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An Assignment of Security Agreement is utilized when a party holding security interests needs to transfer these rights to another party, commonly in scenarios such as loan portfolio transfers, corporate restructuring, or refinancing arrangements. This document, governed by Swiss law, must comply with specific requirements under the Swiss Code of Obligations and Civil Code regarding the assignment of rights and transfer of security interests. The agreement typically includes detailed descriptions of the original security, the secured obligations, and the terms of transfer. It's particularly important in Switzerland's sophisticated financial and banking sector, where security interests often involve significant assets and complex financial structures. The document must address Swiss-specific requirements for perfection of security interests and registration where applicable.

1. Parties: Identification of the Assignor (current holder of security interest), Assignee (party receiving the security interest), and acknowledgment by Original Debtor

2. Background: Context of the original security agreement, reason for assignment, and description of the secured obligations

3. Definitions: Definitions of key terms used in the agreement, including 'Security Interest', 'Original Security Agreement', 'Secured Obligations', etc.

4. Assignment: Core provision transferring the security interest from Assignor to Assignee

5. Consideration: Details of payment or other consideration for the assignment

6. Representations and Warranties: Assignor's confirmations regarding ownership, right to assign, and status of security interest

7. Perfection Requirements: Steps required to perfect the assignment under Swiss law

8. Further Assurance: Obligations to execute further documents or take additional steps if needed

9. Costs and Expenses: Allocation of costs related to the assignment

10. Notices: Communication protocols between parties

11. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

12. Execution: Signature blocks and execution formalities