An Assignment Of Receivables Agreement is commonly used when businesses need to improve cash flow, secure financing, or restructure their receivables portfolio. Under English and Welsh law, this document formally transfers the right to collect payment from the assignor to the assignee, including details of the receivables, consideration, warranties, and notice requirements. It's particularly valuable for businesses seeking invoice factoring, debt financing, or restructuring their assets, and must comply with specific legal requirements for valid assignment under UK legislation.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of assignor and assignee with full legal names and addresses
2. Background: Context of the assignment and description of the underlying receivables being assigned
3. Definitions: Key terms used throughout the agreement including 'Receivables', 'Assignment Date', 'Consideration'
4. Assignment: Core provisions effecting the legal transfer of receivables from assignor to assignee
5. Consideration: Details of payment or other consideration provided for the assignment
6. Representations and Warranties: Assignor's confirmations about ownership, existence and validity of the receivables
7. Further Assurance: Obligations to take additional steps to perfect the assignment and assist with enforcement
8. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction of courts
1. Security Provisions: Additional provisions required when the assignment is by way of security rather than absolute assignment
2. Data Protection: Provisions for handling personal data when receivables involve individual debtors
3. Notice Requirements: Specific provisions about the timing and method of notifying debtors of the assignment
4. Consumer Protection: Additional provisions required when receivables involve consumer debtors
1. Schedule of Receivables: Detailed list and description of all receivables being assigned
2. Form of Notice: Template notice to be sent to debtors informing them of the assignment
3. Powers of Attorney: Form of power of attorney where assignee is granted power to act in assignor's name
4. Excluded Receivables: List of any receivables specifically excluded from the scope of the assignment
Relevant legal definitions
Assigned Receivables
Assignment Date
Consideration
Debtor
Effective Date
Encumbrance
Event of Default
Existing Contracts
Future Receivables
Notice of Assignment
Outstanding Amount
Payment Date
Purchase Price
Receivables
Related Rights
Relevant Period
Security Interest
Transaction Documents
Transfer Date
Underlying Contract
Warranties
Working Day
Cut-off Date
Collection Account
Eligible Receivables
Excluded Receivables
Material Adverse Effect
Permitted Encumbrance
Representative
Security
Assignment Date
Consideration
Debtor
Effective Date
Encumbrance
Event of Default
Existing Contracts
Future Receivables
Notice of Assignment
Outstanding Amount
Payment Date
Purchase Price
Receivables
Related Rights
Relevant Period
Security Interest
Transaction Documents
Transfer Date
Underlying Contract
Warranties
Working Day
Cut-off Date
Collection Account
Eligible Receivables
Excluded Receivables
Material Adverse Effect
Permitted Encumbrance
Representative
Security
Clauses
Assignment
Consideration
Representations and Warranties
Further Assurance
Notice Requirements
Payment Provisions
Security
Collection Rights
Set-off Rights
Covenants
Indemnification
Default Provisions
Remedies
Confidentiality
Data Protection
Anti-Money Laundering
Power of Attorney
Severability
Amendment and Waiver
Costs and Expenses
Notices
Assignment and Transfer
Counterparts
Third Party Rights
Force Majeure
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Consideration
Representations and Warranties
Further Assurance
Notice Requirements
Payment Provisions
Security
Collection Rights
Set-off Rights
Covenants
Indemnification
Default Provisions
Remedies
Confidentiality
Data Protection
Anti-Money Laundering
Power of Attorney
Severability
Amendment and Waiver
Costs and Expenses
Notices
Assignment and Transfer
Counterparts
Third Party Rights
Force Majeure
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Real Estate Assignment Contract
An English law document for transferring property rights and interests from one party to another.
find out more
Assignment Of Contract
An English law document that transfers contractual rights and obligations from one party to another.
find out more
Transfer Of Rights Agreement
A legal agreement under English and Welsh law facilitating the transfer of rights between parties, defining terms, conditions, and obligations of the transfer.
find out more
Assignment Of Partnership Interest
A legal document under English and Welsh law facilitating the transfer of partnership interests between parties.
find out more
Transfer Of Copyright Ownership Agreement
A legal agreement under English and Welsh law facilitating the transfer of copyright ownership from one party to another.
find out more
Assignment Of Construction Contract
An English law document enabling the transfer of rights and obligations under a construction contract between parties.
