Should a credit availability be granted by Steen-Macek Paper Co., Inc., may terminate any credit availability within its sold discretion.
In the event the account is turned over to an attorney or other agency for collection, or suit is brought on same, purchaser shall pay all reasonable collection, attorney fees and courts costs incurred by Steen-Macek Paper Co., Inc.
Purchaser (applicant) shall notify Streen-Macek Paper Co., Inc., by certified mail of any change of (in) ownership. Purchaser (applicant) agrees to give written notice (certified mail) to Steen-Macek Paper Co., Inc., prior to the sale or transfer of all or substantially all of the stocks or assets of their (its) business: If purchaser (applicant) fails to do so. Then purchaser (applicant) shall remain fully liable for any unpaid merchandise received by the buyer or transferee of the business.
APPLICANT'S SIGNATURE ATTESTS FINANCIAL RESPONSIBILITY, ABILITY, AND WILLINGNESS TO PAY OUR INVOICES IN ACCORDANCE WITH OUR CREDIT TERMS AND GUARANTIES PAYMENT OF ALL CHARGES. APPLICANT IS SUBJECT TO A SERVICE CHARGE ON ANY CHECK(S) RETURNED FROM OUR BANK, UNPAID, FOR ANY REASON.