Days Of Sales Receivables In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Contract for the Sale of Accounts Receivable is a legal document designed to facilitate the sale and transfer of accounts receivable from one party (Seller) to another (Buyer). Key features of this form include a detailed listing of the accounts being sold in an attached exhibit, the Seller's representations regarding the validity and condition of the accounts, and the stipulation of recourse options that protect the Buyer's investment. Fill-out guidance is provided to the Seller for ensuring all statements about the accounts are truthful and complete, including disclosures of any disputed accounts or liens. The document includes a period for the Buyer to conduct due diligence before finalizing the sale, ensuring transparency and buyer protection. This form is particularly useful for attorneys, partners, and business owners who are looking to streamline the sale of receivables as part of their financial strategies. Additionally, paralegals and legal assistants can utilize this document to assist in preparation and management of contracts in commercial transactions, providing essential support to legal professionals in ensuring compliance and thoroughness.
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