I understand and agree that the following terms and conditions shall apply to all purchase transactions made by the applicant/customer (“Customer”):
Resale. Customer certifies that all purchases will be for retail resale purposes only and that Customer currently has a state resale number and certificate in the state in which Customer conducts business.
Compliance with Laws. Customer shall obtain and maintain all necessary federal, state and municipal business licenses and permits for its retail firearms and/or related accessories business. Customer agrees to maintain a thorough knowledge of and to fully comply with all current federal, state and local firearms regulations (FFL customers only).
Export Restrictions. Certain firearms and accessory products may not be exported without the express written consent of the manufacturer. Customer agrees that it will not export, directly or indirectly, any export restricted products without first obtaining the written consent of the manufacturer and in full compliance with U.S. government export licensing requirements (i.e., U.S. Department of State ITAR regulations and Department of Commerce BIS regulations).
Notification. Customer agrees to promptly notify MSR Distribution Company in the event of any revocation of its FFL or any other required business license. Customer agrees to promptly notify MSR Distribution Company of any changes in the ownership or control of its business or in the form of its business entity (e.g. partnership, corporation, sole proprietorship).
Payment. Invoiced payment amounts not paid by the due date shall bear interest and service charges of 2.5% per month. Any returned checks or electronic payments will be subject to a $75.00 service charge. Any delinquent payments or returned checks may result in the account being changed to cash prepay or COD only. Credit may be extended to accounts that complete the appropriate credit forms and have an approved rating. All prices quoted reflect a 4% discount that cannot be earned for credit card orders. Orders under $200.00 are subject to an additional $20.00 small order charge. At the option and discretion of the company, returned checks may be presented as an Automated Clearing House (ACH) transaction to applicant’s bank. Backorders or prepayments do not guarantee pricing
Returns. Customer agrees not to return any merchandise to MSR Distribution Company without prior authorization, and subject to a 20% re-stocking charge. Any defective merchandise is to be returned directly to the manufacturer in accordance with their warranty and return policies. * Return Freight Charges: All charges must be paid prior to any additional orders being shipped. * Any shipments refused or unclaimed by the customer are subject to freight charges and a restock fee of 20%.
Lost or Damaged Goods: The company is not responsible for goods damaged or lost in transit. Shortages or damages must be reported to company within 3 business days of delivery or claims will be denied. Internal (concealed) damage claims must be filed and followed up with the freight carrier.
Warranties. The only warranties applicable to the products sold by MSR Distribution Company are any express warranties that come from the manufacturer of the products. Customer understands and agrees that MSR Distribution Company makes no representations or warranties of any kind or nature concerning the products it sells. Customer agrees to waive any and all implied warranties, including merchantability or fitness for a particular purpose.
Security Interest. Customer grants to MSR Distribution Company a purchase money security interest in all products sold to Customer by MSR Distribution Company to secure payment to MSR Distribution Company. Customer hereby authorizes MSR Distribution Company to sign any documents required to perfect MSR Distribution Company’s security interest, including financing statements under the Uniform Commercial Code.
Collection. Customer understands and agrees that if credit is extended, all invoices are to be paid by the due date on the invoice. Customer shall be liable for all costs incurred by MSR Distribution Company in the collection of any delinquent account, including collection agency fees, court costs, attorney fees and other legal expenses. The undersigned customer hereby certifies that all information supplied on the Customer's Account Application is true and correct, and that he/she is at least 21 years of age and has read, fully understands and accepts these Terms and Conditions.