Account - Dynamo surfaces - granite and quartz distributor

Thank you for your interest in DYNAMO SURFACES LLC. To open an account with us, please complete, execute and deliver the following documents to:
DYNAMO SURFACES LLC
887 Sivert Dr
Wood Dale, IL 60191
Attn:
Email*
Fax:
1. Credit Application
Please note that your first purchase will need to be paid upon delivery. Please complete the entire Credit Application and the Personal Guaranty attached hereto.
a. For Credit Terms: In the event that we approve your Credit Application, we will extend credit terms(usually Net 30 terms) on all future invoices.
b. For COD Account: It is not necessary to provide information pertaining to current or previous suppliers.
2. W-9 Form
Please provide your company’s Employer Identification Number or, if you are an individual, your Social Security Number. You can download the form here:
https://www.irs.gov/pub/irs-pdf/fw9.pdf
3. Sales Tax Exempt Certificate
Prior to any sale of material which is to be exempt from sales/use tax, we must you’re your applicable Sales Tax Exempt Certificate on file. If you are outside of the state of Illinois or have multiple State tax identification numbers, please list each State and applicable tax identification number.
We welcome you and your customers to visit our showroom to see the large variety of natural stone materials that we offer. If you need material samples or have any questions, please feel free to contact us.
Sincerely,
CREDIT APPLICATION The undersigned applicant (“Applicant”) hereby applies to DYNAMO SURFACES LLC (“Vendor”) for credit, or an increase or reconfirmation of Applicant’s existing credit account. Applicant gives and grants Vendor, or their agent, permission to verify all information stated herein at any time. Applicant agrees that all credit granted and/or extended shall be paid timely in accordance to Vendor’s normal terms. Applicant affirms that all information supplied is true and correct and does not omit any material information.
Applicant:
Entity Type:
EIN:
State Resale #:
Sales Tax ID:
State:
#
(attach any tax exempt certificates to this Credit Application)
Contact Person:
Address:
City, State & Zip:
Phone:
Email*
Fax:
Type of Business:
Years in Business
previous business name :
previous address:
If company owns real property, please list address(s):
Has your company ever applied for credit with us before?
If so, under the name?
Credit Requesting:
CURRENT SUPPLIERS ADDRESS PHONE #
PREVIOUS SUPPLIERS ADDRESS PHONE #
List
COMPANY BANK ACCOUNTS CONTACT PERSON CONTACT INFORMATION
EQUITY HOLDERS/ PARTNERS CONTACT INFORMATION % OWNED SSN EVER FILED BANKRUPTCY?
Applicant hereby represents that: (i) the information given in this Credit Application is true, correct and complete and provided for the purpose of obtaining credit from Vendor; and (ii) Vendor may rely on the information in this Credit Application to establish a credit account. Vendor is hereby granted the right to obtain (or review) Applicant’s credit report. Applicant hereby authorizes the release to Vendor or its designee of Applicant’s credit information from any source. The foregoing authorization shall apply to this Credit Application and subsequently for the purposes of update, renewal or extension of such credit and for reviewing or collecting the resulting account.
Applicant agrees that: (i) any decision to grant or deny credit will be made by Vendor; and (ii) that this Credit Application may be used for obtaining credit approval for any Vendor product. Any resulting credit accounts shall be for account is for commercial use only. Applicant hereby authorizes Vendor to share information with our affiliates, disclose financial information about Applicant and to send Applicant information by facsimile, email or other electronic means. The undersigned hereby certifies that he or she is authorized to sign on behalf of Applicant.
Applicant agrees to pay all sums due and to become due to Vendor including, but not limited to, (a) collection costs and attorneys' fees and (b) a 1.5% monthly service charge on all amounts over 30 days.
IN WITNESS WHEREOF, Applicant has executed this Credit Application as of the date set forth below.
APPLICANT:
By:
Name:
Title:
Dated:
PERSONAL GUARANTY
THIS PERSONAL GUARANTY (this “Guaranty”), dated as of the date set forth below, is made by the undersigned (jointly and severally, “Guarantor”) in favor of DYNAMO SURFACES LLC (“Vendor”).
WHEREAS, the principal debtor named below (“Principal Debtor”) desires to open an account and extension of credit from Vendor (the “Credit Account”); and
WHEREAS, Guarantor is an equity owner, partner, officer or affiliate of Principal Debtor, and will benefit directly and materially from the Credit Account; and
WHEREAS, it is a condition to Vendor opening the Credit Account that Guarantor execute and deliver this Guaranty for the benefit of Vendor;
NOW, THEREFORE, in consideration of the premises, and the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1. Guaranty of Payment and Performance. Guarantor hereby guarantees to Vendor the full and punctual payment when due and the performance of all liabilities and other obligations of Principal Debtor to Vendor, whether direct or indirect, absolute or contingent, due or to become due, secured or unsecured, now existing or hereafter arising or acquired, including without limitation a 1.5% monthly service charge assessed against any delinquent balance on the Credit Account (collectively, the “Obligations”). If there is more than one Guarantor, the Guarantors shall be jointly and severally liable for the Obligations. This Guaranty is an absolute, unconditional and continuing guaranty of the full and punctual payment and performance of the Obligations and not of their collectability only and is in no way conditioned upon any requirement that Vendor first attempt to collect any of the Obligations from Principal Debtor or resort to any security or other means of obtaining their payment. Should Principal Debtor default in the payment or performance of any of the Obligations, or in the event that Principal Debtor or Guarantor shall (i) apply for or consent to the appointment of a receiver, trustee or liquidator of its property, (ii) admit in writing its inability to pay or fail generally to pay its debts as they mature, (iii) make a general assignment for the benefit of creditors, (iv) be adjudicated bankrupt or (v) file a voluntary petition in bankruptcy or a petition or an answer seeking reorganization or an arrangement with creditors or to take advantage of any bankruptcy, reorganization, arrangement, insolvency, readjustment of debts, dissolution or liquidation statute, or an answer admitting the material allegations of a petition filed against it in a proceeding under any such law, the obligations of Guarantor hereunder shall become immediately due and payable to Vendor, without demand or notice of any nature, all of which are expressly, permanently and irrevocably waived by Guarantor. Payment and performance by Guarantor hereunder may be required by Vendor on any number of occasions pursuant to the terms hereof.
