TERMS OF SALE - Net 10th Following Month
Unpaid charges thirty days from the date of delivery shall be considered past due and a finance charge will be added. The FINANCE CHARGE is computed at a periodic rate of 1 1/2 % per month or an ANNUAL PERCENTAGE RATE of 18% applied to the previous balance less payments or returns made during the current Billing Period. In the event that COMPI DISTRIBUTORS a Division of Richelieu America Ltd. is required to refer your account to collection, then in addition, you will be required to pay the fees from the attorney and/or collection fees incurred, for the collection of your account along with any court costs or other necessary and reasonable expenses incurred by COMPI DISTRIBUTORS a Division of Richelieu America Ltd. in collecting your account.
In consideration of any extension of credit by COMPI DISTRIBUTORS a Division of Richelieu America Ltd., either now or in the future, to the above named credit applicant, on the above terms, or any other terms agreed to by said credit applicant and COMPI DISTRIBUTORS a Division of Richelieu America Ltd., the undersigned, unconditionally, personally, jointly and severally guarantee the payment of any and all sums due or which may become due as a result of any such extension of credit.
By checking the box below next to your name(s), the undersigned acknowledges that he/she/they has/have read and understood all of the above and agrees to be fully bound by its terms.