(866) 465-2855CONTACT US
0item(s)

You have no items in your shopping cart.

866.465.2855

Product was successfully added to your shopping cart.

Credit Agreement Form

Has the Company or any principal owner filed bankruptcy in the last 7 years?

Type of Business Entity

Principal Owners

Tax Exempt

Purchase Order Required

(Unless specifically agreed to in writing, DrugTestsInBulk.com, hereby objects to any terms or conditions varying from the terms hereof in any purchase order, written acknowledgement, or other document provided it by you and such terms shall be of no force and effect.)

List three largest 30-day trade or credit references (Please list current supplier):

Bank References

The company applying for credit in this application has requested credit from DrugTestsInBulk.com (DTIB). DTIB and Company agree as follows: Payment is due 30 days from shipment. The Company agrees to pay for all products received from USD including shipping charges. A finance charge of 1-1/2% will be applied each month to any outstanding balance over thirty days until all amounts due are paid in full. In the event of default on any payment, DTIB collects through an attorney any indebtedness related to the Company’s account, the Company shall pay all collection costs, including reasonable attorney’s fee. Any agreement or transaction between the parties shall be governed by the laws of the State of California, excluding its conflict s of laws principles. Venue for any proceedings relating to same, including actions by DTIB against the Company or any guarantor(s) for collection, shall be in the state courts of Los Angeles County, California, and the federal courts of California.

AGREEMENTS, TERMS, AND CONDITIONS

  1. CUSTOMER’S ACCEPTANCE OF TERMS: DRUG TESTS IN BULK, shall hereinafter be referred to as “DTIB”, and the applicant shall be referred to as “CUSTOMER.” The CUSTOMER desires to purchase goods and/or services from DTIB, and CUSTOMER agrees in consideration thereof to be bound by the terms and conditions stated in this agreement. DTIB hereby objects to any terms or conditions at variance with, different from or additional to those terms and conditions stated herein unless such terms and conditions are hereafter set forth in a writing signed by DTIB. Anything herein to the contrary notwithstanding, no amendment to, or waiver, modification or deletion of, any of the terms and conditions stated herein shall be deemed effective unless any such amendment, waiver, modification or deletion, as the case may be, shall have been approved and accepted in writing by an officer of DTIB.

  2. THE OPEN CREDIT ACCOUNT: DTIB reserves the right to approve, approve with conditions or disapprove any request for extension of credit in its sole discretion. The amount of credit extended to CUSTOMER will be determined by DTIB and may vary from time to time. CUSTOMER waives notice of any change in CUSTOMER’S credit limit. All amounts charged to the open account are CUSTOMER’S responsibility. CUSTOMER agrees to pay any and all invoices, charges, fees and costs which CUSTOMER or any authorized person incurs on CUSTOMER’s account. Unless CUSTOMER notifies DTIB in writing within five (5) days of any unauthorized use of CUSTOMER’s credit account, CUSTOMER agrees that any other person who incurs charges on CUSTOMER’s account is authorized to do so. Notwithstanding the foregoing, any and all contracts, certificates, invoices and other writings signed on behalf of CUSTOMER by any employee of CUSTOMER shall be deemed to have been executed on behalf of CUSTOMER with full authority.

  3. OPEN ACCOUNT PAYMENT TERMS: All sums owing DTIB by CUSTOMER shall be paid in accordance with the terms and conditions expressed on any written quotation signed by DTIB and CUSTOMER, or on DTIB‘s invoice. In the absence of such express terms and conditions, DTIB’s terms for CUSTOMER will be Net 30 days. CUSTOMER agrees to notify DTIB in writing, of any error in any invoice within ten (10) days after the date of that invoice. If not so noticed, the invoice shall be deemed to be correct, and accepted as rendered.

  4. CUSTOMER’S REPRESENTATIONS: Credit will be extended by DTIB to CUSTOMER based on the information provided in this application. CUSTOMER agrees that any financial documents provided DTIB are true and correct. DTIB is authorized to check CUSTOMER’s credit background.

  5. DEFAULT: Failure to make timely payment as provided in paragraph 3 above shall result in all charges on the account being deemed past due. Whether or not expressed in any quotation or invoice, all sums past due shall bear an interest charge at the rate of one and one-half percent (1.5%) per month until paid in full. In addition, CUSTOMER agrees to reimburse and pay DTIB for all expenses, costs, and attorney’s fees (including inhouse counsel fees) incurred or expended by DTIB in enforcing any of its rights hereunder and/or collecting any past due sums, whether or not suit is commenced.

  6. PURCHASE ORDERS: Issuance of a purchase order by CUSTOMER shall be deemed an acceptance of DTIB’S terms and conditions contained herein, notwithstanding anything to the contrary in CUSTOMER’S purchase order documents. CUSTOMER acknowledges and agrees that issuance of a purchase order creates no burden on the part of DTIB to verify its accuracy or validity, and goods or services that are provided to CUSTOMER pursuant to a purchase order shall be the full responsibility and obligation of the CUSTOMER.

  7. SHORTAGES AND/OR DEFECTIVE OR DAMAGED GOODS: Any alleged shortages and/or defective or damaged goods received by CUSTOMER in connection herewith must be reported in writing by CUSTOMER to DTIB within 5 days after delivery of said goods. Delivery of goods shall be subject to normal variations in weight, color, size, quantities, etc., as are standard in the trade. After such 5-day period, CUSTOMER shall be deemed to have irrevocably accepted the goods, if not previously accepted. After such acceptance, CUSTOMER shall have no right to reject the goods for any reason or to revoke acceptance. CUSTOMER hereby agrees that such 5-day period is a reasonable amount of time for such inspection and revocation.

