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The Assignment & Assumptions Business/Services Section

Assignment by Vendor of Goods with Recourse

This is an assignment agreement whereby a party to an installment sales contract (the Assignor) assigns the contract to another party (the Assignee). Under this agreement, the Assignor gives the Assignee full recourse against the seller of the goods. This packet includes: (1) Information for Assignment by Vendor of Goods with Recourse (2) Assignment by Vendor of Goods with Recourse State Law Compliance: Designed for use in all states. Among others, this packet includes the following provisions:
  • Assignment
  • Warranties and Covenants
  • Waivers
  • Successor Interests

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  • Assignment of Franchise Agreement

    Assignment of franchise agreement as part of the sale of a franchised business. Includes numerous covenant and representation provisions.

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    Assignment of Purchase Order

    An Assignment of Purchase Order is an agreement where on party (the assignor) assigns his interests and rights in an agreement, in this case a purchase order, to another party (the assignee). The assignor will also make certain representations and warranties about the purchase order and his/her actions regarding the purchase order (e.g. deposits paids, etc.) up to that point.

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    Consent Agreement to an Assignment of Sales Agreement

    When a business is sold, often the agreements that the business has in place must be "assigned" to the new owner. Often these assignments must be consented to by the other party to these agreements. This consent is used in those cases where the original seller to a conditional sales agreement must consent to the assignment of the sales agreement.

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    Notice of Assignment of Account

    Notice to a payor on an account that the account has been assigned to another party (the assignee), and that payment should be made directly to the assignee.

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