Accounts Receivable Contract With Credit Card In Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Credit Card in Cuyahoga is a legal document that facilitates the sale of accounts receivable from a seller to a buyer. It outlines the seller's obligations to transfer all rights to specified accounts and ensures no future claims are attached to them. The form includes key sections, such as a representation of existing accounts, any security interests, and conditions for repurchase in case of default. Users must clearly identify all accounts in Exhibit 'A' and state any contingencies that may affect payment. This contract permits buyers a due diligence period to inspect accounts and provides they may cancel the agreement if unsatisfied. It is particularly useful for attorneys and legal professionals involved in commercial transactions, enabling them to protect client interests and ensure proper compliance with state laws. Partners and owners in businesses can utilize this contract to manage cash flow effectively, while associates and paralegals may find it beneficial for drafting and reviewing such agreements. Legal assistants can also leverage it as a template for consistent and accurate documentation in receivables transactions.
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