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Terms of Trade

Merquip Terms & Conditions of Trade

1. Interpretation
1.1. In these Merquip terms & conditions of trade (Conditions of Trade):
(a) Buyer means the person, firm or company purchasing the Goods and includes any
person acting on behalf of and with the authority of the Buyer.
(b) Consumer has the same meaning as prescribed under the Consumer Guarantees Act
(c) Goods means the products and/or services subject to a sale or maintenance contract
between the Buyer and Merquip, including without limitation:
Billi products, filters and spare parts
Merquip products and spare parts
Miscea products and spare parts
Waterlogic products and spare parts
Purezza products and spare parts
Cosmetal products and spare parts,
and includes products and services further identified in any invoice issued by Merquip to
the Buyer, which invoices are deemed to be incorporated into and form part of these
Conditions of Trade.
(d) Merquip means Waterlogic New Zealand Limited, trading as Merquip (Company
Number 8200430) or its agents, employees or representatives.
2. Acceptance
2.1. Every order, sale, quotation, instruction and contract placed with Merquip from the Buyer for
the sale or supply of Goods shall be subject to these Conditions of Trade and shall constitute
acceptance of the terms of these Conditions of Trade.
2.2. The Buyer acknowledges and agrees that these Conditions of Trade apply to the sale of Goods
by Merquip and shall prevail over any terms or conditions, stipulated, incorporated or
referred to in the Buyer's order or in correspondence. No condition or stipulation, proposed
by the Buyer, which is or might be inconsistent with a term of these Conditions of Trade or
which purports to add to or modify them, shall have any effect unless expressly accepted by
Merquip in writing.
3. Price and payment
3.1. All prices for Goods and price lists exclude Goods and Services Tax (GST). The Buyer must pay
GST on the supply of the Goods at the rate applicable at the time of supply.
3.2. Merquip will provide the Buyer with a tax invoice (as the term is defined in Goods and
Services Tax Act 1985 (GST Act)) which will include the details required by the GST Act. The
Buyer shall pay to Merquip the price of the supply stated on that invoice, which will be the
price of the Goods at the date of delivery inclusive of GST and all other charges.
3.3. All prices will also be exclusive of packaging costs, freight charges, delivery costs, installation
and de-installation costs and such other charges notified by Merquip to the Buyer all of which
will be payable by the Buyer.
3.4. If the cost to Merquip of supplying the Goods not yet delivered is materially increased by any
dispute or cause, and the parties concerned cannot agree on how such increase shall be borne
between them, either party may cancel the contract without liability in respect of such
undelivered Goods.
3.5. Where delivery of the Goods is to be made by instalments, each delivery shall be treated as a
separate contract and failure, suspension or delay in any delivery or defect in the Goods
delivered shall not vitiate the contract as to the other Goods.
3.6. In its sole discretion, Merquip may offer the Buyer alternative payment terms from time to
time in writing, either on the basis of individual invoice, or by separate letter. In this case, the
alternative payment terms shall override the payment terms in this clause 3, but only in
respect of the Goods specified on each invoice or letter.
3.7. Prices, delivery charges, fees and other terms are subject to alteration without notice and
unless otherwise specified.
3.8. All stock is ordered subject to availability and prior sale.
4. Risk and Delivery
4.1. The risk in any Goods provided by Merquip shall pass to the Buyer when the Goods have been
delivered to the Buyer's premises by Merquip itself or any carrier, courier or other bailee
instructed for that purpose.
4.2. Any delivery or installation dates quoted by Merquip are estimates only and shall not form
part of the contract between Buyer and Merquip. Merquip will not, under any circumstances,
be liable for any costs, expenses, damages or loss of profits incurred by the Buyer nor will the
Buyer be entitled to refuse delivery as a result of delay.
5. Terms of Payment
5.1. The Buyer shall pay all amounts owing to Merquip as specified by way of invoice on or before
the 20th of the month following the date of that invoice. Unless otherwise stated on the
invoice, this date shall be deemed by the parties to be the due date (Due Date).
