Prologix Solutions Authorization Agreement
This Credit Authorization Agreement (the "Agreement") is entered into by the undersigned applicant ("Applicant"), representing the entity as named above. Applicant hereby attests to the accuracy and completeness of the information provided in this application and further confirms their authority to act on behalf of the aforementioned entity.
By signing this Agreement, Applicant grants Prologix Solutions ("Prologix") and its authorized representatives the permission to access and obtain credit-related data from various sources, including but not limited to financial institutions, trade partners, transportation service providers, and credit reporting agencies, as outlined in this Agreement. This authorization is granted for the purpose of evaluating the payment history of the Applicant and facilitating the sharing of credit-related information with pertinent parties.
Prologix Solutions Payment Terms
It is hereby recognized and mutually agreed that all charges for freight or associated services invoiced by Prologix Solutions must be settled within a period of thirty (30) days from the date of the invoice. Failure to make payments within this specified timeframe will lead to the accrual of interest at a rate of 1.5% per month.
Additionally, the Applicant acknowledges and consents to the responsibility for covering the costs associated with collection activities, which may encompass, but are not limited to, legal fees and expenses related to court proceedings. These charges and expenses may be incurred both before and after the initiation of legal actions or a court judgment.
All transactions and interactions between Prologix Solutions and the Applicant shall be governed by the laws of the State of Illinois and pertinent federal regulations. The Applicant hereby relinquishes any right to assert a defense based on jurisdiction, venue, forum inconvenience, personal jurisdiction, or any similar doctrine in actions initiated by Prologix Solutions in the previously mentioned courts. The Applicant also waives any entitlement to a trial by jury.
The Applicant agrees not to engage in direct solicitation or tendering of cargo loads to carriers contracted by Prologix Solutions for transportation, nor shall the Applicant allow these carriers to transport cargo directly on their behalf.
In the event of cargo loss, damage, theft, or delivery delays, the Applicant commits to directing and asserting claims directly with the carrier arranged by Prologix Solutions. Prologix Solutions will actively support and facilitate the management of such claims on behalf of the Applicant. Prologix Solutions' contracted carriers will maintain a minimum cargo insurance coverage of $100,000. Acting as an interstate property broker in this context, Prologix Solutions will offer additional cargo claim coverage of up to ten thousand dollars, in addition to the carrier's $100,000 cargo insurance. The carrier accepts complete liability for the care, custody, and control of the Applicant's cargo. The carrier's cargo liability is set at $100,000, or any prearranged amount specified in writing and mutually accepted by both parties. Prologix Solutions' liability is capped at fifty cents per pound, up to a maximum liability limit of ten thousand dollars.
Prologix Solutions Delivery Delay Clause
In the event of delays in cargo delivery, the following conditions and procedures shall apply:
In cases of delayed delivery, the maximum claimable amount shall not exceed one hundred dollars per day for each day by which the delivery was delayed.
In instances where premium on-time service is a prerequisite, the Applicant is required to provide a written notice of "Foreseeable Expenses" to both Prologix Solutions and the designated Carrier before dispatching the cargo load. This notice must provide a comprehensive breakdown of the costs associated with potential late deliveries, offering advance information to the carrier.
