Assignment Of Debt Agreement Template for Belgium

1. Security Transfer: Required when any security interests or guarantees associated with the debt are being transferred

2. Tax Provisions: Include when there are specific tax implications or arrangements between the parties regarding tax liabilities

3. Regulatory Compliance: Required when either party is a regulated entity or when the assignment requires regulatory approvals

4. Data Protection: Include when personal data is involved in the assigned debt, particularly for consumer debts

5. Anti-Money Laundering: Required when the assignment falls under AML regulations or involves regulated entities

6. Costs and Expenses: Include when there's a need to specify responsibility for costs related to the assignment

7. Confidentiality: Include when parties wish to keep the assignment confidential (subject to mandatory disclosure requirements)

8. Partial Assignment: Required when only a portion of a debt is being assigned

1. Schedule 1 - Debt Details: Detailed description of the debt being assigned, including original contract details, current balance, and payment history

2. Schedule 2 - Form of Notice to Debtor: Template for the mandatory notice to be sent to the debtor informing them of the assignment

3. Schedule 3 - Related Security Interests: List and details of any security interests or guarantees associated with the debt

4. Schedule 4 - Required Consents: List of any third-party or regulatory consents required for the assignment

5. Appendix A - Original Debt Documentation: Copies of original debt agreements and relevant amendments

6. Appendix B - Payment Instructions: Details of bank accounts and payment procedures for the consideration