By its signature below to this application for credit, Applicant herby agrees to the following terms and conditions of sale should Smith+Nephew, Inc., elect to extend such credit.

  1. Applicant shall pay for all items purchased and services rendered in accordance with the terms and conditions established by Smith+Nephew, Inc. from time to time www.sntandc.com. Absent any written agreement to the contrary signed by both Applicant and Smith+Nephew, Inc., payments for all purchases are due 30 days from date of invoice.

  2. All payments shall be made in form satisfactory to Smith+Nephew, Inc. Applicant shall pay a late payment charge of 1.5% or the maximum rate permitted by law, assessed monthly until paid in full on any amount not paid when due. Applicant shall also pay all losses, costs, attorney’s fees or other expenses incurred by Smith+Nephew, Inc. as a result of Applicant’s failure to comply with the terms of this agreement. Failure or delay by Smith+Nephew, Inc. to bill for any such late payment or other charge or expense shall not waive or otherwise affect Smith+Nephew, Inc.’s right to collect these charges.

  3. Smith+Nephew, Inc. reserves the right at all times to limit or terminate the extension of credit and to modify its terms of sale.

  4. Applicant represents and warrants that all information provided in this Application or otherwise submitted is true and correct and is being furnished for the purpose of obtaining/retaining credit from Smith+Nephew, Inc. When requested, Applicant shall provide Smith & Nephew, Inc. with current financial statements and/or tax returns with all notes and schedules necessary to extend, review or adjust credit.

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