Debt Assignment Agreement Template for Germany

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Debt Assignment Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Debt Assignment Agreement

"I need a Debt Assignment Agreement under German law for transferring a €2.5M corporate loan from Deutsche Bank to FinTech Investments GmbH, with completion scheduled for March 15, 2025."

Document background
The Debt Assignment Agreement is a crucial document used in German financial and commercial transactions when one party wishes to transfer its rights as a creditor to another party. This document, governed by German law, particularly the provisions of the German Civil Code (BGB §§ 398-413), enables the legal transfer of debt claims while ensuring compliance with German regulatory requirements. It's commonly used in debt portfolio sales, restructuring scenarios, or refinancing arrangements. The agreement must address specific German law requirements regarding form, content, and notification obligations, while also considering GDPR implications when personal data is involved. The document typically includes detailed provisions about the assigned debt, purchase price, representations, and any associated security rights.
Suggested Sections

1. Parties: Identification of the Assignor (current creditor) and Assignee (new creditor)

2. Background: Context of the debt assignment, including origin of the debt and reason for assignment

3. Definitions: Key terms used throughout the agreement, including 'Assigned Debt', 'Assignment Date', 'Original Debt Agreement'

4. Assignment: Core provision transferring the debt from Assignor to Assignee, including the effective date

5. Purchase Price and Payment: Details of consideration for the assignment and payment terms

6. Completion: Actions to be taken on completion of the assignment, including document handover

7. Assignor's Representations: Confirmations regarding ownership, validity, and transferability of the debt

8. Notification to Debtor: Provisions regarding informing the debtor of the assignment

9. Data Protection: GDPR compliance provisions for handling personal data

10. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction

Optional Sections

1. Security Transfer: Required if any security interests are being transferred with the debt

2. Regulatory Compliance: Required for regulated debts or when parties are financial institutions

3. Further Assurance: Optional clause requiring parties to take additional steps to perfect the assignment

4. Tax Provisions: Required if specific tax treatments or obligations need to be addressed

5. Assignee's Representations: Required if Assignee needs to make specific confirmations or warranties

6. Costs and Expenses: Optional section detailing responsibility for transaction costs

7. Partial Invalidity: Optional severability clause for complex assignments

8. Confidentiality: Required if sensitive commercial information is involved

Suggested Schedules

1. Schedule 1: Details of Assigned Debt: Comprehensive description of the debt being assigned, including amount, interest, maturity

2. Schedule 2: Original Debt Agreement: Copy or details of the agreement creating the original debt

3. Schedule 3: Security Documents: If applicable, list and copies of security documents being transferred

4. Schedule 4: Form of Notice to Debtor: Template for notifying the debtor of the assignment

5. Schedule 5: Outstanding Amounts: Detailed breakdown of outstanding principal, interest, and other amounts

6. Appendix A: Power of Attorney: If required, form of power of attorney for completing post-assignment actions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Banking & Financial Services

Investment Management

Private Equity

Debt Collection

Commercial Real Estate

Corporate Finance

Asset Management

Insurance

Healthcare Finance

Infrastructure Finance

Relevant Teams

Legal

Finance

Treasury

Credit Management

Risk Management

Compliance

Portfolio Management

Corporate Finance

Debt Collection

Investment Management

Relevant Roles

Legal Counsel

Finance Director

Credit Manager

Portfolio Manager

Debt Collection Officer

Risk Manager

Compliance Officer

Treasury Manager

Investment Director

Corporate Finance Manager

Legal Director

Chief Financial Officer

Restructuring Manager

Transaction Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Assignation Contract

A German law-governed agreement that transfers rights or claims from an assignor to an assignee, structured according to the German Civil Code (BGB).

find out more

Assignation Agreement

A German law-governed agreement facilitating the transfer of rights or claims from an Assignor to an Assignee, structured in compliance with the German Civil Code (BGB).

find out more

Assignment And Amendment Agreement

A German law-governed agreement that facilitates the transfer of contractual rights/obligations while simultaneously amending the original agreement terms.

find out more

Assignment Of Lease Contract

A German law-governed document transferring lease rights and obligations from an existing tenant to a new tenant, maintaining original lease terms and requiring landlord's consent.

find out more

Assignment And Release Agreement

A German law agreement facilitating the transfer of rights or assets between parties while providing mutual releases from specified obligations.

