Receivable Forward Contract In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Forward Contract in Fulton is a legal document facilitating the sale of accounts receivable between a seller and a buyer. This contract outlines the seller's agreement to transfer all rights, titles, and interests in specified accounts to the buyer, including relevant invoices and due payments. Key features include seller representations about the validity of accounts, conditions for recourse, and the stipulation that accounts are either secured or unsecured. It also allows the buyer a designated inspection period to assess the accounts before finalizing the contract. Filling out this form requires attention to detail, including listing specific accounts in the attached exhibit and confirming the terms of sale. The contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it helps facilitate financial transactions and manage accounts receivable effectively. The structured format provides clear guidelines for both parties to mitigate risks and ensures compliance with applicable laws in the jurisdiction of Fulton.
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