Get Accounts Receivable Purchase Agreement Bb - Leaplaw

This guide provides a clear overview of how to complete the ACCOUNTS RECEIVABLE PURCHASE AGREEMENT Bb - LeapLaw. Whether you are familiar with legal documents or new to this process, following these steps will help ensure accurate and efficient completion.

Follow the steps to accurately complete the form online.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the date at the top of the form where indicated. This is the effective date of the agreement.
3. Fill in the Buyer and Seller details, including the names of the organizations and their addresses. Ensure accurate identification to avoid any conflicts.
4. Provide the definitions for terms as specified in the agreement, such as 'Account Balance' or 'Purchase Receivables,' where necessary. Familiarizing yourself with the terminology will help in later sections.
5. In the 'Purchase and Sale of Receivables' section, indicate the offer to sell Receivables by specifying any terms related to the purchase, including the advance percentage.
6. Outline any adjustments or fees as detailed in the collections section. This includes filling in the finance charges and administrative fees based on the specifics of the agreement.
7. Review the representations and warranties section carefully to ensure all statements made and obligations are accurately reflected.
8. Go through the sections on default and penalties to understand any potential implications and fill them out as required.
9. Conclude by signing the document. Make sure both parties sign and provide the necessary titles if applicable.
10. After completing the form, save any changes made. You can choose to download, print, or share the document for further processing.

Complete your documents online for a streamlined experience.