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- ASSIGNMENT
OF CONTRACT
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- FOR VALUE
RECEIVED, the undersigned Assignor hereby
assigns, transfers and sets over to
(Assignee) all rights, title and interest
held by the Assignor in and to the
following described contract:
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- The Assignor
warrants and reresents that said contract
is in full force and effect and is fully
assignable.
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- The Assignee
hereby assumes and agrees to perform all
the remaining and executory obligations
of the Assignor under the contract and
agrees to indemnify and hold the Assignor
harmless from any claim or demand
resulting from non-performance by the
Assignee.
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- The Assignee
shall be entitled to all monies remaining
to be paid under the contract, which
rights are also assigned hereunder.
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- The Assignor
warrants that the contract is without
modification, and remains on the terms
contained.
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- The Assignor
further warrants that it has full right
and authority to transfer said contract
and that the contract rights herein
transferred are free of lien, encumbrance
or adverse claim.
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- This
assignment shall be binding upon and
inure to the benefit of the parties,
their successors and assigns.
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- Signed this
day of , 20 .
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- ____________________________
- Assignor
____________________________
- Assignee
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- ABSOLUTELY NO WARRANTIES
ARE MADE REGARDING THE SUITABILITY OF
THESE FORMS FOR ANY PARTICULAR PURPOSE.
IT IS ADVISABLE THAT IMPORTANT
DOCUMENTATIONS ARE PREPARED OR VETTED BY
EXPERT. LEGAL ADVICE OF ANY NATURE SHOULD
BE SOUGHT FROM COMPETENT, INDEPENDENT,
LEGAL EXPERT IN THE RELEVANT
JURISDICTION.
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