Flint Hydraulics Customer Credit Application

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North American Industry Classification - please contact your sales rep if you need assistance.

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Credit Application

Flint is a Hydraquip Company


Please contact your sales rep or contact our main customer service for assistance with this form:

    Email: orders@flinthyd.com

    Phone: 901.794.4884


All debts owed by customer are due within (30) days after the date of invoice. The undersigned states that he has the authority to bind the applicant to this agreement, and hereby authorizes any and all companies and financial institutions to release applicant’s credit information to Hydraquip Inc. Please send all payments to: Hydraquip, Inc P.O. Box 676684 Dallas, TX 75267

Credit Application Terms & Conditions

Credit Application Agreement This Credit Application Agreement is submitted to Hydraquip by the undersigned to induce and confirm Applicant’s request for credit terms from Hydraquip, its affiliates and subsidiaries (hereinafter collectively referred to as “Seller”). Should Seller extend credit, Applicant agrees that all decisions with respect to the extension or continuation of such limit shall be at the sole discretion of Seller and that Seller may cancel, reduce or modify this limit at its sole and unreviewable discretion. The laws of the State of Texas shall be applicable to all disputes arising under this Credit Application or as a result of any extension of credit by Seller to Applicant. Applicant agrees to remit payment for all purchases of goods and/or services at Seller's principal place of business or according to the payment terms stated on Seller's Bills of Lading, Invoices, and/or any other documents relating to the sale of such goods and/or services. The failure to pay on the net due date on each invoice shall deem the debt to be delinquent. Seller may accept late payments, partial payments, or any check or money order without waiving any rights hereunder. Acceptance of such payments shall not change these Terms and Conditions in any way. All balances which remain unpaid for a period of thirty (30) days shall be subject to a finance charge of 1- 1/2% per month (18% per annum) or the maximum allowed by law, whichever is less. In the event that Seller retains the services of an attorney or collection agency to effect the collection of any monies owed, Applicant agrees to pay all costs incurred, including reasonable attorney’s fees, whether suit is brought or not, including but not limited to the costs and attorney’s fees associated with the preparation and recording of a claim of lien and/or surety bond claim, and/or any litigation, and/or the cost of appeal. Applicant hereby waives the right to trial by jury in any action arising from the vendor/vendee relationship between Seller and Applicant or in connection with this Credit Application. In the event of litigation, Applicant agrees and acknowledges that venue, shall be either: Harris County, Texas or the county and state from which Seller's goods were shipped. In the event that any one or more of the provisions contained herein shall, for any reason, be held invalid, illegal or unenforceable, such invalidity, illegality or unenforceability shall not affect any other provision of this agreement, but this agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein.

Security Agreement To secure payment and performance of its obligations, Applicant hereby grants Seller a security interest in the following “Collateral”: (a) any and all material, or goods sold by Seller to Applicant, as specifically identified in the Bills of Lading , Invoices or other documents relating to the sale of such goods and services, together with all replacements or substitutions therefore and all proceeds thereof; and (b) any and all proceeds, accounts, contract rights, bond rights, lien rights, instruments, and general intangibles of Applicant, and all other rights of Applicant to the payment of money, arising from any sale or other disposition of the items described in (a) above. Applicant specifically agrees that this Agreement along with any Bills of Lading, Invoices or any other documents related to the sale of goods, constitutes a valid security agreement and Applicant hereby waives all defenses that such agreement is incomplete or not sufficiently specific. Applicant authorizes Seller to file financing statements or other documentation covering the Collateral as Seller shall deem necessary or desirable to protect its interest in the Collateral. Without limiting the foregoing, Seller may reclaim goods if not paid for in accordance with the terms and conditions contained herein or as provided for under applicable UCC laws. All payments on Applicant’s account may be applied against open charges or otherwise set-off against Applicant in the discretion of Seller. The undersigned agrees to keep the information contained in this Credit Application current and to immediately notify Seller via written notice of all changes within twenty (20) days of such changes. Seller reserves the right at any time to change the amount of or withdraw any credit extended under any terms to Applicant. Credit privileges may be revoked for failure to pay balance due when required, and may also be revoked for charges in excess of credit limit. Charges in excess of credit limit shall not change these terms and conditions. If the financial responsibility of Applicant becomes impaired or is deemed unsatisfactory by Seller for any reason, or if Applicant is in default hereunder, Applicant shall provide satisfactory security or advance cash payment on delivery, and delivery may be withheld until such security or payment is received. In the event of Applicant’s bankruptcy, insolvency, or assignment for the benefit of creditors, or Applicant’s default in payment of any indebtedness to Seller, all of Applicant’s outstanding indebtedness to Seller shall become immediately due and payable. The undersigned acknowledges and agrees that Seller may utilize outside credit reporting services to obtain information on the Applicant. The undersigned also agrees that by submitting this Credit Application, Applicant is hereby authorizing Seller to make such other information credit inquiries, including but not limited to third party trade references, from time to time, for purposes of determining Applicant's current and continued credit worthiness. The undersigned also authorizes Seller to furnish information about Applicant’s account to credit reporting agencies and other persons who may lawfully receive information.

THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT PROHIBITS CREDITORS FROM DISCRIMINATING AGAINST CREDIT APPLICANTS ON THE BASIS OF RACE, RELIGION, COLOR, NATIONAL ORIGIN, SEX, MARITAL STATUS, AGE, (PROVIDED THAT THE APPLICANT HAS THE CAPACITY TO ENTER INTO A BINDING CONTRACT); BECAUSE ALL OR PART OF THE APPLICANT’S INCOME DERIVES FROM ANY PUBLIC ASSISTANCE PROGRAM; OR BECAUSE THE APPLICANT HAS IN GOOD FAITH EXERCISED ANY RIGHT UNDER THE CONSUMER CREDIT PROTECTION ACT. THE FEDERAL AGENCY THAT ADMINISTERS COMPLIANCE WITH THIS LAW CONCERNING THIS CREDIT IS THE FEDERAL TRADE COMMISSION. If your application for business credit is denied or there is a denial of a request for an increase in business credit, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please contact Seller within 60 days from the date you are notified of our denial. We will send you a written statement of reasons for the denial within 30 days of receiving your request. If Applicant purchases goods or services from Seller, then this Credit Application shall govern those related credit relationships and purchases. The undersigned agrees to provide to Seller updated financial information upon reasonable request as a condition for continued extension of credit. Seller agrees to treat all financial information offered by Applicant in strict confidence and will use such information for credit extension purposes only. Applicant agrees that any employee of Applicant signing any delivery document provided by Seller shall be deemed fully authorized to sign on behalf of Applicant. No modification, addition to, or waiver hereof shall be effective unless agreed to in writing by an authorized agent of Seller. Cancellation of this agreement shall not affect the obligations of Applicant for previous unpaid obligations of Applicant. Acknowledgment of Acceptance of Terms and Conditions The undersigned, as authorized agent for Applicant, acknowledges that he/she has read the terms and conditions of this Agreement and agrees to be bound by the terms and conditions contained herein.