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1. Parties: Identifies the assignor, assignee, and other relevant parties
2. Background: Describes the original security agreement and reason for assignment
3. Definitions: Defines key terms used throughout the agreement
4. Assignment: Core provisions detailing the assignment of rights and obligations
5. Consideration: States the consideration for the assignment
6. Representations and Warranties: Standard warranties regarding authority, ownership, and capacity
7. Governing Law and Jurisdiction: Specifies applicable law and courts
1. Conditions Precedent: Used when assignment is conditional on certain events or prerequisites to the assignment taking effect
2. Security Trustee Provisions: Provisions relating to security trustee arrangements when security is held on trust for multiple beneficiaries
3. Further Assurance: Obligations to execute further documents if needed when additional formalities might be required
1. Original Security Agreement: Copy of the security agreement being assigned
2. Security Assets: Details of the assets subject to the security
3. Form of Notice: Template notice to be sent to relevant parties
4. Required Consents: List of third-party consents required for the assignment
Assignor
Assignment Date
Business Day
Completion
Effective Date
Encumbrance
Event of Default
Finance Documents
Financial Indebtedness
Law
Original Security Agreement
Original Security Provider
Parties
Permitted Encumbrance
Related Rights
Secured Assets
Secured Liabilities
Secured Obligations
Security
Security Documents
Security Interest
Security Period
Security Provider
Security Trust Deed
Security Trustee
Transaction Documents
Transfer Certificate
Underlying Agreement
Consideration
Consent and Acknowledgment
Representations and Warranties
Further Assurance
Costs and Expenses
Notices
Amendments and Waivers
Severability
Counterparts
Third Party Rights
Security Trust Provisions
Registration and Perfection
Continuing Security
Power of Attorney
Assignment Restrictions
Indemnification
Remedies and Waivers
Successors and Assigns
Entire Agreement
Confidentiality
Governing Law
Jurisdiction
Service of Process
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