5.2. If the Buyer does not pay amounts owing in full on or before the Due Date, Merquip may at its
5.2.1. charge interest compounding monthly on the unpaid overdue balance at a daily rate
of 1.5%; and
5.2.2. suspend sale or delivery of further goods until the Buyer's account is paid and
settled in full.
5.3. All expenses incurred by Merquip in collecting overdue amounts from the Buyer, including
debt collection costs, legal costs and costs incurred in a dispute resolution process initated for
that purpose, will be payable by the Buyer to Merquip in full as a debt due forthwith upon
demand by Merquip.
5.4. The Buyer shall send all amounts due under these Conditions of Trade to the address of
Merquip printed on the front of each invoice.
5.5. If the Buyer:
5.5.1. becomes insolvent, including by reason of its inability to pay its debts as they fall
due or an insolvency or similar proceeding is initiated by or against it;
5.5.2. enters into a compromise of any kind with its creditors or, where the Buyer is an
individual, commits an act of bankruptcy or is or becomes an insolvent under
5.5.3. suspends payments or is placed into or takes steps to enter a winding up,
dissolution, administration or reorganisation process (by way of voluntary
arrangement, scheme of arrangement or otherwise); or
5.5.4. has a receiver, receiver and manager, liquidator, administrator, statutory manager,
controller or other custodian appointed over any of its assets or undertakings, ,
proceedings are instituted for its winding up or a voluntary administrator is
together, an Insolvency Event, then:
5.5.5. all amounts outstanding and owing to Merquip shall become immediately due and
payable; and
5.5.6. Merquip shall have the option to withhold or cancel further deliveries, provided that
the failure on the part of Merquip to exercise such option in respect to one or more
deliveries shall not affect their right to exercise it in respect of other deliveries; and
5.5.7. where the Buyer has been granted credit, then the credit can be withdrawn at any
time and any orders cancelled by Merquip in its sole discretion.
6. Title
6.1. Property in and title to each unit of the Goods supplied shall not pass to the Buyer until
payment has been received by Merquip in full (each unit being considered as a whole).
6.2. The Buyer acknowledges that it is in possession of the Goods solely as bailee for Merquip until
all amounts owing for those Goods have been received by Merquip. Until title passes to the
Buyer, Merquip may give notice in writing to the Buyer that it intends to remove the Goods
from the Buyer's possession and may then do so.
7. Default by Buyer
7.1. The following constitutes an event of default under the Conditions of Trade (Event of
7.1.1. the Buyer breaches any of these Conditions of Trade;
7.1.2. any cheque tendered by or on behalf of the Buyer is dishonoured for payment;
7.1.3. the Buyer fails to comply with any demand for payment issued by Merquip;
7.1.4. any amount payable by the Buyer to Merquip becomes overdue for payment or, in
Merquip's reasonable opinion, the Buyer will be unable to meet its payment
obligations to Merquip as they fall due; or
7.1.5. an Insolvency Event occurs.
7.2. If an Event of Default occurs, without prejudice to Merquip's other remedies under these
Conditions of Trade or at law:
7.2.1. Merquip may cancel all or any part of any of the Buyer’s orders which remain
7.2.2. all amounts owing to Merquip by the Buyer will, whether or not due for payment,
become immediately payable by the Buyer;
7.2.3. in respect of Goods in which title has not yet passed to the Buyer:
(a) the Buyer’s right to possess, use up, sell or otherwise deal with such Goods
immediately ceases; and
(b) Merquip is entitled to enter any premises where such Goods are kept, and
remove, repossess and re-sell all or any such Goods, subject only to any rights
the Buyer may have under the Credit (Repossession) Act 1997; and
7.2.4. Merquip may enforce any security interest granted to it by the Buyer.
7.3. The Buyer indemnifies Merquip in respect of any claims or actions against, and costs,
expenses and other liabilities incurred by, Merquip in relation to the removal, repossession
and sale of Goods pursuant to these Conditions of Trade, including without limitation, any
claims brought by third parties.
