US Legal Forms
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Contracts
Multi-State
Accounts Receivable - Contract to Sale

Receivable Contract With Nike In Contra Costa

Category:

Loans and Lending - Accounts Receivables

State:

Multi-State

County:

Contra Costa

Control #:

US-00402

Format:

Instant download

Description

The Receivable Contract with Nike in Contra Costa outlines the sale agreement between a Seller and Buyer regarding the transfer of accounts receivable. Key features of the form include the Seller's representation of outstanding accounts, the inclusion of an attached Exhibit 'A' detailing the account information, and the stipulation that no payments are contingent on future services. The contract ensures that the Buyer has a specified period to inspect the accounts before finalizing the sale, with clauses addressing contingencies for default and recourse. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to facilitate the sale of receivables effectively, ensuring clarity of rights and obligations. It aids in risk assessment and due diligence, making it essential for legal professionals advising clients on financial transactions. The simple structure and plain language enhance understanding and allow for straightforward completion and modifications to suit individual needs.

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