CONDITIONS (TERMS ARE NET 30 DAYS UPON CREDIT APPROVAL)
Terms of Sale, including terms of payment and charges, for each purchase are agreed to be those specified on the face of each invoice. The customer hereby agrees to pay all costs of collection or legal fees should such action be necessary due to non-payment. The above information is willingly supplied and the creditor is authorized to contact the above bank and trade references in order to establish the creditworthiness of the above named company. If the applicant is not a corporation, the creditor is authorized to obtain credit reports on the proprietors, partners or principals. Should a credit availability be granted by the creditor, all decisions with respect to the extension or continuation shall be in the sole discretion of the creditor. The creditor may terminate any credit availability within its sole discretion.
DISPUTES: Any dispute or controversy arising from this agreement will be resolved by arbitration by the American Arbitration Association at Orange County, California. The language of the arbitration shall be English, the number of arbitrators shall be one. The parties agree the American Arbitration Association’s expedited rules shall apply and they waive all right to any hearing requiring witness production. The arbitrator shall issue an award based upon the written documentary evidence supplied by the parties. The arbitrator’s award shall be binding and final. The losing party shall pay all arbitration expenses, including all attorney’s fees.
FOR PROPRIETORS, PARTNERS, S-CORPORATIONS IN THE U.S.
I authorize the seller and their assigns to obtain a consumer credit report on my credit history.
The undersigned, for consideration do hereby individually and personally guarantee the full and prompt payment of all indebtedness heretofore or hereafter incurred by the above business. This guarantee shall not be affected by the amount of credit extended or any change in the form of said indebtedness. Notice of the acceptance of this guarantee, extension of credit, modification in terms of payment, and any right or demand to proceed against the principal debtor is hereby waived. This guarantee may only be revoked by written notice which shall be sent to the creditor’s credit office by certified mail. Any revocation does not revoke the obligation of the guarantors to provide payment for indebtedness incurred prior to the revocation. I authorize the seller and their assigns to obtain a consumer credit report and to contact my references as necessary. As guarantor, I am also bound by the above arbitration clause.
PLEASE READ THE FOLLOWING INFORMATION
By signing this document, you are agreeing that you have reviewed the following consumer disclosure information and consent to transact business using electronic communications, to receive notices and disclosures electronically, and to utilize electronic signatures in lieu of using paper documents. You are not required to receive notices and disclosures or sign documents electronically. If you prefer not to do so, you may request to receive paper copies and withdraw your consent at any time.
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