Assuming Risk. Art. 19 The MANDATORY regularly informs the MANDATOR’s investors on the risk profile associated with the operations performed with the assets and financial instruments managed by the MANDATORY, in accordance with the applicable legal framework.
Assuming Risk. In the cooperation agreement, the right can be granted to the cooperating lead investor in order to make use of TBG up to the expiration of 5 years from the start of TBG's investment to the TC to partial reimbursement of a shortfall from its investment in the TC. For this case, TBG will reimburse the lead investor in an amount up to a maximum of 50%, in the new federal states [of the. former East Germany] and Berlin (East) up to a maximum of 70%, of the investments that it itself has provided. TBG can then require the whole or partial transfer of the lead investor's investment share to itself or to a third party. Prerequisite for the utilization of the risk assumption is that - regarding the TC's capital, the bankruptcy proceeding or the total execution has been denied due to lack of assets, --------------------------------------- Joint Venture Principles tbg Technologie-Beteiligungs- for the Program "Venture Capital for Gesellschaft mbH of Small Technology Companies" Deutsche Ausgleichbank --------------------------------------- - uniform insurance for the TC has been given, or - the TC's ongoing inability to pay is demonstrated in another way, - the requirements of the lead investor have declined from his or her investment in the TC as a result of a legally binding settlement or a waiver. The remaining risk of loss must be borne by the lead investor alone.
