Assigns legal definition

A little about the essay
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'assign. Send us feedback. See more words from the same century. Accessed 27 Apr. More Definitions for assign. See the full definition for assign in the English Language Learners Dictionary.

Getting Rid of the “Successors and Assigns” Provision

Definition of and/or assigns | Legal Advice

Create higher quality contracts in record time by searching through millions of contracts from the best law firms. Subject to restrictions under applicable law, the Bank shall also obtain an undertaking to permit the Customer's independent public accountants reasonable access to the records of any Subcustodian which has physical possession of any Assets as may be required in connection with the examination of the Customer's books and records. This Agreement shall be binding upon and shall inure to the benefit of the Company, its Successors and Assigns and the Company shall require any Successors and Assigns to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. Successors and Assigns : This Agreement shall be binding on the successors and assigns of the parties. Consultant shall maintain an active City of Tracy Business License during the term of this Agreement. Section

heirs and assigns

To select for a duty or office; appoint: firefighters assigned to the city's industrial park. See Synonyms at appoint. To set apart for a particular purpose or place in a particular category; designate: assigned the new species to an existing genus.
This concept is used in both contract and property law. Under contract law, when one party assigns a contract , the assignment represents both: 1 an assignment of rights; and 2 a delegation of duties. There are a few notable rules regarding assignments under contract law. If the promised performance requires a rare genius or skill, then the delegee cannot delegate it to the obligor.

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