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The Assignment of Purchase Order agreement is a crucial document used when a party holding a purchase order needs to transfer their rights and obligations to another party. This commonly occurs in situations involving supply chain financing, business restructuring, or project management requirements. Under Austrian law, such assignments must comply with the provisions of the ABGB (Austrian Civil Code) and UGB (Commercial Code), particularly regarding the transfer of rights and notice requirements. The document captures essential details including the original purchase order information, assignment terms, consideration, and any conditions precedent. It's particularly important in commercial transactions where companies need to maintain flexibility in their procurement arrangements while ensuring legal certainty for all parties involved.

1. Parties: Identification of the Assignor (current purchase order holder), Assignee (receiving party), and acknowledgment of the Original Purchaser

2. Background: Context of the assignment, including details of the original purchase order and reason for assignment

3. Definitions and Interpretation: Key terms used in the agreement, including 'Purchase Order', 'Assignment Date', 'Consideration', etc.

4. Assignment: Core terms of the assignment, specifically what rights and obligations are being transferred

5. Consideration: Details of payment or other consideration for the assignment

6. Effective Date: When the assignment becomes effective and any conditions precedent

7. Representations and Warranties: Assignor's representations regarding ownership, authority, and status of the purchase order

8. Notices: Requirements and procedures for notifying the Original Purchaser and other relevant parties

9. Further Assurances: Obligations to execute additional documents or take actions to perfect the assignment

10. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes