TERMS AND CONDITIONS OF SALES
DISCOUNT PLAN I
DISCOUNT PLAN I:
This discount is based on single purchases.
1- Cash Customers including: checks and
bb Your DISCOUNTS are as follows:
bb $250.00 to 999.99 X5%
bb $1,000.00 +X
2- Customers with Approved Terms
bb Your DISCOUNTS are as follows:
bb $500.00 to 1499.99 5% discount
bb $1,500.00 + 10% discount
• These discounts are based on every invoice generated
by a customer.
• All payments with terms are due in the Malloy’s
Nursery Office within b30 days
of the customers invoice date.
invoice that is not paid within the 30-day grace period will
bautomatically forfeit all discount
• Each invoice will show the current listed price at time
of purchase and bthe date that
invoice must be paid to receive discount. The discount will
bbe applied when terms of payment
are bmet in full.
• We reserve the right to cancel credit at any time.
• Credit card sales earn a maximum discount of 5%.
bSpecial priced items, re-wholesale
items, shipping charges, and sales tax cdo
not earn discount.
• Volume Discount Plan I effective June 1, 2005
DISCOUNT PLAN II
VOLUME DISCOUNT PLAN II:
This discount will be calculated at the end of the each year or
and is generated by each invoice.
for Annual Volume Discount:
1-Purchase $50,000 + yearly
2-All payment terms met in full
Each calendar year or December 31, an ANNUAL VOLUME DISCOUNT will
be awarded to the businesses who have fully complied with the Annual
Volume Discount requirements. The award will add an additional 2%
discount on all invoices to the next 12 month calendar cycle or January
– December thereby, bringing up your discount to 12 % (The Volume
Discount or 10% received on each invoice and an additional 2% when
meeting the Annual Volume Discount requirements).
• Each invoice will show the full listed price at time of
purchase and the date that invoice must be paid to receive discount.
The discount will apply only when terms of payment are met in
• If the volume drops below $50,000 annually the discount
will revert back to single purchases or the Volume Discount Plan
I. All terms of payment must be met in full to receive Annual
• A Calendar Year is January to December.
xxxx1- Current customers meeting
the Annual Volume Discount xxxxrequirements
for the current Calendar Year and for the previous xxxxCalendar
Year will be awarded the Annual Volume Discount starting xxxxits
xxxx2- Each account will be reviewed
at the end of the Calendar Year or xxxxin
December to determine the Annual Volume Discount on purchases
xxxxfor the next Calendar Year.
xxxx3- The Annual Volume Discount
will be applied to each invoice the xxxxfollowing
year as all requirements are met in full.
xxxx4- A courtesy letter will be
sent in January listing your purchase xxxxdiscount
xxxx5- Annual Volume Discount Plan
II effective June 1, 2005
All prices listed for Malloy’s Nursery are for the wholesale
They are based on current market conditions, FOB Malloy’s Nursery,
Inc., Monticello, FL and are subject to change without notice.
New Customers will be required to show proof of business and make
customer application by filling out a customer information form. See
We accept Cash, MasterCard, Visa, Discover, American Express, or a
company check (no counter checks) for payment. A 25% deposit is required
on all orders to be held for future delivery. The order must be picked
up within 30 days. If terms of the agreement are not met, the deposit
will be forfeited. Acceptance of company check is subject to approval
by the credit department of Malloy’s Nursery, Inc. When an account
has been established., payments are due by invoice within 30 days
of invoice date. Malloy’s Nursery, Inc. reserves the right to
cancel credit at any time. Shipping charges are the actual billed
amount from the carrier.
& CONDITIONS of SALES:
All sales are cash unless credit arrangements are made
in advance. Once a credit application has been processed and credit
has been granted the following terms apply. All credit sales are on
a 30-day net due basis. Finance charges are assessed monthly at the
annual rate of 18%. All payments are applied to finance charges first
and then the oldest balance. Any account 45 days past due will automatically
be placed on COD unless other payment arrangements have been made
in advance. Payments received on past due accounts will continue to
be credited against finance charges first and then oldest balance.
If an account remains in an over 30-day status for three consecutive
months credit terms are revoked. There will be a $20 service charge
on all returned checks, plus cost of collection, if any.
Walk-in orders will be processed on a first come first served basis.
It is recommended that orders for pickup be placed 24 hours in advance
to insure prompt loading.
Please note at the time of delivery, the condition and count of all
plants on the delivery notification. All claims must be made within
5 days of receipt of plants. Malloy’s Nursery, Inc. will make
all efforts to correct any mistake made by its personnel, but under
no circumstances will Malloy’s Nursery, Inc. be responsible
for more than the purchase price of the plants.
Nursery warrants to the extent of the purchase price that all nursery
stock is true to its name. We give no other warranty, expressed or
implied, and will under no circumstances be liable for more than the
actual purchase price of the plant itself.
OR PAST DUE PAYMENTS:
All past due accounts will be assessed a monthly late charge of 1.5%
per month after due date of the open balance. Customer agrees that
in the event of litigation between the parties, such litigation may
be instituted and applicant consents to jurisdiction and venue in
Jefferson County, Florida. Customer agrees to pay 15% of principal
and interest as attorney fees and all court costs.
STATE LAW REQUIRES:
All dealers in agricultural products covered by the Florida Agricultural
License and Bond Law, Sections 604.15 - 604.30, Florida Statutes,
who buy or receive such products from Florida producers, their agents
or representatives, on other than cash currency basis must be licensed
and bonded. (Citrus, tobacco, sugar cane & tropical foliage are
not covered by the law.) If you operate in a manner which would require
your compliance with this law and are not presently licensed and bonded,
you should contact:
of License and Bond
Department of Agriculture and Consumer Services
Mayo Building, Room 418
Tallahassee, FL 32301.