Credit Policy and Disclosure Statement
Everything Applicant stated on the reverse side of the Application is correct to the best of its knowledge. Applicant understands that Harmon Oil Co., Inc. may retain this application whether or not it is approved. Harmon Oil Co., Inc is authorized to check Applicant’s/Customer’s credit history and references. Harmon Oil Co., Inc. will not share this information with anyone.
Any decision with respect to the extension or continuation of the credit availability shall be at the sole discretion of Harmon Oil Co., Inc. and Harmon Oil Co., Inc. may terminate any credit availability at any time within its sole discretion. It is understood and agreed that this Application will be used in connection with sales made by Harmon Oil Co., Inc.
Customer agrees to pay the entire debt that the customer shall incur on any Harmon Oil Co., Inc. account which may be granted to the customer plus all collection costs and attorney fees, plus any finance charge which may be imposed in accordance with the terms of the Harmon Oil Co., Inc. credit agreement which is set forth below and are made a part hereof. Customer understands that the terms of sale are due and payable in 30 days. Customer agrees to be bound by and to abide by all of the terms and conditions listed on each invoice and credit agreement plus the credit policy shown below. Payments must be received at the address listed on each invoice on or before the invoice due date.
The terms of this sale are due and payable in 30 days. Payments must be received at the address listed on each invoice on or before the invoice due date. Not withstanding any of the above, in the event that a sale was made to a Customer in reliance on any misrepresentation made by such Customer, the amount owing form such a sale is due immediately upon demand by Harmon Oil Co., Inc.
Late Payment Finance Charges:
Invoices not paid in accordance with the payment terms will be considered overdue. A late finance charge computed with periodic current rates may be assessed against all amounts unpaid 25 days or more from the date of the last statement and this periodic charge for your late payment shall apply to all charges on monthly statements furnished me for the balance of the current calendar year.
Maintenance of Credit Privileges:
Customers that have invoices overdue are subject to having credit privileges removed and being placed on COD terms and will forfeit any discounts which may be offered.
Your account may be charged $25.00 for processing each returned check.
We may delay enforcing our rights under this agreement without losing them. We may accept late payments, partial payments, check and money orders marked as being payments “in full” without losing any of our rights under this agreement.
NOTIFY US IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR BILL. If you think your bill is wrong, or if you need more information about a transaction on your bill, write us as the address listed on your bill. You can telephone us, but doing so will not preserve your rights.
I certify that all the information on the application is correct and that I full understand and agree to Harmon Oil Co., Inc. credit policies.