Terms and conditions applicable to your credit application and any related grant of credit
** Any changes to this document that are not accepted in writing by Metalworks Corporations financial services department will result in the automatic rejection of your application. **
The applicant represents and warrants that they are buying product under this account agreement for commercial purposes and not as a consumer as defined under any applicable provincial consumer protection acts.
In consideration of Metalworks Corporation extending credit to the applicant, the applicant promises to pay the account outstanding net 30 days from the date of purchase. The applicant agrees to pay interest of 2% per month (19% per annum) on any balance of the account outstanding more than 60 days after the date of purchase. Metalworks Corporation may vary the interest rate by indicating a new interest rate on its invoice. If the customer fails to make payment within sixty (60) days, Metalworks Corporation may defer shipments until such payment is made, or may, at its option, cancel all or any part of the unshipped order. Metalworks Corporation reserves the right to decline the extension of any credit to the customer. The customer agrees to reimburse Metalworks Corporation for all costs, including legal fees and bank charges, incurred by Metalworks Corporation in collecting late or dishonored payments.
It is agreed that all purchases made by the applicant, or in the applicant's name, shall be subject to the terms of this agreement, and shall be deemed part of each bill of sale. Any alteration or amendment to this credit application or its terms and conditions need to be expressly given in writing, signed by the applicant and accepted by Metalworks Corporation. Metalworks Corporation standard catalogue terms and conditions and all the terms of Metalworks Corporation packing invoice included with the product sold are expressly incorporated in this account agreement and all products are sold in accordance with, and only in accordance with, such terms and conditions.
The applicant consents to the collection, disclosure and use of account and/or personal information as required in connection with the account line hereby applied for or any renewal or extension thereof and to the disclosure or use of any trade information concerning the applicant to any credit reporting agency or to any person with whom the applicant has or proposes to have financial relations. To the extent the applicant has provided information that can identify an individual, such as name, date of birth, etc. ("personal information") on this credit application, the applicant represent that they have obtained the consent of the individual to whom the personal information relates for the purposes enumerated herein.
The parties acknowledge that they have required that this agreement and all related documents be prepared in English. Les parties, incluant la caution soussignee, reconnaissent avoir exige que la presente convention et tous les documents s’y rattachant soient rediges en anglais.
Signature of an authorized signatory is mandatory before the credit application will be considered.