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| APPLICATION FOR CREDIT
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Thank you for your interest in Newport Corporation. To assist us in your
request for credit, please thoroughly complete this application, sign
where indicated, and provide ALL information.
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| Nature of Business: (Please check one) |
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For Sole Proprietor or Partnership: List all Owners and/or
Partners.
For Corporation or Limited Liability: List all Officers, Directors, Members and
Majority Stockholders. |
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| Name |
Title |
Home Address |
Phone |
Social Sec No. |
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| CREDIT REFERENCES:(Attach separate
schedule if necessary) |
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| Largest Suppliers: (Please do not list subcontractors, revolving credit
accounts, or utilities) |
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| FOR THE PURPOSE OF OBTAINING MERCHANDISE FROM SELLER ON CREDIT,
THE ABOVE STATEMENT IN WRITING IS MADE, INTENDING THAT SELLER SHOULD RELY ON
THE SAME AS CORRECT. BUYER FURTHER AGREES TO THE TERMS AND CONDITIONS AS SET
FORTH HEREINBELOW. |
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As consideration for the advancement of credit, he undersigned
agree as follows: |
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1. |
To be bound by all of the terms and conditions contained in this application. |
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2. |
Seller may, at any time, without notice, cancel all credit available to Buyer
and refuse to make any further credit advances. In the event Seller determines
that information contained on this Credit Application is false or misleading,
or if Seller receives other false or misleading credit information from Buyer
of any kind or nature, Seller may without further notice cancel any orders in
house, or any deliveries in progress to Buyer. Any false or misleading
information by Buyer shall be construed as a material default, and any invoices
outstanding shall be immediately due and payable in full. |
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To pay all costs and attorney's fees incurred by Seller in relation to the
interpretation or enforcement of any or all of our obligations hereunder,
whether or not suit is filed. |
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That this agreement has been entered into and is to be performed in the County
of Orange, State of California, and any action brought hereunder shall be
brought in the federal or state courts located in said county and state. |
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The undersigned warrants and represents to Seller that the business entity we
represent is solvent and is able to pay our obligations as they become due. The
business entity we represent will not place any order with Seller unless it
reasonably believes that it will be solvent and able to pay its obligations as
they become due at the expected time of shipment. |
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That the Seller may use this agreement with any bank or other kind of
financial institution for the purpose of obtaining all personal and business
financial information of any kind or nature in the name of us, and/or the
entity we represent. |
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