– Transfer of Receivables / Agreement. The Credit Customer hereby acknowledges and accepts that the Bank may, even if his outstanding debts owed to the Bank have not yet become due and payable, transfer all kinds of its receivables, rights and interests arising out of this Agreement • to third parties, guarantors, co-debtors or sureties, against payments to be made by such third parties, guarantors, co-debtors or sureties in connection therewith, or • to any other house financing institution without a separate consent of the Credit Customer, and in this case, his collaterals and guarantees held with the Bank will also be transferred to the third parties, guarantors, co-debtors or sureties making such payment.
– Transfer of Receivables / Agreement. The Credit Customer hereby acknowledges and accepts that the Bank may, even if his outstanding debts owed to the Bank have not yet become due and payable, transfer all kinds of its receivables, rights and interests arising out of this Agreement against payments to be made by third parties, guarantors or sureties in connection therewith, without a separate consent of the Credit Customer, and in this case, his collaterals and guarantees held with the Bank will also be transferred to the third parties, guarantors or sureties making such payment.
