Sample 1 Personal Guaranty - American Financial Management



These are contract samples and are not the property of or endorsed by American Financial Management are not warranted in any way for any specific purpose. You are responsible for determining whether the information contained here is appropriate for your needs. Please have your Legal Department review sample content to assure it conforms with your Corporate and Local/Federal laws and regulations.

Sample

• Invoices and charges rendered to Company are due and payable net ___ days. A Finance Charge of ___% per month (___% per annum) will be applied to delinquent balances.

• If determined necessary, Company will refer delinquent accounts to collection resources.

• I, Customer, the undersigned, will assume full responsibility for all attorney fees, court and collection costs in addition to the initial charges owed and any interest accrued thereon.

• Accounts with outstanding balances exceeding ___ days may be serviced on a C.O.D. basis.

• I, Customer, the undersigned, agree that any action taken by Company to enforce payments will not be grounds for termination of this Agreement.

I, ___________________________ do hereby agree to the above terms.

PRINT CUSTOMER NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

Sample

I, Customer, hereby agree that in the event I shall default upon payment for purchase or lease of any goods or services, I will pay a reasonable attorney’s fee, plus any costs of collection, necessitated by such default. Such attorney’s fee and costs shall be due and payable whether or not suit is required to collect such account. It is the intent and purpose of this undertaking that I will be responsible for all reasonable fees and costs incurred by Company in the event I fail to timely pay for any and all goods and my account is therefore placed for collection.

I, ___________________________ do hereby agree to the above terms.

PRINT CUSTOMER NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

.

Sample

As part of this application, I, the undersigned, grant permission to Company to contact consumer credit reporting agencies, commercial credit reporting agencies, and any and all of the trade and bank references listed on page 1 of this application, together with any other references which may be provided by these bank and trade references. I further agree to pay a Service Charge of ____% per month on invoices not paid according to terms. I also agree to pay all costs on collection, including attorney’s fees, incurred by or on behalf of Company in connection with the collection or attempted collection of any and all past due invoices and any and all amounts due.

I, ___________________________ do hereby agree to the above terms.

PRINT NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

Sample

I hereby authorize Company, to whom the application is made, or any credit bureau or other investigative agency employed by such person, to investigate the references herein listed or statements or other data obtained from me or from any other person pertaining to my credit and financial responsibility.

I, ___________________________ do hereby agree to the above terms.

PRINT NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

SAMPLE CLAUSE FOR INTERNATIONAL ACCOUNT

Regarding International Account Transactions, all payments are to be in U.S. Dollars and will be based on the rate of exchange at the time payment is due.

Sample

I hereby authorize and direct an inquiry of the references listed and of credit reporting agencies. I agree to hold Company harmless of any action arising out of legitimate and proper conduct of the credit investigation.

I acknowledge that statements are payable upon receipt. For those accounts more than thirty (30) days in arrears, finance charges not in excess of those permitted by law will be assessed on the outstanding balance of my account from month to month. Company will apply a monthly rate of ___% which is a corresponding annual percentage rate of ___%.

I, ___________________________ do hereby agree to the above terms.

PRINT NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

Sample

As part of this application for credit:

1) I acknowledge that all balances are due within 30 days following the date of invoicing.

2) I acknowledge that in the event that this account is not paid within sixty (60) days of the date I am supplied with agreed product and/or services, I will incur certain expenses, including title examination expenses. I agree to reimburse Company for all such expenses so incurred by it.

3) I hereby grant permission to Company to access a consumer credit report; commercial credit report; and to contact any or all of the trade and bank references listed above, together with any other references which may be provided by these bank and trade references. I further agree to pay Company all costs of collection, including reasonable attorney’s fees, incurred by Company in connection with the collection or attempted collection of any and all past due invoices and any and all amounts due.

I, ___________________________ do hereby agree to the above terms.

PRINT NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

Sample

I understand that a credit check will take place if Customer is extended credit by Company. I understand that payment is due upon receipt of an invoice according to Company. Standard terms are _____________________. I understand there is a ____ Finance Charge (____ annual rate) on all balances beyond ____ days. In the event the account becomes delinquent, I agree to pay Company all costs of collection, including court costs and attorney fees.

I, ___________________________ do hereby agree to the above terms.

PRINT NAME HERE

_________________________________________ _________________

SIGNATURE DATE

_________________________________________

TITLE

................
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