Common use of Assignment of Receivables relating to Obligors located in Germany Clause in Contracts

Assignment of Receivables relating to Obligors located in Germany. In addition to the transfer of ownership of Receivables stipulated above the Seller, subject to the satisfaction of the conditions precedent set out in this Agreement hereby assigns by way of a German law assignment (Abtretung) within the meaning of Section 398 German Civil Code (Bárgerliches Gesetzbuch) to the Purchaser all Receivables (whether now existing or hereafter arising) owed to the Seller by an Obligor located in Germany (the “German Obligor Receivables”). The Purchaser accepts such assignment. The assignment of the German Obligor Receivables shall include all ancillary rights, priority rights as well as all other rights attached to the German Obligor Receivables.

Assignment of Receivables relating to Obligors located in Germany. In addition to the transfer of ownership of Receivables stipulated above the each Seller, subject to the satisfaction of the conditions precedent set out in this Agreement hereby assigns by way of a German law assignment (Abtretung) within the meaning of Section 398 German Civil Code (Bárgerliches B_rgerliches Gesetzbuch) to the Purchaser all Receivables (whether now existing or hereafter arising) owed to the Seller Sellers by an Obligor located in Germany (the “German Obligor Receivables”). The Purchaser accepts such assignment. The assignment of the German Obligor Receivables shall include all ancillary rights, priority rights as well as all other rights attached to the German Obligor Receivables.

Assignment of Receivables relating to Obligors located in Germany. In addition to the transfer of ownership of Receivables stipulated above the each Seller, subject to the satisfaction of the conditions precedent set out in this Agreement hereby assigns by way of a German law assignment (Abtretung) within the meaning of Section 398 German Civil Code (Bárgerliches B?rgerliches Gesetzbuch) to the Purchaser all Receivables (whether now existing or hereafter arising) owed to the such Seller by an Obligor located in Germany (the “German Obligor Receivables”). The Purchaser accepts such assignment. The assignment of the German Obligor Receivables shall include all ancillary rights, priority rights as well as all other rights attached to the German Obligor Receivables.

Assignment of Receivables relating to Obligors located in Germany. In addition to the transfer of ownership of Receivables stipulated above the each Seller, subject to the satisfaction of the conditions precedent set out in this Agreement hereby assigns by way of a German law assignment (Abtretung) within the meaning of Section 398 German Civil Code (Bárgerliches Gesetzbuch) to the Purchaser all Receivables (whether now existing or hereafter arising) owed to the such Seller by an Obligor located in Germany (the “German Obligor Receivables”). The Purchaser accepts such assignment. The assignment of the German Obligor Receivables shall include all ancillary rights, priority rights as well as all other rights attached to the German Obligor Receivables.