Assignment Of Asset Purchase Agreement Template for Saudi Arabia

1. Security Arrangements: Required if any security or guarantees are being transferred or new security is being provided

2. Regulatory Compliance: Needed if the assignment requires specific regulatory approvals or compliance measures

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

4. Anti-corruption Compliance: Required for high-value transactions or when dealing with government-related assets

5. Currency and Payment Terms: Necessary when payments are made in foreign currency or involve specific payment structures

6. Conditions Precedent: Include when the assignment is subject to certain conditions being met

7. Further Assurance: Optional clause requiring parties to take additional steps to perfect the assignment if needed

1. Original Asset Purchase Agreement: Copy of the agreement being assigned

2. Assets Schedule: Detailed list of assets covered by the original agreement

3. Consent Letters: Copies of third-party consents obtained for the assignment

4. Required Regulatory Approvals: List and copies of regulatory approvals obtained

5. Payment Schedule: If applicable, details of any payment arrangements for the assignment

6. Outstanding Obligations: List of any unfulfilled obligations under the original agreement

7. Form of Notice: Template for notifying relevant parties of the assignment