Credit Terms & Agreement

Applicant authorizes Sound Productions, LLC (SoundPro) to obtain necessary credit information at any time from any source and agrees to pay for purchases according to the credit terms on invoices and this Agreement. Applicant warrants that all information appearing on this Agreement is true and correct as of the date signed below and agrees to notify SoundPro in writing within thirty (30) days of any change in business organization, financial condition, or controlling ownership.

Our terms are STRICTLY NET THIRTY (30) DAYS from the invoice date, unless stated otherwise in your agreement. Payment is expected on the due date via check, ACH, cash, or wire transfer. All invoices not paid within these terms shall be subject to a late charge of one and one-half percent (1.5%) per month (18% per annum), not to exceed the maximum rate allowed by law.

If these terms are not acceptable, SoundPro accepts major credit cards, wire transfers, checks, or cash at the time of order. This Agreement applies to all purchases made by Applicant or Applicant’s authorized representatives.

To secure payment of the purchase price of goods and materials purchased by Applicant from SoundPro, Applicant hereby grants SoundPro a security interest in all goods and materials purchased by Applicant from SoundPro (and proceeds therefrom), as defined under the Uniform Commercial Code (collectively, the “Collateral”). Applicant irrevocably authorizes SoundPro to file any necessary financing statements to perfect these security interests.

By providing a credit card on file, customer authorizes Sound Productions, LLC to utilize the provided credit card to reconcile any balance 15 days past due plus an additional 4% administrative fee.

Credit Limits; Review; Adjustments

Credit limits are established based on information provided by Applicant and SoundPro, in its sole and absolute discretion, may extend, increase, decrease, suspend, or revoke Applicant’s credit limit at any time based on payment history, account performance, creditworthiness, financial condition, or any other factors SoundPro deems relevant. Applicant may request a review or increase of its credit limit; however, any such request is subject to SoundPro’s approval and does not obligate SoundPro to modify the existing credit limit.

To maintain an existing credit limit or to evaluate any request for a credit increase, SoundPro may require Applicant to provide updated financial information, including but not limited to financial statements, bank references, or other documentation reasonably requested by SoundPro. Credit limits are subject to periodic and annual review and may be adjusted as necessary to ensure alignment with Applicant’s financial condition, purchasing activity, and overall credit risk profile.