Accounts Receivable Contract With Customer In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract With Customer in Orange is a legal document that formalizes the sale of accounts receivable from a seller to a buyer. The form details the rights, titles, and interests in the accounts being sold, which are listed in an attached exhibit. It includes representations by the seller regarding the accounts, such as their validity, lack of contested payments, and whether they are secured. The seller agrees to repurchase accounts that default, and the buyer has a limited time to inspect the accounts before confirming the sale. This contract is essential for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions, ensuring a clear understanding of the rights and responsibilities of both parties. It facilitates due diligence and risk assessment, providing a structured approach to selling and managing accounts receivable. Proper completion and adherence to the relevant state laws are crucial for the enforceability of this contract.
Free preview
