The customer hereby agrees to purchase from the seller: 10. ASSIGNMENT BY SELLER TO A BANK: Seller is authorized to assign as security payments due under this Agreement or any part thereof to a bank or other financial institution. In such event, Seller shall provide Buyer with appropriate agreements and other necessary assurances under Article 13 of this Agreement. Construction companies often use joint ventures to pool resources and pursue large projects. This template for a Joint Undertaking Agreement can be completed in a matter of minutes and will help you and your partner to conclude a legally binding Joint Undertaking Agreement. 2.