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What is Assignment of Contractual Position in Law about?
The assignment of contractual position allows one party in a contract to transfer its rights and obligations to a third party, provided that the other contracting party (the assigned debtor) gives its consent. The document defines the parties involved in the assignment - assignor, assignee, assigned debtor - and explains that the assignment requires the agreement of the assignor and assignee and the consent of the assigned debtor. Additionally, it summarizes the necessary conditions for a valid assignment a
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