Assignment Fee Agreement Template for Saudi Arabia

1. Third Party Consents: Required when the assignment needs approval from other parties to the original agreement

2. Tax Provisions: Specific provisions about tax implications and responsibilities, needed when tax considerations are significant

3. Security: Details of any security arrangements for the payment of the assignment fee

4. Confidentiality: Provisions regarding confidential information, needed when sensitive information is involved

5. Further Assurance: Obligations to take additional steps to perfect the assignment, needed in complex transactions

6. Assignment and Transfer: Restrictions on further assignment of rights under this agreement

7. Force Majeure: Provisions for unforeseen circumstances, needed in longer-term payment arrangements

8. Severability: Provisions for partial invalidity, recommended for complex agreements

1. Schedule 1 - Details of Original Agreement: Copy or key details of the agreement containing the rights being assigned

2. Schedule 2 - Assignment Fee Calculation: Detailed methodology for calculating the assignment fee if complex

3. Schedule 3 - Payment Schedule: If payments are to be made in installments or subject to conditions

4. Schedule 4 - Required Notices and Consents: List of required notices and third-party consents

5. Schedule 5 - Form of Notice of Assignment: Template for notifying relevant parties of the assignment

6. Appendix A - Supporting Documents: Copies of relevant supporting documentation and certificates

7. Appendix B - Powers of Attorney: If required for execution or implementation of the assignment