Accounts Receivable Contract With Credit Card In Mecklenburg
Category:
State:
Multi-State
County:
Mecklenburg
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Credit Card in Mecklenburg is a formal agreement between a seller and a buyer where the seller transfers ownership of outstanding accounts receivable. This form includes essential provisions regarding the accounts being sold, including confirmation of their accuracy, the absence of contingencies, and any existing liens. Key features include a detailed account listing in an attachment, representation from the seller regarding the accounts' status, and a clause for potential account repurchase in case of default. Filling and editing instructions clarify that the buyer has a set period for inspection of the accounts, allowing cancellation of the contract if unsatisfied. Specific use cases for this form benefit attorneys, partners, owners, associates, paralegals, and legal assistants who engage in business transactions involving accounts receivable sales, providing a clear legal framework for such activities in Mecklenburg.
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