Accounts Receivable Contract With Nike In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Nike in Fulton is a legal document that outlines the terms for the sale of accounts receivable between a Seller and a Buyer. Key features of the contract include the Seller's agreement to sell their rights to the accounts listed in an attached exhibit, and the guarantees regarding the authenticity and assertiveness of these accounts. Notably, the Seller affirms that all goods or services have been rendered, there are no contingent payments, and all accounts are free from disputes unless explicitly stated otherwise. The contract allows for a due diligence period for the Buyer, offering them the chance to inspect the accounts before finalizing the agreement. Furthermore, rights may be assigned with or without recourse, which impacts the Seller's obligations in the case of defaults. This form is vital for parties engaged in financial transactions involving accounts receivable, especially attorneys, partners, owners, associates, paralegals, and legal assistants. Its utility lies in facilitating clear terms and protecting the interests of all parties involved in the transaction, ensuring a structured approach to the sale of receivables.
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