Receivable Contract With Nike In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Contract with Nike in Houston is a formal agreement between a seller and a buyer concerning the sale of accounts receivable, specifically involving the rights to collect outstanding invoices and payments from customers. Key features of this contract include the seller's representation of the validity of the accounts being sold, including confirmation that all products or services have been delivered and that no payments are contingent on future deliveries. The form requires the inclusion of an Exhibit that details the accounts, their balances, and any relevant terms, providing clarity to both parties. Additionally, it stipulates conditions under which accounts can be repurchased by the seller if they default, and allows the buyer a set period to review the accounts. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may be involved in the selling or buying of accounts receivable, as it provides a structured approach to managing financial agreements. Furthermore, the straightforward language and detailed instructions make it accessible for users with varying levels of legal experience.
Free preview
