The authorized signing representative for the APPLICANT represents that the information given herein
is current and accurate. Furthermore, it authorizes its bank, suppliers and other sources to furnish
information on the company and its principals. The APPLICANT also authorizes the SUPPLIER to
exchange, furnish and obtain information on the APPLICANT for the purpose of granting credit and this
credit application, in itself, constitutes such authorization. The Applicant understands and agrees that
the following terms and conditions shall apply to all sales to be made by the Supplier to the Applicant
1- Interest / Service charges: will be applicable on all past due amounts at a monthly rate of 1.5 %
(19.56% per annum).
2- Transport: The Applicant unless otherwise specified, assumes all costs pertaining to delivery of
merchandise from the Supplier.
3- Loss: The Applicant assumes all risk of loss or damage to the merchandise during transport.
4- Quantity: Partial shipments may be made and orders shall be considered complete if the Supplier is
unable to deliver the entire order.
In such event the Applicant waives its right to claim a reduction in price or cancellation of sale.
5- Late delivery: The Applicant shall not cancel an order due to late delivery unless the Supplier has
been notified in writing prior to shipment and accepts the cancellation.
6- Returns: No merchandise may be returned without prior written authorization of the Supplier.
7- Refusal to ship: The Supplier may refuse to ship any confirmed order in whole or in part for any
reason it deems sufficient.
8-Law: All the terms and conditions of this agreement shall be governed by the law of the Province of