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For the purposes of obtaining an extension of credit, I/we (“Applicant”) state that all of the information contained in this application is true and correct. The parties hereby agree that services are rendered subject to the following terms and conditions:

All invoices are due and payable on terms granted. An NSF charge of $25.00 shall be assessed for returned checks.
Amounts past due are subject to a finance charge of 1.5% (or highest rate allowed by law) each month (18% per annum) until the balance is paid in full.

If any collection action is undertaken, Team Pride Athletic Apparel, LLC, All Star Lettering, Macs Worldwide, and GS Sports Ventures shall be entitled to recover collection costs, a reasonable attorney’s fee, all court costs, and all legal interest accrued on past due principal amounts.
I/we hereby authorize banks and creditors listed above to release information needed to establish our credit.

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