Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🪙 Assignment and novation

Business activity

Assign and novate

Why use a 🪙 Assignment and novation?

A novation is a transfer of rights or obligations under a contract from one party to another. This can be done with the consent of all parties to the contract, and may be necessary if the original party can no longer fulfill their obligations. An assignment, on the other hand, is a transfer of rights or obligations under a contract from one party to another without the consent of the other party or parties.

The Amendment Agreement (Facility or Loan) under UK law is a legal template that outlines the terms and conditions for making amendments or modifications to an existing facility or loan agreement within the jurisdiction of the United Kingdom. This template is applicable to situations where parties involved in a financial arrangement, such as a bank or financial institution and a borrower, wish to make changes to the original agreement.

The document is designed to provide a framework for parties to negotiate and agree on the specific amendments required, while ensuring compliance with the relevant laws and regulations in the UK. It typically covers important aspects such as the scope of amendments, the terms of repayment, interest rates, payment schedules, security arrangements, and any other provisions that need to be adjusted.

The template ensures that the agreed-upon amendments are legally binding and provides clarity and mutual understanding between the parties involved. By using this template, parties can streamline the process of making modifications to the existing agreement, avoiding potential disputes, and ensuring that both sides are protected by the legal framework of the UK.

It is important to note that while this template provides a standardized starting point for amendment agreements, it is advisable for parties to seek legal advice and tailor the specific terms and conditions to their unique circumstances. This customized approach ensures that the agreement aligns with the parties' intentions and goals while conforming to the requirements set by UK law.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Value Added Reselling Of Data Agreement

A Value Added Reselling of Data Agreement is a legal template designed specifically to outline the terms and conditions governing the reselling of data in the United Kingdom. This agreement sets forth the obligations, rights, and responsibilities of both the data provider (the party who owns or has lawful access to the data) and the data reseller (the party who purchases the data for resale to other parties).

The template covers various aspects related to the reselling of data, including data ownership, permitted use, confidentiality, data protection and security, licensing, payment terms, liability, termination, and dispute resolution. The agreement ensures that both parties are cognizant of their rights and obligations surrounding the value-added reselling of data.

Under UK law, this agreement adheres to the relevant regulations, guidelines, and legal requirements pertaining to data protection, privacy, and intellectual property rights. It provides a legally binding framework to protect the interests of all parties involved and ensures compliance with both national and international data protection laws, such as the General Data Protection Regulation (GDPR).

Overall, this legal template aims to clearly define the terms and conditions for the value-added reselling of data, ensuring transparency, legal compliance, and protection of the rights and interests of all parties involved under the jurisdiction of UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
2

Witness Statement In Opposition To Summary Judgment Application

This legal template is a document that allows an individual, often referred to as the witness, to provide their statement and arguments opposing a summary judgment application under UK law. Summary judgment is a legal procedure used to promptly resolve a case by determining whether there is any genuine issue to be tried or if the opposing party has a valid defense or claim. In this template, the witness can outline their evidence, arguments, and any relevant facts that support their opposition to the summary judgment application. The template is tailored specifically for the legal system in the United Kingdom and aims to assist individuals in presenting a comprehensive and compelling case against the granting of summary judgment.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
4
RATINGS
0
DISCUSSIONS
2

Winding-Up Petition Certificate of Service (Compulsory Liquidation Case Study)

The "Winding-Up Petition Certificate of Service (Compulsory Liquidation Case Study) under UK law" legal template is a document that pertains to the process of compulsory liquidation of a company in the United Kingdom.

Compulsory liquidation is a legal procedure initiated by a creditor or shareholders to force the winding-up of a company that is unable to pay its debts. The template specifically focuses on the certificate of service, which is a document required to prove that the winding-up petition has been properly served.

This legal template is designed to provide a standardized format for documenting and confirming the successful service of the winding-up petition to all relevant parties involved in the compulsory liquidation proceedings. It serves as evidence that the petition has been officially communicated to the company undergoing liquidation, its directors, and other stakeholders, ensuring compliance with UK law.

The certificate of service typically includes essential information such as the date, time, and place of service, along with details of the individual(s) who served the petition. It may also include information regarding any attempts made to serve the petition previously, ensuring that all parties involved have been duly notified.

By utilizing this legal template, businesses, legal professionals, or individuals involved in compulsory liquidation cases can streamline and maintain proper documentation for their proceedings, thereby ensuring that all necessary parties have been informed and legal obligations have been fulfilled in accordance with UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
8
RATINGS
3
DISCUSSIONS
0