2. Agreement to Pay. Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to Vendor, on demand, all costs and expenses (including court costs and legal fees and expenses) incurred or expended by Vendor in connection with the enforcement of this Guaranty, together with interest on amounts recoverable under this Guaranty from the time such amounts become due until payment, at the rate of interest equal to the lesser of (i) 1.5% per month or (ii) the maximum rate permitted to be paid under applicable law.
3. Waivers by Guarantor; Vendor’s Freedom to Act. Guarantor expressly, permanently and irrevocably waives presentment, demand, protest, notice of acceptance, notice of Obligations incurred and all other notices of any kind, all defenses which may be available by virtue of any valuation, stay, moratorium law or other similar law now or hereafter in effect, any right to require the marshalling of assets of Principal Debtor, and all suretyship defenses generally. Without limiting the generality of the foregoing, Guarantor agrees to the provisions of any instrument evidencing, securing or otherwise executed in connection with any of the Obligations and agrees that the obligations of Guarantor hereunder shall not be released or discharged, in whole or in part, or otherwise affected by the following: (i) the failure of Vendor to assert any claim or demand or to enforce any right or remedy against Principal Debtor or any collateral for any of the Obligations; (ii) any extensions or renewals of any of the Obligations; (iii) any rescissions, waivers, amendments or modifications of any of the terms or provisions of any agreement evidencing, securing or otherwise executed in connection with any of the Obligations; (iv) the substitution or release of any entity primarily or secondarily liable for any of the Obligations; (v) the adequacy of any rights Vendor may have against any collateral or other means of obtaining repayment of any of the Obligations; or (vi) the impairment of any collateral securing any of the Obligations, including without limitation the failure to perfect or preserve any rights Vendor might have in such collateral or the substitution, exchange, surrender, release, loss or destruction of any such collateral.
4. Unenforceability of Obligations. If for any reason Principal Debtor has no legal existence or is under no legal obligation to discharge any of the Obligations, or if any of the Obligations have become irrecoverable from Principal Debtor by operation of law or for any other reason, this Guaranty shall nevertheless be binding on Guarantor to the same extent as if Guarantor at all times had been the principal obligor on all such Obligations. In the event that acceleration of the time for payment of any of the Obligations is stayed upon the insolvency, bankruptcy or reorganization of Principal Debtor, or for any other reason, all such amounts otherwise subject to acceleration under the terms of any agreement, document or instrument evidencing, securing or otherwise executed in connection with any of the Obligations shall be immediately due and payable by Guarantor.
5. Successors and Assigns. This Guaranty shall be binding upon Guarantor and Guarantor’s successors, heirs and assigns, and shall inure to the benefit of and be enforceable by Vendor, its successors, transferees and assigns.
6. Amendments and Waivers. No amendment or waiver of any provision of this Guaranty nor consent to any departure by Guarantor therefrom shall be effective unless the same shall be in writing and signed by Vendor. No failure on the part of Vendor to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right.
7. Governing Law; Consent to Jurisdiction. This Guaranty is intended to take effect as a sealed instrument and shall be governed by, and construed in accordance with, the laws of the North Carolina without reference to its conflicts of laws rules. Guarantor agrees that any suit for the enforcement of this Guaranty may be brought in the State and Federal courts thereof and consents to the non-exclusive jurisdiction of such court and to service of process in any such suit being made upon such Guarantor. Guarantor hereby waives any objection that it may now or hereafter have to the venue of any such suit or any such court or that such suit was brought in an inconvenient court.
8. Miscellaneous. The rights and remedies herein provided are cumulative and not exclusive of any remedies provided by law or equity. This Guaranty shall be in addition to any other guaranty of any of the Obligations. The invalidity or unenforceability of any one or more sections of this Guaranty shall not affect the validity or enforceability of its remaining provisions. Captions are for the ease of reference only and shall not affect the meaning of the relevant provisions. The meanings of all defined terms used in this Guaranty shall be equally applicable to the singular and plural forms of the terms defined. This Guaranty constitutes the entire agreement of Guarantor with respect to the matters set forth herein.
IN WITNESS WHEREOF, the Guarantor has executed this Guaranty as of the date set forth below
GUARANTOR:
Print Name:
Print Name:
Print Name:
Date:
Principal Debtor:
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EQUITY HOLDERS/ PARTNERS	CONTACT INFORMATION	% OWNED	SSN	EVER FILED BANKRUPTCY?

CURRENT SUPPLIERS	ADDRESS	PHONE #

PREVIOUS SUPPLIERS	ADDRESS	PHONE #

COMPANY BANK ACCOUNTS	CONTACT PERSON	CONTACT INFORMATION

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