Commercial Loan

About this category:

A commercial loan document is a legally binding agreement between a lender and a borrower that outlines the terms and conditions of a loan.

Templates in this category:

Workplace Drug Testing Policy (Texas)

This legal template likely provides guidelines and regulations for companies in Texas to implement drug testing policies in the workplace. It may cover procedures, rights, consent, consequences, and other related aspects to ensure a safe and drug-free work environment.

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FINRA Broker-Dealer template Procedures: Outside Business Activities of Associated Persons (FINRA Rule 3270)

The legal template is a document that outlines the procedures for outside business activities of associated persons in a broker-dealer regulated by FINRA (Financial Industry Regulatory Authority). It addresses compliance with FINRA Rule 3270, which governs such activities under USA law.

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Contract sub-type

FINRA

Use this template

Unsecured Credit Agreement (Genie AI)

This legal template is likely a form or contract that outlines the terms and conditions for an unsecured credit agreement between a lender and a borrower, with the assistance of Genie AI technology.

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4

Minutes of Board of Managers (Lending): Subsidiary Guarantor (LLC)

This legal template refers to the minutes of a board of managers meeting for a lending company. It specifically discusses the role of a subsidiary guarantor, which is an LLC that provides a guarantee for the obligations of the parent company or borrower. The minutes may cover topics such as the approval of the subsidiary's guarantee, its obligations, and any related discussions by the board members.

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2

Proof of Claim Form: Quick Reference Guide

This legal template provides a concise and easy-to-follow reference guide for filling out a Proof of Claim Form, ensuring individuals have the necessary information and instructions to accurately complete the form for a legal claim or bankruptcy case.

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Senior Secured Bilateral Loan Term Sheet

This legal template could be a document outlining the terms and conditions of a senior secured bilateral loan. It may include details such as loan amount, interest rate, repayment terms, collateral, and other relevant provisions.

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6

Allonge to Promissory Note (Commercial Property Loan) (Texas)

This legal template is a document relating to a promissory note for a commercial property loan in the state of Texas, as governed by the laws of the United States of America. It likely contains provisions for amending or extending the terms of the loan agreement.

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Due Diligence Request List: Private Mergers & Acquisitions

This legal template is a comprehensive list of due diligence requests used in private mergers & acquisitions. It is specifically tailored for transactions falling under USA law, helping ensure a thorough examination of relevant information, documents, and contracts.

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Operating Contract (Single Member) (Arizona)

This legal template likely refers to a contract that outlines the terms and conditions for operating a business as a single member in the state of Arizona. It would cover various aspects such as management, ownership, capital contributions, profit distribution, and other important provisions relating to the operation of the business.

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Stipulation to Extend Time (New York)

This legal template could be a document used in New York to request an extension of time for a particular legal matter, such as filing a document, responding to a motion, or completing certain tasks outlined in a previous agreement.

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Forbearance Contract (Commercial Property Loan) (Pre-Workout) (Florida)

This legal template is likely a document outlining the terms and conditions for a forbearance agreement between a lender and a borrower for a commercial property loan. It is specifically tailored for use in Florida and is governed by the laws of the United States. The agreement may be entered into before any formal workout or restructuring activities begin.

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Sight Draft For Standby Letter of Credit

This legal template outlines the details and terms surrounding a sight draft for a standby letter of credit. It specifies the conditions under which payment can be made and serves as a legal document for the involved parties to refer to during the transaction process.

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Term Loan Facility Agreement (Genie AI)

The Term Loan Facility Agreement (Genie AI) is a legal template that outlines the terms and conditions for a loan facility that includes a fixed repayment period and interest rate. It serves as a formal agreement between the lender and borrower, specifying the rights and obligations of both parties.

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Discharge of Mortgage (Commercial Property Loan) (Massachusetts)

This legal template is designed to facilitate the process of discharging a mortgage for a commercial property loan in Massachusetts, in accordance with the laws of the United States.

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Loan Contract Amendment

This legal template is designed for modifying or amending an existing loan contract under the jurisdiction of United States law. It provides a standardized format for making changes to the terms and conditions of the loan agreement.

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Certificate of Merger (New York): LLCs (Surviving NY LLC)

This legal template is a Certificate of Merger designed for LLCs (Limited Liability Companies) in the State of New York, operating under the jurisdiction of United States law. It is used to document the merger process and establish the surviving LLC entity.

