Accounts Receivable Contract Format In Middlesex
Category:
State:
Multi-State
County:
Middlesex
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract Format in Middlesex is a formal agreement outlining the sale of accounts receivable from a Seller to a Buyer. This document details the rights, titles, and interests being transferred and requires the Seller to provide a complete list of accounts in an attached Exhibit. Key features include representations by the Seller regarding the status of the accounts, the security of the accounts, and the absence of any defenses or claims against them. The contract also covers the conditions under which the Seller may repurchase defaulted accounts and specifies the Buyer's right to inspect these accounts for a defined period. This contract is crucial for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants as it provides a structured format for conducting transactions involving accounts receivable, ensuring clarity and protection for both parties. Proper filling and editing instructions should emphasize accuracy in the detailed account information and the critical stipulations regarding recourse and due diligence periods.
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