Accounts Receivable Contract With Aging Excel Template In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Aging Excel Template in Salt Lake is designed to facilitate the sale of accounts receivable, outlining the responsibilities and rights of both the Seller and Buyer. Key features include a detailed listing of accounts on the attached Exhibit A, clear representations by the Seller regarding account status, and provisions for inspection and cancellation. Users must fill in specific details such as names, dates, and account information while ensuring compliance with relevant state laws. Attorneys, partners, and business owners can utilize this form to formalize transactions related to selling accounts receivable, while paralegals and legal assistants can assist in documentation preparation and due diligence processes. The template supports effective aging analysis of accounts, helping users understand the selling status and manage receivables more efficiently. Additionally, it includes stipulations about recourse options, providing protection to the Buyer in case of default. This makes it a critical tool for those engaged in financial transactions within the legal framework.
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