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5

Workplace Drug Testing Consent Form (Minnesota)

This legal template could be a consent form that employers in Minnesota use to obtain permission from employees for drug testing within the workplace.

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4

Loan Purchase Agreement (Genie AI)

This legal template outlines the terms and conditions for the purchase of a loan under USA law. It covers important aspects such as payment obligations, transfer of rights, warranties, and dispute resolution.

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Written Consent of Shareholders (Tennessee)

This legal template is likely a document that outlines the process and format for obtaining written consent from shareholders in the state of Tennessee. It may include instructions on how to draft and execute the consent document, requirements for shareholder participation, and the legal consequences of providing written consent.

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Answer (Massachusetts)

This legal template could likely be a document or form used to provide an answer to a legal complaint or lawsuit filed in Massachusetts, under the jurisdiction of United States law. It could outline the defendant's response and defenses to the allegations made in the original complaint.

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Shareholder Meeting Minutes: Approving Dissolution (Ohio)

This legal template pertains to documenting the minutes of a shareholder meeting in Ohio where the approval of dissolution of the company is discussed and finalized.

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Option Contract (Commercial Property) (Georgia)

This legal template could be a contract designed for commercial property transactions in the state of Georgia, allowing parties to engage in an agreement to purchase or lease a property at a later date, granting the option holder the choice to proceed with the transaction or not.

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Quitclaim Deed of Release (Commercial Property Loan) (Georgia)

This legal template likely pertains to the release of a commercial property loan in the state of Georgia under the jurisdiction of United States law. It specifically involves a Quitclaim Deed, which is a legal document used to transfer ownership interest in a property, thereby releasing the lender's claim on the property.

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Security Interest Agreement (Genie AI)

This legal template likely pertains to an agreement regarding a security interest, possibly involving the use of artificial intelligence technology provided by Genie AI. It may cover aspects such as securing assets, granting rights, and outlining terms and conditions related to the use of the AI technology.

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Company Letter of Transmittal for Shares Certificates: Public Equity Offerings

This legal template may be a document used by a company to transmit share certificates to shareholders during a public equity offering in compliance with USA laws and regulations.

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Equipment Finance Agreement (Genie AI)

This legal template outlines the terms and conditions for an equipment finance agreement facilitated by Genie AI, operating under the jurisdiction of USA law. The document provides a framework for financing equipment purchases, including the obligations and rights of both parties involved in the agreement.

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Anti-Steering Loan Options Disclosure

This legal template provides a disclosure document to be used in the USA regarding various loan options and the prohibition of anti-steering practices by lenders. It aims to ensure transparency and protect borrowers from discriminatory or unfair practices.

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Guaranty of Nonrecourse Carveout Obligations (Pennsylvania)

This legal template outlines the guaranty agreement for nonrecourse carveout obligations specific to Pennsylvania, providing protection and ensuring responsibility for certain liabilities in a non-recourse loan.

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Memorandum to Board: Gender Diversity in Boardroom

This legal template could be a memorandum to the board of a company regarding the importance and requirements of gender diversity in the boardroom, specifically under United States law. It may provide guidance and recommendations on measures to promote gender equality and inclusion at the highest level of corporate decision-making.

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COBRA Obligations in M&A Charts

This legal template provides a comprehensive overview and charts of the Consolidated Omnibus Budget Reconciliation Act (COBRA) obligations that need to be considered during mergers and acquisitions (M&A) under United States law. It outlines the rights and responsibilities relating to continuation of health coverage for employees and their dependents after the occurrence of a qualifying event.

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Closing Checklist: Public Equity Offerings (Non-Shelf Offerings)

This legal template provides a closing checklist specifically for public equity offerings under USA law, excluding shelf offerings. It outlines the necessary steps and requirements to successfully complete the offering process within a concise and organized framework.

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Assignment of Mortgage (Commercial Property Loan) (Massachusetts)

This legal template focuses on the transfer of a commercial property loan mortgage in Massachusetts, United States, under USA law. It outlines the process and requirements for assigning the rights and responsibilities of the mortgage from one party to another.

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Attorney's Certification of Title (Residential) (Massachusetts)

This legal template is a certification of title for residential properties in Massachusetts under USA law. It is likely used by attorneys to verify and confirm the ownership and legal status of a residential property during real estate transactions or legal disputes.

