form

    Application for Services with

    Revert Group Pty Ltd, A.C.N. 656 959 232 (Revert Group)

    (Registered Business Name)

    (If different from above)

    (If applicable)

    *Herein (Customer)

    Accounts Information

    Details of Responsible Persons (Directors, Partners, Sole Traders, Trustees,Individual)


    (Repeat as required for other Responsible Persons)

    Trade References

    Trade References

    1.


    Payment: The Customer must pay for all Services supplied by Revert Group within 14 days of the issue of an Revert Group invoice.

    9.


    Notification of Change of Details: The Customer must notify Revert Group of any change in its structure or management, including any change of Director, shareholder, partnership, trusteeship or address within 7 days of the change.

    2.


    Interest: Revert Group is entitled to charge the Customer interest on amounts not paid within the specified Invoice at a rate equivalent to the civil court rate applicable in the state of NSW, from invoice date until payment of the debt

    10.


    Continuing Guarantee: Any guarantee shall remain in force so long as the Customer shall maintain an account with Revert Group. All guarantees shall be continuing guarantees and will terminate only in writing from Revert Group.

    3.


    GST: Each amount payable by the Customer under these Terms in respect of a Taxable Supply by Revert Group is a GST exclusive amount and on receipt of a tax invoice the Customer must, in addition to that amount and at the same time, pay the GST payable in respect of that supply. “Taxable Supply” and “GST” have the meanings set out in the A New Tax System (Goods and Services) Act 1999.

    11.


    Set off: Revert Group may at any time set-off amounts owed by Revert Group to the Customer against amounts owed by the Customer to Revert Group.

    4.


    Withdrawal or variation of these Terms: Revert Group may at any time, without the need to provide a reason, vary or withdraw or amend these Terms.

    12.


    Effect of other terms: These Terms are in no way affected by any other express or implied terms contained in any terms of service issued in relation to the provision of the Services. No terms of the Customer apply to any agreement between the Customer and Revert Group.

    5.


    Charge over Customer’s property: As security for payment to Revert Group of all moneys payable by the Customer, the Customer charges in favour of Revert Group all of the Customer’s interests in freehold and leasehold property (both current and later acquired). The Customer irrevocably appoints each Officer as its attorney to do all things necessary to create and register each such charge.

    13.


    Expenses: The Customer must pay to Revert Group any costs, charges and expenses (including all stamp duty and legal fees) incurred by Revert Group in connection with the entry into these Terms, the exercise or attempted exercise of any power, right or remedy under these Terms, and the failure of the Customer to comply with these Terms.

    6.


    PPSA: Each party agrees that: (a) if Revert Group determines that this document (or a transaction in connection with it) is or contains a security interest for the purposes of the Personal Property Securities Act 2009 (Cth) (“PPSA”), then Revert Group may make any registration or notification under the PPSA in connection with the security interest and the Customer may not make an amendment demand in respect of that registration; (b) to the extent the law permits: (i) Revert Group need not comply with, and the Customer may not exercise any rights under, any provisions of Chapter 4 of the PPSA that may be contracted out of; and (ii) the Customer waives its rights to receive any notice that is required by the PPSA (but this does not prohibit Revert Group from giving such a notice); and (c) despite anything else in this document, neither party may disclose any information in connection with this document under section 275(4) of the PPSA unless section 275(7) of the PPSA applies.

    14.


    Trusts: These Terms bind the Customer both personally and as trustee of any trusts of which the Customer is trustee

    7.


    Suspension or Ceasing of Services: (a) Revert Group may in its complete discretion and without incurring any liability to the Customer, cease or suspend supply of Services to the Customer. (b) Without limiting clause 7(a), if an Event of Default occurs, Revert Group may, without prejudice to its other rights, call up moneys owed to it by the Customer, retain all moneys paid on account, or cease further works and recover from the Customer all loss of profits arising therefrom.

    15.


    Severance: Each clause and subclause of these Terms is separate and independent. If any clause or subclause is found to be invalid or ineffective, the other clauses or subclauses or parts will not be adversely affected.

    8.


    Certification: A statement signed by an Officer certifying the amount of any moneys payable by the Customer or identifying any Services as “unpaid for” is, in the absence of manifest error, conclusive and binding on the Customer.
    the Customer ceases or threatens to cease carrying on business; (d) “Officer” means each director, secretary, credit manager and authorised representative of Revert Group; (e) “Services” means all services supplied by Revert Group to the Customer; (f) “Terms” means these General Service Terms.

    16.


    Application of laws: The parties submit to the non-exclusive jurisdiction of the State of New South Wales and the law applying in that State is the proper law governing these Terms.

    17.


