Agreement Receivable Statement For Graduate School In North Carolina

• Category: Contracts - Factoring
• State: Multi-State
• Control #: US-00037DR
• Format: Word; Rich Text

Description

The Agreement Receivable Statement for Graduate School in North Carolina serves as a formal contract between a factor and a seller regarding the purchase and assignment of accounts receivable. This document outlines key elements including the assignment of accounts, credit approval procedures, and the responsibilities of both parties. Users must fill in the relevant information such as names, addresses, and specific terms like percentages and days for payments. It's designed for situations where a graduate school seeks to finance its operations through selling its receivables, ensuring legal clarity on ownership and collection rights. Essential instructions include having a clear indication of the accounts, signing properly, and maintaining compliance with outlined obligations. This form is particularly useful for legal practitioners such as attorneys, partners, and paralegals who may need to assist educational institutions in navigating their financial operations. Additionally, owners and associates in the academic sector can utilize this agreement to formalize funding arrangements while ensuring compliance with legal standards.