Accounts Receivable Contract With Nike In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Nike in Bronx is a formal agreement between a seller and buyer regarding the sale of accounts receivable. This contract outlines the seller's obligation to transfer their rights, titles, and interests in specified accounts to the buyer. Key features of the form include seller representations about the accounts, such as their completeness and lack of contingencies, as well as the buyer's right to inspect the accounts within a set timeframe. It emphasizes due diligence, with the buyer having the option to cancel the contract if unsatisfied. The contract also specifies the recourse agreement, allowing for potential reconveyance of accounts upon default. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in financial transactions, helping them create clear and enforceable agreements that protect their clients' interests in commercial contexts.
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