Payment: Customer shall make payment under this Agreement Net Terms per invoice of items being shipped from ExportTek Inc to the customers stated location(s) of goods or completion of the services as the case may be.
Term of payments will be extended up to 60 days of due date based on Interest which will accrue, immediately after the NET Terms day, in the amount of 15% compounded annually charged daily up to the 60th day of due date. Customer agrees to make payment for invoice and accumulated interest on or before the 60th day of due date. Overdue invoices will be sent to collections.
Customer agrees to pay any reasonable costs, including, but not limited to, reasonable attorney's fees of any amount due and owing, and court costs incurred by ExportTek Inc to collect any amount unpaid under this Agreement. All returned checks shall be subject to an additional charge of Thirty-five Dollars ($35.00). There shall be added to the charges under this Agreement, and the Customer shall pay to ExportTek Inc, an amount equal to any taxes, levies and duties, however designated or levied, domestic or foreign, based upon such charges, this Agreement, the services or materials provided, or their use, including without limitation, state and local sales and use taxes, which are paid by or are payable by ExportTek Inc, plus interest and penalties, if any, exclusive, however, of United States federal, state or local taxes based on the net income of ExportTek Inc. Payments shall be wired to:
- Wire Instructions:
- Windsor Family Credit Union Limited
- 2800 Tecumseh Road East
- Windsor, ON N8W 1G4, Canada
- Beneficiary: TRUE NORTH AG.
- Routing Transit No. & Account No.:
- 082868362 220750516701
I/ We understand that the information provided is for the purpose of opening an account with ExportTek Inc. and warrant that the information provided is true and correct. I/We authorize investigation of all credit references listed. All related terms and conditions are defined in our invoice. I/We further understand and agree that all accounts or money due to ExportTek Inc. shall be paid in accordance with the payment terms stated above and I/ We agree to pay all reasonable costs of collection costs which are no less than 33% of the unpaid principle plus interest in addition to any court costs and/or attorney fees incurred.
