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Notes A Deed of Acknowledgement of Debt is a legal document whereby the debtor/borrower acknowledges that they owe the lender money. The purpose of a debt acknowledgement deed is to provide to the lender with a document setting out an amount of outstanding debt, that the lender may rely on as evidence of an existing debt should any issues or disputes in respect of the debt arise. This document is a standard Deed used in cases where the debtor owes money to the lender arising out of a loan or supply of goods.

Notes:

1. This precedent is intended to act as a guide in drafting a Deed of Adherence by shareholders.

Notes: A Deed of Assignment of Trademark is a document through which the registered proprietor of a trademark transfers his/her/its rights, title and interest in the trademark to a third party. This gives the third party the right to use the trademark of the owner. Once the Deed of Assignment is done it is required to be registered with the Registrar of Trademarks. The difference between an assignment and a trademark is that a license allows the licensor to retain their rights and interests in their IP while an assignment transfer all of the assignor’s rights and interest to the assignee. This Deed is applicable in the following scenarios:

• where the assignment is absolute; and
• where the goodwill of the business is being assigned.

Notes: A Deed of Assignment of Trademark is a document through which the registered proprietor of a trademark transfers his/her/its rights, title and interest in the trademark to a third party. This gives the third party the right to use the trademark of the owner. Once the Deed of Assignment is done it is required to be registered with the Registrar of Trademarks. The difference between an assignment and a trademark is that a license allows the licensor to retain their rights and interests in their IP while an assignment transfer all of the assignor’s rights and interest to the assignee. This Deed is applicable in the following scenarios:

• where the assignment is absolute; and
• where the goodwill of the business is being assigned.

Notes:

1. This precedent is intended to act as a guide in drafting a Deed of Settlement for the repayment of loan.
2. It can be modified and amended from time to time depending on the terms and conditions agreed.