To: cargo-partner Logistics Limited
We hereby apply for a credit account with your company and agree to comply with the following terms and conditions:
1) We shall pay within the "Credit Term" period from the date of your invoice and time is of the essence in this respect.
2) If we fail to pay as aforesaid, you can at your sole discretion charge interest on the amount oustanding form the date
of your invoice at the rate of MLR per month.
3) We agree to reimburse all legal costs and disbursements incurred by you in recovering amounts due by us in the event
that we fail to pay as aforesaid.
4) You may at your sole discretion and without any prior notice to us close our credit account with you in which event
we shall immediately pay you the balance then outstanding on our account.
5) We acknowledge and agree that all transactions will be handled in accordance with your standard trading conditions.
For and on behalf of