Credit Assignment Agreement Template for Belgium

1. Security Transfer: Required when any security interests or guarantees securing the assigned credit need to be transferred

2. Anti-Money Laundering: Required for assignments involving regulated entities or significant sums, detailing AML compliance requirements

3. Tax Provisions: Include when there are specific tax implications or requirements for the assignment

4. Regulatory Compliance: Required when either party is subject to specific regulatory requirements

5. Multiple Debtors: Include when the assigned credit involves multiple debtors or joint liability

6. Partial Assignment: Required when only part of a credit is being assigned

7. Costs and Expenses: Optional section detailing responsibility for costs associated with the assignment

1. Schedule 1 - Details of Assigned Credit: Detailed description of the credit being assigned, including amount, interest rate, maturity, and payment terms

2. Schedule 2 - Form of Notice to Debtor: Template notification letter to be sent to the debtor(s) informing them of the assignment

3. Schedule 3 - Copies of Original Credit Documentation: Copies of the original credit agreement and related documents

4. Schedule 4 - Security Documents: List and copies of any security documents related to the assigned credit

5. Schedule 5 - Completion Requirements: Detailed list of documents and actions required for completion

6. Appendix A - Payment Details: Banking and payment information for the transfer of the purchase price

7. Appendix B - Power of Attorney: Where required, power of attorney for the Assignee to act in relation to the assigned credit