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TERMS AND CONDITIONS

AC Jade Trading Ltd Wholesale T&C

1. Parties

These wholesale terms and conditions are entered into by and between AC Jade Trading Ltd, a company registered under the laws of the United Kingdom, having its registered office at Unit 2L Albany Park, Surrey (hereinafter referred to as “supplier“), and the wholesaler entity identified in the purchase order or agreement (hereinafter referred to as “wholesaler“).

2. Products

The supplier agrees to sell and the wholesaler agrees to purchase the branded products specified in the purchase order or agreement (hereinafter referred to as “products”).

3. Order Placement

  1. The wholesaler shall submit orders with www.signaretrade.co.uk or with an authorized agent in writing, specifying the quantity and details of the products.
  2. Details of the company’s authorized agents at any point in time are available on this site: https://signaretrade.co.uk/sales-agents/

4. Pricing and offer specifications

  1. Although the supplier will make every effort to maintain accurate pricing and offer specifications, it nonetheless reserves the right to modify them without prior notice.
  2. Prices listed are exclusive of VAT, which will be applied at the prevailing rate where applicable.

5. Shipping & handling

  1. Shipping and handling charges will be mentioned in the purchase order. Typically for the mainland UK, orders above a minimum amount will be free for standard delivery (24-48 hours). International shipment is generally chargeable.

6. Delivery

  1. The delivery dates shall be as per the agreed terms stated in the purchase order. In cases where unforeseen delays arise, the supplier will make efforts to inform the wholesaler promptly.
  2. The signed proof of delivery will be the final proof that delivery has been made.
  3. Although the supplier will strive for complete deliveries, partial shipments may occur if full delivery is not feasible. In such situations the supplier will advise the wholesaler and take corrective actions.

7. Payment Terms

  1. For all new accounts, the first order will be processed as a proforma invoice. Payment must be received within 7 working days of receipt of the order. The order will be released for shipping upon payment.
  2. Standard terms for credit accounts (unless otherwise agreed upon in writing) stipulate a net period of 30 days. Signare is a member of the Credit Protection Association and reserves the right to share information regarding overdue accounts with them. If payment is not received within the agreed credit terms, Signare retains the option to claim interest and compensation for debt recovery costs under The Late Payment of Commercial Debts Regulations 2002. Late payments are reported to our credit reference agency, and may have implications for your credit rating.

8. Damages & Returns

  1. The wholesaler must inspect the products upon receipt and check for any defects or discrepancies within 5 days of receipt of goods. The wholesaler shall communicate any defects and damages in writing via email with photographs and other such evidence to the supplier within this period of time. The supplier will then make compensation for any such damages either through the supply of replacement products or a credit note.
  2. If the wholesaler does not communicate anything about damages within 5 working days, the goods will be deemed to have been safely & correctly delivered.
  3. Return of goods requires prior written authorization from the Signare Trade Team. Unauthorized returns to our warehouse will be rejected. Please note that Signare cannot assume responsibility for shipping costs associated with unauthorized returns.

9. Risk & Ownership of Goods

  1. Upon receipt, the risk associated with the goods is transferred to the customer. Signare however, retains ownership of the goods until all outstanding payments related to the goods have been settled in full.

10. Sales Platform Restrictions

  1. Selling the supplier’s products on Amazon or ebay is strictly prohibited. Additionally, any new platforms introduced outside of our existing agreement must be communicated to us at least 15 days before launching.

11. Intellectual Property & Responsibility

  1. If you purchase our products in the United Kingdom for resale in your respective country, any potential intellectual property issues specific to your country shall be the sole responsibility of your business. Signare assumes no liability or obligation for addressing intellectual property disputes arising within the jurisdiction of your business operations.
  2. The wholesaler shall not use the supplier’s branding or trademarks in any manner that may damage the supplier’s reputation.

12. Confidentiality

  1. Both parties shall keep all non-public information received from the other party confidential and shall not disclose it to third parties.

13. Termination

  1. Either party may terminate this agreement for any reason by the other party by giving 30 days written notice.
  2. Upon termination, the wholesaler shall promptly pay any outstanding dues to the supplier. Upon full and final payment, any goods remaining with the wholesaler shall from this point be the legal property of the wholesaler.

14. Governing Law

This agreement shall be governed by and construed in accordance with the laws of the United Kingdom.

15. Entire Agreement

This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, negotiations, and understandings, whether oral or written. By accepting a purchase order or agreement, both parties acknowledge and agree to abide by these terms and conditions.