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1. Parties: Identifies the assignor and assignee with full legal names and addresses
2. Background: Explains the context of the debt and reason for assignment
3. Definitions: Defines key terms used throughout the agreement
4. Assignment: Core clause transferring the debt from assignor to assignee
5. Consideration: States the payment or value given for the assignment
6. Warranties: Assignor's confirmations about the debt's validity and enforceability
7. Governing Law: Specifies English and Welsh law as governing law
1. Further Assurance: Obligation to execute additional documents if needed - use in complex assignments or where additional documentation might be required
2. Confidentiality: Provisions for maintaining confidentiality of the transaction - use when sensitive commercial information is involved
3. Data Protection: Provisions for handling personal data - use when assignment involves personal data
4. Third Party Rights: Exclusion or inclusion of third party rights - use when third party rights need to be explicitly addressed
1. Schedule 1 - Details of Debt: Comprehensive description of the debt being assigned including amount, interest, and payment terms
2. Schedule 2 - Form of Notice: Template notice to be sent to the debtor informing them of the assignment
3. Schedule 3 - Supporting Documents: List of relevant documents evidencing the debt
4. Schedule 4 - Payment Details: Bank account and payment information for settling the assignment consideration
Assignee
Assignor
Assignment Date
Business Day
Completion
Completion Date
Confidential Information
Consideration
Debt
Debtor
Encumbrance
Event of Default
Interest
Law
Notice
Original Agreement
Outstanding Amount
Parties
Payment Terms
Related Rights
Relevant Documents
Security
Supporting Documentation
Transaction
Transfer
VAT
Working Day
Consideration
Representations and Warranties
Further Assurance
Notice Requirements
Rights and Obligations
Security Interest
Title and Authority
Payment Terms
Completion
Confidentiality
Data Protection
Costs and Expenses
Severability
Entire Agreement
Amendments
Waiver
Notices
Assignment and Transfer
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Force Majeure
Indemnification
Dispute Resolution
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