Assignment Agreement Template - Sample Page 11
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21Subject to paragraphs 3(a) [and 3(b)] of this letter deed (the “Transfer Notice”),
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the terms of this Transfer Notice shall become effective on the date upon which
the Company serves the executed acknowledgement set out in the Annex to this
Transfer Notice (the “Acknowledgement”) on the Assignor or Assignee
(whichever date is later) in accordance with paragraph 10 (the “Effective Date”),
provided that paragraphs 4, 5(c), 8 to 16 inclusive of this Transfer Notice shall
become effective on the date of this Transfer Notice.
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Accordingly, we acknowledge that any assignment will not be valid and the
Special Administrators and the Company shall not be bound to recognise, nor to
deal with, the Assignee, in respect of such assignment, in substitution for and in
place of, the Assignor unless and until:
(a)
all applicable fees with regard to such assignment as set out on the website
, (the “Fees”) have been paid by way of
bank transfer to:
Barclays Bank plc
1 Churchill Place
London, E14 5HP
Sort code: 20-00-00
Account number: 13321142
IBAN: GB83BARC20000013321142
Account name: MF Global UK Limited (in special administration),
and evidence of the payment of such Fees has been provided with the submission
of this Transfer Notice; and
(b)
the Company executes the Acknowledgement and serves the same on the
Assignor and the Assignee in accordance with paragraphs 11 and 12.
Therefore, please acknowledge the Transfer Notice by signing and returning to
the Assignor and Assignee the Acknowledgement.
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If [(i) the Effective Date does not occur on or before [Assignor & Assignee to
insert date] (or such later date as may be agreed in writing between the Parties) or
(ii)] if the Special Administrators ultimately determine that the Assignor is a net
debtor of the Company, then this Transfer Notice shall lapse and the terms of this
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EUW_ACTIVE:38277121 763238.0003
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