Accounts Receivable Contract For Services In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Services in Tarrant is a legal document that outlines the sale of accounts receivable from a seller to a buyer. This contract ensures that the seller transfers all rights to specified accounts, including all related invoices and money due. Key features include the seller's representations about the accounts, inspection and due diligence periods for the buyer, and terms regarding recourse. The contract requires sellers to provide accurate details about the accounts, such as balances, payment status, and any defenses concerning the claims. It also includes provisions that allow the buyer to cancel the contract if the accounts do not meet their satisfaction within a specified period. For attorneys, partners, owners, associates, paralegals, and legal assistants, this contract serves as a vital tool for managing financial transactions and ensuring compliance with legal requirements related to account sales. It simplifies the process of transferring receivables, thereby supporting effective business operations.
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