In these terms and conditions, the following words shall have the following meanings:
“the Company shall mean Stafford Wholesale Limited.
“the Customer shall mean the person, firm or company offering to purchase the Goods or Services from the Company.
“the Goods shall mean the wine, spirits, tobacco or other products, the subject matter of a contract between the Company and the Customer. This will also include any Services, the subject matter of the contract between the Company and the Customer.
“the Services shall mean the warehousing or management of any products, the property of the Customer, the subject matter of the contract between the Company and the Customer.
The Company has a general and particular lien over the Goods for all sums owing by the Customer to the Company until such sums have been received in full by the Company. In case any lien is not satisfied within a twenty-eight (28) day period of time from the date upon which The Company first gives notice of the exercise of its lien to the Customer, the Goods may be sold and the proceeds of sale applied in or towards the satisfaction of every such lien and all proper charges and expenses in relation thereto. The Company will account to the Customer for any surplus.
The Company shall be entitled at the expense of the customer to dispose of the Goods by sale (or otherwise as may be reasonable in all the circumstances);
a: on twenty-eight (28) days notice in writing to the Customer, or where the customer cannot be traced and reasonable efforts have been made to contact any parties who may reasonably be supposed by the Company to have any interest in the Goods, any Goods which have been held by the Company for sixty (60) days and which cannot be delivered as instructed, and
b: without prior notice, Goods which content has perished, deteriorated or altered or there is an imminent prospect of doing so (in the reasonable opinion of the Company) in a manner which has caused or may reasonably be expected to cause loss or damage to third parties or to contravene any applicable laws or regulations.
Upon accounting to the customer for any balance remaining if any after payment of any sum due to The Company and the costs of sale or disposal by the Company shall be discharged from any liability whatsoever in respect of the Goods or Services.
During the currency of the exercise of lien, the Company is entitled to be paid storage charges and any additional handling charges at its current rates in force immediately prior to the imposition of the lien. If the Contract has been terminated, the relevant rate at which the storage charges will be payable will be that in force immediately prior to termination.