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| Payment Details |
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Invoices are issued on placement of advertising.
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The ADVERTISER agrees to pay for all ADVERTISEMENT published by the PUBLISHER in accordance with the PUBLISHER'S applicable rate card.
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Payment in full is due thirty days from placement of order, unless credit has been approved in advance.
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All new ADVERTISERS must prepay first insertion.
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When credit has been granted, first payment is due within the thirty days from the invoice date.
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If payment is not made according to credit terms, ADVERTISER will be rebilled at the contracted date. Interest is 2%: per month (24%: per annum) and shall accrue on past due balances. At 90 days past due, bill will be turned over to collections at the open gross rate.
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If ADVERTISER is an agency, ADVERTISER'S clients will be billed directly upon default of ADVERTISER and client by appointment of ADVERTISER as its agent, expressly agrees to indemnify PUBLISHER for ADVERTISER'S default. PUBLISHER will render bills to ADVERTISER not less than monthly but failure to bill shall not constitute a breach of contract.
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If ADVERTISER defaults in payments of bills or if in the judgment of the PUBLISHER, ADVERTISER'S credit becomes impaired, PUBLISHER may require payment in advance.
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ADVERTISER and agency are jointly separately liable for all charges.
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Cancellations for space will not be accepted unless received ten (10) days prior to the space reservation deadline of that issue.
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If ADVERTISER fails to provide materials in time to meet the published deadline of an issue in which he has ordered space, PUBLISHER will charge the ADVERTISER at the regular rate for the space reserved and payment will be due.
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On reserved space, if no new material is received prior to art deadline for that issue, the PUBLISHER reserves the right to repeat the ADVERTISER'S last ADVERTISEMENT or run a "house ad" at the ADVERTISER'S expense.
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Please supply the Whole Lot with your VAT & Company registration numbers on confirmation.
Please read the TERMS & CONDITIONS for advertising in the 2012 edition of the Whole Lot directory. |
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Tel: + 27 (0)21 462 4523 • Fax: +27 (0)21 461 4282 • email: tetra@iafrica.com
22 Wandel Street, Gardens, Cape Town, 8001
PO Box 32255, Camps Bay, 8040, Cape Town

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