Agreement Receivable Statement With Multiple Conditions In Suffolk

State:
Multi-State
County:
Suffolk
Control #:
US-00037DR
Format:
Word; 
Rich Text
Instant download

Description

A factor is a person who sells goods for a commission. A factor takes possession of goods of another and usually sells them in his/her own name. A factor differs from a broker in that a broker normally doesn't take possession of the goods. A factor may be a financier who lends money in return for an assignment of accounts receivable (A/R) or other security.

Many times factoring is used when a manufacturing company has a large A/R on the books that would represent the entire profits for the company for the year. That particular A/R might not get paid prior to year end from a client that has no money. That means the manufacturing company will have no profit for the year unless they can figure out a way to collect the A/R.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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The Consultant shall be required to comply with all terms and conditions prescribed for third party contracts in the grant contract between the Department. The following are the general terms and conditions for City of Suffolk solicitations and contracts.They are presented as a reference only. In preparing this Statement of Accounts, the Chief Financial Officer has: • Selected suitable accounting policies and applied them consistently;. Enrolling and completing the questionnaire online through the New York State. Our audits of the financial statements of Suffolk. County Water Authority (the Authority) as of and for the years ended May 31, 2024 and 2023, will be. This summary of the PSA is not complete and reference is made to the PSA for full and complete statements of such agreement and all provisions. Upon satisfaction of the conditions set forth in. Section II and Section VIII, this Agreement will be binding on all Settling States, Settling.

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Agreement Receivable Statement With Multiple Conditions In Suffolk