Right part at the right price.
Full registered company name
Trading name (if not as above)
-- Company Type --Public Company(pty) CompanyClose CorporationPartnershipSole Ownership
Date of Registration
Are there any pending legal proceedings or judgements against the firm?
-- Are there any pending legal proceedings or judgements against the firm? --YesNo
Full Names of Directors/Members/Partners/Owners
1. Name of Director/Member/Partner/Owner
2. Name of Director/Member/Partner/Owner
1. ID Number of Director/Member/Partner/Owner
2. ID Number of Director/Member/Partner/Owner
Nature of Business
Maximum Credit Required – Per Month R
-- Account type --CODCurrentWeekly30 Day
Trade References (Name & Number)
1. Trade Reference Name
1. Trade Reference Tel Number
2. Trade Reference Name
2. Trade Reference Tel Number
3. Trade Reference Name
3. Trade Reference Tel Number
4. Trade Reference Name
4. Trade Reference Tel Number
Bank Account Number
Conditions of Credit:
1. Any credit facility that may be granted may be withdrawn at any time without notice. 2. Payment of any credit granted shall be strictly 30 days, and should that payment not be made within such period Naskar Spares and Accessories (Silverton) CC shall be fully entitled to forthwith institute legal proceedings for the recovery of such moneys as are due and owing without any notice. 3. In the event of such legal proceedings arising you hereby agree to pay the Plaintiff’s costs on an Attorney and Client Scale and furthermore hereby consent to the jurisdiction of the Pretoria Magistrates Court.
Your Full Name
I hereby certify that I am duly authorised to sign this Credit Application and record that I agree to the terms and conditions set out in Conditions of Credit above.
I/We by my/our signature hereto bind myself/ourselves jointly and severally in my/our personal capacity/ies as surety and co-principal debtor in solidum with the Applicant to the creditor for the payment to the Creditor and fulfilment of all obligations owed to the Creditor by the Applicant, past, present or future, from whatever cause arising including for losses and damages. This suretyship shall be a continuing one and, I/we can only be released in writing by the Creditor.
I/We hereby renounce the benefits of the legal exeptions “non causa debiti”, “ardinis seu et divisionis” amd “cession of action” with the force and meaning and effect of the liabilities and/or obligations of the Applicant to the Creditor. I/We acknowledge that this suretyship shall be in addition to and without prejudice to any other suretyship/s or security/ ies now or at any time hereafter held by the Creditor in respect of the liabilities and/or obligations of the Applicant to the Creditor.
I/We acknowledge that this deed of suretyship has been prepared in a form for signature by more than one surety and accordingly acknowledge further that each surety who signs it acknowledges and records that notwithstanding the fact that it provides for signature hereof by other sureties, there is a separate, distinct and independent contract or suretyship brought into existence by each surety who does sign it. Accordingly if for any reason any surety to sign this deed of suretyship for any reason whatsoever, or of the suretyship shall for any reason cease to be or if not binding on any one or more of the sureties, then the obligations of the other/s shall be and continue to be binding and remain of full force and effect in terms hereof.
Your ID Number