Allocation of Accounts Receivable_Non-Recourse

About this template:

Use this document to outline the details of an agreement regarding the allocation 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:

FOR VALUE RECEIVED the undersigned [YOUR COMPANY NAME] agrees to sell and transfer all right title and interest in and to the account(s) receivable as annexed to [NAME]. The undersigned guarantees that the said account(s) are just and due and the undersigned has not received payment for same or any part thereof; provided however that said account(s) are sold without recourse to the undersigned in the event of non-payment.

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