Accounts Receivable Contract With Nike In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Nike in Sacramento is a formal agreement between a seller and buyer regarding the sale of accounts receivable. This contract outlines the seller's obligations to transfer their rights, titles, and interests in outstanding accounts, as detailed in an attached exhibit. Key features of the contract include seller representations about account validity, conditions of payment, and the status of the accounts, such as whether they are secured or contested. Additionally, the seller must agree to repurchase any defaulted accounts upon demand. Filling instructions require users to specify account details, inspection timelines, and should note if the sale is with or without recourse. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who manage financial transactions, ensuring proper due diligence, compliance with regulations, and the safeguarding of their client's interests in receivables. The clarity and organization of the contract aid users in effectively navigating the complexities of accounts receivable transactions.
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