Retention of Title Musterklauseln

Retention of Title. 1. All goods delivered shall remain our property (reserved goods) until fulfilment of the claims to which we are entitled from the respective delivery. This shall also apply to conditional claims arising in the future, e.g. from acceptor's bills of exchange, and also if payments are made on specially designated claims, and also to claims which are established unilaterally by the insolvency administrator by way of choice of performance. 2. Treatment and processing of the goods subject to retention of title shall be carried out for us as manufacturer within the meaning of § 950 BGB (German Civil Code) without obligating us. The processed goods shall be deemed to be goods subject to retention of title within the meaning of No. 1. If the goods subject to retention of title are processed, combined or mixed with other goods by the buyer, we shall be entitled to co-ownership of the new item on a pro rata basis in the ratio of the invoice value of the goods subject to retention of title to the invoice value of the other goods used. If our ownership lapses as a result of combining or mixing, the buyer shall already now transfer to us the ownership rights to which he is entitled in the new stock or item to the extent of the invoice value of the reserved goods and shall keep them in safe custody for us free of charge. Our co-ownership rights shall be deemed to be reserved goods within the meaning of No.1. 3. The buyer may only sell the goods subject to retention of title in the ordinary course of business under his normal terms and conditions of business and as long as he is not in default, provided that the claims from the resale are transferred to us in accordance with nos. 4 to 5. He is not entitled to dispose of the reserved goods in any other way. 4. The buyer's claims arising from the resale of the reserved goods or for any other legal reason (such as the processing or installation of supplied building materials and other materials in a property) are already assigned to us now, together with all securities which the buyer acquires for the assigned claims. They serve as security to the same extent as the reserved goods. If the goods subject to retention of title are sold by the buyer together with other goods not sold by us, the claim from the resale shall be assigned to us in the ratio of the invoice value of the goods subject to retention of title to the invoice value of the other goods. In the event of the sale of goods in which we have co-ownership shares pu...

Retention of Title. 1. Alle gelieferten Waren bleiben unser Eigentum (Vorbehaltsware) bis zur Erfüllung sämtlicher Forderungen aus der Geschäftsverbindung, gleich aus welchem Rechtsgrund, einschließlich der künftig entstehenden oder bedingten Forderungen (Saldovorbehalt). Der Saldovorbehalt gilt jedoch nicht für Vorkasse- oder Bargeschäfte, die Zug-um-Zug abgewickelt werden. In diesem Fall bleiben die gelieferten Waren in unserem Eigentum, bis der Kaufpreis für diese Waren vollständig gezahlt ist. 1. All goods delivered by us remain our property (Reserved Property) until all claims arising from our business contacts have been settled, regardless of the origin of the claims and including future or conditional claims (current account reservation). The current account reservation is not applicable in in prepayment or delivery vs payment cases. In this case, the delivered goods remain our property until the purchase price for these goods has been paid in full. 2. Be- und Verarbeitung der Vorbehaltsware erfolgen für uns als Hersteller im Sinne von § 950 BGB, ohne uns zu verpflichten. Die verarbeitete Xxxx gilt als Vorbehaltsware im Sinne der Ziff. V/1. Bei Verarbeitung, Verbindung und Vermischung der Vorbehaltsware mit anderen Waren durch den Käufer steht uns das Miteigentum an der neuen Sache zu im Verhältnis des Rechnungswertes der Vorbehaltsware zum Rechnungswert der anderen verwendeten Waren. Erlischt unser Eigentum durch Verbindung oder Vermischung, so überträgt der Käufer uns bereits jetzt die ihm zustehenden Eigentumsrechte an dem neuen Bestand oder der Sache im Umfang des Rechnungswertes der Vorbehaltsware und verwahrt sie unentgeltlich für uns. Die hiernach entstehenden Miteigentumsrechte gelten als Vorbehaltswaren im Sinne der Ziff. V/1. 2. With regard to processing or manufacturing of the reserved property, we shall be deemed to be manufacturer within the meaning of Section 950 BGB (German Civil Code) without obligating us in any way. The processed or manufactured goods shall be regarded as reserved property within the meaning of clause V/1 of these conditions. When the buyer processes, combines or mixes the reserved goods with other goods, we retain co-ownership in the new product in the relation of the invoice value of the reserved goods to the invoice value of the other goods produced. If our property disappears due to combination or mixture, the buyer transfers to us already his property rights in the new goods or items in relationship to the invoice value of the re...

