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I / we authorize an Idealease representative to contact any / all of the above banks and references upon credit approval, I / we agree to abide fully within your payment terms and other billing policies: all invoices are due and payable upon receipt. In the event of default in the payment of any amount due, this account may be placed on C.O.D., and if the account is placed for collection or legal action, I / we agree to pay an additional charge equal to cost of collection, including agency and attorney fees and court cost incurred and permitted by laws governing these transactions.