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Credit application and convention

9360-8065 Québec Inc. conducting its business under the name of Hydrotek Int'l Mfg (Hydrotek)
Herein after referred to as the company
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Owners Informations


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Bank References



Credit Reference


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Credit Reference 2


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Credit Reference 3


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Credit application and convention

  1. All legal costs and attorneys’ fees, whether judiciary or extrajudiciary, fees and outlays covered by Hydrotek for and the covering of any unpaid invoice will be charged to the customer as well as to all the sureties.
  2. Any procedures resulting from the recovery of an unpaid invoice or from the present suretyship shall exclusively be brought before the competent court of the judiciary district of Terrebonne, Province of Quebec, Canada. Any procedures that might be brought against the sureties, in the event where the addresses mentioned herein are found inadequate, for any reason whatsoever, can be served to the registrar of the competent Court in the judiciary district of Terrebonne, whereat the sureties elect domicile for the purposes of the present suretyship.
  3. The sureties acknowledge being severally liable for all present or future debt contracted by the company hereabove mentioned and its staff.
  4. Any sum remaining unpaid by the company after thirty (30) days of the date of the invoice shall bear interest at a yearly rate of twelve percent (12%) until perfect payment.
  5. The present suretyship is an irrevocable and continuing guarantee and shall apply, without regard to the amount due by the company at any time. The obligations of the surety are absolute and inconditional.
  6. The sureties renounce to the benefit of article 2363 of the Civil Code of Quebec to terminate this suretyship in the event where they would cease to fulfill any special duty that they may fulfill for the company.
  7. The present suretyship shall be governed by, and construed in accordance with, the laws of the Province of Quebec.

Your Initials

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NOT CONFIRMED

I, undersigned, declare that the information inscribed in the form herebefore is exact, and authorize Hydrotek to obtain for means of investigation, in the present and at all times, any information from the financial institutions identified therein and/or any other person, institution or bank with which the company conduct or have conducted business.

READ BEFORE

SIGNATURE

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NOT CONFIRMED
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SIGNATURE

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NOT CONFIRMED

I, undersigned, agree to and understand the terms and conditions set forth at articles 1 through 7 hereabove, as per my initials, and undertake, severally with the company, to pay to 9360-8065 Quebec inc. all amounts due and payable by the company, with interest, accessories and all other amounts payable in virtue hereof, and I renounce to the benefits of discussion and division.


SIGNATURE

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NOT CONFIRMED
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SIGNATURE

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NOT CONFIRMED

SIGNATURE

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NOT CONFIRMED