Accounts Receivable Contract With Customer Service In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Customer Service in Clark is a legal agreement that facilitates the sale of accounts receivable from a Seller to a Buyer. This contract outlines the Seller's commitment to transfer all rights, title, and interest in the specified accounts, which are detailed in an attached Exhibit 'A'. Key features include Seller's representations about the accounts, such as their validity, payment conditions, and lack of contingencies or offsets. It allows Buyers a specified period to inspect the accounts and cancel the contract if unsatisfied. Additionally, the contract specifies whether the assignment is with or without recourse. This form is particularly useful for attorneys, partners, and business owners as it simplifies the process of handling accounts receivable and provides legal safeguards. Paralegals and legal assistants will find it valuable for assisting with documentation and compliance, ensuring all parties understand their rights and responsibilities within the transaction.
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