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Pit Stop Auto Repair Shops, Inc.
Guarantee |
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General Information
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1. Estimate Your Monthly Sales Volume |
$ |
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2. Estimated Monthly Purchases From Our Store |
$ |
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3. Do You Require a Purchase Order? |
Yes |
No |
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4. Do Your Remit By Invoice |
Yes |
No |
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Please Attach a Copy Of Your Current Resale Certificate
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The undersigned (the “Applicant”) represent(s) and warrants to Pit Stop Auto Repair Shops, Inc., (the “Company”) that the information concerning the Applicant set forth in this Store Credit Application (“Application”) is true and accurate and affirms and agrees to the following terms and conditions:
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1.
PAYMENT. Monthly billing statements shall be prepared by the Company on the last day of the month, covering the purchases made by the Applicant for the previous month. Payments are due on the 10th of the month following the month of purchases. If full payment has not been received at the Company’s store or warehouse location (as applicable) by the 25th of the month, the Company may require that future orders be paid for on a C.O.D. basis. Purchases remaining unpaid after 30 days will be subject to a service charge of 1.5% of the past due balances. The Applicant and guarantor(s) shall be responsible to pay, or reimburse the Company for all service charges, attorney’s fees, collection fees, and other costs incurred in collecting any amounts due the Company which are not timely paid.
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2.
CREDIT DETERMINATIONS. The Applicant and each of the undersigned individuals expressly authorizes the Company to obtain credit information regarding them from the credit references identified on this Application and any external credit reporting source selected by the Company. The Company reserves the right to suspend or deny the extension of credit to the Applicant at any time and for any reason.
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3.
CREDIT SUPPORT. As an Inducement to the Company to extend credit to the Applicant, the undersigned individuals, whether signing in a corporate capacity or not, each hereby personally and unconditionally jointly and severally guarantee the full and prompt payment of all amounts due for all goods or services purchased or to be purchased by the Applicant from the Company, including all related fees and charges.
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4.
GOVERNING LAW. The foregoing terms of this Application shall be construed in accordance with and governed by the laws of the State in which the Company’s warehouse or store to which this Application has been submitted for approval is located. The Applicant, and each of the undersigned individually, consents to, and waives all objections to, the jurisdiction and venue of any state or federal courts located in, or having jurisdiction over, the city and state in which such warehouse or store is located with respect to any legal action or proceedings which may be instituted by the Company in connection with any claim or cause of action relating to the terms of this Application or the sale of goods or services contemplated hereby.
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5.
AUTHORITY. Each person signing below represents that they have the authority to sign on behalf of, and bind, the Applicant.
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Printed Name of Authorized Party
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Signature
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Date
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Printed Name of Authorized Party
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Signature
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Date
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Printed Name of Authorized Party
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Signature
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Date
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Printed Name of Authorized Party
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Signature
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Date
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COMPANY USE ONLY |
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Store # |
Approved By: |
Date |
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Credit Limit $ |
Date Opened |
Sales Rep |
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