Terms & Conditions:

1. I / We (Hereafter called the Customer) request 30 days credit, with Innovate International Limited (Hereafter called the Company). We understand that approved credit terms or deliveries may be suspended if the credit period is exceeded, or cheques are unpaid.

2. Any changes of ownership must be notified in writing to the Company. Failing which, the existing signatories shall remain liable for all balances due up to the date of notification.

3. The granting of credit facilities is discretionary and may be withdrawn unilaterally by the Company. 
In the case of late payments, the Customer shall be deemed to have forfeited the benefit of time allowed to him by this agreement. 
The Company shall have a full right to insist on the immediate payment of the full balance due and may take such measures as deems fit to recover payment, without the requirement of giving prior notice to the Customer. 
In the event that following such measures, the Customer resumes payment of the outstanding amount, the Customer agrees to reimburse the Company any additional legal and judicial expenses incurred in the proceedings for the recovery of the balance due. 
Any outstanding balances may also be subject to interest charges at the maximum rate stipulated by Law.

4.  The Customer signing this agreement, bind themselves personally to the Company, which accepts, in solidum together with the private company, to the performance of all the obligations under these Terms and Conditions of Credit.
In particular, and without prejudice to the generality of the above, they shall be personally liable, in solidum with the private company, for the payment of all overdue balances and interest due to the company under this agreement. 
In the absence of any other agreement, this personal liability will subsist even if the private company is liquidated, wound-up, amalgamated with another company or converted, and notwithstanding any change in the names of the Directors and/or Owner/s after the signing of this agreement and/or in the running of the business. 

5.1.  All personal details of the Customer or any other signatory of this agreement is held by the Company for administration, internal marketing, to facilitate better communication, for security purposes and the purposes referred to in paragraph 5.3, and subject to the provisions of the Data Protection Act and any other applicable law. 

5.2. It is the responsibility of the Customer to ensure that the provided contact details are correct, and to inform the Company of any future updates.

5.3. The Customer and other signatories to this agreement understand that the Company is a Member of The Malta Association of Credit Management (MACM), 86/2, Triq ta' Mellu, Mosta and that the Company may look up in MACM records, any data about the company and the Director/s, also transfer any Personal Data found within this agreement to MACM in order for the Company to adhere to the principles, ethics and guidelines issued by MACM from time to time.