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Deed Of Assignment By Way Of Security
"I need a Deed Of Assignment By Way Of Security to assign the receivables from our manufacturing contracts to DBS Bank as security for a new SGD 5 million facility, to be completed by March 2025."
1. Parties: Details of the assignor and assignee
2. Background: Context of the assignment and security arrangement
3. Definitions: Key terms used in the deed
4. Assignment: Core provisions detailing what is being assigned
5. Security Interest: Nature and scope of the security interest being created
6. Representations and Warranties: Assignor's confirmations about ownership and authority
7. Covenants: Ongoing obligations of the assignor
8. Enforcement: Rights and remedies upon default
9. Execution: Formal execution blocks and witnessing requirements
1. Further Assurance: Additional actions parties may need to take to perfect the security
2. Power of Attorney: Appointment of assignee as attorney to act on assignor's behalf
3. Notice Provisions: Requirements for serving notices in complex situations
4. Assignment of Insurance: Assignment of related insurance policies for secured assets
1. Schedule 1 - Assigned Property: Detailed description of assets being assigned
2. Schedule 2 - Form of Notice: Template notice to be given to relevant third parties
3. Schedule 3 - Existing Security Interests: List of any pre-existing security interests
4. Schedule 4 - Related Documents: List of associated agreements or documents
Authors
Assignment
Assignor
Assignee
Business Day
Charged Assets
Commencement Date
Default
Encumbrance
Enforcement Event
Event of Default
Finance Documents
Financial Indebtedness
Governing Law
Insolvency Event
Law
Liabilities
Notice
Obligations
Parties
Permitted Security Interest
Receiver
Related Rights
Secured Obligations
Security
Security Interest
Security Period
SGD
Singapore
Trigger Event
Transaction Documents
Working Day
Security Interest
Representations and Warranties
Covenants
Further Assurance
Powers of Attorney
Enforcement
Default
Remedies
Notice Requirements
Registration
Stamp Duty
Maintenance of Assets
Insurance
Dealing with Assets
Security Perfection
Priority
Release of Security
Costs and Expenses
Indemnities
Set-off Rights
Amendments and Waivers
Severability
Assignment and Transfer
Confidentiality
Notices
Governing Law
Jurisdiction
Third Party Rights
Counterparts
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