Interest Free Payment Terms - Deferred or Spread Payment

Acceptance of terms

1. The Standard Terms and Conditions, as amended by these, International Nutritionals Ltd trading as Agrifeeds Promotion Terms and Conditions (the “Promotion Terms and Conditions”), apply in relation to participation in the Promotion. Any participation in the Promotion shall constitute acceptance of the Promotion Terms and Conditions. In the event of any inconsistency between any provision of the Standard Terms and Conditions and these Promotion Terms and Conditions, the provision in these Promotion Terms and Conditions shall prevail.

2. The current version of these Promotion Terms and Conditions will be maintained on the Agrifeeds Website. Agrifeeds reserve the right to withdraw or change these Promotional Terms and Conditions at any time in accordance with clause 7. Agrifeeds recommend that you review these Promotion Terms and Conditions from time to time for changes. Members who continue to participate in the Promotion following such a change will be considered to have accepted the updated Promotion Terms and Conditions.

The offer

3. These Promotion Terms and Conditions apply to the purchase and delivery of Promotional Products from the 1st June – 31st August 2020 (“Promotion Period”). The Standard Terms and Conditions, as amended by these Promotion Terms and Conditions, shall apply to all purchases of the Promotional Products.

4. The offer includes the option to finance all Agrifeeds products purchased interest free for three (3) months.

5. The interest free option and payment frequency must be confirmed by you at the time of purchase and payments may either be made in equal instalments or deferred for payment until three months after the initial delivery date (in respect of each purchase of Promotional Products, an “Interest Free Period”), with all deferrals appearing on the statement sent to you in the month immediately before the due date for payment.

6. In the event instalment payments are not received on the due date or payment is not made in full by the due date, Agrifeeds overdue interest rates apply (available on the Agrifeeds website).

General

7. Notwithstanding clause 2 above, Agrifeeds reserve the right to withdraw or change these Promotional Terms and Conditions, at any time, on reasonable notice for legal, regulatory, business or policy reasons. Customers who continue to participate in the Promotion following such a change will be considered to have accepted the updated Promotion Terms and Conditions.

8. If Agrifeeds does not exercise or enforce any right available to it under these Promotion Terms and Conditions, it does not constitute a waiver of those rights.

9. These Promotion Terms and Conditions are governed by the laws of New Zealand. You submit to the non-exclusive jurisdiction of the Courts of New Zealand.

10. In these Promotion Terms and Conditions:

a) “Agrifeeds” means International Nutritionals Limited.

b) “Agrifeeds Website” means https://agrifeeds.co.nz/

c) “Promotion” means the promotion in relation to the Promotional Products, as further described in these Promotion Terms and Conditions.

d) “Promotion Period” means the period from 1st June to 31st August 2020.

e) “Promotional Product” means all Agrifeeds Products.

f) “Standard Terms and Conditions” means the Farm Source Account terms and credit criteria.

g) “Deferred” means option to defer payment for specified timeframe.

h) “Spread” means the option to spread the payment equally over specified timeframe.