Common use of Perfection of Assignment Clause in Contracts

Perfection of Assignment. On the delivery date of each Assignment Deed, the Assignor will, at its own cost and expense, perform all acts and execute all documents so that the Assignment under each Assignment Deed constitutes a legal, valid, enforceable and binding obligation against the relevant Assigned Debtors and any third party in any jurisdiction to which the relevant Assigned Debtors are subject.