Receivable Forward Contract In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Receivable Forward Contract in Sacramento is a legal document facilitating the sale of accounts receivable from a seller to a buyer. This contract outlines the seller's obligations, including the stipulation that all accounts listed in Exhibit 'A' are valid and that the seller holds full rights to them. Key features include clauses addressing the representation of accounts, conditions of payment, and the seller's responsibility in case of default. It allows the buyer to inspect the accounts within a specified timeframe to ensure satisfaction before finalizing the agreement. The contract may be executed with or without recourse, affecting the seller's liability for disputed accounts. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear, structured method to manage accounts receivable transactions. It promotes legal compliance in business sales while safeguarding the interests of both parties involved.
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