The Assumption Agreement is a crucial document in Dutch contract law used when one party wishes to transfer its contractual position to another entity. This commonly occurs in corporate restructurings, mergers and acquisitions, or business succession planning. Under Dutch law (Burgerlijk Wetboek), such transfers require explicit consent from all parties involved and must comply with Article 6:159 regarding contractsoverneming (contract assumption). The agreement needs to clearly identify the original contract being transferred, specify which rights and obligations are being assumed, and establish the effective date of transfer. It may also address continuing obligations, warranties, and any conditions precedent to the transfer. This document is particularly important in ensuring a smooth transition of contractual relationships while maintaining legal certainty for all parties involved.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Original Contracting Party (Transferor), the Assuming Party (Transferee), and the Counterparty
2. Background: Context of the original agreement and the reason for the assumption
3. Definitions: Key terms including 'Original Agreement', 'Assumed Obligations', 'Effective Date', and other relevant definitions
4. Transfer and Assumption: Core provision detailing the transfer of rights and obligations from Transferor to Transferee
5. Consent of Counterparty: Express consent of the counterparty to the transfer of rights and obligations
6. Effective Date: Specification of when the assumption becomes effective
7. Representations and Warranties: Basic representations regarding authority, binding effect, and no conflicts
8. Release of Transferor: Terms specifying the extent to which the original party is released from obligations
9. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes
10. Counterparts and Execution: Provisions for signing and executing the agreement
1. Consideration: Required if there is payment or other consideration for the assumption
2. Partial Assumption: Used when only certain rights and obligations are being transferred rather than the entire agreement
3. Conditions Precedent: Include when the assumption is subject to certain conditions being met
4. Post-Transfer Obligations: Special obligations or transitional arrangements after the transfer
5. Tax Provisions: Include when there are specific tax implications that need to be addressed
6. Continuing Obligations: Used when the transferor retains certain obligations or liabilities
7. Data Protection: Required when personal data processing is involved in the transfer
1. Original Agreement: Copy of the agreement being assumed
2. Specific Rights and Obligations: Detailed list of rights and obligations being transferred (especially for partial assumptions)
3. Required Consents: List of third-party consents obtained or required
4. Transfer Documents: Any additional documents required to effect the transfer under Dutch law
5. Outstanding Obligations: Schedule of any outstanding obligations under the Original Agreement
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Real Estate
Construction
Manufacturing
Technology
Energy
Healthcare
Telecommunications
Professional Services
Retail
Transportation and Logistics
Insurance
Relevant Teams
Legal
Compliance
Corporate Development
Mergers & Acquisitions
Risk Management
Business Development
Contract Administration
Corporate Secretariat
Operations
Relevant Roles
Legal Counsel
Contract Manager
Corporate Lawyer
Compliance Officer
Business Development Manager
Chief Legal Officer
General Counsel
Transaction Manager
M&A Manager
Risk Manager
Company Secretary
Legal Operations Manager
Find the exact document you need
Invention Agreement
Dutch law-governed agreement establishing invention ownership rights and obligations between inventors and organizations.
find out more
Assignment Of Rights And Obligations Under A Contract
A Dutch law-governed agreement for transferring contractual rights and obligations from one party to another, ensuring legal compliance with the Dutch Civil Code.
find out more
Assignment And Assumption Agreement Form
A Dutch law-governed agreement facilitating the transfer of contractual rights and obligations from one party to another, ensuring legal compliance and protecting all parties' interests.
find out more
Copyright Transfer Agreement Form
A Dutch law-governed agreement that facilitates the formal transfer of copyright ownership from one party to another, ensuring compliance with the Dutch Copyright Act and Civil Code.
find out more
Transfer Of Copyright Form
A Dutch law-compliant document for transferring copyright ownership between parties, structured according to the Auteurswet requirements.
find out more
Real Estate Contract Assignment Form
A Dutch law-governed document facilitating the transfer of rights and obligations under an existing real estate contract, requiring notarial execution.
find out more
IP Assignment Contract
A Dutch law-governed agreement for transferring intellectual property rights from an assignor to an assignee, ensuring compliant and complete transfer of IP ownership.
find out more
Proprietary Rights Assignment Agreement
Dutch law-governed agreement for transferring intellectual property and proprietary rights between parties, ensuring legally compliant assignment of ownership.
find out more
Assignment Of License Agreement
A Dutch law-governed agreement transferring rights and obligations under an existing license from current holder to new holder, with original licensor's consent.
find out more
Assignment Of Intellectual Property Rights
Dutch law-governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance and comprehensive IP protection.
find out more
Transfer Intellectual Property Rights Agreement
Dutch law-governed agreement for transferring intellectual property rights between parties, including patents, copyrights, trademarks, and related IP assets.
find out more
Assignment Agreement For Flat
A Dutch law-governed agreement for transferring rights and obligations related to a flat from an Assignor to an Assignee, including all necessary property transfer provisions and registration requirements.
