DECLARATION BY CREDITAPPLICATION
I/We hereby agree that the conditions of payment are strictly net payable within the credit terms(days) agreed by Ascend Access System ScaffoldingLLC
I/ We agree that the failure to settle outstanding invoices with the agreed credit terms in days will result in all outstanding debts becoming immediately payable and credit facilities being withdrawn forthwith
I/We all authorize you to take up any reference which may be considered necessary
I/We agree that Dubai court will be the voluntary arbitrator in case of any confusion or misunderstanding arising because of any commercial business with Ascend Access System Scaffolding LLC, Duabi
I/ We agree that this agreement shall be signed by those persons who will be signatories to any cheque issued for payment in respect of purchase from Ascend Access System Scaffolding LLC and each such signature shall be authenticated by the imprint of the company seal.
I/ We agree to ensure that the payment terms are mentioned on all LPOs.
I/ We declare that the above information is correct and guarantee to settle the amounts outstanding as per the terms and conditions on which the credit facility will be granted to us.
In the event that the amount outstanding due to Ascend Access System Scaffolding LLC reaches the credit limit agreed in writing by Ascend Access System Scaffolding LLC, I We shall immediately make payments to bring the amount below the authorized credit limit.
I/ We hereby grant to Ascend Access System Scaffolding LLC a continuing lien on all of my / our property that may be. or come to be, in the possession of Ascend Access System Scaffolding LLC as security for the payment of any and all of my / our obligations and liabilities to Ascend Access System Scaffolding LLC
I/ We have read and understood Ascend Access System Scaffolding LLC general terms and conditions of sales