8. Exclusions and limitation of liability
8.1. The Buyer warrants that its purchases from Merquip are for the purposes of a business and
are made "in trade" as defined in the Fair Trading Act 1986.
8.2. The Buyer acknowledges that, to the fullest extent permitted by law:
8.2.1. All guarantees, warranties and conditions implied by the Consumer Guarantees Act
1993, the Contract and Commercial Law Act 2017 or otherwise implied by law are
expressly excluded.
8.2.2. Subject to any mandatory requirements, Merquip does not warrant that any goods it
sells will meet any particular specifications or be fit for any particular purpose. The
Buyer must satisfy themselves that the Goods are fit and suitable for the purposes
for which they are acquired.
8.3. The parties agree to contract out of sections 9, 12A, 13 and 14(1) of the Fair Trading Act 1986.
8.4. Any liability of Merquip arising directly from any defect in Goods provided shall be limited to
the replacement or repair of such defect and shall not in any case exceed the invoice value of
the particular Goods provided.
8.5. The Buyer shall inspect the Goods upon delivery or completion of installation as applicable.
Any compliant must be made in writing and communicated to Merquip within 7 days after the
Goods have been provided or installation completed. The Buyer must allow Merquip to
inspect the Goods within a reasonable time of receiving the notice where Merquip may
reasonably elect to repair or remedy any defect. Where the Buyer fails to comply with the
notice provisions of this clause, the Goods ae deemed to have been supplied in accordance
with these Conditions of Trade and free from any defect or damage.
8.6. Without limiting the generality of any other provision of these Conditions of Trade, the Buyer:
8.6.1. acknowledges and accepts that whilst the Goods are (a) manufactured within a
certified quality control environment, (b) manufactured in accordance with relevant
New Zealand standards, and (c) delivered free of any waterborne bacteria
(including legionella), given that Merquip has no control over the conditions within
which the Goods are operated or used, Merquip shall not be liable or responsible for
any liability associated with the operation and use of the Goods upon delivery;
8.6.2. shall ensure that it, and in the case where the Buyer on-sells or supplies the Goods
to a third party, ensure the third party, is fully aware of all instructions and
limitations published or communicated by Merquip relating to the (a) care,
maintenance and cleaning of the Goods, and (b) the use, nature or quality of the
Goods, including but not limited to instructions and limitations:
a. as may appear on labels affixed to, or in or on the packaging of, Goods as
supplied by Merquip; and
b. as may be notified by Merquip to the Buyer, or circulated by Merquip, from
time to time including any brochures, specifications and other promotional
material in relation to Goods provided by Merquip, or published on
Merquip's website from time to time;
8.6.3. acknowledges and agrees that it is responsible, and in the case where the Buyer onsells
or supplies the Goods to a third party, ensure that the third party is aware of
their responsibility, to ensure that:
a. all water supplied to the Goods is microbiologically safe and free of any
waterborne bacteria;
b. a suitable level of filtration is installed with the Goods;
c. filters comprising part of the Goods are changed at Merquip recommended
intervals, and in any case at intervals not longer than 12 months;
8.6.4. acknowledges and agrees that it shall not, in the case where the Buyer on-sells or
supplies the Goods to a third party, make any representations or claims about the
quality, longevity, performance or other aspect of the Goods which has not been
expressly authorised by Merquip in writing.
9. Returns
9.1. The Buyer may only return goods to Merquip for credit if:
9.1.1. the prior written approval of Merquip for the return has been obtained; and
9.1.2. the freight costs on the return have been paid by the Buyer.
9.2. Any credit given by Merquip for Goods returned by the Buyer and accepted by Merquip is
subject to a re-stocking fee equal to 35% of the purchase price of the Goods plus return freight
10. Cancellation
10.1. No order for Goods placed by the Buyer and accepted by Merquip may be cancelled or
deferred without the prior consent in writing of Merquip where the Buyer will be liable for all
costs incurred by Merquip up to the time of cancellation.
