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Assignment Deed

Security Interest

An assignment of security (agreements / contracts) as security to a Security Trustee for facilities loan given by a Lender/ Bank. Forms of notices to and acknowledgements by lenders / counterparties are also attached.

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The document should be signed by the authorised signatory (or directors of a company) and witnessed to complete the formality.

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Document Description

This Assignment Deed is a legal document that outlines the assignment of rights, title, and interest in a specific agreement from the assignor to the security trustee. The document begins with an interpretation section, defining key terms used throughout the deed. It then includes a covenant to pay, where the assignor agrees to pay all moneys and liabilities due to the security trustee. The deed also includes provisions for the assignment of the agreement, the charge of the account, representations and warranties, covenants and undertakings, default and remedies, appointment of a receiver, and other miscellaneous provisions. The deed also includes provisions for notices, the appointment of a process agent, and the governing law and jurisdiction. The document concludes with an execution page, where the parties involved sign and deliver the deed.

How to use this document?

To use this Assignment Deed, follow these steps:


1. Review the entire document to understand its contents and implications.

2. Make sure all parties involved in the assignment agree to the terms and conditions outlined in the deed.

3. Fill in the necessary information, such as the names and addresses of the assignor, security trustee, and other relevant parties.

4. Execute the deed by signing and delivering it as a deed.

5. Notify the relevant parties, such as the bank, of the assignment by sending them a notice of assignment.

6. Keep a copy of the executed deed and all related documents for future reference.

7. If any issues or disputes arise, consult legal counsel for guidance and resolution.

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