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Contracts
Multi-State
Accounts Receivable - Contract to Sale

Receivable Contract With Nike In San Diego

Category:

Loans and Lending - Accounts Receivables

State:

Multi-State

County:

San Diego

Control #:

US-00402

Format:

Instant download

Description

The Receivable Contract with Nike in San Diego facilitates the sale of accounts receivable between a seller and Nike as the buyer. This contract outlines the seller's obligations to sell all rights, titles, and interests in specified accounts, as detailed in an attached exhibit. Key features include representations by the seller regarding the legitimacy and deliverance of goods or services associated with the accounts, contingencies related to payment, and associated liens or security interests. The contract also stipulates the buyer's right to inspect the accounts and conduct due diligence within a specified timeframe. It functions within the legal framework of the state mentioned in the agreement. This contract is especially useful for attorneys, partners, and owners involved in commercial transactions, providing a structured approach to account sales. Paralegals and legal assistants may use the form to prepare documents efficiently, ensuring compliance with legal standards while facilitating smooth contractual agreements.

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