Terms and Conditions

Introduction

These Terms and Conditions (hereinafter referred to as "Terms") govern the opening and use of a Net 30 Account (the "Account") with Paramount Scents (hereinafter referred to as "the Company"). By applying for and using the Account, the Customer agrees to be bound by these Terms.

 

  1. Definitions

1.1 "Account" refers to the Net 30 Account established with the Company.

1.2 "Customer" refers to the individual or business entity applying for and/or using the Account.

1.3 "Net 30" refers to the payment term that requires the Customer to pay the full invoiced amount within 30 days from the invoice date.

 

  1. Account Application and Approval

2.1 The Customer must submit a completed credit application form and any required supporting documentation.

2.2 The Company reserves the right to approve or reject any application at its sole discretion.

2.3 Approval of the Account is subject to a satisfactory credit check and may require a personal guarantee.

 

  1. Credit Limit

3.1 Upon approval, the Company will assign a credit limit to the Account.

3.2 The Company reserves the right to review and adjust the credit limit at any time, with or without prior notice to the Customer.

 

  1. Invoicing and Payment

4.1 The Company will issue an invoice for goods or services provided to the Customer.

4.2 Payment of the full invoiced amount is due within 30 days from the invoice date.

4.3 Payments must be made in the currency specified on the invoice and via the payment methods accepted by the Company.

 

  1. Late Payments

5.1 Any payment not received within 30 days from the invoice date will be considered late.

5.2 The Company reserves the right to charge a late fee of 20% per month on any overdue amount.

5.3 The Customer agrees to pay all costs incurred by the Company in collecting any overdue amounts, including legal fees and collection agency charges.

 

  1. Account Suspension and Termination

6.1 The Company reserves the right to suspend or terminate the Account if the Customer fails to comply with these Terms, including failure to make timely payments.

6.2 The Company may also suspend or terminate the Account if the Customer exceeds the assigned credit limit or if the Company has reason to believe that the Customer's financial condition has deteriorated.

6.3 Upon suspension or termination, all outstanding amounts on the Account become immediately due and payable.

 

  1. Dispute Resolution

7.1 The Customer must notify the Company of any invoice disputes within 10 days from the invoice date.

7.2 The Customer agrees to cooperate with the Company in resolving any disputes promptly and amicably.

 

  1. Limitation of Liability

8.1 The Company shall not be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with the Account.

8.2 The Company's total liability to the Customer for any claim arising under these Terms shall not exceed the amount paid by the Customer for the goods or services giving rise to the claim.

 

  1. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Georgia.

 

  1. Amendments

The Company reserves the right to amend these Terms at any time by providing written notice to the Customer. Continued use of the Account after such notice constitutes acceptance of the amended Terms.

 

  1. Entire Agreement

These Terms constitute the entire agreement between the Customer and the Company regarding the Account and supersede all prior agreements and understandings, whether written or oral.

 

  1. Contact Information

For any questions or concerns regarding these Terms or the Account, please contact:

Paramount Scents

8735 Dunwoody Place Ste #4198

Atlanta, Ga 30350 

1-877-433-7373

Info@paramountscents.com

 

By applying for and using the Net 30 Account, the Customer acknowledges that they have read, understood, and agree to be bound by these Terms and Conditions.