Receivable Contract With Nike In Texas
Category:
State:
Multi-State
Control #:
US-00402
Format:
Word;
Rich Text
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Description
Accounts Receivable -Contract to Sale is a Contract to convey all accounts to a third party at a discount. The Seller agrees to sell to the Buyer all of Seller's right title and interest in all accounts as listed on the attached Exhibit, together with all invoices representing, and all money due or to become due on the assigned accounts and all other rights in the assigned accounts of any type. This Contract can be used in any state.
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If you are interested in becoming a Nike-authorized retailer, please review the information below to determine if an application is your next step. NIKE's contract manufacturers buy raw materials for the manufacturing of our footwear, apparel and equipment products.Accounts Receivable (AR) entries will credit the selling account and debit the corresponding General Ledger's (GL) accounts receivable account control. The Contract AR system is system that allows departments to track the revenue that should be collected on an existing contract.