TERMS AND CONDITIONS All chargers during any month are due by the 10th of the following month. Any invoice not paid by the 20th day of the month following the charge shall be subject to a late charge at eighteen percent (18%) per annum or the highest rate allowed by the law governing the state in which this Application was entered. Applicant hereby waives all privileges and rights available relating to venue, as it now exists or may hereafter be amended including any right to forum non coveniens, and further agrees that venue of any claims brought on any account of Applicant shall be in the Courts of Union County North Carolina exclusively. Applicant waives any right to jury trail in any action brought in connection with any account of Applicant. Applicant agrees to provide written notice to Landsdown Corporation of any changes in the form of ownership of Applicant’s business within five (5) days of any such change. In the event of default of any description, Applicant agrees to pay all costs of collection, including reasonable attorney’s fees incurred by Landsdown Corporation.
Failure of Applicant to notify Landsdown Corporation of any objection to any invoice charges for products and/or services within 30 days of the date of invoice is Applicant’s unconditional agreement to pay such invoice charges without dispute and that all charges are validly due and owing.
By signing below, the undersigned applicant certifies that the information provided on this credit application is true, correct and complete and is given for the purpose of obtaining commercial credit from Landsdown Corporation and/or any assignee, potential assignee or designee here of (collectively referred to as the “creditor”). The undersigned authorize the creditor or the creditor’s designated agents and affiliates to obtain information about the undersigned from any credit reporting agency; hereby authorizes the named banks, financial institutions or trade references as listed on page 1 of this application to release such information as is necessary to establish credit with creditor. And hereby grants express permission to creditor or the creditor’s designated agents to transmit to the following facsimile machines of the undersigned any information relating to any products purchased by the undersigned with the credit established with the creditor or the creditor’s designated agents and affiliates.
The undersigned authorize the creditor to give information about the undersigned, the undersigned accounts and the creditor’s experience with the undersigned to others, including but not limited to banks, stores and credit reporting agencies.
A photocopy or facsimile copy of the authorization shall be as valid as the original.