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Deed Of Assignment Loan Agreement
"I need a Deed of Assignment Loan Agreement for ABC Bank's sale of a corporate loan portfolio to XYZ Investment Fund, involving 15 performing loans with a total value of INR 500 crores, with completion scheduled for March 2025; the document must comply with RBI guidelines and include provisions for multiple borrower notifications."
1. Parties: Identification of all parties: Assignor (original lender), Assignee (new lender), and Borrower
2. Background: Recitals explaining the original loan agreement, reason for assignment, and current status of the loan
3. Definitions: Definitions of key terms used throughout the agreement
4. Assignment: Core terms of the assignment including what is being assigned and the effective date
5. Consideration: Details of the consideration paid for the assignment
6. Representations and Warranties: Representations by the Assignor regarding the loan, outstanding amount, and authority to assign
7. Rights and Obligations: Transfer of rights and obligations between Assignor and Assignee
8. Loan Terms: Restatement or confirmation of the existing loan terms including principal, interest, and repayment schedule
9. Payment Provisions: Details of how and where payments should be made post-assignment
10. Notices: Process and addresses for serving notices under the agreement
11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
12. Execution: Execution blocks for all parties with requirements for witnesses and attestation
1. Security Assignment: Required if there is any security or collateral associated with the loan being assigned
2. Guarantees: Include if there are any guarantors for the loan who need to consent to the assignment
3. Conditions Precedent: Include if there are specific conditions that must be met before the assignment becomes effective
4. Tax Provisions: Detailed tax implications and responsibilities if the assignment has significant tax consequences
5. Further Assurance: Optional clause requiring parties to take additional actions if needed to perfect the assignment
6. Costs and Expenses: Include if there's a need to specify who bears the costs of the assignment process
7. Regulatory Compliance: Include if either party is a regulated entity or if specific regulatory requirements apply
8. Partial Assignment: Include if only a portion of the loan is being assigned
1. Schedule 1 - Original Loan Agreement: Copy or details of the original loan agreement being assigned
2. Schedule 2 - Loan Details: Current loan balance, interest rate, payment history, and repayment schedule
3. Schedule 3 - Security Details: Details of any security or collateral associated with the loan
4. Schedule 4 - Forms of Notice: Template notices to be sent to the Borrower and any other relevant parties
5. Schedule 5 - Conditions Precedent Documents: List of documents required to be delivered before assignment completion
6. Appendix A - Payment Instructions: New payment instructions and bank account details for loan repayments
7. Appendix B - Contact Details: Contact information for all parties and their authorized representatives
Authors
Assignee
Assignor
Assignment Date
Assigned Rights
Borrower
Business Day
Completion
Conditions Precedent
Consideration
Default
Default Interest
Effective Date
Encumbrance
Event of Default
Existing Security
Facility
Finance Documents
Financial Indebtedness
Governmental Authority
Guarantee
Guarantor
Interest Period
Interest Rate
Law
Lender
Loan
Loan Agreement
Material Adverse Effect
Original Loan Agreement
Outstanding Amount
Party/Parties
Payment Date
Permitted Assignment
Principal Amount
Relevant Documents
Repayment Schedule
Security
Security Documents
Security Interest
Stamp Duty
Tax
Transaction Documents
Transfer Certificate
Warranties
Assignment
Consideration
Transfer of Rights
Transfer of Obligations
Representations and Warranties
Security Assignment
Payment Terms
Interest
Default Interest
Repayment
Security
Conditions Precedent
Completion
Further Assurance
Costs and Expenses
Tax
Notices
Amendments
Severability
Counterparts
Entire Agreement
Confidentiality
Force Majeure
Assignment and Transfer
Third Party Rights
Waiver
Indemnification
Governing Law
Jurisdiction
Dispute Resolution
Regulatory Compliance
Registration
Stamp Duty
Continuing Effect
Successors and Assigns
Banking
Financial Services
Real Estate
Corporate Finance
Investment Management
Private Equity
Asset Management
Commercial Lending
Mortgage Banking
Debt Trading
Non-Banking Financial Companies (NBFCs)
Legal
Finance
Credit Risk
Compliance
Operations
Portfolio Management
Transaction Management
Corporate Finance
Loan Administration
Documentation
Risk Management
Legal Counsel
Finance Manager
Credit Manager
Loan Officer
Risk Manager
Compliance Officer
Portfolio Manager
Transaction Manager
Banking Operations Manager
Chief Financial Officer
Legal Director
Debt Recovery Officer
Investment Manager
Corporate Finance Manager
Documentation Specialist
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