Debt Assignment Agreement Template for South Africa

1. Security: Required when the assigned debt includes any form of security or collateral

2. Conditions Precedent: Include when the assignment is subject to fulfillment of specific conditions

3. Further Assurance: Used when additional documentation or actions may be needed post-assignment

4. Anti-money Laundering Provisions: Required when dealing with regulated financial institutions

5. Confidentiality: Include when sensitive commercial information is involved

6. Partial Assignment: Required when only a portion of the debt is being assigned

7. Regulatory Compliance: Include when the assignment involves regulated entities or activities

1. Schedule 1 - Details of the Debt: Comprehensive details of the debt being assigned including amount, interest, and payment terms

2. Schedule 2 - Original Debt Agreement: Copy or details of the agreement that created the original debt

3. Schedule 3 - Security Documents: Details of any security or collateral associated with the debt

4. Schedule 4 - Payment Details: Bank account and payment information for settling the purchase price

5. Schedule 5 - Form of Notice to Debtor: Template for notifying the debtor of the assignment

6. Appendix A - Supporting Documents: Copies of relevant supporting documentation including statements and correspondence