Conditions of Credit

The terms and conditions that will apply to the provision of credit by Flight Centre (UK) Limited, company number 02937210 (“Flight Centre”) are as follows:

 

1. You warrant that all information provided by you is accurate, correct and complete and is supplied for the purpose of obtaining credit.

2. The person/s signing below warrants that he/she is over the age of eighteen (18) years and is duly authorised by the applicant to apply for credit and execute these Credit Conditions on its behalf.

3. Should you default in making any payment to Flight Centre when it falls due all money due and owing to Flight Centre shall immediately become payable. Flight Centre shall be entitled to (i) charge interest and debt recovery costs in accordance with late payment legislation on all amounts due and owing calculated from the due date for payment until the actual date of payment; and (ii) set off all liabilities you have to Flight Centre and deduct all amounts owing from any security deposit you have paid to Flight Centre.

4. The credit limit approved by Flight Centre must not be exceeded. Flight Centre periodically reviews its credit limits and may increase or reduce the credit limit on your credit account at its discretion.

5. If you have been approved for extend credit terms (i.e. monthly) you agree to the pay the extended credit surcharge. The extended credit surcharge may at Flight Centre’s discretion be varied or changed upon thirty (30) days’ notice and must be paid in accordance with the invoice terms provided by Flight Centre to you.

6. Flight Centre may at its discretion temporarily increase the limit on your credit account in the following instances:

       (i) where Flight Centre accepts your booking and the total booking cost exceeds the limit on your credit account;

       (ii) any fees or charges levied by the airline, hotel operator or any third party provider for any variation to your booking, where the debiting of such fee or charge will exceed the limit on the credit account;

       (iii) in any other circumstance where Flight Centre debits your credit account in accordance with the terms and conditions herein contained and the limit on your credit account is exceeded.

7. Flight Centre may at its sole discretion reduce the credit limit on your credit account, revoke your credit account, or change or vary the credit terms, at any time without your approval. Reasonable written notice will be provided by Flight Centre prior to reducing or revoking your credit account.

8. Flight Centre may charge statutory interest and compensation for debt recovery costs under late payment legislation for all overdue amounts. Any other expenses and/or costs or disbursements including but not limited to legal costs incurred by Flight Centre in recovering any outstanding monies owing to it, shall be paid by you.

9. Flight Centre may at its sole discretion at any time impose as a condition precedent to granting further credit to you, that you provide security or additional security as the case may be. Flight Centre shall be entitled to withhold the supply services or further credit until such security or additional security is obtained.

10. Flight Centre may at its sole discretion close or suspend the credit account without notice to you and require immediate payment of all outstanding amounts in the following circumstances:

       (i) where credit is obtained by fraud or dishonesty;

       (ii) where the monthly statement remains unpaid after the due date;

       (iii) any breach of these terms and conditions by you;

       (iv) where a guarantee, deposit or other security is withdrawn;

       (v) where an order is made or you pass a resolution for your winding up, or an application is made to a court for your winding up, or your shareholders pass a resolution for your winding up, or a receiver, receiver and manager, controller, or similar person is appointed to, or the holder of a security interest takes (or appoints an agent to take) possession of, any of your property, or a provisional liquidator is appointed to you, or you are placed, or take steps to place, into administration or enter, or take steps to enter, into a deed of company arrangement;

       (vi) where Flight Centre at its discretion believes that the continued use of the credit account may cause loss or damage to Flight Centre.

11. On indication that you will cease your relationship with Flight Centre, full payment of account will be made within 14 days of date of account cessation.

12. Any security deposit, or part thereof, that you have paid to Flight Centre shall be repaid to you on the later of: (i) 120 days after the last date of any travel you have booked through Flight Centre; or (ii) on satisfaction of all your liabilities to Flight Centre.

13. You and your directors authorise and unconditionally grant consent to Flight Centre to obtaining from a credit reporting body or other person or company, information and/or reports concerning you during the continuance of your credit account so as to assist Flight Centre in deciding whether to grant credit or to continue to grant credit to you or for collecting overdue payments in respect of commercial credit applied for or provided to you.

14. You authorise and provide consent to Flight Centre disclosing information about your credit worthiness or repayment history information to credit reporting bodies and credit providers who have or intend to enter into some commercial or other dealings with you and/or grant credit to you.

15. Despite the existence of a dispute, you must continue to make due payments to us except to the extent that the amount of payment is in dispute.

16. No amendment to these Conditions of Credit has any force unless it is in writing and signed by Flight Centre and your authorised representative. For the avoidance of doubt, this paragraph does not restrict Flight Centre’s ability to change or revoke your credit limit in accordance with these Conditions of Credit.

17. Flight Centre may assign its rights and obligations under these Conditions of Credit to any person at any time by giving you written notice.

18. The parties agree to keep these Conditions of Credit confidential.