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Standby Letter of Credit Reimbursement Contract

This legal template could be a contract that outlines the terms and conditions under which a standby letter of credit will be reimbursed to a beneficiary by the issuer. It may include provisions related to payment details, conditions triggering reimbursement, and dispute resolution mechanisms.

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Continuing Obligations Letter to New Employer

This legal template is a letter addressed to a newly hired employee's former employer. It outlines the employee's legal obligations regarding non-disclosure, non-compete, and non-solicitation agreements as they transition to a new job in the United States.

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Workplace Drug Testing Consent Form (Missouri)

This legal template is a consent form for employees to voluntarily undergo drug testing in the workplace in the state of Missouri. It outlines the purpose, procedures, and rights of individuals involved, ensuring compliance with local laws and regulations.

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Pre-Negotiation Letter for a Commercial Property Loan

This legal template is a pre-negotiation letter intended for a commercial property loan. It could outline terms and conditions, discuss loan amount, interest rate, repayment schedule, and other key elements to be considered before initiating formal negotiations for securing a loan for commercial property purposes.

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Loan Brokerage Agreement (Genie AI)

This legal template is a Loan Brokerage Agreement designed for use in the United States, specifically drafted to cater to the needs of Genie AI. It establishes the legal framework and terms of engagement between a loan broker and Genie AI, ensuring compliance with US laws.

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Motion: Approve Section 363 Sale (Delaware)

This legal template is likely a motion filed in a Delaware court to seek approval for a Section 363 Sale. This section refers to the sale of assets in a bankruptcy case, and the motion aims to obtain the court's permission for the sale to take place.

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Assignment and Assumption of Contracts, Warranties, Permits, and Licenses (Commercial Property Purchase and Sale)

This legal template is a document that outlines the assignment and assumption of contracts, warranties, permits, and licenses in a commercial property purchase and sale transaction, all in accordance with USA law. It ensures a smooth transfer of these legal obligations from the seller to the buyer.

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TTAB: Reliance on Discovery Responses or Disclosures Notice

This legal template is likely a notice document used in the context of the Trademark Trial and Appeal Board (TTAB). It pertains to a situation where reliance on previously provided discovery responses or disclosures is being acknowledged or challenged by one party to another.

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H-1B Petition Support Letter

This legal template is a support letter for an H-1B petition, typically used by employers to request the sponsorship of a foreign worker for temporary employment in the United States under the H-1B visa program.

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Bring Your Own Device to Work (BYOD) Policy (California)

This legal template outlines the guidelines and regulations for employees in California who choose to bring their personal devices to work, ensuring compliance with USA law. It covers usage, security, privacy, and liability aspects related to the Bring Your Own Device (BYOD) policy implementation.

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Proposed Order Approving Procedures For Section 363 Sale (Delaware)

This legal template is likely a document outlining the procedures and requirements for approving a Section 363 sale in Delaware, which is a sale of assets under the U.S. Bankruptcy Code. It may include provisions related to bidding, notice, sale approval, and other relevant aspects to ensure a fair and lawful transaction.

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Chapter 11 Proposed Interim Order Approving Customer Programs Motion (SDNY)

This legal template is likely a document related to a Chapter 11 bankruptcy case filed in the Southern District of New York (SDNY) under US law. It pertains to a motion seeking approval for customer programs during the interim period.

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Time of the Essence Notice (Purchaser-friendly) (New York)

This legal template serves as a notice to the seller that the purchaser considers time to be crucial in the completion of a transaction in New York, emphasizing the importance of timely performance.

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Certification: Motion to Compel Discovery (New Jersey)

This legal template is a certification of a motion to compel discovery, specifically in the context of New Jersey under USA law. It likely includes formal documentation and arguments to request the court's intervention in compelling the opposing party to provide requested discovery materials.

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Assignment of Deed of Trust (Commercial Property Loan) (Texas)

This legal template is a document used to transfer the rights and obligations of a commercial property loan in Texas, under the laws of the United States. It involves the assignment of a Deed of Trust, which is a legal agreement securing the loan with the property as collateral.

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Securities Lending Agreement (Genie AI)

This legal template could be about a securities lending agreement, specifically tailored for the use of Genie AI, an artificial intelligence platform. The template could outline the terms and conditions for borrowing and lending securities, including details such as duration, fees, terms of collateral, and responsibilities of both parties involved.

