Customer agrees to Credit Terms; statements due and payable within 10 days of receipt, unless alternative Credit Terms are authorized in writing. Balances outstanding after 30 days are subject to 1.5% per month interest.
Applicant agrees to pay any and all collection costs incurred to collect the account balance including court costs, collection fees and attorney's fees.
As an inducement to grant credit, the undersigned also agrees to the need for verification of all information on this application and authorizes and releases all banks, businesses and persons identified in this application to furnish any and all information requested by Best Line Oil Co. Inc or its affiliated companies. The undersigned authorizes release of such information by the signature below.
I certify that the above information is true and correct. The information is to be used only for the opening of an account, The undersigned for consideration do hereby guarantee collectively the full and immediate payment to Best Line Oil Co Inc or its affiliated companies of all indebtedness heretofore and hereafter incurred for the purchase of materials supplied to the above mentioned company. This guarantee shall not be affected by the amount of credit extended or any change in the form of said indebtedness. This does not revoke the obligation to the guarantors to provide for prompt payment for indebtedness incurred.