Receivable Forward Contract In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Forward Contract in Maricopa is a legal document that facilitates the sale of accounts receivable from a seller to a buyer. This contract outlines the rights, titles, and interests that the seller has in the accounts, which are detailed in an attached exhibit. Key features include seller representations regarding the validity of accounts, contingencies on payments, and potential offsets. The contract allows buyers to inspect the accounts within a specified period, ensuring satisfaction before finalizing the transaction. It can be structured with or without recourse, impacting how defaults are handled. This form is particularly useful for attorneys, partners, and owners who are engaged in business transactions and need clear, enforceable agreements for receivables. Paralegals and legal assistants will find this document advantageous for managing client transactions, while associates can leverage it to understand commercial agreements in receivables management.
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