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Non-Negotiable Demand Note

This legal template is a written document that outlines a financial demand made by one party to another under United States law. It serves as a non-negotiable instrument specifying payment terms and conditions, making it legally binding upon the recipient.

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Environmental Indemnity Contract (Lender-friendly) (New York)

This legal template is a contract designed to protect lenders in environmental liability situations in the state of New York, under the jurisdiction of USA law. It ensures that the borrower assumes responsibility for any environmental damages or claims that may arise during or after their use of the property.

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Loan Guarantee Agreement (Genie AI)

This legal template is a Loan Guarantee Agreement designed by Genie AI, specifically tailored to comply with USA law. This document outlines the terms and conditions for a loan guarantee, providing legal protection and responsibilities for both the lender and the guarantor.

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Full Guaranty of Office Lease

This legal template is a document that outlines the full guaranty of an office lease. It specifies the terms and conditions by which a guarantor guarantees payment and performance of the lease terms on behalf of the lessee.

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Intercreditor Deed (Genie AI)

This legal template refers to an Intercreditor Deed under USA law, which outlines the agreement and priority of rights between different creditors in cases of liquidation, bankruptcy, or default. It addresses the distribution of proceeds among creditors and sets the terms for cooperation and coordination between them.

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Purchase and Sale Contract (Commercial Property) (Purchaser-friendly Long Form) (Texas)

This legal template is a detailed Purchase and Sale Contract specifically designed for commercial properties in Texas, with a focus on protecting the interests of the purchaser. It covers important aspects of the transaction, such as terms, conditions, warranties, and contingencies involved in the sale of the property.

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Vacating Guaranty of Office Lease

This legal template is about a document that releases a guarantor from their obligation to pay rent or fulfill any other obligations under an office lease, thus terminating their responsibility and liability.

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US Mediator Retainer Contract

The US Mediator Retainer Contract is a legal template that outlines the terms and conditions between a mediator and a client in the United States. It covers the mediator's responsibilities, scope of work, fees, termination rights, and confidentiality agreements.

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API License Contract (Clickwrap)

This legal template outlines the terms and conditions for granting a license to use an API (Application Programming Interface) under USA law. It incorporates a clickwrap agreement, which typically requires users to agree to the terms by clicking a button or checking a box before accessing the API.

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Assignment and Assumption of Contracts, Warranties, Permits, and Licenses (Commercial Property Purchase and Sale) (Massachusetts)

This legal template outlines the process of transferring contracts, warranties, permits, and licenses related to a commercial property purchase and sale transaction in Massachusetts, following USA law.

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Letter Of Credit Facility Agreement (Genie AI)

This legal template is a Letter of Credit Facility Agreement specifically designed for use under USA law. It outlines the terms and conditions for providing credit facilities through a letter of credit arrangement.

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Manager Written Consent Template (Tennessee)

This legal template likely refers to a document that outlines the agreement and consent given by a manager or supervisor in Tennessee, USA, for certain actions or decisions. It could cover various aspects such as employment matters, business operations, or organizational changes.

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Split Dollar Agreement (Genie AI)

A Split Dollar Agreement (Genie AI) is a legal template that outlines the terms and conditions between two parties for sharing the costs, benefits, and ownership of a life insurance policy. This document provides clarity and protection for both parties involved in the arrangement.

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Deferred Shares Unit Contract (Non-Employee Directors)

This legal template outlines a contract for the issuance and ownership of deferred shares units to non-employee directors in the United States. It covers the terms and conditions, rights, and obligations related to the deferred shares units.

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Master Loan Agreement (Genie AI)

This legal template is a pre-established agreement between a lender and borrower in the United States, specifically tailored to be used with Genie AI technology. It outlines the terms and conditions of a loan relationship, providing a solid foundation to ensure both parties are legally protected.

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Regulations (Ohio)

This legal template likely provides a comprehensive guide or set of rules regarding regulations specific to the state of Ohio. It is designed to comply with the overarching laws of the United States, ensuring clarity and adherence to legal requirements within the state.

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Proposed Order Approving Section 363 Sale (Delaware)

This legal template is a document proposing the approval of a section 363 sale in Delaware. It likely includes details about the sale, such as the parties involved, assets being sold, and the need for court approval.

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Independent Contractor/Consultant Contract (Client-friendly) (Georgia)

This legal template pertains to a contract between a client and an independent contractor/consultant in the state of Georgia. The document is designed to be client-friendly and covers various aspects such as scope of work, compensation, and confidentiality.