10.2. In the case of custom-made Goods ordered by the Buyer, no order for such Goods may be
cancelled after:
10.2.1. Merquip has scheduled the manufacture of such Goods; or
10.2.2. Merquip has purchased materials required for the manufacture of such Goods.
11. Personal Property Securities Act
11.1. The Buyer agrees that these Conditions of Trade and in particular the provisions of this clause
11 create a security interest in the Goods for the purposes of the Personal Property Securities
Act 1999 (PPSA) as security for payment by the Buyer for all amounts due to Merquip from
time to time (including any future amounts).
11.2. In consideration for Merquip providing Goods to the Buyer, including all future advances of
Goods, the Buyer grants a Purchase Money Security Interest (as defined in the PPSA) to
Merquip which will continue until all amounts owing to Merquip in respect of those Goods are
paid in full. If any Goods supplied to the Buyer are disposed of prior to payment and/or
become mixed with other goods (whether supplied by Merquip or not), the security interest
will continue in the proceeds of sale of the goods or the products produced by using the Goods
(as applicable).
11.3. The Buyer undertakes to:
11.3.1. sign any further documents and/or provide any further information reasonably
required by Merquip to register a financing statement on the Personal Property
Securities Register (PPSR);
11.3.2. indemnify, and upon demand reimburse, Merquip for all expenses incurred in
registering a financing statement or financing change statement on the PPSR;
11.3.3. not register a financing change statement or a change demand without the prior
written consent of Merquip;
11.3.4. give Merquip not less than fourteen (14) days' prior written notice of any proposed
change in the Buyer's name or other details; and
11.3.5. immediately advise Merquip of any material change in its business practice of
selling the Goods
11.4. Merquip and the Buyer agree that nothing in sections 114(1)(a), 122, 133 and 134 of the PPSA
shall apply to these Conditions of Trade.
11.5. The Buyer waives its rights as a debtor under sections 116, 120, 121, 125, 126, 127, 128, 129,
131 and 132 of the PPSA.
11.6. The Buyer waives its rights to receive a verification statement in accordance with section 148
of the PPSA.
11.7. Where Merquip has rights in addition to those under Part 9 of the PPSA, those rights continue
to apply.
11.8. The Buyer agrees that repossession and retention of Goods pursuant to the PPSA will only
satisfy so much of the amounts owing by the Buyer to Merquip as is equivalent to the market
value of the Goods as at the date of repossession, and the repossession and retention will
immediately extinguish any rights or interest the Buyer has in the Goods.
11.9. The Buyer must not assign or factor its right and interest in any debt owed by a customer of
the Buyer to the Buyer on account of the proceeds of sale of any Goods by the Buyer on credit
or deferred payment terms without Merquip's prior written consent.
12. Buyer’s Statutory Rights
12.1. Without limiting clause 8 (Exclusions and limitation of liability), these Conditions of Trade
shall not exclude, limit or modify the rights, entitlements and remedies conferred upon the
Buyer, or the liabilities imposed upon Merquip under relevant New Zealand legislation, but
are subject to all excludable conditions and warnings which are hereby excluded where the
Buyer is not a Consumer.
13. Buyer as Trustee
13.1. Where the Buyer enters into a contract with Merquip in its capacity as trustee of a trust,
whether or not disclosed to Merquip and whether or not so expressed in the contract, the
Buyer warrants that:
13.1.1. it is the sole trustee of the trust, or it has the written consent of all of the trustees of
the trust, and has the power and authority to enter into the contract;
13.1.2. it does so with the consent of, and for the benefit of, all beneficiaries of the trust;
13.1.3. it does so both in its personal capacity and in its capacity of trustee;
13.1.4. it has a right of full indemnity from the trust’s assets for all obligations incurred by
it; and
13.1.5. it will not remove or resign as trustee without Merquip's express written consent.