find out more

Assignment Of Purchase Order

A German law-governed agreement transferring rights and obligations under a purchase order from one party to another, compliant with BGB requirements.

find out more

Assignment Assumption And Amendment Agreement

A German law agreement combining the assignment of rights, assumption of obligations, and amendment of an existing contract.

find out more

Copyright Assignment Contract

A German law agreement for transferring copyright exploitation rights while preserving creator's moral rights under Urheberrechtsgesetz.

find out more

Assignment Of Purchase Agreement

A German law agreement transferring rights and obligations under an existing purchase agreement from one party to another, compliant with German Civil Code requirements.

find out more

Assignment Of Payment Agreement

A German law agreement transferring payment rights from an Assignor to an Assignee, governed by the German Civil Code (BGB).

find out more

Asset Assignment Agreement

A German law-governed agreement for transferring ownership rights in assets from an assignor to an assignee, complying with BGB requirements.

find out more

Assignment And Novation Agreement

A German law-governed agreement facilitating the transfer of contractual rights and obligations from one party to another, with the consent of the remaining original contract party.

find out more

Assignment Of Claim Agreement

A German law-governed agreement transferring a claim or receivable from an assignor to an assignee, structured under the German Civil Code (BGB).

find out more

Assignment And Transfer Agreement

A German law-governed agreement facilitating the transfer of rights, assets, or claims from an assignor to an assignee, ensuring legal compliance with the German Civil Code.

find out more

Assignment Of Proceeds Agreement

A German law-governed agreement transferring rights to receive payments or proceeds from an Assignor to an Assignee.

find out more

Assignment And Assumption Agreement

A German law agreement facilitating the transfer of contractual rights and obligations from one party to another, governed by the German Civil Code (BGB).

find out more

Copyright Assignment Agreement

A legal agreement for transferring copyright usage rights under German law, complying with the Urheberrechtsgesetz and preserving author's moral rights.

find out more

Assumption Agreement

A German law-governed agreement where one party assumes the obligations of another party towards a creditor, structured under the German Civil Code (Schuldübernahme).

find out more

Receivables Transfer Agreement

German law-governed agreement for the transfer of receivables between parties, structured under the German Civil Code (BGB).

find out more

Loan Assignment Agreement

A German law agreement transferring rights and obligations under a loan from one party to another, complying with BGB requirements.

find out more

Lease Transfer Agreement

A German law agreement transferring lease rights and obligations from an existing tenant to a new tenant, compliant with BGB requirements.

find out more

Lease Assumption Agreement

A German law-governed agreement that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Lease Assignment And Assumption Agreement

A German law agreement transferring lease rights and obligations from an existing tenant to a new tenant, with the landlord's consent.

find out more

Employee Invention Assignment And Confidentiality Agreement

German law-compliant agreement governing employee inventions and confidentiality obligations, aligned with Arbeitnehmererfindungsgesetz requirements.

find out more

Employee Invention Agreement

A German law-compliant agreement governing employee inventions, their disclosure, ownership rights, and compensation under the Arbeitnehmererfindungsgesetz.

find out more

Debt Assignment And Assumption Agreement

A German law-governed agreement that transfers debt obligations from one creditor to another, including assumption of debt obligations and associated rights.

find out more

Debt Assignment Agreement

German law-governed agreement for transferring debt rights from an Assignor to an Assignee, structured under the German Civil Code (BGB).

find out more

Contract Assignment Agreement

A German law agreement transferring contractual rights and obligations from one party to another, governed by the German Civil Code (BGB).

find out more

Confirmatory Assignment Agreement

A German law agreement that formally confirms and documents a previous transfer of rights between parties, typically used for intellectual property assignments.

find out more

Collateral Assignment Agreement

A German law security document creating an assignment of assets as collateral, commonly used in financing transactions.

find out more

Assignor And Assignee Agreement

A German law agreement governing the transfer of rights or claims from an Assignor to an Assignee, structured under the German Civil Code.

find out more

Assignment Of Rights Agreement

A German law-governed agreement facilitating the formal transfer of rights from an Assignor to an Assignee, structured according to BGB requirements.

find out more

Wholesale Assignment Contract

A German law-governed contract for the assignment of wholesale rights and assets between commercial entities, compliant with German commercial and civil code requirements.

find out more

Security Assignment Agreement

A German law-governed agreement for the assignment of rights as security for obligations (Sicherungsabtretung), typically used in financing transactions.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.