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
Debt Assignment Agreement
"Need a Debt Assignment Agreement governed by Singapore law to transfer a secured corporate loan portfolio worth SGD 5 million from ABC Bank to XYZ Investment Fund, with completion scheduled for March 15, 2025."
1. Parties: Identifies the assignor and assignee with full legal names and addresses
2. Background: Details of the original debt and reasons for assignment
3. Definitions: Key terms used throughout the agreement
4. Assignment: Core provision transferring the debt from assignor to assignee
5. Consideration: Details of payment or other consideration for the assignment
6. Representations and Warranties: Assignor's statements about the debt's validity and status
7. Completion: Timing and mechanics of the assignment completion
1. Security Arrangements: Details of any security transfer, used when the assigned debt includes security interests
2. Tax Provisions: Allocation of tax liabilities between parties when tax implications are significant
3. Further Assurance: Obligations to execute additional documents when complex post-completion actions may be needed
1. Schedule 1 - Details of the Debt: Comprehensive description of the debt being assigned
2. Schedule 2 - Copy of Original Debt Agreement: Copy of the agreement creating the original debt
3. Schedule 3 - Form of Notice to Debtor: Template notice informing debtor of the assignment
4. Schedule 4 - Security Documents: Copies of any security documents (if applicable)
Authors
Find the exact document you need
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.