Receivable From Sale In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable serves as a legal document facilitating the sale of a seller's accounts receivable to a buyer in the Bronx. This form outlines crucial details such as the accounts being sold, the seller's representations regarding those accounts, and the buyer's rights. Key features include an attached exhibit listing the accounts, warranty provisions regarding the absence of liens or offsets, and stipulations for handling funds received after the sale. It also includes a clause for the buyer to inspect the accounts before finalizing the transaction, ensuring transparency. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a structured agreement for account sales. When filling out the form, users should ensure accurate details in all sections, especially in the exhibit. Legal professionals can utilize this document to safeguard their clients' interests and outline the terms of the transaction clearly, making it indispensable for smooth business operations.
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