This Cession of Agreements can be used where the rights and obligations under an agreement need to be ceded to another person. By signing this Cession of Agreements, the Cedent transfers to the Cessionary the right to claim money and any other benefits owed to the Cedent in terms of the Agreement/s.
The reasons for ceding an agreement are varied, and could include security for a debt, restructuring of an organisation, the transfer of a business, or the purchase of a debt.
The Cession can be printed onto two A4 pages.
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