
The terms and conditions in this Registration Agreement apply to both new and existing customers of Masters Pharmaceutical, Inc.
Obtaining Credit:This application is submitted to Masters Pharmaceutical for the purpose of attaining credit. The undersigned insures that all information provided in this application is current, accurate and complete and that Masters Pharmaceutical may review all information necessary to assist the process of extending and discontinuing credit.
The undersigned agrees to immediately notify Masters Pharmaceutical, in writing, of any change in the foregoing information including, without limitation, any change in the nature of your business, ownership, name or location of the business or financial condition of the undersigned. Masters Pharmaceutical may discontinue credit at its sole discretion at any time.
Payment TermsPayment Due Dates are determined by the purchase date. All orders shipped from the 1st through the 25th of the month are due the 10th of the next month. Orders shipped from the 26th till the end of the month are due on the 10th of the following month. Thus our credit terms are defined as Net 10 EOM and are subject to credit approval. A $30 fee will be assessed on any and all NSF checks.
Guarantee of PaymentThe applicant agrees to pay at the place designated on the invoice all drafts and obligations, evidence of credit, and all extensions of credit, in full upon the due date. If not paid upon due date, a 1.5% monthly finance charge will be assessed and you agree to also pay all finance charges imposed.
On default or failure to pay as agreed, you agree to pay Masters Pharmaceutical Inc. or its subsidiaries, dba's, etc. collection costs, the maximum monthly finance charge permitted, and reasonable attorney fees.
This application will be a personal guarantee for all credit extended by Masters Pharmaceutical Inc. or its subsidiaries, dba's etc. in connection with the purchase of any and all goods. Further, the guarantor agrees to subject their company to the jurisdiction of the Ohio courts, should the company guarantor fail to pay Masters Pharmaceutical Inc. as set forth within this credit application.
This agreement is binding on your heirs, representatives, successors and assigns.
Credit and ReturnsCredits for returned merchandise will only be issued for items with prior written authorization by the customer service department of Masters Pharmaceutical. Any errors and/or discrepancies must be reported within 24 hours from receiving your order. All returned orders will be subject to a 20% restocking fee. Masters Pharmaceutical DOES NOT accept any of the following for credit:
There shall be no minimum orders, however, orders less than $150 in generic shall incur a $10 shipping and handling fee prepaid via UPS Next Day Air or UPS Ground. All COD orders will be assessed a $9.00 processing fee.
MarketingWe hereby grant permission to Masters Pharmaceutical Inc. and all its Divisions & subsidiaries to send advertising and promotional materials to the FAX numbers(s) and/or email(s) addresses listed above.