Retention of Title. 7.1 We reserve title to the goods delivered until all payments from the business connection with the customer have been made. If there is a current account relation, the retention of title applies for the acknowledged balance. This also applies for all future deliveries, even if we do not refer to it expressively every time. We are entitled to take back the delivery items if the purchaser acts contrary to the agreement. 7.2 The customer is obliged to handle the delivery items with care as long as the goods have not passed into the customer’s ownership yet. In particular the customer is obliged to insure the Diebstahl-, Feuer- und Wasserschäden ausreichend zum Neuwert zu versichern . Müssen Wartungs- und Inspektionsarbeiten durchgeführt werden, hat der Kunde diese auf eigene Kosten rechtzeitig auszuführen. Solange das Eigentum noch nicht übergegangen ist, hat uns der Kunde unverzüglich in Textform zu benachrichtigen, wenn der gelieferte Gegenstand gepfändet oder sonstigen Eingriffen Dritter ausgesetzt ist. Soweit der Dritte nicht in der Lage ist, uns die gerichtlichen und außergerichtlichen Kosten einer Klage gemäß § 771 ZPO zu erstatten, haftet der Kunde für den uns entstandenen Ausfall. 7.3 Die Be- und Verarbeitung der Vorbehaltsware durch den Kunden wird stets für uns vorgenommen, ohne uns zu verpflichten. In diesem Fall setzt sich das Anwartschaftsrecht des Kunden an der Kaufsache an der umgebildeten Sache fort. Sofern die Kaufsache mit anderen, uns nicht gehörenden Gegenständen verarbeitet wird, erwerben wir das Miteigentum an der neuen Sache im Verhältnis des objektiven Wertes unserer Kaufsache zu den anderen bearbeiteten Gegenständen zur Zeit der Verarbeitung. Dasselbe gilt für den Fall der Vermischung. Sofern die Vermischung in der Weise erfolgt, dass die Sache des Kunden als Hauptsache anzusehen ist, gilt als vereinbart, dass der Kunde uns anteilmäßig Miteigentum überträgt und das so entstandene Alleineigentum oder Miteigentum für uns verwahrt. Zur Sicherung unserer Forderungen gegen den Kunden tritt der Kunde auch solche Forderungen an uns ab, die ihm durch die Verbindung der Vorbehaltsware mit einem Grundstück gegen einen Dritten erwachsen; wir nehmen diese Abtretung schon jetzt an. Bei Verarbeitung und Verbindung mit anderen Waren erwerben wir Miteigentum an der neuen Ware im Verhältnis des Rechnungswertes der Vorbehaltsware zu dem der anderen Materialien. 7.4 Der Kunde ist berechtigt, die Vorbehaltsware im ordentlichen Geschäftsgang weiter zu v...

