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Credit Application
COMPANY INFORMATION
For Credit Application Submission Confirmation
PURCHASING CONTACT
ACCOUNTS PAYABLE CONTACT
GENERAL INFORMATION
Type of Ownership
Sole Ownership
Partnership
LTD
SHIPPING INFORMATION
TRADE REFERENCES
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Account Terms:
The Undersigned (the "Purchaser") hereby agrees that all purchases shall be subject to the terms and conditions as follows: 1. The Purchaser shall comply with and satisfy all payment terms and conditions of Graphic Controls (hereinafter referred to as "Graphic Controls"). Graphic Controls credit terms are net thirty days from the date of the invoice. Statements shall be sent quarterly. It is the Purchaser's responsibility to insure that payment is received at the remittance center. From time to time, as determined in the sole discretion of Graphic Controls, in connection with the sale of goods and/or services to the Purchaser, Graphic Controls reserves the right to amend these terms and conditions with or without notice to the Purchaser. 2. The Purchaser shall promptly notify Graphic Controls of any change of ownership and/or billing information or if the Purchaser files for bankruptcy. 3. Payment for the goods shall be made by the Purchaser pursuant to Graphic Controls policies, terms and conditions regarding payment of invoices and shall be subject to the terms of such invoices from time to time in effect. If the Purchaser does not comply with Graphic Controls payment terms and inadvertently makes deductions from amounts due, Graphic Controls reserves the right to withhold payments otherwise due to Purchaser as an offset against amounts not paid by the Purchaser. 4. If Purchaser's account becomes past due, and Graphic Controls, a collection agency and/or an attorney seeks to collect such past due amounts, then in addition to the amount past due, Purchaser shall pay to Graphic Controls all collection costs, attorney's fees, repossession fees, court costs, and all other fees incurred by Graphic Controls in order to recover past due amounts owed by the Purchaser together with interest at the maximum allowed by law. 5. If Purchaser or any of its affiliates or subsidiaries, now or in the future, owns/operates in whole or in part additional locations which purchase Graphic Controls goods, then the Purchaser agrees to comply with all the terms and conditions of this credit application for each additional location. 6. Purchaser hereby authorizes the financial or banking institution identified in the credit application to release to Graphic Controls credit information relating to the accounts listed. 7. In the event that the credit application is executed by more than one person or entity, the term "Purchaser" shall be deemed to include all such persons and entities and their obligations and liabilities to Graphic Controls in connection with the goods shall be joint and several. 8. The extension by Graphic Controls of credit to the Purchaser and the amount, terms and conditions of such credit will be in the sole, absolute and exclusive discretion of Graphic Controls. Graphic Controls reserves the right to terminate the extension of credit to the Purchaser at any time with or without notice and to change any of the terms upon notice to the Purchaser. Purchaser acknowledges that Graphic Controls will rely upon the representations made in the credit application for the purpose of extending credit to Purchaser. The Purchaser hereby certifies that all information contained in the credit application is complete, accurate and truthful.
I have read and understood the Account Terms above.