Accounts Receivable Contract Formula In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract Formula in Los Angeles is designed for the sale of accounts receivable between a seller and a buyer. This document stipulates that the seller agrees to transfer all rights to specified accounts, including any associated invoices and obligations. Key features include seller representations about the accounts, such as their status, security arrangements, and assurances that no disputes exist. Users are guided to inspect the accounts within a specified period and have the right to cancel the agreement if unsatisfied. The form also outlines whether the assignment is with or without recourse and details the actions needed if an account defaults. For attorneys, partners, and legal associates, this form serves as a reliable framework for facilitating accounts receivable transactions and ensuring compliance with local regulations. Paralegals and legal assistants can benefit from the clear editing instructions included, which support accurate completion of the document. Overall, this contract is crucial for any party involved in the buying or selling of accounts receivable in Los Angeles.
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