Retention of Title. 1. The Supplier retains title to all goods delivered until the full payment of the purchase price and all outstanding amounts resulting from the business relationship. 2. The Customer is entitled to resale in the usual course of business. For the event of further assignment of the goods, the Customer already now assigns all claims against the purchaser to the Supplier. The Sup- plier accepts these assignments. If the retained goods are sold on to- gether with other items and no individual price has been agreed with respect to the retained goods, the Customer shall assign to the Sup- plier such fraction of the total price claim as is attributable to the price of the retained goods invoiced by the Supplier. 3. If payment is made by cheque or bill of exchange, the Supplier re- tains title to the goods until the cheque has been cashed or until the expiry of liability on the part of the Supplier arising from the bill of ex- change including a claim to bill of exchange enrichment. 4. The pledging or assignment as security of goods subject to retention of title is not permitted; in the event of pledging, seizure or similar in- terventions by third parties, the Supplier is to be notified immediately. If a reasonable interest can be proven, the Customer shall, without un- due delay, provide the Supplier with the information and/or documents necessary to assert the claims it has against third parties. 5. Neither the filing of retention of title nor the pledging of goods by the Supplier is deemed to be a rescission or termination of the contract. 6. The Supplier undertakes, at the Customer’s request, to release the securities to which the Supplier is entitled pursuant to clauses XIII.1 and XIII.2 if their realizable value exceeds the receivables to be se- cured by 20 %. The Supplier shall be entitled to choose which security interest it wishes to release. 7. In the event of default in payment, the Customer is obliged to sur- render the goods subject to retention of title, even if the Supplier does not rescind or terminate the contract. For this case, the Customer hereby permits the Supplier irrevocably to collect the goods under re- tention of title immediately and to enter its business and warehouse premises without hindrance for this purpose. After taking back the goods under retention of title, the Supplier is entitled to utilize them as it so wishes. The proceeds from utilization shall be credited to the lia- bility of the Customer less appropriate utilization co...

Retention of Title. 1. Bezüglich der Eigentumsvorbehaltsrechte des Lieferanten gelten dessen Bedingungen mit der Maßgabe, dass das Eigentum an der Ware mit ihrer Bezahlung auf uns übergeht und dementsprechend die Erweiterungsformen des sogenannten Kontokorrent- und Konzernvorbehaltes nicht gelten. 1. The supplier's terms covering his retention of title shall apply subject to the condition that title to the goods shall pass to us on the date of payment for such goods. Consequently, the extended forms of the so-called current account retention (Kontokorrentvorbehalt) shall not apply. 2. Auf Grund des Eigentumsvorbehalts kann der Verkäufer die Ware nur herausverlangen, wenn er vom Vertrag zurückgetreten ist. 2. The supplier may claim return of the goods on the basis of his retention clause only if he has previously withdrawn from the contract. VII. Ausführung der Lieferungen und Gefahrübergang VII. Performance of Deliveries and Passing of Risks 1. Der Lieferant trägt die Gefahr des zufälligen Untergangs und der zufälligen Verschlechterung, auch bei „franko”- und „frei Haus”- Lieferungen, bis zur Übergabe der Ware am Bestimmungsort. 1. The supplier carries the risk of accidental loss and accidental deterioration, even with prepaid and free house deliveries, until the goods have been handed over at the place of delivery. 2. Teillieferungen bedürfen unserer Zustimmung. 2. We will not accept partial deliveries unless we have given our express consent to them. 3. Mehr- oder Minderlieferungen sind nur im handelsüblichen Rahmen gestattet. 3. Excess or short deliveries will be accepted only in accordance with current trade practise. 4. Verpackungskosten trägt der Lieferant, falls nicht etwas anderes in Textform vereinbart wurde. Tragen wir im Einzelfall die Kosten der Verpackung, so ist uns diese billigst zu berechnen. Die Rücknahmepflichten richten sich nach dem Verpackungsgesetz mit der Maßgabe, dass die Rücknahme stets an unserem Sitz erfolgt, soweit nichts Abweichendes vereinbart wird. Die Kosten für den Rücktransport und die Entsorgung der Verpackung trägt in jedem Fall der Verkäufer. 4. Unless otherwise agreed in text form, the supplier shall bear the costs of packing. Should we, in a given case, agree to bear such costs, the supplier will charge us with the lowest possible costs only. Any obligations to take back packaging material shall be governed by the German Packaging Act with the proviso that taking back always takes place at our registered office, unless otherwise agreed. ...

