HSS Hire Service Group Conditions of Hire and Sale

3. PAYMENT

  1. Payment Terms
    If HSS has granted a credit account to the Hirer then payment of any charges or any other sums due under this Contract, including VAT, shall be made in full cleared funds by the end of the month following the date of the invoice. Where a credit account has not been granted then payment of any charges or any other sums due under [the][this] Contract shall be made with the Hirer’s order for the Equipment or Goods. Payment by the Hirer on time under the Contract is an essential condition of the Contract. Payment shall not be deemed to have been made until HSS has received cleared funds or cash.
  2. Invoice Queries
    The Hirer should notify HSS of any queries concerning invoices in writing within 14 days of the invoice date. HSS will not grant an extension to credit account payment terms for unresolved invoice queries that have been notified after 14 days have elapsed from the invoice date.
  3. Overdue Accounts
    Should any portion of an account fall overdue then the total account will become due on demand. The Hirer will be liable for reasonable legal charges incurred by HSS in the recovery of amounts due, Equipment and/or Goods. In addition HSS may charge interest in accordance with the Late Payment of Commercial Debts (Interest) Act 1988 at Bank of England base rate plus 4% and/or may suspend further services to the Hirer.
  4. Credit Limits
    Where HSS has granted a credit account to the Hirer, HSS may set a reasonable credit limit. HSS reserve the right to terminate or suspend the Contract if allowing it to continue would result in the Hirer exceeding his credit limit or the Hirer has already exceeded his credit limit.