Accounts Receivable Contract With Nike 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 Nike in Contra Costa is a formal agreement that facilitates the sale of accounts receivable from Seller to Buyer. It ensures that the Seller transfers all rights, titles, and interests in specified accounts, as detailed in an attached exhibit. Key features include Seller's assurances of account status, such as the completeness and uncontested nature of the accounts. The contract also stipulates the possibility of repurchase by the Seller if accounts become defaulted and outlines inspection and due diligence timelines for the Buyer. This form serves as a protective measure for both parties, ensuring clarity in financial transactions and obligations. It is particularly useful for attorneys, partners, and owners, as it provides a structured approach to managing accounts receivable transactions. Paralegals and legal assistants can benefit from the form by learning how to effectively draft, fill out, and explain the nuances that accompany such agreements, thereby enhancing their ability to support their clients and firm operations.
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