AUTHORIZATION: The Applicant understands and agrees without reservation that as a condition of the Company considering offering the Applicant credit, the Applicant will provide complete, accurate and truthful information to all questions contained herein, authorizes the Company to conduct such credit investigations as the Company solely judges to be appropriate, and will cooperate with the Company to use such information as the Company solely determines is appropriate. Applicant further agrees to allow the Company to contact project owners and general contractors on any projects covered by this Application to verify all of the information provided within or relevant to this Application. This authorization for verification includes a consent of the Applicant to allow the Company to verify banking information and account details, and payment bonds details relating to the Applicant. Further, the Applicant and all its partners, shareholders, members, or owners thereof authorize Company to obtain credit reports, and to review their credit and employment histories and any other information in order to approve or decline this application, service the Applicant's account, and manage the Applicant's relationship with the Company.
CREDIT TERMS: THE APPLICANT AGREES THAT IF CREDIT IS EXTENDED BY THE COMPANY TO THE APPLICANT, IT IS A CONDITIONAL OFFER, AND THAT CREDIT MAY BE WITHDRAWN WITHOUT NOTICE. The Applicant will, without reservation, comply with their established credit limit, pay all amounts when due, and pay all service charges, collection costs, and attorney fees which the Company may incur in collecting any amounts due to the Company from the Applicant. Payment disputes or claims pertaining to deliveries or products at one address or project will not be used as an offset against payment at any other address. Any amounts not paid within 30 days after the invoice date are past due, and will incur a service charge of 1 ½ % per month (18% per annum) which will be added to the account's balance and continue to accrue until paid. The Company reserves the right to require payment of any amounts due by a joint-payee check from the Applicant's customer, and to require personal guarantees.
TERMS AND CONDITIONS OF SALE: Applicant agrees to comply with the Company's Term and Conditions of Sale, which are available for review during regular business hours at the Company's business office.
INDEMNIFICATION: Applicant agrees to indemnify the Company for any alleged damages, costs, or expenses, including attorney's fees and costs resulting from a product failure as a consequence of the Applicant altering the Company's product.
IF THIS APPLICATION IS APPROVED BEFORE CREDIT CAN BE ISSUED A PRINTED COPY OF THIS DOCUMENT WILL BE PROVIDED FOR THE APPROPRIATE SIGNATURES.