Applicant's signature certifies that the above information is true and accurate and is furnished for the sole purpose of securing credit from PDU CAT, Inc. pursuant to this credit agreement. If credit is extended, applicant agrees to make payment in accordance with terms granted by PDU CAT, Inc.
Applicant agrees that a 1.5% monthly service charge will be added to past due accounts. In consideration for merchandise purchased and delivered, applicant agrees that he or she is subject to court jurisdiction in Tennessee for an action to collect the unpaid balances on his or her credit account and to pay reasonable attorney fees and court costs to collect any and all unpaid balances. In the event of complaint by applicant over the quality or quantity of merchandise purchased and delivered, he or she agrees to arbitration in Shelby County, Tennessee as the sole venue.
PDU CAT, Inc. is hereby authorized to deliver goods without applicant's signature at his or her verbal request and to charge his or her account. Applicant agrees to notify PDU CAT within ten business days of receipt of any merchandise which applicant contends were allegedly not ordered or were allegedly defective or otherwise did not comply with his or her order.
This credit agreement shall continue until the same is revoked by applicant in writing and received by PDU CAT, Inc.
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