FOR VALUE RECEIVED, the receipt and sufficiency of which are hereby acknowledged, the undersigned _____________________, , “Assignor”, does hereby grant, bargain, sell, convey, warrant and assign unto __________________, “Assignee”, all its right, title and interest in and to that certain debt or Money due described as follows:
Describe Debt. For example, Open Account from__________ to___________ in the amount of Rs.______________due on the _____ day of _____ , 20____ , as evidence by the attached documents.]
This is a non-recourse assignment and it is the responsibility of the Assignee to collect. Assignor, however, warrants that the debt is a valid debt and will defend this warranty.
IN WITNESS WHEREOF, the undersigned has executed this assignment on this ________ day of _________________,20____ .