Receivable Forward Contract In Miami-Dade
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Forward Contract in Miami-Dade is a legal form designed for the sale of accounts receivable between a seller and a buyer. This contract ensures that the seller sells all rights and interests in designated accounts receivable, detailed in an attached exhibit. Key features include seller representations, the condition of accounts, and the optional recourse clause for buyers. The form explicitly outlines that no contested payments exist, ensuring the buyer's rights to collect funds without future obligations on product or service delivery. Legal professionals, including attorneys, partners, and associates, will find this contract valuable for facilitating transactions while protecting their clients' interests. Paralegals and legal assistants can utilize this form to streamline documentation efficiently. The form also includes due diligence provisions, allowing buyers to evaluate accounts before finalizing the sale, thus minimizing risks associated with account purchases. Overall, the Receivable Forward Contract is an essential tool for managing accounts receivable transactions in a clear and legally sound manner.
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