find out more
Pre Invention Assignment Agreement
Dutch law-governed agreement establishing employer ownership of employee inventions created during employment, ensuring compliance with Dutch IP and employment legislation.
find out more
Invention Assignment Agreement
A Dutch law agreement establishing ownership and rights over employee/contractor inventions, ensuring compliance with Dutch patent and employment laws.
find out more
Domain Name Assignment Agreement
A Dutch law agreement facilitating the transfer of domain name ownership rights from one party to another, including technical and legal requirements for the transfer.
find out more
Debt Assumption Agreement
A Dutch law-governed agreement where one party assumes the debt obligations of another party, with creditor consent, under Articles 6:155-6:158 of the Dutch Civil Code.
find out more
Assignment Of Security Agreement
A Dutch law document that transfers security rights and related interests from an Assignor to an Assignee, complying with Dutch Civil Code requirements.
find out more
Assignment Of Management Agreement
A Dutch law agreement transferring management service rights and obligations from one provider to another, ensuring service continuity and legal compliance.
find out more
Assignment Of Limited Partnership Interest
Dutch law agreement for transferring limited partnership interests, complying with Dutch Civil and Commercial Code requirements.
find out more
Assignment Of Debt Agreement
A Dutch law agreement facilitating the transfer of debt obligations from one party to another, complying with Dutch Civil Code requirements for valid assignment (cessie).
find out more
Assignment And Agreement Form
A Dutch law-compliant agreement that facilitates the formal transfer or assignment of rights, obligations, or duties between parties, with comprehensive terms and conditions.
find out more
Assignment And Amendment Agreement
Dutch law agreement facilitating both contract assignment and amendments, enabling transfer of rights/obligations while updating original agreement terms.
find out more
Assignment Of Interest Agreement
A Dutch law-governed agreement facilitating the transfer of rights, interests, or obligations from an Assignor to an Assignee.
find out more
Intercompany Assignment Agreement
Dutch law-governed agreement for temporary employee assignments between group companies, maintaining employment with the original employer while establishing terms for host company placement.
find out more
Assignment Of Patent Rights Agreement
A Dutch law-governed agreement for transferring patent rights from an assignor to an assignee, ensuring compliance with the Rijksoctrooiwet and Burgerlijk Wetboek.
find out more
Assignment Of Receivables Agreement
A Dutch law agreement governing the transfer of receivables from an Assignor to an Assignee, compliant with the Dutch Civil Code requirements for valid assignment.
find out more
Copyright Assignment Contract
A Dutch law-governed agreement for the transfer of copyright ownership from one party to another, compliant with the Dutch Copyright Act and Civil Code.
find out more
Assignment Employment Contract
A Dutch law-governed employment contract for assigning employees to work at client organizations, establishing terms and conditions compliant with Dutch employment legislation.
find out more
Assignment Of Purchase Agreement
A Dutch law-governed document that transfers rights and obligations under an existing purchase agreement from one party to another, structured according to the Dutch Civil Code.
find out more
Assignment Of Payment Agreement
A Dutch law-governed agreement transferring payment rights from an assignor to an assignee, including terms of transfer and notification requirements.
find out more
Assignment Of Employment Agreement
A Dutch law document that facilitates the legal transfer of an employment agreement from one employer to another, ensuring compliance with Dutch employment regulations and protecting all parties' interests.
find out more
Assignment Of Inventions Agreement
A Dutch law agreement transferring invention rights from inventor to assignee, including all related intellectual property rights and technical documentation.
find out more
Assignment And Novation Agreement
A Dutch law agreement enabling the transfer of contractual rights and obligations from one party to another, with the original counterparty's consent.
find out more
Proprietary Information And Inventions Agreement
A Dutch law-governed agreement protecting company intellectual property and confidential information while ensuring compliance with Netherlands employment and IP legislation.
find out more
Confidential Information And Invention Assignment Agreement
Dutch law agreement for protecting confidential information and assigning intellectual property rights from employees/contractors to the company.
find out more
Debt Transfer Agreement
A Dutch law agreement facilitating the transfer of debt obligations from one debtor to another, requiring creditor consent and documenting transfer terms.
find out more
Transfer Of Copyright Agreement
A Dutch law-governed agreement facilitating the complete transfer of copyright ownership from one party to another, in compliance with the Dutch Copyright Act.
find out more
Assignment Of Claim Agreement
A Dutch law agreement transferring a right to claim from one party to another, requiring specific formalities under the Dutch Civil Code.
find out more
Trademark Assignment Agreement
A Dutch law agreement transferring ownership of trademark(s) from one party to another, compliant with Benelux trademark regulations.
find out more
Assignment Of Proceeds Agreement
A Dutch law-governed agreement facilitating the transfer of payment rights or receivables from an assignor to an assignee, complying with Dutch Civil Code requirements.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)