14. Your privacy
14.1. The Buyer acknowledges and consents to the use by Merquip of the Buyer’s personal
information and that of its employees, officers and agents for the purpose of supply of Goods
to the Buyer hereunder, for general marketing purposes and otherwise in accordance with
Merquip's privacy policy, which is displayed at or available upon request.
Other than in the circumstances allowed under the Privacy Act 2020 or Merquip's privacy
policy, Merquip does not disclose such personal information to other parties. The Buyer may
contact Merquip's privacy officer at any time to access or change any personal information
provided to Merquip.
15. Variation of these Conditions of Trade
15.1. These Conditions of Trade may be varied, replaced or deleted from time to time by Merquip
and those items so altered shall form part of the contract between the parties in relation to
orders and requests for Goods made or placed by the Buyer with Merquip.
15.2. Failure by Merquip to insist upon strict performance of any term of any contract between the
parties or of any of these Conditions of Trade shall not constitute a waiver of a similar or
subsequent breach, and the rights of Merquip to enforce these Conditions of Trade and those
in any contract shall remain valid and subsisting.
16. Assignment
16.1. The Buyer must not assign any rights or benefits under these Conditions of Trade unless the
Buyer has obtained Merquip's prior written consent. Any change in any ownership interest in
the Buyer will be treated as an assignment for the purposes of this clause 16.1.
16.2. Any assignment by the Buyer without Merquip's written consent will:
16.2.1. constitute an Event of Default for the purposes of clause 7.1;
16.2.2. release Merquip (at its discretion) from its obligations under these Conditions of
Trade; and
16.2.3. allow Merquip to exercise its rights under clause 7.2.
16.3. Merquip may at any time assign, sub-contract or license any of its rights, benefits or
obligations under these Conditions of Trade without the Buyer’s consent.
17. Severability
17.1. If any provision of these Conditions of Trade, or any provision of a contract between Merquip
and the Buyer regarding Goods, is or at any time becomes invalid, void or unenforceable, the
remaining provisions will continue in full force and effect.
18. Time of Essence and No Waiver
18.1. Time is the essence of these Conditions of Trade and any contract between Merquip and the
Buyer regarding Goods. Neither failure nor delay by Merquip to exercise any power, right or
remedy under these Conditions of Trade will operate as a waiver by Merquip of that power,
right or remedy.
19. General
19.1. These Conditions of Trade shall be governed by the laws of New Zealand.
19.2. These Conditions of Trade may be updated by Merquip from time to time and all amendments,
updates and variations made from time to time shall apply as and from the date updated and
published at
19.3. These Conditions of Trade bind:
19.3.1. if these Conditions of Trade are included as part of any trading agreement entered
into with Merquip, each person or entity to that trading agreement; or
19.3.2. if these Conditions of Trade are included as part of, or accompany, a credit account
application, each person or entity to that credit account application; or
19.3.3. if these Conditions of Trade are included as part of, or accompany, any confirmation
of order, invoice or other document issued by Merquip, each person or entity to
whom the confirmation of order, invoice or other document is addressed, who is
identified in the confirmation of order, invoice or other document as a customer or
to whom Goods are expressed to have been sold in the confirmation of order,
invoice or other document;
in respect of each sale or supply of Goods by Merquip to the relevant Buyer, and in respect of
each contract between Merquip and the relevant Buyer for each such sale or supply.
19.4. Except as otherwise expressly stated in these Conditions of Trade, these Conditions of Trade
do not oblige Merquip to sell or supply any Goods to the Buyer.
19.5. Neither party shall be liable for any default due to any act of God, terrorism, war, strike, lock
out, industrial action, flood, storm, pandemic, endemic or other event beyond the reasonable
control of either party.
19.6. Merquip shall be under no liability whatsoever to a Buyer for any indirect or consequential
loss and/or expense (including loss of profit) suffered by that Buyer arising out of a breach by
Merquip of these Conditions of Trade, including a defect in the Goods provided.
20. Signing
The Buyer agrees to these Conditions of Trade.
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