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Deed of Assignment of Debt
Deed of Assignment of Debt
and
WITNESSETH
That said corporation has an outstanding obligation to the ASSIGNOR in the amount
of__________________;
That the ASSIGNOR, in turn, has an outstanding obligation to the ASSIGNEE, and in partial/full
payment and satisfaction thereof, the ASSIGNOR does hereby ASSIGN, TRANSFER, and
CONVEY unto the ASSIGNEE all its rights and interests in any and all amounts owing to it from
____________________;
That the ASSIGNEE does hereby accept this assignment as partial/full payment of the
ASSIGNOR’S outstanding obligation to the ASSIGNEE.
Assignor Assignee
By: By:
__________________________ _____________________________
______________________ ______________________
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in Manila, this ________________, personally
appeared the following persons who are personally known to me, and known to me to be the same
persons who executed the foregoing instrument, acknowledged to me that the same is his free and
voluntary act and deed as well as that of the corporations they each represent, exhibiting their
respective competent evidence of identities:
This instrument, a Deed of Assignment, consisting of two (2) pages, including this page
wherein this Acknowledgment is written, has been signed by the parties and their witnesses.
WITNESS MY HAND AND SEAL at the place and on the date first above written.