This document is a collateral assignment of intellectual property. It details the collateral assignment, the scope of the assignment, representations and warranties, default remedies, and all other aspects generally found in an assignment agreement.
North Dakota Collateral Assignment of Intellectual Property
State:
Multi-State
Control #:
US-TC0713
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Word;
PDF;
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Collateral assignment concerns allocating a property's ownership privileges, or a specific interest, to a lender as loan collateral. The lender retains a security interest in the asset until the borrower entirely settles the loan.
A collateral assignment of insurance is a conditional assignment appointing a lender as the primary beneficiary of a benefit to use as collateral for a loan. If the borrower is unable to pay, the lender can cash in the insurance policy and recover what is owed. Guidelines for Collateral Assignment of Life Insurance - Lions Financial lions.financial ? guidelines-for-collateral-assignme... lions.financial ? guidelines-for-collateral-assignme...
This Standard Document assigns to the construction lender as additional security the borrower's interest in construction contracts, including the architect's agreement and general contract, plans and specifications, permits, licenses, guaranties, warranties, entitlements, and other development related documents. Collateral Assignment of Contracts, Licenses, Permits, and Plans ... westlaw.com ? document ? Collateral... westlaw.com ? document ? Collateral...
An assignment of contract is a legal clause that allows for one party of a contract to transfer the rights, obligations, and responsibilities of that contract to another party. The party who is giving away the responsibility of the contract is the assignor and the party receiving is the assignee. Assignment of Contract | Overview & Types - Video & Lesson Transcript study.com ? academy ? lesson ? assignment-of-rig... study.com ? academy ? lesson ? assignment-of-rig...