Legal Due Diligence · glossary
Transferring a contract, or the rights under it, to someone else. Many contracts forbid it or need consent. On a share deal the same company stays the party, so a ban on assignment generally does not apply, but on an asset deal it decides everything. Chapter 7
Explained in Chapter 7, Material Contracts, of Legal Due Diligence.
The main page for this term is Assignment, in Finance Deals & Syndicated Lending.
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