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

Simple Agreement To Appoint A Manager (Solo Artist)

This legal template is a document that outlines a simple agreement under UK law between a solo artist and a manager. The template includes clauses that define the roles and responsibilities of both parties, as well as the terms and conditions of their working relationship. It covers key areas such as representation, financial arrangements, duration of the agreement, termination procedures, and dispute resolution mechanisms. This template aims to protect the interests of both the solo artist and the manager by providing a legally binding framework for their professional collaboration.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
0

Rent Deposit Deed (Held by Landlord For The Tenant)

The Rent Deposit Deed is a legal template that outlines the agreement and terms between the landlord and tenant regarding the deposit payment made by the tenant to secure a rental property in the United Kingdom. As per UK law, this template provides a standard framework for the landlord to hold the deposit on behalf of the tenant throughout the duration of the tenancy.

The Rent Deposit Deed incorporates essential details such as the address of the property, names and contact information of both parties, the agreed rental amount, and the amount of the deposit to be paid. It includes clauses about the purpose and use of the deposit, specifying that it is held as security against potential rent arrears, property damage, or any other breaches of the tenancy agreement by the tenant.

Furthermore, the template covers crucial provisions regarding the return of the deposit to the tenant, outlining the conditions and circumstances in which it will be refunded in full or partially retained by the landlord. It complies with the relevant regulations and requirements set out by UK law, ensuring fair and transparent handling of the deposit throughout the tenancy.

The Rent Deposit Deed may also include supplementary clauses related to the maintenance and repair responsibilities of both parties, the procedure for dispute resolution concerning the deposit, and any agreed deductions or fees that may be applicable upon the termination of the tenancy.

By utilizing this legal template, landlords and tenants can establish a clear understanding and agreement regarding the deposit payment, thereby enhancing the protection of both parties' rights and ensuring a fair and amicable tenancy experience under the legal framework of the UK.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
8
RATINGS
3
DISCUSSIONS
0

Standard Sales Agency Agreement (Goods)

The Standard Sales Agency Agreement (Goods) is a legal template designed to formalize the relationship between a sales agency and a principal under UK law. This agreement outlines the terms and conditions governing the sale of goods by the sales agency on behalf of the principal.

The template covers essential aspects such as the appointment of the sales agency, their responsibilities, and the rights and obligations of both parties. It defines the scope of the agreement, specifying the territories or markets in which the sales agency is authorized to sell the goods.

The agreement addresses the terms of payment, including commission rates and any additional expenses that the sales agency may be entitled to. It also includes provisions to safeguard the principal's interests, such as intellectual property rights protection, non-disclosure agreements, and non-compete clauses.

Furthermore, the agreement may cover performance expectations and targets, sales reporting requirements, product warranties, and procedures for resolving disputes. It may also address termination clauses, providing guidelines on both parties' rights and obligations in case the agreement is terminated before its expiration date.

The Standard Sales Agency Agreement (Goods) aims to establish a clear and mutually beneficial business relationship between the sales agency and the principal. By defining the rights and responsibilities of each party, it provides a solid legal framework to promote successful sales and protect the interests of both parties involved under the laws of the United Kingdom.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
4
DISCUSSIONS
0