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Cloud Services Contract (Clickwrap)

This legal template could be a contract that outlines the terms and conditions for cloud services under the clickwrap agreement model. It would specifically be designed to comply with USA law and regulate the relationship between the provider and the user of cloud services.

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Holdback Escrow Contract (Commercial Property Acquisition)

This legal template is likely a contract that establishes an escrow arrangement for a holdback amount in a commercial property acquisition. It outlines the conditions and terms for releasing the holdback funds after the completion of certain requirements or contingencies.

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Bylaws (Massachusetts)

This legal template pertains to the bylaws of an organization in the state of Massachusetts, governed by the laws of the United States. It outlines the rules and regulations for the organization's internal operations, ensuring compliance with state and federal laws.

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HSR Form: Withdrawal and Intent to Refile Notice

This legal template is used to submit a notice of withdrawal and intent to refile for a merger or acquisition transaction under the Hart-Scott-Rodino (HSR) Act, indicating the parties' decision to terminate the current filing and resubmit it at a later time.

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Operating Contract (Single Member) (California)

This legal template likely pertains to a contract agreement for an operating business in California with a single member or owner. It may cover various aspects such as ownership, management, and operational guidelines specific to California's legal requirements.

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Workplace Health and Safety Policy (Ohio)

This legal template outlines the guidelines and regulations employers in Ohio must adhere to in order to ensure a safe and healthy work environment for their employees. It covers topics such as hazard assessments, safety training, emergency procedures, and employee rights.

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Certification: Motion to Extend Discovery (New Jersey)

This legal template is a document used in the state of New Jersey under USA law. It is a certification and motion seeking an extension of the discovery period in a legal case.

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Seller's Affidavit (Massachusetts)

This legal template is likely about a Seller's Affidavit specific to the state of Massachusetts. It could pertain to a sworn statement made by a seller in a real estate transaction, confirming the accuracy and completeness of information regarding the property being sold.

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6

Antitrust Merger Analysis Information Request: Manufacturing

This legal template could be a document designed to request information related to antitrust merger analysis in the manufacturing sector under USA law. It may outline the specific details and requirements for gathering relevant data and documentation regarding a merger or acquisition in order to assess its potential impact on competition in the market.

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Workplace Drug Testing Consent Form (Massachusetts)

This legal template is a consent form for workplace drug testing in the state of Massachusetts, outlining the employee's agreement to undergo drug testing to maintain a safe and drug-free workplace environment.

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Environmental Indemnity Contract (Lender-friendly) (Georgia)

This legal template is an Environmental Indemnity Contract specifically designed for lenders in Georgia under USA law. It likely outlines the terms and conditions for protecting the lender from any environmental liabilities associated with a loan or mortgage transaction.

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Distribution Contract (Seller-friendly, Simple) (California)

This legal template is a seller-friendly and simple distribution contract specifically tailored for use in California under USA law. It likely covers the terms and conditions governing the distribution agreement between a company or individual selling products and a distributor. The template could include provisions related to pricing, payment terms, territory, exclusivity, intellectual property rights, termination, and other relevant matters.

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Civil Appeals in New York: Settlement of Transcript Notice

This legal template could be about the process and requirements for settling a transcript notice in civil appeals under USA law specifically in New York. It may outline the steps involved, the parties involved, and any necessary documentation or agreements needed to resolve the transcript notice.

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Assignment and Assumption of Leases (Commercial Property Purchase and Sale) (Pennsylvania)

This legal template outlines the process of transferring lease agreements from the seller to the buyer in a commercial property transaction, specifically in Pennsylvania, according to the laws of the United States.

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Revocable Trust for Individual with Spouse or Partner: Separate Share Trusts for Children (New Jersey)

This legal template likely pertains to the creation of a revocable trust in New Jersey for an individual with a spouse or partner. It may outline the provisions for separate share trusts for their children, allowing them to distribute assets according to their wishes while maintaining control over the trust.

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Pledge and Security Contract (Mezzanine Loan) (Delaware)

This legal template is likely a contract specific to Delaware that establishes a pledge and security agreement for a mezzanine loan. It outlines the terms and conditions of the loan, including the collateral pledged as security, to protect the lender's interests in case of default.

