Receivable Contract With Nike In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Contract with Nike in Montgomery serves as a legal document for the sale of accounts receivable from one party (Seller) to another (Buyer). The contract stipulates that the Seller sells all rights, titles, and interests in specified accounts, alongside relevant invoices and outstanding payments. Key features of this contract include representations by the Seller regarding the authenticity of accounts, non-contingent payments, and assurance that no defenses exist against the accounts. The agreement also details the terms of the assignment, including whether the sale is with or without recourse, and allows the Buyer a specified period to inspect the accounts. Users must fill in key information such as names, dates, and account specifics. Attorneys, partners, owners, associates, paralegals, and legal assistants can leverage this form to facilitate financial transactions involving receivables, streamline due diligence processes, and ensure compliance with local laws. It is useful for structuring the sale of accounts while protecting the interests of both parties involved.
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