Thursday, 23 May 2019
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The retention of title shall continue to exist even if individual claims of the seller have been included in a current account, and the balance has been struck and accepted. The retention of title shall be due to the seller not only with regard to the accepted and abstract closing balance, but also with regard to the “causal” balance.

Already now, we release fully paid deliveries if the security provided by the retention of title exceeds the claim to be secured by 10%.

Pledging or transfers by way of security of the goods sold subject to retention of title or of the assigned claims and factoring shall not be permissible. We must be informed immediately of attachments, indicating the attaching creditor.

Last Updated on Thursday, 02 July 2009 11:40