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Transfer Of Obligation Agreement

Transfer Of Obligation Agreement

3 If the transfer takes effect because all three parties have approved it, the assignee takes the contractual position of the contemptuous, that is, he is bound by the obligations of the contemptuous and becomes a creditor of the contemptuous`s claims arising from the contract. (a) The Contracting Parties may agree on the transfer of the rights and obligations of the Treaty Contemptuous from one Party (the “Contemptuous”) to another person (the “Buyer”) with the person who remains a Party (the other Party). 2 The transfer of the position from the contemptuous to the buyer requires an agreement between them. Since the transfer has the effect of confronting the remaining party to the contract with a new party with whom it has not concluded the contract, this transfer also requires the agreement of that party. This consent can be given in advance by this party or for example: through a trilateral agreement, the transfer is currently done through an agreement between the contempt and the assignee. (c) The other party may dismiss the contemptuous or retain the contemptuous as a debtor if the buyer does not act properly. Otherwise, the beneficiary of the honnexe and the buyer are jointly and severally liable. (b) The transfer of a contract is subject to the agreement of the other party. This consent may be given in advance or at the time the transfer is made by the beneficiary of the hant and the assignee. If the other party has given its consent in advance, the transfer of the contract shall take effect when a notice of transfer is made to the other party or if the other party acknowledges this. 1 Party autonomy shall allow the parties to assign individual claims under this contract to another person. If the counterparty performs services on the part of the contemptuous, the latter would be entitled to a refund against the buyer.

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