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| I/We herewith make application to L.A. Xpress Assembly and
Distribution, Inc. d.b.a. Cal State Xpress, Inc. (hereinafter "Cal
State Xpress") for credit, or an increase or reconfirmation of our
existing credit and account. The undersigned gives and grants Cal
State Xpress, or their agent, permission to verify all information
stated herein at any time. I/We hereby agree that all credit granted
shall be paid timely in accordance with Cal State Xpress' normal
terms. I/We do affirm that all information supplied is true and
correct. |
PLEASE ANSWER ALL QUESTIONS
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LIST ALL BANK ACCOUNTS AND INFORMATION
Name
Acct. Num.
        City
State
Type of Acct
        Contact
Phone Num.
Name
Acct. Num.
       
City
State
Type of Acct
        Contact
Phone Num.
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CREDIT AGREEMENT
In consideration of the credit to be extended to me under this
agreement, I/We herewith agree to pay all invoices within the agreed
to terms of NET 30 Days; that in the event of default on any invoice
Cal State Xpress shall have the right to declare all invoices due and
payable at once; that in the event legal action is instituted to
enforce collection, to pay reasonable attorney's fees and costs for
such legal action. In the event of a dispute or Litigation between the
parties, it is hereby agreed that Jurisdiction and Venue shall be in
Los Angeles County, California. I/We authorize Cal State Xpress to
run credit reports and/or confirm the information in this credit
application. I/We further agree to the terms and conditions contained
within the tariffs of Cal State Xpress and on the Cal State Xpress
invoice. I/We further authorize my/our bank to release general
information to Cal State Xpress if they so request. I further declare
that I have the authority to apply for credit on behalf of the above
named entity. That upon payment in full of any invoices, this
agreement will remain in effect and will apply to any and all invoices
thereafter.
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PERSONAL GUARANTEE
The undersigned agrees to act as a personal guarantor and co-signer
to this agreement for all debts incurred both now and in the future
for all monies owned by the Company, Organization, Persons, or
Corporations who have signed this credit application and who have been
extended credit both now and in the future. Guarantor recognizes,
understands and agrees that this guarantee cannot be revoked or
rescinded if any balance remains owed and outstanding to Cal State
Xpress and Guarantor hereby waives their subrogation or recovery
rights.
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