Accounts Receivable Contract With Payment Processing In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Payment Processing in Dallas is a legal document that facilitates the sale of accounts receivable from a seller to a buyer. This agreement details the seller's commitment to sell their rights and interests in specified accounts, which are outlined in an attached exhibit. Key features include representations by the seller regarding the validity and payment status of the accounts, options for recourse if accounts default, and a stipulated inspection period for the buyer. This contract provides assurance that no outstanding disputes or claims exist against the accounts, aiding in a smooth transaction. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to structure sales of accounts receivable effectively, ensuring compliance with state laws. Its straightforward language and clear structure make it accessible for individuals with varying levels of legal experience, focusing on essential terms and obligations. The form supports users in mitigating risks associated with account defaults and provides a framework for handling contested accounts.
Free preview