Retention of Title. Legal title to all delivered Goods remains with Mondi until the Customer has paid all sums owing to Mondi in connection with the respective Contract and all other obligations of the Customer towards Mondi arising under or in connection with the respective Contract have been fulfilled. The Customer is obliged to appropriately insure the Goods still owned by Mondi against all common risks, particularly against fire, burglary or damage caused by water at its own expense, to treat them cautiously and store them properly. The Customer shall at all times store the Goods in such a manner as shall facilitate identification of them both generally and by reference to invoices in respect thereof. The Customer shall be entitled to sell the Goods in the usual course of business. Any possible claims resulting from such sale shall herewith be assigned to Mondi in advance and the Customer shall undertake all necessary publicity requirements for enforceability of such assignment, such as registration in the book accounts and by notifying the purchaser of the assignment and retention of title. If the Customer sells any goods co-owned by Mondi, the assignment shall apply to the amounts received to the same extent as this co-ownership. Mondi shall be entitled to collect the assigned sum. Any processing of the Goods by the Customer takes place on behalf of Mondi without imposing obligations on Mondi. If the Goods are processed with other goods not owned by Mondi, Mondi acquires a co-ownership on the newly produced goods pro rata the value of the delivered Goods at the time of the processing.

Retention of Title. We reserve title to the object of delivery until receipt of all payments from the contract. If the event of conduct by the contracting party in breach of the contracts, in particular in arrears in payment, we shall be entitled to take the object of delivery back; the purchaser shall be obliged to return it. To the extent that the provisions of the German Civil Code concerning consumers’ loans are not applicable, taking back the object of the delivery shall not portray withdrawal from the contract, unless we have expressly declared this in writing. In the event of pledging and other interventions by third parties, the contracting party shall notify us in writing without delay, so that we can initiate proceedings according to § 771 German Code of Civil Proceedings. In commercial dealings, we reserve title to the object of delivery until receipt of all payments from the business relationship with the contracting party. The retention of title shall then also extend to the acknowledged balance, to the extent that we book claims against the contracting party onto current account (reservation of current account). The contracting party is entitled to resell the object of delivery in the ordinary course of business; however, it here and now assigns all claims to the amount of the final invoice amount (including VAT) accruing to it against its customers or third parties from the resale to us, this being independent of whether the object of delivery has been resold without or following further processing. The contracting party shall remain entitled to collect this receivable after the assignment. Our authorization to collect the claim ourselves shall remain unaffected; however, we undertake not to collect the receivable as long as the contracting party properly complies with its payment obligations and is not in arrears with payment. However, if this is the case, we can then demand that the contracting party notifies us of the assigned claims and their debtors, gives all the information necessary for the collection, hands over the pertinent documents and notifies the debtors (third parties) of the assignment. Processing or re-shaping of the object of delivery by the contracting party shall always be done on our behalf. If the object of delivery is processed with objects not belonging to us, we shall acquire co-ownership of the new object in the ratio of the value of the object of delivery to the other processed objects at the time of the processing. In addition, the ...

Retention of Title. 1. Bezüglich der Eigentumsvorbehaltsrechte des Verkäufers gelten dessen Bedingungen mit der Maßgabe, dass das Eigentum an der Ware mit ihrer Bezahlung auf uns übergeht und dementsprechend die Erweiterungsform des so genannten Kontokorrentvorbehaltes nicht gilt. 1. The seller's terms covering his retention of title shall be valid subject to the condition that title in the merchandise shall pass to us on the date of payment for such goods. Consequently, the extended forms of the so-called current account retention (Kontokorrentvorbehalt) shall not apply. 2. Auf Grund des Eigentumsvorbehalts kann der Verkäufer die Ware nur herausverlangen, wenn er zuvor vom Vertrag zurückgetreten ist. 2. The seller may claim return of the merchandise on the basis of the retention clause only if he has previously withdrawn from the contract.

