Accounts Receivable Contract With Credit Card In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Credit Card in Santa Clara is a legal document that outlines the sale of accounts receivable from a seller to a buyer. This contract includes essential details such as the rights, title, and interests in the accounts being sold, alongside their associated invoices and money due. Key features of the contract include representations by the seller regarding the existence and status of the accounts, terms for handling payments, and clauses addressing the secularity of these accounts. It specifies if the sale is 'with or without' recourse, providing clarity on the buyer's ability to recover funds in case of default. Filling instructions advise users to accurately complete Exhibit 'A,' which lists the accounts, their balances, and any outstanding issues related to them. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in financial transactions where accounts receivable are transferred. It serves various scenarios, including business financing and debt collection, ensuring all parties understand their rights and obligations. Ultimately, this contract assists users in facilitating clear, legally binding agreements concerning the sale of receivables in a transparent manner.
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