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1. Parties: Identifies and provides full details of the transferor and transferee
2. Background: Explains the context of the transfer, including details of the original promissory note and the parties' intention to transfer it
3. Definitions: Defines key terms used throughout the agreement, including 'Promissory Note', 'Transfer Date', and other relevant terms
4. Transfer and Assignment: Details the specific rights and obligations being transferred, including the consideration for the transfer
5. Representations and Warranties: Statements by the transferor regarding ownership, authority to transfer, and status of the promissory note
6. Completion and Delivery: Specifies the transfer date and mechanics of delivering the promissory note and related documentation
7. Payment Terms: Details of any payment arrangements for the transfer, including timing and method of payment
8. Notice Requirements: Procedures for notifying the original promissory note maker and other relevant parties of the transfer
9. Governing Law and Jurisdiction: Specifies that Australian law governs the agreement and designates jurisdiction for disputes
1. Security Arrangements: Include when additional security is being provided for the transfer obligations
2. Electronic Execution: Include when the agreement will be executed electronically, specifying the agreed electronic execution method
3. Tax Implications: Include when specific tax arrangements or implications need to be addressed
4. Conditions Precedent: Include when the transfer is subject to certain conditions being met before completion
5. Further Assurance: Include when parties need to specify additional actions required after the transfer
6. Confidentiality: Include when specific confidentiality obligations need to be imposed
7. Anti-Money Laundering Compliance: Include when specific AML/CTF compliance obligations need to be addressed
1. Schedule 1 - Original Promissory Note: Copy or details of the original promissory note being transferred
2. Schedule 2 - Transfer Consideration: Detailed breakdown of the transfer price and payment terms
3. Schedule 3 - Form of Transfer Notice: Template notice to be sent to the original promissory note maker
4. Schedule 4 - Outstanding Payment Schedule: Details of any remaining payments due under the promissory note
5. Appendix A - Supporting Documents: List of all supporting documentation related to the original promissory note
6. Appendix B - Completion Checklist: List of actions and documents required for completion of the transfer
Banking and Financial Services
Commercial Real Estate
Corporate Finance
Investment Management
Private Equity
Small and Medium Enterprises
Professional Services
Manufacturing
Wholesale Trade
Construction
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Services
Commercial Operations
Credit Management
Investment
Business Development
Finance Manager
Treasury Manager
Legal Counsel
Corporate Lawyer
Financial Controller
Chief Financial Officer
Investment Manager
Credit Manager
Compliance Officer
Commercial Director
Business Development Manager
Risk Manager
Company Secretary
Accounts Receivable Manager
Transaction Manager
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