Accounts Receivable Contract Formula In Harris
Category:
State:
Multi-State
County:
Harris
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract Formula in Harris outlines the agreement between a seller and a buyer for the sale of accounts receivable. This form establishes the seller's obligation to sell all rights, title, and interest in specified accounts, as detailed in an attached exhibit. Key features include seller representations regarding the completeness of accounts, payment contingencies, and the status of accounts as either secured or unsecured. Users must carefully fill in seller and buyer information, along with account details, adhering to specified legal requirements. The form allows for a due diligence period where the buyer can inspect accounts before finalizing the transaction. It is suitable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions or collections. This contract is instrumental in executing secure and clear agreements, ensuring clients’ rights and responsibilities are thoroughly documented and recognized in the event of any disputes.
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