LUMBERMEN’S CREDIT SERVICES AND
MERCANTILE CREDIT BUREAU
STANDARD TERMS AND CONDITIONS
TERM AND CONDITION
USE OF ANY SERVICE IS SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS
1. LUMBERMEN'S CREDIT BUREAU (“LUMBERMEN’S”) AND MERCANTILE CREDIT BUREAU ("MERCANTILE”) ARE
REGISTERED TRADE NAMES OF LUMBERMENS CREDIT GROUP LTD. LUMBERMENS AND
MERCANTILE AGREE TO SUPPLY INFORMATION TO ITS MEMBERS, FOR THEIR SOLE USE, WHEN REQUESTED, IN A
TIMELY MANNER, IN ACCORDANCE WITH THE MEMBERSHIP CATEGORY SPECIFIED ON THEIR SUBSCRIPTION
AGREEMENT.
2. THE INFORMATION SUPPLIED TO MEMBERS WHETHER THE INFORMATION BE PERSONAL/CONSUMER OR BUSINESS RELATED, IS
PROVIDED UNDER THE CONDITION THAT IT IS FOR THE EXCLUSIVE USE OF THAT MEMBER FOR THE SOLE PURPOSE
OF GRANTING CREDIT, OR DIRECTLY RELATED FINANCIAL MATTERS.
3. THE MEMBER HEREBY REPRESENTS AND WARRANTS THAT THE APPROPRIATE CONSENT AS REQUIRED BY
APPLICABLE LAW HAS BEEN OBTAINED FOR THE USE OF PERSONAL CREDIT INFORMATION. THE MEMBER WILL
ADHERE TO THE RULES THAT GOVERN APPLICABLE PRIVACY LEGISLATION
4. ANY AND ALL INFORMATION SUPPLIED BY LUMBERMEN'S/MERCANTILE MAY NOT BE REPRODUCED IN ANY WAY,
WHOLE OR IN PART. THE MEMBER AGREES TO HANDLE SUCH INFORMATION CONFIDENTIALLY IN ORDER TO
COMPLY WITH THE ABOVE.
5. LUMBERMENS AND MERCANTILE ARE NOT RESPONSIBLE FOR THE ACCURACY, THE EXTENT OF THE INFORMATION
PROVIDED OR NOT PROVIDED, IN ANY MANNER WHATSOEVER. IT IS UNDERSTOOD AND AGREED THAT
LUMBERMEN'S AND MERCANTILE WILL, THEREFORE, NOT BE LIABLE FOR ANY LOSS, DAMAGE, OR INCONVENIENCE
DIRECTLY OR INDIRECTLY CAUSED BY THE MEMBER PURCHASING SERVICES FROM LUMBERMEN’S AND MERCANTILE..
6. ALL MEMBERS ARE REQUIRED TO SUBMIT THEIR ACCOUNTS RECEIVABLE AGING EXPERIENCES AS A CONDITION OF
THIS AGREEMENT.
7. LUMBERMEN'S AND MERCANTILE RESERVES THE RIGHT WITH 30 DAYS PRIOR WRITTEN NOTICE TO CHANGE THE
TERMS AND CONDITIONS OF THIS AGREEMENT INCLUDING THE CHARGES FOR SERVICES PROVIDED FOR WHICH THE
MEMBER, IF MUTUALLY AGREED IN WRITING, MAY RECEIVE A PRORATED REFUND. FURTHERMORE, LUMBERMEN'S
OR MERCANTILE MAY TERMINATE THE CONTRACT GIVEN 15 DAYS WRITTEN NOTICE.
8. MEMBERS MAY CARRY FORWARD 15% OF THEIR ORIGINAL REPORTS PURCHASED, IF UNUSED, FOR THE PERIOD OF 1
YEAR, SUBJECT TO THE MEMBER RENEWING AND COMPLYING WITH THE TERMS OF ANY AGREEMENT OR
CONTRACTS WITH LUMBERMEN'S OR MERCANTILE . REMAINING UNUSED UNITS EXPIRE AT THE CONTRACT END
DATE.
9. TERMS: ALL AMOUNTS ARE PAYABLE UPON RECEIPT OF INVOICE.
10. THESE TERMS AND CONDITIONS APPLY TO ALL MEMBER AGREEMENTS, ORDERS, AND CONTRACTS WITH
LUMERMEN’S, AND MERCANTILE.
11. THE SIGNATOR TO THESE TERMS AND CONDITIONS CONFIRMS AND REPRESENTS THEY HAVE DIRECT KNOWLEDGE
OF THE FACTS AND REPRESENTATIONS AND WARRANTIES CERTIFIED HEREIN.
LUMBERMEN’S AND MERCANTILE ARE PLEASED TO PROVIDE YOUR
CREDIT REPORTING NEEDS
ISSUED JANUARY, 2012