An assignment and delegation provision is the clause that specifies a party’s ability to assign its rights or delegate its duties under an agreement. It is a provision that is often placed in the ...
Under New York law, written agreements are construed in accordance with the parties’ intent. “The best evidence of what parties to a written agreement intend is what they say in their writing.”[1] As ...
An assignment refers to transferring rights or property. Learn how assignments work in options contracts and see examples of assignments in mortgages, wages, and leases.