Accounts Receivable Contract With Nike In Florida

• Category: Loans and Lending - Accounts Receivables
• State: Multi-State
• Control #: US-00402
• Format: Word; Rich Text

Description

The Accounts Receivable Contract with Nike in Florida is a legal document outlining the sale of accounts receivable from a seller to a buyer. It includes key features such as the seller's representation of the accounts being complete and non-contested, and the provision for assigning accounts either with or without recourse. The form allows buyers a specified period to inspect the accounts, ensuring satisfaction before finalization. This document is essential for parties engaged in the sale of outstanding invoices and receivables, particularly for those in business transactions with large entities like Nike. Filling and editing involve accurately detailing the accounts in Exhibit 'A', specifying recourse options, and ensuring compliance with Florida state laws. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to streamline the sale process, minimize disputes regarding account status, and facilitate clear communication of rights and obligations among parties involved.