Terms & Conditions
Terms & Conditions
Account Agreement and Terms of Sale
The undersigned hereby applies to GEM Edwards (d.b.a. GEMCO Medical) for credit. It is understood and agreed that the undersigned specifically consents to GEMCO Medical investigating the applicant’s credit history, which may include the use of “Third Party” Commercial Credit Reports for the purpose of extending credit.
Prices are subject to change with thirty (30) days advanced written notice. The most recent price list supersedes previously published price lists. All pricing and/or special considerations are dependent on Customer’s account being current within payment terms.
GEMCO Medical’s terms are Net 45 days from the invoice date. A finance charge of 2% will be charged monthly on outstanding balances, which are 45 days past the due date. Orders will not be shipped on delinquent accounts. Any account balance paid by credit card after the net terms will incur a 2% processing fee. No processing fee will be assessed on payments made by check, electronic check, wire transfers or money orders. Medical reserves the right to terminate open account credit at any time. If default of payment occurs, the customer agrees to pay any and all attorney’s fees and collections costs, up to and including asset seizure. The validity, effect, interpretation and performance of this agreement will be governed by the laws of the state of Ohio. The Court of Common Pleas in Summit County, Ohio shall have exclusive jurisdiction over any suits, causes of action, or any other legal disputes between the parties, and/or their successors, which may arise under the terms of this Agreement and Guaranty. The undersigned Owner (and Guarantor) hereby expressly consent to said Court’s jurisdiction.
Unless specified otherwise, all orders will be shipped by the most cost-effective method available. Shipping charges will be added to your invoice. Shipments outside the continental US will be billed accordingly. Customer is responsible for any additional shipping charges due to Customer supplying an incorrect shipping address.
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Customer shall notify GEMCO Medical in writing within five (5) business days of any prospective or pending change in Customer’s ownership interest in the Company, or any change in the relationship of the signatories herein to the Company. If GEMCO is not notified, current owner(s) shall be responsible for all balances due GEMCO. GEMCO reserves the right to require a signed promise to pay agreement by new owner(s).