MOLD IN GRAPHIC SYSTEMS® Credit Terms

Thank you for choosing MOLD IN GRAPHIC SYSTEMS®. This document outlines the Payment Terms, Credit Terms, Payment Responsibility, Interest and Fees, Disclaimer, Limitation of Liability, Waiver of Claims, Severability, and Governing Law and Jurisdiction provided by MOLD IN GRAPHIC SYSTEMS® for all credit accounts.

Payment Terms

Following Business Credit Approval, your company will be granted NET 30 day terms. MOLD IN GRAPHIC SYSTEMS® accepts only USD currency.

1. Credit Terms

By opening a credit account with MOLD IN GRAPHIC SYSTEMS®, the Customer agrees to the following terms:

• The credit account is opened in the Customer’s name.
• The Customer permits the sharing and gathering of their credit information by MOLD IN GRAPHIC SYSTEMS® and its agents.
• The Customer is responsible for all charges made to the account and agrees to pay all bills promptly in accordance with the payment terms provided.

2. Payment Responsibility

The Customer agrees to timely pay all amounts due under their account. Payments are due within 30 days of the invoice date unless otherwise agreed upon in writing. A monthly interest charge of 1.5% will apply to any overdue balances.

3. Late Fees and Collection Costs

In the event of late payments, MOLD IN GRAPHIC SYSTEMS® will impose a 1.5% monthly interest charge. An additional fee of 25% of the overdue amount will be charged to cover the costs associated with the Company’s collection efforts. Should legal action be necessary to collect outstanding payments, an additional fee equivalent to 33% of the due balance will be charged as attorney fees, whether or not a lawsuit is initiated.

4. Disclaimer

MOLD IN GRAPHIC SYSTEMS® makes no warranty that any credit terms will remain in place indefinitely. The Company reserves the right to alter or withdraw credit terms based on the Customer’s financial status or payment history.

5. Limitation of Liability

MOLD IN GRAPHIC SYSTEMS® disclaims liability for any damages, whether direct, indirect, special, incidental, punitive, or consequential, arising from the use of the Customer’s credit account.

6. Waiver of Claims

By maintaining a credit account with MOLD IN GRAPHIC SYSTEMS®, the Customer waives all claims against the Company and its agents related to the use of the credit account.

7. Severability

If any part of these Credit Terms is found to be invalid or unenforceable, the remaining provisions will remain in full effect.

8. Governing Law and Jurisdiction

These Credit Terms are governed by the laws of the State of Arizona and applicable federal law. Any disputes arising from the use of the Customer’s credit account will be resolved in Yavapai County, Arizona, or in a federal court of competent jurisdiction in Arizona.

By opening an account and agreeing to these terms, the Customer confirms they understand and accept the terms of this Credit Agreement.