Accounts Receivable Contract With Nike In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Nike in Broward is a legally binding agreement that outlines the sale of all Seller's rights in specified accounts receivable to a Buyer. Key features include the detailed listing of accounts in an attached exhibit, assurances from the Seller regarding the legitimacy of accounts, and terms specifying the conditions of payment and contingencies. The form includes provisions for inspection and due diligence by the Buyer, allowing them to cancel the contract if unsatisfied. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for managing accounts receivable transactions. It supports compliance with legal standards and protects all parties involved by clarifying rights, obligations, and liabilities. Users can fill in the details appropriately, ensuring specificity regarding the accounts involved and any recourse provisions. It serves to facilitate smooth financial transactions and mitigates risks associated with account defaults.
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