Nuworld Business Systems TERMS AND CONDITIONS
noitaredisnoc ni dna tiderc rof noitacilppa s'remotsuC gnitpecca )"dlrowuN"( ,smetsyS ssenisuB dlrowuN fo noitaredisnoc nI
of any extension of credit by Nuworld to Customer, and the sale of any goods to Customer, intending to be legally bound hereby, Customer agrees as follows: 1.) The Customer hereby represents that the information herein contained is true and correct and hereby authorizes Nuworld to contact the designated references as well as any or all appropriate credit bureaus for information pertaining to the credit worthiness and financial responsibility of the Customer. 2.) Nuworld may, but shall not be bound to, extend credit to Customer in its sole discretion and in its sole discretion may modify or withdraw at any time credit terms extended by it to Customer. 3.) Terms and Conditions of Sale - Terms are Net 30 with approved credit. Any sale of goods by Nuworld to Customer shall be governed solely by these Terms and Conditions and the Terms and Conditions appearing in the sales catalog, on the invoice from Nuworld, or as otherwise established from time to time by Nuworld. Any additional or different conditions of sale appearing in Customer's purchase order form elsewhere are hereby superceded by Nuworld's conditions of sale, unless agreed to in writing, by the duly authorized representative of each party. 4.) Security Agreement - Customer hereby grants to Nuworld and Nuworld retains a purchase money security interest in all goods sold (whether now or hereinafter) by Nuworld to Customer together with a security interest in all proceeds thereof. Customer authorizes Nuworld to file in all appropriate public registries a UCC financing statement to perfect its security interest. The obligations of the Customer are not assignable without the written consent of Nuworld. 5.) Limits of Liability - Nuworld's liability for breach arising out of the sale and goods shall be limited to the purchase price of the goods. In no event shall Nuworld be liable for any special, consequential, incidental, indirect or other damages (including without limitation loss of profit) whether or not Nuworld has been advised of the possibility of such loss, however caused, whether for breach of repudiation of contract, breach of warranty, negligence, failure to deliver, or under any other theory of liability. 6.) Interest on Late Payment - In the event that any obligation of Customer to Nuworld is not paid on the due date thereof, Nuworld shall be entitled to charge Customer interest on the full amount of the unpaid obligation at a rate of 1.5%, per month (18% per annum), but not in excess of the lawful maximum, commencing on the due date of the obligation and continuing until the obligation is paid in full. 7.) Attorney/Collection Fees - In the event Nuworld shall determine, in it’s sole discretion, to use the services of any attorney/collection agency to collect any past due obligations of Customer, Customer agrees to pay, in addition to the past due obligations, reasonable attorney/collection fees. 8.) Past Due Accounts - Open account terms will be suspended if invoices are not paid within specified terms and subsequent orders may be held until the account is paid current. A $45.00 handling charge will be assessed on all returned checks. 9.) Governing Law and Consent to Jurisdiction -This Agreement and the Terms and Conditions and any and all dealings between Nuworld and Customer shall be construed as having been made or to have taken place in the County of Los Angeles, State of California, without regard to its principles of conflict of laws and no other jurisdiction. In the event of any dispute between Nuworld and Customer arising out of or in connection with the Agreements, all actions or disputes shall be brought and tried only in the County of Los Angeles, State of California and violation of this covenant will bar recovery by Customer in any other court. Customer Initials:
Made with FlippingBook - professional solution for displaying marketing and sales documents online