4. Florida State-Specific Legal Information
In accordance with Florida Statutes § 687.0304 (2023), all credit transactions are subject to the applicable usury laws governing the maximum interest rates on commercial credit. Serverli will adhere to these statutes in the event of late payments or defaults.
5. Governing Law
This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida. Any disputes arising under this agreement shall be resolved in the courts of the State of Florida, County of Orange.
6. Collection and Attorney Fees
In the event that legal action is necessary to collect on the account, the applicant agrees to pay all collection costs, including reasonable attorney fees.
7. Notice of Right to Cure
As per Florida law, the applicant has the right to cure any default within the period specified by applicable law. Failure to do so may result in legal action for recovery of the debt.
8. Miscellaneous
Serverli reserves the right to withdraw credit or limit the applicant’s credit line at any time for any reason.
Changes to the applicant’s ownership or business structure must be reported to Serverli in writing within 30 days.
By signing this application, I acknowledge that I have read and understand the terms and conditions of sale and agree to abide by them.