Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Assignment Of Funds Agreement
"I need an Assignment of Funds Agreement for transferring project finance receivables worth AED 50 million from our Dubai-based construction company to a syndicate of international banks, with the assignment to be effective from March 1, 2025, and including specific provisions for phased transfers and multiple beneficiary banks."
1. Parties: Identifies and defines the Assignor, Assignee, and any other relevant parties to the agreement
2. Background: Sets out the context of the assignment and the relationship between the parties
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Assignment: Details the specific funds being assigned and the nature of the assignment
5. Consideration: Specifies the payment or other consideration for the assignment
6. Effective Date: Establishes when the assignment becomes effective
7. Representations and Warranties: Sets out the parties' confirmations regarding their capacity, authority, and the assigned funds
8. Assignor's Obligations: Details the ongoing obligations of the assignor, including cooperation and documentation requirements
9. Notice Requirements: Specifies requirements for notifying relevant parties of the assignment
10. Payment Mechanics: Details the mechanism for payment and transfer of the assigned funds
11. Further Assurance: Obliges parties to take additional steps necessary to effect the assignment
12. Governing Law and Jurisdiction: Specifies UAE law as governing law and establishes jurisdiction for disputes
1. Conditions Precedent: Used when the assignment is subject to certain conditions being met before becoming effective
2. Security Provisions: Include when additional security is required to support the assignment
3. Anti-Money Laundering Provisions: Detailed compliance provisions when dealing with significant fund transfers or regulated entities
4. Sharia Compliance: Include when the assignment needs to be Sharia-compliant
5. Regulatory Approvals: Include when the assignment requires approval from UAE regulatory authorities
6. Third Party Rights: Include when the assignment affects or requires consent from third parties
7. Tax Provisions: Include specific tax-related provisions when the assignment has significant tax implications
8. Confidentiality: Include when sensitive financial or commercial information is involved
9. Force Majeure: Include when protection against unforeseen events affecting the assignment is required
1. Schedule 1 - Details of Assigned Funds: Detailed description and breakdown of the funds being assigned
2. Schedule 2 - Payment Schedule: If applicable, schedule of payment installments or transfer dates
3. Schedule 3 - Form of Notice: Template notices to be given to relevant parties regarding the assignment
4. Schedule 4 - Required Documents: List of documents required to effect the assignment
5. Schedule 5 - Conditions Precedent: Detailed list of conditions that must be satisfied
6. Appendix A - Powers of Attorney: If required, forms of power of attorney to execute the assignment
7. Appendix B - Corporate Approvals: Copies of relevant corporate approvals and resolutions
Authors
Banking & Financial Services
Investment Management
Real Estate & Construction
Infrastructure Development
Energy & Resources
Healthcare
Telecommunications
Manufacturing
Trading & Commerce
Insurance
Project Finance
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Finance
Investment
Project Finance
Commercial
Operations
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Investment Manager
Treasury Manager
Financial Controller
Compliance Officer
Risk Manager
Project Finance Manager
Transaction Manager
Corporate Finance Manager
Fund Manager
Senior Finance Executive
Commercial Director
Find the exact document you need
Assignment Of License Agreement
A UAE-law compliant agreement that transfers license rights from one party to another, ensuring proper assignment of all associated rights and obligations.
Assignment Of Funds Agreement
UAE-governed agreement facilitating the legal transfer of financial rights and obligations between parties, structured to comply with UAE federal laws and financial regulations.
Assignment Of Intellectual Property Rights
UAE-compliant template for legally transferring intellectual property rights between parties, including provisions for patents, copyrights, trademarks, and trade secrets.
Transfer Intellectual Property Rights Agreement
UAE-governed agreement for transferring intellectual property rights between parties, ensuring compliance with UAE Federal IP laws and regulations.
Assignment Of Lease Landlord To Landlord
UAE-compliant agreement for transferring landlord rights and obligations under an existing lease to a new landlord, ensuring proper registration and continuity of tenant arrangements.
Short Form Assignment Agreement
A UAE law-governed agreement for transferring rights or assets from an Assignor to an Assignee, structured for straightforward assignment transactions.
Invention Assignment Agreement
UAE-governed agreement for transferring invention rights from inventors to their employers, compliant with UAE Federal Labor and IP laws.
Assignment Of Security Agreement
UAE-governed agreement transferring rights and obligations under an existing security agreement from an Assignor to an Assignee, ensuring compliance with UAE Federal Laws.
Assignment Of Management Agreement
UAE-governed agreement transferring management rights and obligations from one party to another, with Principal's consent.
Assignment Of Debt Agreement
A UAE law-governed agreement that transfers debt rights from one party to another, compliant with UAE Civil Code and commercial regulations.
Assignment Of Future Intellectual Property Rights
A UAE law-governed agreement for transferring future intellectual property rights from creator to recipient, ensuring effective transfer of IP upon its creation.
Copyright Assignment Contract
A UAE law-governed agreement transferring full copyright ownership from one party to another, compliant with Federal Law No. 7 of 2002.
Confidential Information And Invention Assignment Agreement
UAE-governed agreement protecting company confidential information and ensuring assignment of employee-created intellectual property to the employer.
Debt Transfer Agreement
A UAE-governed agreement facilitating the transfer of debt obligations from one party to another, compliant with UAE Civil Code and Sharia principles.
Transfer Of Copyright Agreement
A UAE law-compliant agreement for transferring copyright ownership from one party to another, governed by Federal Law No. 7 of 2002.
Lease Assignment Agreement
A UAE-governed agreement transferring lease rights from an existing tenant to a new tenant, subject to landlord consent and local property regulations.
Intellectual Property Assignment Agreement
UAE-governed agreement for transferring intellectual property rights from one party to another, ensuring compliance with UAE Federal IP laws and registration requirements.
Assignment Contract
UAE-governed contract facilitating the transfer of rights, obligations, or property from an Assignor to an Assignee, compliant with UAE Federal Law.
Transfer Of Lease Agreement To New Landlord
UAE-governed agreement transferring landlord rights and obligations under existing lease agreement to a new landlord, ensuring compliance with federal and emirate-specific property laws.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.