    Definitions: In these Terms unless the context requires otherwise: (a) “Customer” means the customer whose details appear in this Application for Services; (b) “Event of Default” means any of the following events: (i) the Customer fails to pay for the Services in accordance with these Terms; (ii) the Customer is in breach of these Terms; or (iii) if the Customer suffers an Insolvency Event; (c) “Insolvency Event” means, for the Customer, as applicable (i) if the Customer is a company, an order is made or a resolution is passed for the winding up of the Customer; the Customer resolves to appoint a receiver or provisional liquidator or an administrator, or a receiver or provisional liquidator or an administrator is appointed; the Customer goes into liquidation or makes an assignment or an arrangement or composition with its creditors; the Customer is unable to pay its debts, stops payment or is deemed insolvent within the meaning of the Corporations Act 2001, or any analogous event; (ii) if the Customer is a natural person, an order is made for the Customer’s bankruptcy, or the Customer dies or becomes mentally or physically incapable of managing his or her affairs or an order is applied for or made to place the assets and affairs of the Customer under administration, or any analogous event; (iii)


    Commercial Credit Information


    I/We consent to and authorise Revert Group:


    Acknowledgement

    Declaration for the National Credit Code:

    a.


    to request commercial credit reports containing information about my/our commercial credit arrangements from commercial credit reporting businesses for the purposes of assessing this application and/or my/our commercial creditworthiness or in connection with any related purpose or the attached Guarantee and Indemnity;

    b.


    to give commercial credit reporting businesses information to enable them to create and maintain information files containing commercial creditworthiness information about me/us;

    c.


    to disclose commercial credit reports or any personal information derived from commercial credit reports, and any information about my/our commercial credit arrangements to Revert Group, any related bodies corporate of Revert Group, any agent of Revert Group, any of my/our current or potential guarantors, and any other current or potential provider of commercial credit to me/ us; and.to exchange information with other credit providers and any collection agents of Revert Group, any of Revert Group’s related bodies corporate and any current or potential provider of commercial credit to me/us.


    I/We declare that the credit to be provided to me/us by Revert Group is to be applied wholly or predominantly for:

    • business purposes; or

    • investment purposes other than investment in residential property

    Privacy


    I/We acknowledge that I/we need not give any of the personal information requested in this application. However, without this information it may not be possible to process this application or provide me/us with an appropriate level of service.
    By signing this application, I/we authorise Revert Group to collect, maintain, use and disclose my/our personal information in the manner set out in Revert Group’s privacy policy as varied from time to time. I/ we am/are aware that the policy is available on Revert Group’s website www.Revert Groupcorporate.com.au or by request.


    I / We agree to be bound by the Declaration and the General Service Terms set out above in this Application
    for Services and Revert Group’s further Terms of Service as set out in each Revert Group quote, and
    warrant that the information given by me/us in this application is true and accurate and that I/we have the
    authority to bind the Customer to the terms and conditions contained herein.


    Signed for and on behalf of the Responsible Person:

    Trade References


    In consideration of Revert Group agreeing at the request of the
    customer named in the Application for Services of which this Guarantee
    forms part (“Customer”) to provide Services to the Customer, each
    person named as guarantor in the Schedule (“Guarantor”) enters into
    this Guarantee and Indemnity (“Guarantee”) in favour of Revert Group
    Corporate Ply Ltd and its related bodies corporate (“Revert Group”) in
    the following terms:


    legal and beneficial, in freehold and leasehold land) both current
    and later acquired. The Customer irrevocably appoints each
    director, secretary, credit manager and authorised representative
    of Revert Group as its attorney to do all things necessary to create
    and register each such charge.

    1.


    Guarantee: The Guarantor unconditionally and irrevocably
    guarantees to Revert Group the due and punctual payment of all
    Guaranteed Moneys and agrees:
    a) on demand from time to time to pay an amount equal to the
    Guaranteed Moneys then due and payable;
    b) any statement signed by a Revert Group director, secretary,
    credit manager or authorised representative certifying the
    amount of Guaranteed Moneys or the money owing by the
    Guarantor under his Guarantee is, in the absence of manifest
    error, binding and conclusive on and against the Guarantor;
    c) this Guarantee is a continuing guarantee and remains in
    full force and effect until all the Guaranteed Moneys are paid
    or satisfied in full and is in addition to, and not prejudiced or
    affected by any other security or guarantee held by Revert Group
    for the payment of Guaranteed Moneys;

    8.


    Trusts: This document binds the Guarantor both personally and as
    trustee of any trust of which the Guarantor is a trustee.

    2.


    Indemnity: If the obligation of the Customer to pay the
    Guaranteed Moneys to Revert Group is unenforceable for any
    reason, the Guarantor as a separate undertaking unconditionally
    and irrevocably indemnifies Revert Group against any loss
    Revert Group suffers as a result. Revert Group need not incur
    any expense or make any payment before enforcing this right of
    indemnity.

