Accounts Receivable Contract For Services In Mecklenburg
Category:
State:
Multi-State
County:
Mecklenburg
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Services in Mecklenburg is a legal agreement between a seller and a buyer focusing on the sale of outstanding accounts receivable. This contract outlines the seller's obligations to transfer their rights and interests in specified accounts, as detailed in an attached exhibit, including the collection of invoices and money due. Key features include seller representations about account authenticity, the assurance of no disputes or claims on the accounts, and provisions for re-purchase in case of default. The contract also stipulates the conditions for inspection and due diligence by the buyer, offering a timeframe for satisfaction before commitment. It is designed for various legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants who will find it useful for formalizing the sale-purchase of accounts and ensuring both parties are protected legally. This form serves as a critical tool for managing cash flow and maximizing the potential of receivables while minimizing risks.
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