Retention of Title. 1.10.1 We reserve title to the delivered goods until such time as all outstanding receivables out of the business relationship with the customer, including interest and costs, if any, have been settled. In case of a running account the reservation of title shall serve as security for the balance of our claims. If the product is mixed or combined with other items, we shall acquire joint title to the new item in the ratio of the value of the product we have supplied to the value of the new item. The same will apply if the product supplied is consumed during production of the new item. 1.10.2 The reserved goods are intended solely for the customer’s use in Germany. Resale is permitted only with our prior written consent. All claims resulting from a resale of the goods, including security, if any, is hereby assigned by the customer to us in an amount equivalent to our purchase price claims. In the event that the reserved goods are sold together with other goods that do not belong to us, claims based on the resale shall be assigned to us in an amount equivalent to the invoice value of the reserved goods. 1.10.3 The exercise of the reservation of title due to a default of payment which is not insignificant shall, as far as the customer is not the consumer, only be deemed a rescission of the contract if we expressly indicate as such in writing. 1.10.4 Die Verpfändung oder Sicherungsübereignung von Vorbehaltsware an Dritte ist ausgeschlossen. Der Kunde ist verpflichtet, alle Zugriffe auf und Beeinträchtigungen unseres Eigentums sowie Zugriffe auf Gegenstände, die zwar nicht in unserem Eigentum stehen, dem Kunden jedoch – unabhängig vom Rechtsgrund – durch uns überlassen worden sind, abzuwehren und uns unverzüglich anzuzeigen. Soweit der Dritte nicht in der Lage ist, uns die gerichtlichen und außergerichtlichen Kosten einer etwaigen Klage gemäß § 771 ZPO zu erstatten, haftet der Kunde für den uns entstandenen Ausfall. 1.10.5 Bei Zahlungsverzug, Zahlungseinstellung, Vergleichs- oder Insolvenzantrag durch den Kunden oder einen Gläubiger sind wir – unbeschadet aller weitergehenden Rechte – berechtigt, die Vorbehaltsware zurückzunehmen und anderweitig zu verkaufen. Der Erlös, abzüglich aller mit dem Verkauf in Zusammenhang stehenden Kosten und Aufwendungen – welche wir ohne besonderen Nachweis mit 10% des Verkaufserlöses in Rechnung stellen können – wird dem Kunden auf seine Gesamtschuld gutgebracht; ein etwaiger Überschuss wird ausgezahlt. Der Kunde ist jedoch berecht...

Retention of Title. The Company reserves the title to all goods provided by them until the purchase price has been paid in full. If the Company delivers to fully-registered traders, the Company shall retain title to the delivered goods until all claims against the Customer have been settled in full, including any future or contingent claims. If the goods supplied are taken back from a Customer who is a trader, then this shall not constitute a withdrawal from the contract. In the event of default of payment, the Company shall be entitled to take back immediately the goods subject to retention of title. Any sale, pledge, assignment as collateral or similar transaction by the Customer in relation to the goods subject to retention of title shall not be permitted. The Customer must immediately notify the Company in the event of any third-party intervention (e.g. seizure of the goods). In the event of default of payment, the Company shall be entitled to enter the Customer’s premises itself or via a third party in order to collect the goods subject to retention of title. If the Customer is a commercial Customer or trader, then it may resell the goods in the ordinary course of business, but is not entitled to assign them as collateral or pledge these. This Customer hereby assigns the claims against its business partner arising from the sale to the Company; this shall include any finished part in the event that the goods have been subject to further processing. The Company shall grant a grace period of 2 weeks starting with the date of the start of the default period until disclosure of the assignment of the claim to the Customer’s business partner. Following the start of the default period, the Customer shall be under an obligation to state the names and addresses of the Customer’s business partners following a request by the Company, and to provide copies of the invoices issued to the business partners. The Company’s Customer irrevocably authorises the relevant party in possession of the goods subject to retention of title to return the goods subject to retention of title to the Company. If the Company takes the goods subject to retention of title back, then a credit will be issued for the amount of the value as at the return date.