Account Form Statement For Icici Bank In Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Account form statement for ICICI Bank in Cuyahoga serves to formally assign accounts receivable from one party (the Assignor) to another (the Assignee). This form is crucial for parties involved in financial transactions, ensuring that all rights, titles, and interests in outstanding accounts are transferred transparently. Key features include the comprehensive representation of the assigned accounts, which must be listed on an attached Exhibit, detailing the true balances and account debtor information. The form also requires the Assignor to confirm that all goods or services have been delivered and that no payments are contingent on future deliveries. Additionally, it stipulates the absence of any counterclaims or defenses associated with the accounts sold. Users are guided to indicate whether the assignment is with or without recourse and agree to the handling of funds received after a specified date. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear, legally binding framework for the reassignment of receivables, mitigates potential disputes, and aids in the management of financial assets.
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