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Bylaws (Maryland)

This legal template provides a concise and comprehensive set of bylaws specifically tailored for organizations operating in the state of Maryland, adhering to the legal framework of the United States of America.

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Affirmation Supporting Pro Hac Vice Motion (NY)

This legal template is a support document to file a Pro Hac Vice Motion in the state of New York, in the United States, providing an affirmation that supports the admission of an out-of-state attorney to temporarily practice law in a specific case.

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Equity Incentive Plan (Public Company)

This legal template outlines the provisions and terms of an Equity Incentive Plan specific to public companies in compliance with USA law. It addresses the issuance, vesting, and exercise of equity-based incentives such as stock options, restricted stock units, and performance-based awards for eligible employees.

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Cross-Receipt: Public Debt Offerings

This legal template is designed to provide a framework for documenting public debt offerings in accordance with the laws and regulations of the United States. It aims to ensure proper receipt and acknowledgement of payments made in relation to the debt offering.

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Confidentiality Contract (Asset Purchases): Cross-Border

This legal template is a Confidentiality Contract specifically designed for cross-border asset purchases under USA law. It outlines the terms and conditions under which confidential information may be shared and protected between the parties involved in the transaction.

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Accountant Retention Contract (Kovel Letter)

This legal template is a document that outlines the terms and conditions for retaining an accountant's services, specifically in relation to a Kovel Letter arrangement under USA law. The contract may cover confidentiality, scope of work, fees, and other relevant provisions for the accountant-client relationship.

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Declaration of Covenants, Conditions, and Restrictions (Commercial Property Development) (Long Form)

This legal template outlines the specific rules and restrictions governing commercial property development in the USA. Covering a range of covenants and conditions, it aims to regulate the proper use and maintenance of the properties to ensure compliance and a harmonious business environment.

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Syndicated Facility Agreement (Genie AI)

The Syndicated Facility Agreement (Genie AI) is a legal template that outlines the terms and conditions for a syndicated loan provided by multiple lenders to a borrower. The agreement covers key details such as loan amount, repayment terms, interest rates, and rights and obligations of all parties involved.

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Revolving Credit Agreement (Genie AI)

The Revolving Credit Agreement (Genie AI) is a legal template that outlines the terms and conditions between a lender and a borrower for a revolving line of credit. It covers details such as loan amounts, interest rates, repayment terms, and other provisions specific to the agreement.

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General Terms and Conditions for the Sale of Goods and Services (Seller-friendly)

This legal template outlines the terms and conditions that govern the sale of goods and services from the perspective of the seller. It covers the rights and responsibilities of both parties involved and ensures a fair and legal agreement for the sale transaction.

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Stipulated Protective Order (Illinois)

This legal template likely pertains to a court-issued order setting out terms and conditions for protecting sensitive information during the course of a legal proceeding in the state of Illinois. It aims to prevent the improper disclosure or use of confidential materials.

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Invitation Letter For Temporary Business Visitor

This legal template is intended for a formal invitation letter to be issued to a temporary business visitor under US law. It provides a concise and comprehensive guide for the content and format to ensure compliance with legal requirements.

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Securities Loan Agreement (Genie AI)

This legal template is a Securities Loan Agreement, prepared using Genie AI technology. It outlines the terms and conditions of loaning securities, specifying obligations, fees, and transfer processes between the lender and borrower.

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Deed-in-Lieu of Foreclosure (Commercial Property) (New Jersey)

This legal template is a document specific to New Jersey under USA law, outlining the terms and conditions for a commercial property owner to voluntarily transfer ownership of the property to a lender to avoid foreclosure.

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Out-of-Court Restructuring Confidentiality Contract: General (Unilateral, Discloser-friendly)

This legal template is a confidentiality contract that addresses out-of-court restructuring. It is a general and unilateral agreement that prioritizes the interests of the disclosing party to protect sensitive information shared during the restructuring process.

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Release and Waiver of Liability (Public Health Emergency) (New York)

This legal template outlines a release and waiver of liability specifically designed for public health emergencies in the state of New York. It addresses potential risks and responsibilities, allowing parties to release each other from any damages or claims that may arise during the specified emergency situation.

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Assignment of Accounts Receivable (Assignor and Assignee to Non-Assigning Party) Notice

This legal template outlines the process of assigning accounts receivable from the assignor to the assignee, while notifying a non-assigning party. It ensures compliance with USA law.

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