Accounts Receivable Contract Format In Harris
Category:
State:
Multi-State
County:
Harris
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract Format in Harris outlines an agreement between a seller and a buyer for the sale of accounts receivable. Key features include the seller's commitment to transfer all rights, titles, and interests in the specified accounts, documented in an accompanying exhibit. The seller warrants that the accounts are genuine, include accurate debtor information, and carry no outstanding disputes except those noted. The agreement also stipulates the conditions regarding recourse, inspection periods for buyers, and the governing law of the applicable state. This contract is beneficial for attorneys, partners, and legal assistants as it provides a clear structure for negotiating the sale of accounts. It offers paralegals and legal assistants a detailed template for drafting and customizing agreements suited to their clients' needs. Owners and associates can use this form to efficiently manage cash flow by securing immediate capital from receivables.
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