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CREDIT APPLICATION

COMPANY INFORMATION

Purchase Orders Required?
Statements Required?

Owner or Majority Shareholder

Merchant Bank

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Commercial References

A minimum of (2) references is required
1. Name
2. Name
3. Name
4. Name

Terms and Conditions

Acceptance of Terms and Conditions
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Suretyship and Personal Guarantee

The undersigned bind themselves personally and irrevocably as sureties of all of the CLIENT’s obligations past, present and future and guarantee their fulfillment as well as renouncing to the benefit of discussion of the CLIENT’s seizable property.
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MOVEABLE HYPOTHEC (Applicable and accepted if signed)

As an additional guarantee of the CLIENT’s obligations and to insure payment of amounts owed, including interest, judicial and extrajudicial fees and accessories, the CLIENT agrees to hypothec in favour of CAN-CELL INDUSTRIES INC., for the sum represented below, the universality of its products, inventory, merchandise and other similar goods, present and future, of its business, including without limitation, general merchandises as well as wrapping, warehousing and shipping supplies, and any goods acquired in replacement of the universality in whole or part, insurance indemnities in the event of loss or claim, and any money or other considerations resulting from the sale or alienation of the universality in whole or part. The CLIENT agrees and undertakes to sign any document or additional agreements necessary to carry out the creation and registration of the movable hypothec.
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