Agreement Receivable Statement With Join In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00037DR
Format:
Word;
Rich Text
Instant download
Description
The Agreement receivable statement with join in Kings outlines the terms between a factor and a client regarding the assignment of accounts receivable. It facilitates the purchase and sale of receivables, allowing the client to secure funds against their accounts. Key features include the assignment of accounts receivable to the factor, credit approval prerequisites, and the assumption of credit risks. It establishes guidelines for the sales and delivery of merchandise, emphasizing proper invoicing practices. The form also details the purchase price of receivables, rights under client contracts, and provisions for breach of warranty. Additionally, it includes stipulations for termination, modification, and dispute resolution through arbitration. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a comprehensive framework for managing receivables, mitigating credit risk, and maintaining legal accountability within business transactions.
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