Net 60 Payment Terms: Payment is due within 60 days of invoice date. A 1.5% monthly service charge will be applied to all past due accounts.
Credit Authorization: By signing below, the applicant authorizes Industrial Component, LLC to investigate the credit references listed above and to obtain credit reports from credit reporting agencies.
Personal Guarantee: The undersigned personally guarantees payment of all amounts owed to Industrial Component, LLC and agrees to be personally liable for all debts incurred.
Collection Costs: In the event of default, the customer agrees to pay all collection costs, including reasonable attorney fees and court costs.
Jurisdiction: This agreement shall be governed by the laws of the State of California, and any disputes shall be resolved in the courts of Sonoma County, California.
