Accounts Receivable Contract With Customer In Mecklenburg
Category:
State:
Multi-State
County:
Mecklenburg
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Customer in Mecklenburg is a formal agreement between a seller and buyer for the transfer of rights to accounts receivable. The seller agrees to sell all rights, titles, and interests in the accounts listed in Exhibit 'A', including any related invoices and expected payments. Key features of the contract include seller representations about the accounts, such as their validity, balance, and the absence of any contingent payments or disputes. The contract outlines the terms of sale, indicating whether it is with or without recourse against the seller, and allows the buyer a specified number of days for inspection and due diligence. Additionally, it includes provisions for the seller to repurchase accounts that default, ensuring the buyer's protection. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a structured approach to transfer accounts receivable, maintain clear documentation, and safeguard their interests in business transactions.
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