Accounts Receivable Contract With Credit Card In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Credit Card in Contra Costa is a legal document facilitating the sale of outstanding accounts receivable between a seller and a buyer. This contract allows the seller to transfer all rights to specified accounts listed in an Exhibit, ensuring that the buyer understands the status of these accounts. Key features include seller representations about account validity, due diligence periods for buyers, and the ability to repurchase accounts in default. The contract can be executed with or without recourse, offering flexibility depending on the transaction's nature. Filling out the form requires detailed information about the accounts, including debtor details and outstanding balances. This form is particularly useful for attorneys, partners, and owners who require a structured approach to asset sales. Paralegals and legal assistants will find it essential for understanding compliance and procedural nuances in revenue collection agreements. This document aids legal professionals in effectively managing accounts receivable transactions to ensure legal clarity and business efficacy.
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