Agreement of Absolute Transfer of Accounts Receivable

About this template:

Use this document to agree an absolute transfer of accounts receivable. See many other finance and accounting documents which you can use in your business here https://www.templateguru.co.za/templates/finance-accounting/

Excerpt:

By an asset purchase agreement made [DATE] (the Purchase Agreement) the Transferor agreed to sell to the Transferee at the price and on the terms and conditions contained in the Purchase Agreement the Transferors right title and interest in and to substantially all of the assets used by the Transferor in carrying on a vehicle and equipment leasing and financing business including all of the vehicle leases granted by the Transferor (the Leases) all payments thereunder all vehicles leased thereby and all rights and remedies thereunder or under any agreement or arrangement facilitating or securing the performance by lessees thereunder.

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