New Account Registration for Ram Distributors

RAM DISTRIBUTORS, LLC

MULTI STATE CUSTOMER AGREEMENT & COMPLIANCE TERMS

Licensing, Tax Stamping & Regulatory Compliance

Ram Distributors, LLC ("Seller") is a duly licensed Tennessee tobacco tax affixer and is responsible for properly taxing and stamping all cigarette and tobacco products sold within Tennessee in accordance with Tennessee Department of Revenue regulations and all applicable federal laws.

The undersigned applicant ("Buyer") represents and warrants that:

1. Buyer holds a valid Tennessee Sales and Use Tax Certificate of Registration (or equivalent resale certificate in Buyer's state) and will provide copies upon submission and renewal.
2. Buyer shall purchase and resell tobacco products solely within the State of Tennessee and shall not divert or resell stamped tobacco products outside Tennessee.
3. Buyer shall comply with all federal, state, local statutes, regulations, and minimum pricing rules governing the purchase, possession, and resale of tobacco and cigarette products.
4. For non-tobacco products (e.g. beverages, snacks, convenience merchandise) delivered outside Tennessee, Buyer shall comply with all applicable laws, tax obligations, and resale regulations in the jurisdiction where the products are received or resold.

Any misrepresentation or failure to maintain valid resale certificates shall constitute a material breach of this agreement and may result in immediate suspension or termination of purchasing priviledges without notice.

 

Record-Keeping & Verification

Buyer shall maintain complete and accurate records of purchases and sales as required by Tennessee law and other applicable regulations. Buyer authorizes Seller to verify resale certificates, credit worthiness, and trade references at any time and to furnish or obtain information from credit reporting agencies or governmental bodies as neccessary to protect Seller's legal and financial interests.

 

Payment Terms

All transactions are Cash on Delivery (COD) unless expressly modified in a seperate written agreement signed by an authorized officer of Seller. Title and risk of loss shall transfer to Buyer upon delivery.

Any Non-Sufficient Funds (NSF) or returned checks shall incur a $35.00 service fee, and Seller may, at its sole discretion, require future payments by certified funds or cash. Late, unpaid, or dishonored payments shall constitute default under this agreement.

 

Default, Collection, and Governing Law

In the event of defualt, Buyer agrees to pay all outstandinging balances, accrued interest permitted under Tennessee law, and all reasonable costs of collection, including attorney's fees and court costs. Seller may pursue any remedies available at law or in equity, and Buyer consents to the jurisdiction and venue of the courts of the State of Tennessee for all disputes arising under or related to this agreement. This agreement shall be governed by and construed under the laws of the State of Tennessee without regard to conflict-of-law principles. 

 

Personal Guarantee of Payment

To induce Seller to extend COD privileges, the undersigned individual(s) ("Guarantor") personally, absolutely, and uncondtionally guarantee the prompt payment of all obligations incurred by Buyer under this agreement, including principal, service fees, attorney's fees, interest, and court costs. This gaurantee is a continuing guarantee and shall remain in full force and effect until revoked in writing and accepted by Seller, but such revocation shall not affect any obligations existing prior to written acceptance of revocation.

 

Acknowledgement

By submitting this application, Buyer and Guarantor(s):

1. Acknowledge they have read, understood, and agree to be legally bound by these terms
2. Certify that all information provided is true, complete, and accurate
3. Accept responsibility for lawful resale, compliance with all applicable regulations, and full payments of all amounts owed to Ram Distributors LLC.