Accounts Receivable Contract Format In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract Format in Pima is a legal document that facilitates the sale of accounts receivable between a Seller and a Buyer. This contract outlines the Seller's agreement to transfer their rights, titles, and interests in specified accounts listed in an attached exhibit. Key features include Seller representations regarding the accounts, conditions of payment, and provisions for recourse, allowing Buyers to reconvey accounts in default. It also stipulates a due diligence period for Buyers to inspect accounts before finalizing the purchase. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to ensure proper documentation and compliance in financial transactions. The straightforward language and structure make it accessible, even for users with limited legal experience. By utilizing this contract, legal professionals can facilitate smooth transactions while protecting their clients' interests.
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