Assignment of Accounts Receivable Non-Recourse

About this template:

This particular legal document or agreement of assignment is used to assist in articulating the terms of a receivable account where there is no recourse. Download more useful legal document templates from https://www.templateguru.co.za/templates/legal/

Excerpt:

ASSIGNMENT OF ACCOUNTS RECEIVABLE-Non Recourse FOR VALUE RECEIVED the undersigned [YOUR COMPANY NAME] hereby sells and transfers all right title and interest in and to the account(s) receivable as annexed to [NAME]. The undersigned warrants 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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