Assignment Of Letter Of Credit

Letter No. [number] [date of issue]

From: [name and address of Beneficiary]

To: [name and address of Bank]

We, the undersigned, irrevocably assign and transfer all of our rights under this Credit to: [name and address of Assignee].

This Assignee has the sole rights as Beneficiary under this Letter of Credit.

Assignee is to be notified of this Transfer by you in any manner you deem proper.

We are responsible for the transfer commission of ---------- dollars ($----------), which is enclosed.

This Transfer becomes effective when you forward this enclosed Letter of Credit to Assignee, or otherwise notify him of the Transfer.



By: [signature]

[title of authorized officer]

Signature Authenticated


By: [signature]

[title of authorized officer]

Contract law requirements

Bankruptcy  Bill of Sale  Construction  Debt  Wills Rent  POA  Trademarks  Notes  How To Prepare Forms

AboutClausesContact UsDisclaimerLink to UsPrivacy PolicyTerms of Use

Twitter Share with Twitter Facebook Share with Facebook Google+ Share with Google+ LinkedIn Share with LinkedIn

© Business Associates Inc