Accounts Receivable Contract With Customer In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00402
Format:
Word;
Rich Text
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Description
Accounts Receivable -Contract to Sale is a Contract to convey all accounts to a third party at a discount. The Seller agrees to sell to the Buyer all of Seller's right title and interest in all accounts as listed on the attached Exhibit, together with all invoices representing, and all money due or to become due on the assigned accounts and all other rights in the assigned accounts of any type. This Contract can be used in any state.
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The revenue standard provides guidance on presentation of assets and liabilities generated from contracts with customers. Provide instructions for coding invoices, contracts, and purchase orders.Contract Administration. County, upon written notice to Contractor, may immediately terminate this Contract should Contractor fail to perform properly any of its obligations hereunder.