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1. Parties: Identifies and defines the parties to the agreement - typically the Assignor (seller), Assignee (buyer), and any other relevant parties
2. Background: Provides context for the agreement, including details of the original ownership and reason for transfer
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Assignment and Assumption: Core provision detailing the transfer of property and assumption of related rights and obligations
5. Consideration: Specifies the purchase price and payment terms for the assignment
6. Effective Date: Establishes when the assignment and assumption becomes effective
7. Assignor's Representations and Warranties: Warranties regarding ownership, authority to sell, and condition of assets
8. Assignee's Representations and Warranties: Warranties regarding authority to purchase and assume obligations
9. Indemnification: Mutual indemnification provisions for breaches of warranties or pre/post-assignment liabilities
10. Further Assurances: Obligation to execute additional documents or take actions necessary to effect the transfer
11. Governing Law and Jurisdiction: Specifies Australian law as governing law and relevant jurisdiction for disputes
12. Execution: Formal execution block for all parties
1. Third Party Consents: Required when assignment needs approval from other parties to be effective
2. Security Interests: Include when there are existing security interests that need to be addressed
3. Tax Matters: Include specific tax provisions when significant tax implications exist
4. PPSA Provisions: Include when the assets require registration under the Personal Property Securities Act
5. Regulatory Compliance: Include when specific regulatory requirements apply to the transfer
6. Intellectual Property: Include when IP rights are part of the transferred assets
7. Employee Matters: Include when employment relationships are affected by the transfer
8. Confidentiality: Include when sensitive information is involved in the transfer
9. Dispute Resolution: Include detailed dispute resolution procedures when desired by parties
1. Schedule 1 - Assigned Property: Detailed description of all assets being transferred
2. Schedule 2 - Assumed Obligations: List of all obligations being assumed by the Assignee
3. Schedule 3 - Consideration Calculation: Detailed breakdown of the purchase price calculation if complex
4. Schedule 4 - Required Consents: List of third-party consents required for the assignment
5. Schedule 5 - Existing Security Interests: Details of any security interests affecting the assigned property
6. Schedule 6 - Required Regulatory Approvals: List of regulatory approvals needed for the transfer
7. Appendix A - Form of Transfer Documents: Templates for any additional transfer documents required
8. Appendix B - Due Diligence Documents: List of documents provided during due diligence
Assigned Property
Assigned Rights
Assignee
Assignor
Assumed Liabilities
Assumed Obligations
Business Day
Claim
Completion
Completion Date
Consent
Consideration
Dollars
Effective Date
Encumbrance
Excluded Assets
Excluded Liabilities
Execution Date
GST
GST Act
Governmental Authority
Indemnified Party
Indemnifying Party
Intellectual Property Rights
Law
Liability
Loss
Material Adverse Effect
Parties
PPSA
Purchase Price
Related Body Corporate
Representatives
Security Interest
Taxes
Third Party
Third Party Claim
Transaction Documents
Transfer Documents
Warranties
Assignment
Assumption
Purchase Price and Payment
Completion
Conditions Precedent
Security Interests
Representations and Warranties
Title and Ownership
Risk and Insurance
Further Assurance
Tax
GST
Regulatory Compliance
Third Party Consents
Indemnification
Liability
Confidentiality
Notices
Force Majeure
Assignment and Novation
Amendment
Waiver
Severability
Entire Agreement
Governing Law
Dispute Resolution
Costs and Stamp Duty
Counterparts
Electronic Execution
Manufacturing
Retail
Wholesale Trade
Transportation and Logistics
Agriculture
Mining
Construction
Professional Services
Technology
Real Estate
Financial Services
Healthcare
Energy
Telecommunications
Legal
Finance
Operations
Compliance
Risk Management
Corporate Affairs
Commercial
Business Development
Asset Management
Property Management
Contract Administration
Legal Counsel
Commercial Manager
Chief Financial Officer
Business Development Manager
Operations Manager
Asset Manager
Compliance Officer
Risk Manager
Contract Administrator
Company Secretary
Chief Executive Officer
Property Manager
Finance Director
Corporate Lawyer
Transaction Manager
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