By submitting this application, you authorize Commissary and Headington Hospitality Employee Holdings, LLC (HHEH, LLC) to make inquiries into the banking/trade references that have been supplied. This agreement authorizes HHEH, LLC to initiate debit or credit entries to Customer's bank account and receive such funds in settlement of Customer's obligation with HHEH, LLC. Customer agrees and gives its approval to its bank or financial institution for HHEH, LLC to draft against Customer's account(s) and said bank or financial institution may rely upon executed copy of this Agreement without further authorization from the Customer.
All invoices are due and payable within 15 calendar days from the date of the invoice. A late fee of 3% per month may be applied to overdue balances, starting on the 16th day. If payment is not received within 30 days, the account may be subject to additional collection efforts and fees.