Accounts Receivable Contract For Services In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract for Services in Wayne serves as a formal agreement between a seller and a buyer regarding the sale of accounts receivable. This document outlines the rights and obligations of both parties, including the seller's representation of the accounts being sold, their status, and any contingent payments. Key features include the provision for inspection of accounts by the buyer, the ability to repurchase defaulted accounts, and guidelines for recourse options. The form also requires the inclusion of an exhibit detailing account balances and debtor information. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this contract to simplify transactions involving accounts receivable, ensuring both clarity and legal compliance. The instructions highlight the importance of thorough review and accurate completion, which is vital for maintaining legal integrity. Overall, this contract is a useful tool for managing financial transactions related to accounts receivable efficiently.
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