New Account Application
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Please fill out completely. Terms & Conditions are below the application form. You should read them completely before submitting your application.
Terms & Conditions:
In consideration of the offer to extend credit, and for other good and valuable consideration received, or to be received by the Applicant, the Applicant, by the submission of Applicant’s company information above, hereby agrees to the terms and conditions set forth in this document. DO NOT SUBMIT UNLESS YOU HAVE READ, AND AGREE TO, THE PROVISIONS OF THE ACCOUNT APPLICATION TERMS & CONDITIONS SET FORTH BELOW.
(1) Seller at its exclusive perogative may offer sales terms to select buyers allowing for the shipment/delivery of Seller’s goods to Buyer (or Buyer’s assignee) prior to Seller’s receipt of Buyer’s funds to purchase said product. (“Buyer recognizes Seller's terms as Net 10th Prox and acknowledges and authorizes a service charge of 1.5% per month (18% annual) on any past due amounts. Returned checks will incur a service charge of $50.00. (2) In the event of default. Seller shall have the right to, (a) declare the entire amount due and payable, (b) limit the amount of credit extended or terminate buyer's account, (c) refer the account to collection. (3) Buyer agrees to pay all costs of collection, including any attorney fees which may be incurred. (4) At the option of Pacific Designs International, the venue for any suits, collection or otherwise, will be in New York State ("NYS"), and buyer hereby submits to the jurisdiction of said courts and to the application of NYS law. (5) Buyer hereby represents and warrants that it is solvent and pays its obligations as they become due. This representation and warranty is deemed to be repeated in each purchase by buyer. (6) Faxed and/or emailed documents will be deemed as original. No oral agreements will be accepted. The terms on this credit application override all others.
Authorization:
The applicant acknowledges and agrees to the need for verification of all information on this application. Applicant hereby authorizes all banks, businesses, and persons identified on this appliction to disclose and furnish (either in writing or verbally), any and all information requested by Pacific Designs whether by telephone, facsimile, written and/or electronic correspondence, etc., and hereby releases, waives and disclaims any and all claims against Pacific Designs, and all such banks, businesses, and persons arising out of such disclosures. If representations made by the applicant in this credit application are subsequently found to be false, incorrect or incomplete, the right is reserved to reject the application and to negate any obligation to proceed with any transaction - regardless of the existence of past prior dealings from before the false representations came to light.