Below is the  Charge Account Terms And Conditionstemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link. 

CHARGE ACCOUNT TERMS AND CONDITIONS



This Agreement is made and effective [EFFECTIVE DATE],


BETWEEN:  [YOUR COMPANY NAME] (the "Seller"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:[YOUR COMPLETE ADDRESS]


AND:  [CUSTOMER NAME] (the "Customer"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:[COMPLETE ADDRESS]

IT IS AGREED AS FOLLOWS:

Buyer agrees with seller [SELLERS NAME] to pay for all purchases upon receipt of monthly statement. Charges billed, but not paid by the [DAY]th of the month following purchase will be considered delinquent and subject to finance charges.

The FINANCE CHARGE for individuals is computed by a periodic rate of [%] per month which is an ANNUAL PERCENTAGE RATE OF [%] applied to the "Previous Unpaid Balance less Current Credits." Current credits are payments or credits received by [TIME] A.M. on the [DAY]th day of the following month. The minimum payment due will be payment of Buyer's indebtedness in full. If not paid, [SELLERS NAME] may declare the unpaid balance due and payable immediately. Buyer agrees to pay collection expenses, including reasonable attorney's fees and court costs, if it is necessary to collect through legal action.

Buyer assumes full responsibility for all materials purchased from [SELLERS NAME]. Buyer agrees to be personally liable for all charges and individually guarantees payment of all charges promptly. Buyer agrees to notify [SELLERS NAME] within [NUMBER] days in writing of receipt of monthly statement of any in billing. Failure to so notify [SELLERS NAME] signifies total acceptance and responsibility for prompt payment in full of account.

If materials are ordered to be delivered to a construction job site, the buyer assumes liability for the materials at the time of delivery whether or not buyer's representative is on hand to acknowledge receipt of delivery. Buyer agrees to pay standard delivery charges as billed.













Buyer agrees that no refund will be granted unless merchandise is returned within 30 days with invoice and in original sales condition. Buyer agrees to supply [SELLERS NAME] with "Notice of Commencements", purchase orders, job numbers, job addresses, and a current list of employees permitted to order, pickup, and sign for merchandise.

[SELLERS NAME] reserves the right to send out "Notice to Owners" and file Liens on past due accounts and use any legal means available to force collection if necessary.


SELLER            CUSTOMER



                          
Authorized Signature  Authorized Signature  

click to download Charge Account Terms And Conditions template
                            

Other legal template form