  8. CANCELLATION AND RETURNS: CUSTOMER may not cancel any order of goods without DTIB’s express, written consent. Any cancellation so authorized shall be subject to a cancellation charge of 15%, with a minimum fee of $125.00, at DTIB’s sole discretion. Unused goods, processed material or specially manufactured materials not normally carried in DTIB’s inventory may not, under any circumstances, be returned. The amount of credit, if any, allowed to CUSTOMER for returned goods shall be at the sole discretion of DTIB.

  9. GOVERNING LAW AND VENUE: Customer agrees that for and in consideration of DTIB’s extension of credit, this agreement is to be construed under the laws of the State of CALIFORNIA, and that if legal action is brought to enforce this agreement, that LOS ANGELES (LA) County, CALIFORNIA, shall be the exclusive jurisdiction and legal venue for said action, unless DTIB initiates said legal action concurrently against other parties to enforce statutory remedies (such as mechanic’s lien, stop notices, payment bonds, etc.) in connection with a debt incurred by CUSTOMER; in such case, the jurisdiction and legal venue will be determined by the requirements of the CALIFORNIA Civil Code or Code of Civil Procedure in order for DTIB to enforce such statutory rights.

  10. ASSIGNMENT: No right or interest in this agreement shall be assigned by CUSTOMER without the written permission of DTIB, and no delegation of any obligation owed or of the performance of any obligation by CUSTOMER shall be made without written permission of DTIB.

  11. SEVERABILITY: If any term, covenant or condition of this agreement, or the application thereof to any person or circumstance, shall, to any extent, be invalid or unenforceable, the remainder of this agreement or the application of such term, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term, covenant or condition of this agreement shall be valid and shall be enforced to the fullest extent permitted by law.

  12. NON-WAIVER BY DTIB: No waiver of any term, provision or other condition of this agreement by DTIB, whether by conduct or otherwise, in any one or more instances, shall be deemed or construed as a further or continuing waiver of any such term, provision or condition or as a waiver of any other term, provision or condition of this agreement.

  13. ACCEPTANCE / ENFORCEABILITY OF COPIES: CUSTOMER agrees that DTIB may, at DTIB’s sole discretion, accept, utilize and rely upon a facsimile copy or photocopy of this agreement and the foregoing Continuing Personal Guaranty or Corporate Guaranty, in lieu of an original document. CUSTOMER acknowledges that, by transmitting a facsimile copy, electronic copy or photocopy of this document to DTIB, CUSTOMER, and the Guarantor (if applicable), agree to be bound by the terms and conditions contained in this document to the same extent as if an original were transmitted to DTIB. CUSTOMER, and Guarantor (if applicable), consent to DTIB’s use of this document and waive any right to object to the use of a copy in place of the original and any right to require Seller to subsequently produce an original document. This Credit Application and Agreement cannot be altered, amended, revised, or otherwise modified unless an officer of DTIB provides prior written consent thereto. THE UNDERSIGNED CERTIFIES THAT THE INFORMATION FURNISHED IN THIS APPLICATION IS TRUE AND CORRECT, AND THAT THE UNDERSIGNED HAS READ AND AGREED TO ALL THE TERMS AND CONDITIONS OF THIS AGREEMENT NOTED ON THE FRONT AND REVERSE PAGES OF THIS APPLICATION. OFFICER, AUTHORIZED AGENT OR OWNER SIGNATURE IS REQUIRED.

Continuing Personal Guarantee

In consideration of the extension of credit to CUSTOMER by DTIB and as an inducement to DTIB to continue to extend credit to said CUSTOMER, the undersigned (hereinafter “GUARANTORS”) jointly and severally, unconditionally guaranty the payment of any and all sums of money as are now, or at any time hereafter may be owing to DTIB by said CUSTOMER, as a result of DTIB’s extension of credit, including attorneys’ fees and costs which may be incurred by DTIB to enforce this Guaranty and / or to enforce its claims against CUSTOMER.

GUARANTORS agree to hold DTIB harmless from any loss, damage, and expenses caused or arising out of default on the part of CUSTOMER. CRSET may proceed against GUARANTORS without being required to first proceed against the CUSTOMER, and DTIB may proceed against any one of the GUARANTORS without waiving its rights to proceed against any of the remaining GUARANTORS. GUARANTORS waive notice of the following: extension of time or modification of terms, settlements or resolutions of disputes, modification of credit line and default of CUSTOMER.

This is intended to be and is a Continuing Guaranty and shall not be revoked except by written notice to DTIB not to make any further sales and deliveries on the security of this Guaranty and until the expiration of five (5) days after such notice shall have been received by DTIB at the following address 9333 MELVIN AVENUE, NORTHRIDGE, CA 91324, by certified mail, return receipt requested. Any such revocation shall be effective only with respect to merchandise shipped or delivered after the expiration of said five (5) day period, and shall not affect, in any respect, liability incurred by Guarantors prior to that time. Upon signature of the “Continuing Personal Guaranty” section, I hereby authorize DTIB to obtain a consumer credit report.

The undersigned, and each of them, agree(s) to be bound by all terms and conditions contained in this Credit Application and Agreement and in the invoices issued hereunder which are incorporated by this reference as though fully set forth in full.

GUARANTOR #1:

GUARANTOR #2: