tiktok³ÉÈ˰æ

Debt Assignment Agreement Template for Netherlands

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Debt Assignment Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Debt Assignment Agreement

"I need a Debt Assignment Agreement under Dutch law for transferring a €500,000 commercial loan from ABC Bank to XYZ Investment Fund, with completion planned for March 15, 2025, including provisions for existing security rights and GDPR compliance."

Document background
The Debt Assignment Agreement is a crucial legal instrument used in the Netherlands for transferring debt obligations from one party to another. It is commonly employed in debt restructuring, portfolio sales, or business reorganizations. The document must comply with Dutch law requirements, particularly the formal requirements for assignment (cessie) under the Dutch Civil Code Books 3 and 6. This agreement is essential when companies want to transfer receivables, during M&A transactions, or in debt trading scenarios. It includes comprehensive details about the debt being transferred, warranties about the debt's status, and necessary procedures for completing the transfer. The document ensures that all legal requirements for a valid assignment are met, including proper notification to the debtor when required under Dutch law.
Suggested Sections

1. Parties: Identification of the Assignor (current creditor), Assignee (new creditor), and acknowledgment by the Debtor if applicable

2. Background: Context of the original debt, relationship between parties, and reasons for the assignment

3. Definitions: Definitions of key terms used throughout the agreement, including 'Debt', 'Assignment Date', 'Original Agreement', etc.

4. Subject of Assignment: Detailed description of the debt being assigned, including amount, interest, and any special characteristics

5. Assignment: The formal assignment clause transferring all rights, title, and interest in the debt from Assignor to Assignee

6. Consideration: Details of the payment or other consideration for the assignment

7. Representations and Warranties: Assignor's warranties regarding ownership, right to assign, status of the debt, etc.

8. Completion Requirements: Actions required to complete the assignment, including notification to debtor and registration if necessary

9. Further Assurance: Obligations to execute additional documents or take further actions if needed

10. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

Optional Sections

1. Security Rights: Transfer of associated security rights, guarantees, or collateral - include when the debt is secured

2. Data Protection: GDPR compliance provisions - include when personal data is involved

3. Anti-Money Laundering: AML provisions - include when dealing with regulated entities or large sums

4. Costs and Expenses: Allocation of costs - include when significant transaction costs are involved

5. Partial Assignment: Provisions for partial assignment of debt - include when only part of a debt is being assigned

6. Multiple Debtors: Special provisions for multiple debtors - include when debt has joint or several debtors

7. Confidentiality: Confidentiality obligations - include for sensitive commercial arrangements

8. Tax Provisions: Tax-related provisions - include when tax implications are significant

Suggested Schedules

1. Schedule 1 - Details of the Debt: Comprehensive details of the debt being assigned, including payment history and current status

2. Schedule 2 - Original Debt Agreement: Copy of the original agreement creating the debt

3. Schedule 3 - Payment Details: Details of the consideration payment and bank account information

4. Schedule 4 - Form of Notice: Template for notification to the debtor about the assignment

5. Schedule 5 - Security Documents: Copies of any security documents, if applicable

6. Schedule 6 - Powers of Attorney: Any relevant powers of attorney for executing the assignment

7. Appendix A - Supporting Documents: Additional supporting documentation such as statements, correspondence, etc.

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

































Clauses






























Relevant Industries

Banking & Financial Services

Insurance

Commercial Real Estate

Investment Management

Private Equity

Corporate Finance

Debt Collection

Asset Management

Healthcare

Manufacturing

Retail

Professional Services

Relevant Teams

Legal

Finance

Treasury

Credit Management

Risk Management

Compliance

Corporate Finance

Debt Collection

Portfolio Management

Transaction Management

Investment

Operations

Relevant Roles

Legal Counsel

Finance Director

Credit Manager

Chief Financial Officer

Treasury Manager

Debt Collection Manager

Portfolio Manager

Risk Manager

Compliance Officer

Corporate Lawyer

Investment Manager

Transaction Manager

Account Manager

Financial Controller

Business Development Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Assignment And Transfer Agreement

A Dutch law-governed agreement facilitating the transfer of rights, assets, claims, or obligations from an assignor to an assignee.

find out more

Assignment Agreement

A Dutch law-governed agreement establishing the terms and conditions between a principal and an independent contractor, ensuring compliance with Dutch DBA legislation.

find out more

Real Estate Contract Assignment Agreement

A Dutch law-governed agreement that transfers rights and obligations under an existing real estate contract from one party to another, ensuring compliance with Dutch property law and registration requirements.

find out more

Employee Proprietary Information And Inventions Agreement

Dutch law-governed agreement protecting employer's IP rights, confidential information, and inventions in employment relationships.

find out more

Debt Assignment Agreement

Dutch law agreement for transferring debt rights and obligations from one party to another, complying with Dutch Civil Code requirements.

find out more

Assignment Of Service Contract

A Dutch law-governed agreement transferring an existing service contract from one provider to another, ensuring legal compliance and service continuity.

find out more

Security Assignment Agreement

A Dutch law-governed agreement creating security through the assignment of rights (such as receivables or contractual rights) from a security provider to a security taker.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.