Lorena: Thanks, I did check the glossary, but I was looking for more imput.
| Nov 15, 2015: | |
Nov 15, 2015: Assuming that your last sentence should read "I am led to believe this is a " and not , that's not how is used here in Chile. | |
(asker) Nov 15, 2015: | |
Nov 15, 2015: You seem to have overlooked the need to post the most important part of any Kudoz question: an extract from the source text, showing how the problem term is being used. All we have at the moment is a confused pile of bits 'n' pieces of Spanish and English, all mixed together, and no clear idea of: What word (or very short phrase) are you querying? What does the ST actually say?
And while you're posting that info, you might want to add the country of origin of the ST and the variety of Spanish needed in the translation. | |
(asker) Nov 15, 2015: ASSUMPTION, understood as "the substitution of one person or group by another in respect of a debt or insurance claim, accompanied by the transfer of any associated rights and duties" could also be considered as SUBROGATION. In such case, could this be an "ACUERDO DE SUBROGACION"? Thank you. | |
Proposed translations
![assignment and assumption agreement english law assignment and assumption agreement english law](https://d30v1l0pe4hkha.cloudfront.net/c44078ee38a6892fbb98b829afae30bd.jpg)
Acuerdo de Cesión y Aceptación
agree | : Yes (assuming Asker is in fact translating for Chile). |
| Gracias:-) |
agree | : Yes, saludos :-)//Got the joke! |
| Gracias, greetings :-))) Just doing my best to make a joke :-) |
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COMMENTS
An assignment and assumption agreement is used after a contract is signed, in order to transfer one of the contracting party's rights and obligations to a third party who was not originally a party to the contract. The party making the assignment is called the assignor, while the third party accepting the assignment is known as the assignee.
Also called an assignment and assumption. An agreement in which one party transfers its contractual rights and obligations to another party. For forms of assignment and assumption agreements for bank loans, see Standard Documents, Assignment and Assumption: Single Assignment of Loans and Assignment and Assumption: Multiple Assignments of Loans ...
ASSIGNMENT AND ASSUMPTION AGREEMENT & GUIDE Included: Overview Dos and Don'ts Checklist Assignment and Assumption Agreement Instructions ... • Section 10: Governing Law. Your original agreement probably includes a choice-of-law provision that governs what laws will be used to interpret it. If it does not, this section allows the parties to
Third-party: There can also be a third party who made the original agreement with the assignor. Uses of assignment agreements Asset purchase transactions During mergers and acquisitions, the parties typically enter into additional agreements that are accessory to the purchase contract to evidence the transfer of assets.Among these ancillary documents is the assignment and assumption agreement ...
Also called an assignment and assumption. An agreement in which one party transfers its contractual rights and obligations to another party. For forms of assignment and assumption agreements for bank loans, see Standard Documents, Assignment and Assumption: Single Assignment of Loans and Assignment and Assumption: Multiple Assignments of Loans ...
The key elements of the traditional English law novation agreement are that (i) there is, from and after the agreed effective time of the agreement, a ... Since it is clear that the standard US law assignment and assumption agreement results in the inclusion of a new party to the aircraft operating lease agreement and creates a new contractual duty
Assignment and Assumption Agreement. An assignment and assumption agreement used to transfer the seller's contractual rights and obligations to the buyer. This agreement is delivered as an ancillary document in an asset purchase. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.
An assignment and assumption agreement transfers one party's rights and obligations to a third party. The party making the assignment is called the assignor, while the third party accepting the assignment is known as the assignee. The assignor assigns their rights and duties under the contract to the assignee and the assignee accepts, or ...
An assignment and assumption agreement used to transfer the seller's contractual rights and obligations to the buyer. This agreement is delivered as an ancillary document in an asset purchase. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.
Assignments: The Basic Law. The assignment of a right or obligation is a common contractual event under the law and the right to assign (or prohibition against assignments) is found in the majority of agreements, leases and business structural documents created in the United States. As with many terms commonly used, people are familiar with the ...
Assignments and assumptions are part of contract law and refer to the transfer of someone's duties and benefits in a contract to another. Assignments and assumptions are common with respect to contracts for loans or leases. A lender or lessor may assign its rights to another lender or lessor, and a borrower or lessee may find someone to assume ...
In the following sample document, the underlying agreement being assigned is a commercial sale of goods contract. Accordingly, the agreement is subject to the Uniform Commercial Code - Sales (UCC) in lieu of ordinary rules on assignment and assumption. The principal governing provision is UCC § 2-210, which broadly reflects the common law.
An agreement to be used when a party transfers specified contracts to another party, including an assignment of all of its contractual rights and delegation of all its contractual duties. This resource contains provisions to incorporate an assumption of the delegated obligations, as well as an optional novation, into the assignment agreement.
An agreement to be used when a party transfers specified contracts to another party, including an assignment of all of its contractual rights and delegation of all of its contractual duties under New York law. This form contains provisions to incorporate an assumption of the delegated obligations and an optional novation into the assignment agreement.
THIS ASSIGNMENT AND ASSUMPTION AGREEMENT of the .space Registry Agreement ("Assignment and Assumption Agreement") is entered into as of May 7, 2021 (the "Effective Date") by and between DotSpace Inc., an International Business Company incorporated in the Republic of Seychelles ("Assignor") and Radix FZC, a Free Zone Company incorporated in Ras Al Khaimah, UAE ("Assignee").
An assignment and assumption agreement used to transfer the seller's contractual rights and obligations to the buyer. This agreement is delivered as an ancillary document in an asset purchase. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.
The parties to each assignment shall execute and deliver to the Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500, provided, however, that the Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it shall not be a Lender ...
Assignment and Assumption Agreement. This Assignment and Assumption (the "Assignment and Assumption") is dated as of the Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the "Assignor") and [Insert name of Assignee] (the "Assignee").Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement ...
About Practical Law. This document is from Thomson Reuters Practical Law, the legal know-how that goes beyond primary law and traditional legal research to give lawyers a better starting point. We provide standard documents, checklists, legal updates, how-to guides, and more. Learn more
View Variations. Assignment and Assumption. (a) Assignor hereby assigns to Assignee, and Assignee hereby assumes from Assignor, all of Assignor's rights and obligations as Secured Party under the Agreement. The assignment set forth in this Section 1 (a) shall be without recourse to or representation or warranty (except as expressly provided in ...
Assignment and Assumption Agreement means an Assignment and Assumption Agreement, substantially in the form of attached Exhibit C, under which an interest of a Lender hereunder is transferred to an Eligible Assignee pursuant to Section 9.06 (c). Sample 1 Sample 2 Sample 3. Based on 168 documents. Assignment and Assumption Agreement.
English to Spanish translations [PRO] Law/Patents - Law: Contract(s) / Assignment Agreement between food companies; English term or phrase: Assignment and ASSUMPTION Agreement: The "Assumption" part of the phase is what is not familiar to us. We are not familiar with the Spanish term "Acuerdo de Supuestos" or the like, thus we are not clear ...
Sample 1 See All ( 7) Assignment and Assumption Agreements. An assignment and assumption agreement substantially in the form attached hereto as Exhibit C (the "Assignment and Assumption Agreement") executed and acknowledged by the City: (i) conveying to SEARHC all of the City's right, title, and interest in, to and under the Assumed ...