Credit Application

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For your convenience, this document may be faxed to initiate processing. However, the original, including signature, is required to consider opening the account.
Sales Information (Please Complete) Billing Information


  1. Payment for all sales are due thirty (30) days following the sale and past due thereafter
  2. I understand there is a SERVICE CHARGE of 1.5% per month (which is an ANNUAL PERCENTAGE rate of 18%) that will be charged on any balance not paid after sixty (60) days of the month following purchase. SERVICE CHARGE is added to principal which is compounded. Applicant and/or guarantors agree to pay such SERVICE CHARGES. Applicant and/or guarantor/s agree to pay all actual cost of collection including actual attorney fees, court cost and/or collection agency fees due to Reeder Distributors, Inc. (hereinafter called Reeder) as applicants’ or guarantors’ breach of the terms of sale, whether or not a lawsuit brought to satisfy the debt owed to Reeder by applicant or guarantors. In the event that any suit or collection action is required to enforce the terms of the Credit Application and to collect unpaid account balances owing to Reeder, the undersigned agrees that jurisdiction and venue for any such action shall not be limited to the state and county in which the materials goods or services are purchased or received. The undersigned also agrees and submits to the jurisdiction of the Texas courts, and agrees that at Reeder’s sole option, the proper venue for any such collection action may include any Texas County.
  3. All sales are subject to all other Terms and Conditions of Sale set forth on the pertinent packing list or invoice relating to the particular sale.
  4. . ACCOUNT BALANCES 50 DAYS AND OLDER ARE SUBJECT TO A CREDIT HOLD AND MAY BE REPORTED TO INDUSTRY TRADE GROUP ASSOCIATIONS.
  5. Applicant and/or guarantor(s) agrees to pay to Reeder a service charge equal to but not greater than the legally acceptable amount on all dishonored check(s) returned to Reeder by the bank.

The above information is provided for the purpose of obtaining an open credit account with Reeder. Applicant does warrant and acknowledge that Reeder may rely on same, as concerns the execution of this agreement. In the event Applicant is a Sole proprietor or Partner in the Partnership, that individual’s Signature hereinafter authorizes Reeder to investigate their individual consumer credit report. If Applicant is a Corporation, signature by an individual is required on the personal and continuing personal guarantee, and when executed permission is granted to Reeder to investigate the individual’s Consumer credit report. Applicant furthermore authorizes Reeder to investigate those references listed hereon and those available, to Reeder, through industry credit trade group associations.

Applicants acknowledge having kept a copy of this credit application for their business records.

Applicant's Name
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BOTH PERSONAL GUARANTEE AND ACKNOWLEDGMENT OF THE TERMS OF SALE MUST BE SIGNED BEFORE THIS APPLICATION CAN BE PROCESSED.

Before we can deliver fuel into an underground fuel storage tank larger than 1100 gallons we must have a copy of your Delivery Certificate issued by the T.N.R.C.C. in our files. Please enclose a copy with the credit application.


If you answered yes we must have a copy of your Texas Diesel Fuel End User or Agricultural User Exemption Signed Statement Registration Number, in order to avoid paying the Texas State diesel fuel tax. Please enclose a copy with the credit application
PERSONAL GUARANTY OF ACCOUNT

The undersigned hereby requests Reeder Distributors, Inc. and/or any other division, subsidiary, affiliate thereof (“RDI”) to extend credit to (customer). In consideration thereof and of the terms of sale of petroleum products and the extension of credit by RDI to CUSTOMER, the undersigned (each, any and all of whom are hereby called “GUARANTOR”), for himself, his heirs, executors and administrators hereby unconditionally guarantees the due and punctual payment of any and all obligations of CUSTOMER to RDI whatsoever and the due performance of any and all agreements with RDI by CUSTOMER. This Guaranty is absolute, continuing and unlimited and shall not be affected, impaired, or discharged by any renewals or extensions of time of payment or credit or partial payment or by the making of any agreement relating to the manner of payment of by any modification, release or other alteration of any obligation hereby guaranteed, to all of which the undersigned expressly consents. All rights of RDI are cumulative and not alternative.

