NOTE: If you chose to use a preprinted sheet with trade and bank references listed, please do so, and submit it along with our signed credit application.
CREDIT TERMS:
Net 30 All past due invoices will be subject to late fees, the maximum allowable by law.
GENERAL AGREEMENT REGARDING ACCOUNT
As a duly authorized owner/officer of this company, I/we the undersigned warrant that the information herein given is correct and request that standard credit terms be extended by Warehouse-
Lighting.com to our company based on this information. I/we authorize Warehouse-Lighting.com to verify our credit background and further authorize our references to release information directly toWarehouse-Lighting.com and, for such verification. The following terms are agreed to:
(A) TERMS OF SALE: Net amount due in 30 days with a monthly service charge of 1 ½% per month assessed on all accounts past 30 days after invoice date. Applicant agrees that the delivery invoice shall be the document relied on by both parties as the document setting this specific charge for each delivery, the applicable dates and the amounts thereof. Monthly statements, if any, are mailed for reconciliation purposes only. Applicant agrees that, should collection action be instituted against us, I/we agree to pay all costs thereof including for collection agency fees, reasonable attorneys fees, whether or not a lawsuit is actually brought to enforce collection, and court costs, if any. I/we waive all rights relating to venue and agree that any and all legal action shall be brought in Milwaukee County, Wisconsin. The laws of the state of Wisconsin shall govern the relationship of the parties.
(B) TERMS OF DELIVERY AND ACCEPTANCE OF MATERIAL: Warehouse-Lighting.com is authorized to deliver and leave material at designated job sites, or to deliver material to individuals who indicate that they represent the applicant. Such deliveries are considered accepted by applicant as of the date of delivery with regard to satisfactory count and condition. Applicant further agrees to comply with and acknowledges receipt of the current terms and conditions of sales as established by Warehouse-Lighting.com.
PERSONAL GUARANTEE:
In consideration of granting credit to this company, I/we hereby personally and severally guarantee all purchases, promissory notes, and other forms of indebtedness as may presently exist, or may be incurred from time to time, by this company or person in favor of Warehouse-Lighting.com, under the terms and conditions as stated above, exclusive of my official capacity in the above stated company. I/we further agree that if action is taken to enforce the terms of this guarantee, that Warehouse-Lighting.com shall be entitled to recover a reasonable attorney’s fee and court costs. I/we agree that proper venue of all legal proceedings is in Milwaukee County, Wisconsin.