Products tagged with 'assignment of debt form'
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General Assignment of Book Debts | Canada
Have a borrower sign over their book debts to secure the loan funding with this General Assignment of Book Debts template for Canada.
- The borrower assigns its book debts and accounts to the lender as general continuing collateral security for a commercial loan or credit facilities provided by the lender.
- The assignment gives the lender the right to collect, demand payment, sue, enforce, receive and recover the borrower's book debts.
- Available in MS Word format.
- Intended to be used only in Canada.
$9.99
Assignment of Contract Debt Collection Rights
Assign and transfer your interest to collect a debt owing under a contract with this Assignment of Contract Debt form.
- The interest being assigned is a debt which arose under a contract to sell certain assets to another party who failed to follow through on the transaction.
- The third party (assignee) is purchasing the same assets and will acquire the right to collect the debt along with the property.
- The Assignment form is generic (not country specific) and can be used anywhere that does not have specific laws prohibiting or restricting such transactions.
- Available in MS Word format.
$6.29
Bill of Sale Subject to Debt | UK
Sell a vehicle or other personal property to a buyer who will take over the payments on the item with this Bill of Sale (subject to debt) for UK residents.
- NOTE - You will need the consent of the lender (or original vendor) before the property can be transferred to a new owner.
- The bill of sale agreement can be used for vehicles, appliances, electronics, or other personal property bought on hire purchase.
- The seller warrants that he/she has the right to sell the property to the buyer.
- The buyer acknowledges the debt owing on the property, and agrees to take over payment of the outstanding balance of the debt.
- The buyer also indemnifies the seller against any claims arising from the buyer's failure to pay the debt.
- Available in MS Word format.
- Intended to be used only in the United Kingdom.
$6.29
Purchase Agreement for Mortgage | USA
Use this Purchase Agreement to transfer a mortgage and promissory note from one lender to another.
- The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
- The buyer will pay for all closing costs, including report and appraisal fees, title examination and insurance.
- If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
- The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation made by the seller.
- The seller sells and assigns the note and mortgage without recourse, and the seller assumes no responsibility or liability with respect to the mortgagor's financial performance.
- Available in MS Word format.
- The form can be used throughout the United States.
$17.99
Ontario Assignment of Debt and Security
Assign your interest in a debt and its underlying security with this Assignment of Debt and Security form for the Province of Ontario.
- The assignor (creditor) holds a security interest over the property and assets of a debtor as security for a loan.
- The assignor assigns and transfers the security interest to another party who is purchasing all of the assignor's interest in the debt and the security.
- This type of assignment is often part of a sale of a business that extends credit to its customers.
- The form is available as a downloadable and fully editable MS Word document.
- Intended to be used only in the Province of Ontario, Canada.
$8.99
Ontario Share Purchase Agreement and Assignment of Shareholder Loans
Sell the shares of an Ontario corporation and transfer any existing shareholder loans with this Share Purchase and Assignment Agreement.
- The seller sells its shares and assigns the balance of shareholder loans still outstanding over to the buyer, who is taking over the business of the company.
- The purchase price will be allocated between the shares and the shareholder loans, at fair market value.
- The buyer is at liberty to contact customers, suppliers and employees to notify them of the change of control. The seller will operate the business until closing.
- The parties will each file any required tax elections with respect to the transaction.
- This template is available as a downloadable and fully customizable MS Word document.
- Intended for use only in the Province of Ontario, Canada.
$46.99