GUARANTOR hereby agrees to pay upon demand any and all amounts due and in arrears by CUSTOMER to RDI and waives notices of acceptance hereof and of notice of shipment, default, and of presentment and protest of any instrument, and any other demands and notices otherwise required by law. Guarantor acknowledges and agrees that RDI regularly renders to CUSTOMER statements of account that all of such statements shall be deemed correct and binding unless written notice of objection thereto is given to RDI within ten (10) days after receipt by CUSTOMER. GUARANTOR expressly waives any and all rights to require RDI to proceed first against CUSTOMER, or to exhaust its remedies against CUSTOMER or against any collateral before proceeding against the GUARANTOR.

In the event GUARANTOR shall fail to make payment(s) upon demand, then RDI may refer the matter to an attorney or collection service, in which case GUARANTOR agrees to be liable for all reasonable attorneys and collection fees incurred, including any reasonable expenses relating thereto, and for any court costs and fees.

This Guaranty shall be construed in accordance with the laws of the State of Texas. GUARANTOR hereby consents to personal jurisdiction of the Texas State Courts located in the County of Tarrant.

GUARANTOR may at any time terminate the Guaranty by giving thirty (30) days notice in writing to RDI only by registered mail and addressed to its headquarters’ office presently at 5450 Wilbarger Street, Fort Worth, TX 76119. The liability of GUARANTOR shall thereupon terminate as to deliveries make subsequent to the expiration of such thirty (30) day period but shall nevertheless continue in full force and effect as to all deliveries made, or obligations incurred, at any time prior to the expiration of such thirty (30) day period.

TEXAS SALES AND USE TAX RESALE CERTIFICATE
(Retailers based in Mexico must also provide a copy of their Mexico registration for to the seller.)

I, the purchaser named above, claim the right to make non-taxable purchase (for resale of the taxable items described below or on the attached order or invoice) from:

The taxable items described above, or on the attached order or invoice, will be resold, rented or leased by me within the geographical limits of the United States of America, its territories and possessions or within the geographical limits of the United Mexican States, in their present form or attached to other taxable items to be sold

I understand that if I make any use of the items other than retention, demonstration or display while holding them for sale, lease or rental, I must pay sales tax on the items at the time of use based upon either the purchase price or the fair market rental value for the period of time used.

I understand that it is a criminal offense to give a resale certificate to the seller for taxable items that I know, at the time of purchase, are purchased for use rather than for the purpose of resale, lease or rental, and depending on the amount of tax evaded, the offense may range from a Class C misdemeanor to a felony of the second degree.

This certificate should be furnished to the supplier. Do not send the completed certificate tot the Comptroller of Public Accounts.

TEXAS END USER SIGNED STATEMENT FOR PURCHASING TAX-FREE DYED DIESEL FUEL
If the purchas er is a divis ion of a corporation, give the name and addres s of the parent corporation, not the divis ion DBA name.
PLEASE READ CAREFULLY BEFORE SIGNING
If any answer is "YES," you may not legally sign this statement.
EXCEPTION: A purchaser using an End User Signed Statement Number to purchase dyed diesel fuel for exclusive use in oil or gas production must also furnish a Letter of Exception issued by the Comptroller to authorize the purchase of up to 25,000 gallons per month.
NOTE: THIS IS YOUR MASTER COPY. PLEASE RETAIN IN YOUR FILES AND MAKE COPIES AS NEEDED.

I DECLARE THAT:

  • none of the dyed diesel fuel purchased on this signed statement will be used on public highways, streets or roads;
  • all of the dyed diesel fuel purchased on this signed statement will be consumed by the purchaser in Texas and will not be resold; and
  • none of the dyed diesel fuel purchased on this signed statement will be delivered or permitted to be delivered into the fuel supply tanks of motor vehicles operating on public highways, streets or roads in this state.

I am aware that certain fines and criminal penalties are provided by law for giving a false diesel fuel signed statement.

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