US Legal Forms
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Contracts
Multi-State
Accounts Receivable - Contract to Sale

Receivable Contract With Nike In San Antonio

Category:

Loans and Lending - Accounts Receivables

State:

Multi-State

City:

San Antonio

Control #:

US-00402

Format:

Instant download

Description

The Receivable Contract with Nike in San Antonio is a legal document designed for the sale of accounts receivable between a seller and a buyer. This contract facilitates the transfer of ownership of specified accounts, which includes all associated invoices and any funds owed on those accounts. Key features of this form include representations by the seller regarding the accounts, the stipulation of whether the sale is with or without recourse, and provisions for due diligence by the buyer. The form also outlines the seller's obligations, including provisions for repurchasing defaulted accounts. Filling instructions emphasize the need to complete sections with accurate details, such as account balances and any contingencies. Target users such as attorneys, partners, and legal assistants will find this document essential for structuring agreements involving accounts receivable transactions, ensuring legal compliance, and protecting client interests in financial dealings. Additionally, this form promotes clarity in the transaction process, helping users avoid potential disputes over account representations and conditions.

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