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1. Parties: Identification of assignor, assignee, and any other relevant parties
2. Background: Context of the original payment obligation and reason for assignment
3. Definitions: Key terms used throughout the agreement including Payment Rights, Assignment Date, and Original Agreement
4. Assignment: Core provision transferring payment rights from assignor to assignee
5. Consideration: Details of payment or other value given for the assignment
6. Representations and Warranties: Assignor's statements about ownership and right to assign
7. Governing Law: Jurisdiction and applicable law
1. Security Interest: Provisions establishing the assignment as security, including perfection requirements and UCC compliance
2. Notice Requirements: Procedures and obligations for notifying the original debtor of the assignment
3. Collection Procedures: Detailed process for collecting assigned payments and handling defaulted payments
4. Further Assurances: Obligations to execute additional documents or take actions to perfect the assignment
1. Schedule A - Payment Schedule: Detailed list of payment amounts, dates, and terms being assigned
2. Schedule B - Original Agreement: Copy of the agreement creating the payment obligation
3. Schedule C - Notice Forms: Template notices to be sent to relevant parties regarding the assignment
4. Schedule D - UCC Forms: Required UCC filing forms and financing statements if applicable
Assigned Payments
Assignment Date
Assignor
Assignee
Business Day
Consideration
Default
Effective Date
Encumbrance
Event of Default
Governing Law
Notice
Original Agreement
Original Debtor
Outstanding Balance
Party/Parties
Payment Rights
Payment Schedule
Security Interest
Term
Transaction Documents
Transfer
Consideration
Representations and Warranties
Payment Terms
Notice Requirements
Further Assurances
Indemnification
Default and Remedies
Security Interest
Collection Rights
No Set-Off
Governing Law
Dispute Resolution
Amendment and Modification
Severability
Entire Agreement
Assignment and Delegation
Counterparts
Third-Party Rights
Force Majeure
Waiver
Notices
Confidentiality
Survival
Financial Services
Real Estate
Construction
Manufacturing
Healthcare
Finance
Legal
Accounts Receivable
Treasury
Compliance
Chief Financial Officer
Finance Director
Accounts Receivable Manager
Contract Manager
Treasury Manager
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