The undersigned will/will not submit a financial statement. Any misrepresentation in this application will be considered evidence of a fraud, since this information is the basis for the granting of credit.
As an inducement to grant credit, the undersigned warrants that the information submitted is true and correct. You are authorized to investigate the credit references listed.
In consideration of credit being extended by ______________________________to the above named applicant for merchandise to be purchased whether applicant be an individual or individuals, a proprietorship, a partnership. a corporation, or other entity, the undersigned guarantor or guarantors each hereby contract and guarantee to ________________________ the faithful payment, when due, of all accounts of said applicant for the purchases made within five years next after the date of this application. The undersigned guarantor or guarantors, each hereby expressly waive all notice of acceptance of this guarantee, notice of extension of credit to applicant, presentment, and demand for payment on applicant, protest and notice to undersigned guarantor or guarantors of dishonor or default by applicant or with respect to any security held by __________________________, extension of time of payment to applicant, acceptance of partial payment or partial compromise, all other notices to which the undersigned guarantor or guarantors might otherwise be entitled and demand for payment under this guarantee. Absent written permission by creditor, this personal guarantee may not be revoked.
In consideration for credit being extended, I or we acknowledge and agree the following: (1) Payment is jointly, severally and unconditionally guaranteed within 30 days of date of delivery; (2) any charges unpaid after the above 30 days are to be increased by 11/2 % per month; (3) any charges still outstanding after 90 days from the date of delivery are subject to collection or arbitration expenses , attorney’s fees, and court costs will be borne by the purchaser; (4) title to all work shall remain with the creditor until all invoices and additional charges have been paid in full; (5) all claims , requests for adjustments, or notification of errors must be made within 30 days, or charges are considered accepted; (6) this agreement shall apply to all current and future charges unless revocation is received by registered mail; (7) credit privileges may be withdrawn at any time without invalidating the terms of this agreement.
Please Print This out and Fax it to: 330-244-8561 or copy and paste into an email to:info@litz-wire.com
