Permission is herewith granted to obtain credit information from all listed references including my bank, as well as, to investigate the above mentioned Purchaser. All financial information submitted in support of this credit application is true and complete in all respects. I understand that our credit terms are net from the date of invoice. Furthermore, I understand that my orders will not be shipped if my account is past- due, and that collection fees (including legal fees), and related costs are my responsibility in the event of my non-payment. Interest on past due accounts will be charged at the rate of 2% per month (24% per annum). I /We hereby authorize IT Yuda to obtain personal and credit information about us and/or our company from any source (including Equifax Canada). Any legal proceeding with respect to any dispute will be tried in an Ontario court of competent jurisdiction by Judge. By my /our signature(s) below, I/We acknowledge in this credit application, IT Yuda’s intent to obtain this information. I/We make this application on behalf of the above mentioned company and understand that the information contained within is for the explicit use of IT Yuda. By executing this credit application, I/we on behalf of the Purchaser do hereby acknowledge having read and understood the foregoing terms and conditions outlined herein above and do, therefore, bind and oblige the Purchaser to the due fulfillment of same.