find out more
Transfer Of Intellectual Property Rights Agreement
A legal agreement under English and Welsh law for transferring ownership of intellectual property rights between parties.
find out more
Short Form Assignment Agreement
An England & Wales document for straightforward rights transfer in routine, uncontested assignments.
find out more
Prior Inventions Employment Agreement
An England & Wales agreement documenting pre-employment inventions and establishing intellectual property ownership rights.
find out more
Pre Invention Assignment Agreement
An England & Wales agreement assigning intellectual property rights from employee to employer before innovative work begins.
find out more
Patent Assignment Form
An England & Wales legal document transferring patent ownership, detailing involved parties and terms, requiring official registration.
find out more
Omnibus Assignment Agreement
An England & Wales legal document consolidating multiple asset transfers in corporate transactions.
find out more
Note Assignment Agreement
An England & Wales legal document transferring promissory note rights and obligations between parties.
find out more
Membership Interest Assignment
An England & Wales legal document transferring business ownership stakes with compliance and protection provisions.
find out more
Landlord Assignment Of Lease Form
An England & Wales legal document authorizing tenant lease transfer with landlord consent and conditions.
find out more
Invention Assignment Agreement
An England & Wales legal document transferring invention ownership and ensuring compliance with intellectual property laws.
find out more
International Assignment Agreement
An England & Wales legal document outlining terms for international employee assignments and compliance across jurisdictions.
find out more
Employee Equipment Assignment Form
An England & Wales document verifying completion of training, meeting industry standards and professional development requirements.
find out more
Domain Name Assignment Agreement
An England & Wales legal document certifying the substantial completion of contractual obligations, triggering final payments and warranties.
find out more
Debt Assumption Agreement
An English law document transferring debt obligations between parties, detailing terms and creditor arrangements.
find out more
Copyright Assignment Form
An England & Wales legal document confirming substantial completion of construction works, triggering key contractual obligations.
find out more
Collateral Assignment Of Lease Form
An England & Wales document confirming construction works' readiness for use, triggering key contractual obligations.
find out more
Collateral Assignment Of Beneficial Interest
An England & Wales legal document confirming completion of service obligations and triggering related contractual milestones.
find out more
Collateral Assignment Mortgage
An England & Wales legal document marking substantial project completion, triggering retention release and defects liability period.
find out more
Collateral Assignment Form
A legal document assigning rights of a life insurance policy to a lender as collateral for a loan.
find out more
Collateral Assignment
A legal document assigning rights to collateral as security for a loan or obligation.
find out more
Business Lease Transfer Agreement
An England & Wales legal document authorizing delegated authority for specific actions or powers in formal situations.
find out more
Assignment Of Shares
An England & Wales document delegating authority for business transactions and regulatory compliance under Companies Act 2006.
find out more
Assignment Of Security Agreement
An England & Wales legal notice demanding cessation of non-compete violations by a former employee or contractor.
find out more
Assignment Of Rights Form
An England & Wales legal document warning landlords of tenant rights violations and demanding compliance.
find out more
Assignment Of Rent Form
An England & Wales legal notice demanding cessation of unlawful debt collection practices by an agency.
find out more
Assignment Of Proprietary Lease Form
An England & Wales legal notice demanding cessation of unauthorized use of copyrighted material.
find out more
Assignment Of Management Agreement
An England & Wales legal notice addressing a contract breach, demanding corrective action within a specified timeframe.
find out more
Assignment Of LLC Interest Form
An England & Wales document falsely claiming legal authority to intimidate or coerce compliance through deception.
find out more
Assignment Of Limited Partnership Interest
An England & Wales legal document demanding cessation of unauthorized domain name use infringing trademark rights.
find out more
Assignment Of Leases And Rents Form
An England & Wales legal notice demanding cessation of unauthorized trademark use and outlining potential legal actions.
find out more
Assignment Of Lease Form
An England & Wales legal notice demanding cessation of contract interference and outlining potential damages and legal consequences.
find out more
Assignment Of Debt Agreement
An English legal document transferring debt obligations, detailing terms, warranties, and compliance with relevant laws.
find out more
Assignment Of Commercial Lease Form
An England & Wales legal document demanding cessation of harassment from individuals with narcissistic traits.
find out more
Assignment And Sublease
An England & Wales legal notice addressing non-compete breaches, demanding compliance and outlining potential legal actions.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)