Receivable From Sale In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is designed for the sale of outstanding accounts from Seller to Buyer, particularly focusing on receivables in Bexar. This form outlines the specific rights, titles, and interests being sold, ensuring both parties understand the terms of the transaction. Key features include a detailed list of accounts on an attached exhibit, representations made by the seller regarding the validity and status of the accounts, and terms regarding recourse in the event of defaults. It also specifies the timeframe for the Buyer to inspect the accounts, providing an opportunity to assess their viability. This form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants in facilitating the sale of receivables while ensuring compliance with Bexar regulations. Proper filling includes accurately completing names, dates, and details in the attached exhibit, while editing should focus on clarity regarding recourse terms and inspection periods. Use cases may include businesses looking to sell their receivables for cash flow management or legal professionals drafting agreements related to such sales.
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