Issue 05.11.2012
Ref: WBMA_MAN0511
9
Accounts In Default
1. If a customer fails to make payments on any account owing to Stoddart at any time,
Stoddart’s warranty relating to every product supplied to the customer will be
immediately and automatically suspended and will remain so until the suspension is
lifted by Stoddart (see below).
2. Thereafter, if a customer fails to rectify the default and bring all accounts up to date
on terms satisfactory to Stoddart, with 7 days of demand (the “Grace Period”), then
Stoddart’s Warranty Period will expire and the warranty on every product supplied by
Stoddart will terminate immediately and automatically without further notice.
Stoddart has the sole discretion of accepting or refuseing a claim under its Warranty
Policy where a customer has failed to rectify a default within the Grace Period. Any
acceptance of a claim by Stoddart is not to be construed as a waiver of any other right
available to Stoddart beyond the express scope of the acceptance.
