Accounts Receivable Contract With Customer Service In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Customer Service in Los Angeles outlines the terms for the sale of accounts receivable between a seller and a buyer. The contract details the seller's obligation to sell all rights to specified accounts, including all related invoices and future payments owed. Key features include seller representations about the accounts, inspection periods for buyers, and stipulations regarding recourse options on defaulted accounts. The seller guarantees the accounts are legitimate, unsecured, and that no known defenses exist against them. This form is invaluable for attorneys, partners, and legal professionals involved in commercial transactions, offering a clear structure for agreements and protections for both parties involved. Its straightforward language and instructions make it accessible for associates and paralegals aiding clients. This contract aids in ensuring proper documentation and compliance with state laws while facilitating effective business transactions.
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