Wholesale Terms and Conditions
Terms of Payment: All invoices are due and payable next 30 days.
A monthly late charge of 1.5% or the maximum allowed by law, whichever is greater; will be
assessed on any outstanding balance.
All accounts not paid when due may be reported to credit reporting services; Applicant and
Guarantor(s), in addition to the principal balance due, shall be liable for all costs of
collection including but not limited to agency and attorney’s fees and court costs. Should
litigation be filed to enforce any of the agreements contained herein, I/we agree to
jurisdiction and venue in San Diego County, California. Applicant and Guarantor(s) further
agrees to notify Seller in writing of any change in ownership and further agrees that all
charges incurred will remain their responsibility unless agreed to by Seller in writing.
Applicant/Guarantor authorizes seller to obtain a written non-business credit report to
further evaluate the credit worthiness of the undersigned as principal(s), proprietor(s)
and/or guarantor(s) as needed in connection with the extension or continuation of the
business credit represented by this application, and hereby knowingly consent to the use of
such credit report consistent with the Federal Fair Credit Reporting Act (15 USC 1681 et
seq.)