Can I read Deed of Assignment of Contract Proceeds on EtoBox?

Deed of Assignment of Contract Proceeds by shahirahmds is a document available to read on EtoBox.

What is Deed of Assignment of Contract Proceeds about?

This deed assigns the proceeds from contracts between an assignor and paying parties to a bank. The assignor covenants to pay debts to the bank arising from facilities provided. The bank is granted security over the contract proceeds and proceeds accounts, and powers on default. The assignment is intended to secure repayment of indebtedness under facilities provided by the bank.

Author

shahirahmds

Language

EN