    9.


    Expenses: The Guarantor must pay to Revert Group all costs,
    charges, fees and expenses (including, without limitation, all stamp
    duty and legal fees) incurred by Revert Group in connection with
    any entry into this Guarantee, the exercise or attempted exercise
    of any power, right or remedy under this Guarantee, and the
    failure of the Guarantor to comply with any obligations under this
    Guarantee.

    3.


    Waiver: No failure or delay by Revert Group to exercise any
    power, right or remedy under this Guarantee operates as a
    waiver, nor does any single or partial exercise of any power, right
    or remedy preclude any other or further exercise of that power,
    right or remedy. Revert Group’s rights and remedies under this
    Guarantee are in addition to any rights and remedies arising at law.

    10.


    Guarantor: Acknowledgement: The Guarantor acknowledges that the
    a) has entered into this Guarantee voluntarily;
    b) has read and understood the nature and consequences of
    entering into this Guarantee;
    c) has not signed this Guarantee on the basis of any
    representation of Revert Group, its employees, agents or
    representatives or under the duress of any person;
    d) is entitled to seek independent legal advice before signing this
    Guarantee; and
    e) submits to the non-exclusive jurisdiction of the courts of the
    State of New South Wales and that the law applying in that State
    is the proper law governing this Guarantee.

    4.


    Claim in administration: Until this Guarantee is released by
    Revert Group, the Guarantor will not without Revert Group’s
    consent, prove in any Administration of the Customer in
    competition with Revert Group or any related body corporate of
    Revert Group.

    11.


    Severance: Each clause and subclause of this Guarantee is
    separate and independent. If any clause or subclause is found to
    be invalid or ineffective, the other clauses or subclauses or parts
    will not be adversely affected.

    5.


    Continuing guarantee: Any guarantee shall remain in force so
    long as the customer shall maintain an account with Revert Group.
    All guarantees shall be continuing guarantees and will terminate
    only in writing from Revert Group.

    12.


    Definitions: Definitions: In this Guarantee unless the context requires
    otherwise: “Administration” includes any administration or
    liquidation of a corporation, arrangement, receivership,
    receivership and management or anything similar; “Guaranteed
    Moneys” means all moneys which are, will or may be at any time
    in the future, owing or payable to Revert Group by the Customer
    for any reason whatsoever. It includes, without limitation, money
    by way of principal, interest, fees, costs, indemnities, charges,
    duties or expenses or payment of liquidated damages. Where the
    Customer would have been liable but for its Administration, it will
    still be taken to be liable.

    6.


    Application of moneys received: If Revert Group receives or
    recovers money in respect of debts of the Customer or anyone
    else, Revert Group may use it to pay off whichever part of those
    debts it chooses and does not have to apply it for the Guarantor’s
    benefit.

    13.


    Interpretation: In this Guarantee unless the context requires
    otherwise, all references to a party include the party’s successors
    and permitted assigns and where there is more than one
    Guarantor, the obligations of each Guarantor are joint and several.

    6.


    Charge: As security for payment to Revert Group of the
    Guaranteed Moneys and for its obligations generally under this
    Guarantee, the Guarantor charges in favour of Revert Group
    the whole of the Guarantor’s undertaking, property and assets
    (including, without limitation, all of the Guarantor’s interests, both

    13.


    Commercial Credit Information: The Guarantor gives consent
    and authorisation for Revert Group to do the following at any time:
    request commercial credit reports containing information about
    the Guarantor’s commercial credit arrangements from commercial
    credit reporting businesses for the purposes of assessing this
    Guarantee and/or the Guarantor’s commercial creditworthiness or
    in connection with any related purpose;
    give commercial credit reporting businesses information to enable
    them to create and maintain credit information files containing
    commercial creditworthiness information about the Guarantor;
    disclose commercial credit reports and any personal information
    derived from commercial credit reports and any information about
    the Guarantor’s commercial credit arrangements to any related
    bodies corporate of Revert Group, any agents of Revert Group,
    any of the Guarantor’s current or potential guarantors and any
    other current or potential provider of commercial credit to the
    Guarantor for any purpose; and exchange information with other
    credit providers and any collection agents of Revert Group, any
    of Revert Group’s related bodies corporate and any current or
    potential provider of credit to me/us.


    By signing this Guarantee, the Guarantor authorises Revert Group to collect, maintain, use and disclose the
    Guarantor’s personal information in the manner set out above and in Revert Group’s privacy policy as varied
    from time to time. The Guarantor acknowledges having received a copy of the current privacy policy and
    that the Guarantor is aware that the privacy policy is available at www.revertgroup.com.au or on request.

    Guarantor 1

    Guarantor 1

    Accreditations, Memberships & Partnerships