Accounts Receivable Contract With Nike In Illinois
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Nike in Illinois is a legal document that facilitates the sale of accounts receivable between a seller and a buyer. The contract outlines the seller's commitment to sell their rights to specified accounts listed in an attached exhibit, along with associated invoices and payment rights. Key features include the seller's representation of account completeness, conditions for account defaults, and the assurance that no outstanding disputes exist for the sold accounts. Users should fill in the necessary details, such as seller and buyer information and account specifics in the designated sections. The form allows for a due diligence period where the buyer can assess the accounts before finalizing the purchase. This document is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions or debt recovery. Its clear structure and thorough instructions make it easy to utilize and adapt to specific needs.
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