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General Assignment of Accounts by a debtor in favour of a creditor as collateral security for such debts.
Details:
General Assignment of Accounts by a debtor in favour of a creditor as collateral security for such debts.
Form Outline:
General Assignment of Accounts Receivable As Security
1. For valuable consideration the undersigned hereby assigns and transfers to Name of Assignee...
2. The Assignee may collect, realize, sell or otherwise deal with...
3. The Assignee shall not be liable or accountable for...
4. The Assignee may grant...
5. All moneys collected or received by the undersigned...
6. All moneys collected or received...
7. The undersigned shall from time to time forthwith on request...
8. The undersigned shall from time to time forthwith on the Assignee's request do...
9. The provisions hereof shall enure...
WITNESS the hand and seal of the undersigned this Date of Assignment.
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Witness |
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Name of Assignor (Person making Assignment) |
Borrowing & Lending Forms
