12. DHL in its absolute discretion may approve or reject your application for a credit account. If approved, DHL in its absolute discretion may terminate your credit account at any time without giving notice of termination to you.
13. You may terminate your credit account by giving DHL at least 30 days written notice.
14. Upon termination of your credit Account you shall pay DHL all outstanding amounts within 7 days.
15. If any provisions or part provisions of this Contract are held to be, or become, illegal, invalid or unenforceable, they shall be deemed deleted. This does not affect the validity of the remaining provisions or part provisions.
16. You:
- accept that if you are late or default in any payment under DHL's payment terms, then the full amount becomes immediately due and payable, and credit facilities may be withdrawn at any time;
- if payment is not made in accordance with DHL's terms and conditions then DHL shall without prejudice to any other remedy be entitled to charge interest and administration charges at the rate of 10% per annum. You shall also be liable for any legal and associated costs incurred by DHL in seeking recovery of amounts owed by you or the receiver of any Goods if the receiver refuses to pay or if DHL is unable to collect payment for any reason;
- agree that DHL may give to and seek from any credit reporting agency or other credit providers personal and/or commercial credit information about the applicant including information about credit worthiness, credit standing, credit history or credit capacity that credit providers are allowed to give or obtain under the Privacy Act, and use this information to assess this application, notify other credit providers of a default by you, or collect overdue payments.
17. You, the applicant, are solely responsible for the management and security of your DHL account number. When individuals contact DHL holding themselves out to be your authorised representative and quoting your account number, DHL is entitled to rely on that person acting with your authority. DHL can accept no responsibility for unauthorised use of account numbers (although DHL will ensure that its own records of your account details and number are kept secure and confidential).
18. If you are a sole trader or partnership at the time of signing this credit application and later incorporate, then you agree to be personally liable for any debts incurred after the date of incorporation.
19. You must at any time take such action including execute such documents as DHL may consider necessary or expedient to give full effect to this Contract or any provision of this Contract.