such breach shall
notify the other party of such intention to terminate in writing by way of a registered letter with advice
of delivery.
(d) The obligation of payment of amounts due shall survive the termination of this agreement for any reason
whatsoever.
(e) In the event of the company’s failure to comply with the above mentioned terms of payment, then the
company undertakes to pay Ariva interest at the rate of 2.5% per month on all overdue amounts which
interest shall start to run as from any due date and upon being duly summoned to pay.
(f) It is further understood between the parties that upon failure by the company to pay as above, Ariva
shall take the liberty to be entitled to;
(i)
Terminate/suspend the present agreement at any time during the term of the present
agreement without prior notice to the company and without being liable to the company in
any manner whatsoever, and
(ii)
Initiate legal actions for the recovery of any amount due to it by the company. The company
here accepts that any amount incumbent upon Ariva to pay to its lawyers for the recovery of
any amount due by the company through the services of such lawyers will be borne by the
company.
Name:
________________________________
SEAL OF COMPANY
________________________________
SIGNATURE:
________________________________
DATE:
________________________________
Credit Application / Contract
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