Net Receivable Sales Formula In San Antonio
Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is designed to facilitate the transfer of accounts receivable from a seller to a buyer in San Antonio. This form outlines the rights and responsibilities of both parties, detailing the accounts being sold and ensuring that all claims are legitimate and free of disputes. Key features include the requirement for the seller to guarantee the accuracy of the account balances, the provision for due diligence by the buyer within a specified timeframe, and the option for the agreement to be with or without recourse. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for streamlining the process of transferring accounts receivable while safeguarding their client’s interests. Filling instructions specify clear steps for detailing the accounts on the attached exhibit, ensuring comprehensive documentation. Users can also edit the terms related to recourse and defaults based on specific negotiation outcomes. Overall, this form is vital for those engaged in financial transactions involving receivables, providing a structured and legally sound framework to operate within.
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