Accounts Receivable Contract With Credit Card In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Credit Card in Hillsborough is a legal document detailing the sale of accounts receivable from a seller to a buyer. It outlines the seller's agreement to transfer all rights to the specified accounts, as detailed in the attached Exhibit 'A'. Key features include the seller's representations regarding the accounts, such as the completeness of the accounts being sold, any contingencies on payments, and the absence of any disputes on the accounts. The contract also specifies the terms of recourse, allowing the buyer to have options in case of default on accounts. Additionally, buyers are given a set period for due diligence on the accounts, after which they may cancel the agreement if unsatisfied. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions, providing a structured approach to the sale and assignment of accounts receivable. The clear language and defined terms make it accessible for users with varying levels of legal experience, ensuring that essential details are appropriately documented.
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