Terms and Conditions: TruSteel credit terms are Net 10 days from receipt of invoice. TruSteel reserves the right to charge interest at the rate of 12% per annum (1% monthly) or at the highest rate available under applicable law, to any account balance exceeding 30 days Net. Statements and invoices will be paid in accordance with terms set forth by TruSteel. Guarantee: It is fully understood and agreed that upon approval of this application or reapplication and in consideration of credit being extended, the undersigned Principal(s) will unconditionally, individually, and jointly and severally guarantee full payment of the purchase price of goods and merchandise so delivered. It is understood and agreed that the purchaser will pay, to the extent permitted under applicable law, all reasonable collection fees, attorney fees, and court costs incurred by TruSteel in connection with any collection action. Certification: I/We certify that all information on this application is correct and the listed bank and references are authorized to release appropriate information to TruSteel, which will be held in confidence, necessary for credit approval and that an authorized officer, owner, partner or representative has signed this application.
