Categories: Business Letters

Charge Account Terms And Conditions Form

TERMS AND CONDITIONS

 

Buyer agrees with seller _______________________________to pay for all purchases upon receipt of monthly statement. Charges are billed, but not paid by the 10th of the month following purchase will be considered null and subject to finance charges.

 

The FINANCE CHARGE for individuals is computed by a periodic rate of ____ per month which is an ANNUUAL PERCENTAGE RATE OF ____% applied to the “Previous Unpaid Balance less Current Credits.” Current credits are payments or credits received by ________A.M. on the _____ day of the following month. The minimum payment due will be payment of Buyer’s indebtedness in full. If not paid, ______________________________ may possibly declare the unpaid balance due and payable immediately. Buyer agrees to pay collection expenses, including reasonable attorney’s fees and court costs, if it is necessary to collect through legal action.

 

Buyer assumes full responsibility for all materials purchased from ____________________________. Buyer agrees to be personally liable for all charges and individually guarantees payment of all charges promptly. Buyer agrees to notify __________________within 10 days in writing of receipt of monthly statement of any in billing. Failure to do so notify ___________________________ signifies total acceptance and

responsibility for prompt payment in full of account.

 

If materials are ordered to be delivered to a construction job site, the buyer assumes liability for the materials at the time of delivery whether or not buyer’s representative is on hand to acknowledge receipt of delivery. Buyer agrees to pay standard delivery charges as billed in the invoice.

 

Buyer agrees that no repayment will be granted unless merchandise is returned within 30 days with the invoice to store where purchases were made and in original sales condition.

 

Buyer agrees to supply____________with “Notice of Commencements”, purchase orders, job numbers, job addresses, and a current list of employees permitted to order, pickup, and sign for merchandise.

 

__________________________reserves the right to send out “Notice to Owners” and file Liens on past due accounts and use any legal means available to force collection if essential.

 Charge Account Terms And Conditions Form

Top Sample Letters Terms:

emily

Recent Posts

Sample Letter Advising a Change in Terms and Conditions

It is very important to keep a close eye on the terms and conditions with…

3 months ago

Sample Letter to Creditors about Being Unable to Pay

If you are not able to pay your creditors then you can always write a…

3 months ago

Sample Letter Granting Credit to a Business Customer

In order to have businesses work smooth and easy, it is very important to have…

3 months ago

Sample Sales Letter Notifying Customers of New Products

Whenever a company launches a new product, it is important that they inform or notify…

3 months ago

Letter Accepting an invitation to speak at a Business Event

It is truly an honor if you have been invited at some business event as…

3 months ago

Sample Letter to Request a Debt Repayment Plan Template

Debts are something that no one likes and if you are not able to pay…

3 months ago

This website uses cookies.