All goods are delivered under conditions relating to retention of ownership
stipulated in paragraph 455 of the BGB (German Civil Code).
The goods supplied remain the property of the Publisher until the complete
settlement of all principal and subsidiary claims deriving from
previous and future deliveries. In the case of resale, the buyer must
retain his limited ownership of the goods until his customer has paid for
them in full. The buyer hereby assigns all claims arising from the resale
of conditional goods to the Publisher to secure the latter's
Publisher accepts this transfer of claims.
If the buyer resells conditional goods and includes pertinent claims in a
current account relationship with a third party, the periodic balance recognized
in each case following balancing of the individual current
account claims is considered to have been assigned. The same applies to
the final account balance existing on termination of the current account
relationship, if such a balance is transferred to the current account. The
Publisher also accepts this transfer of claims.
If the claims of the Publisher are included in an existing current account
relationship with the customer, the retention of ownership agreed upon
serves as security for the balance claims of the Publisher. The buyer is
obliged to inform the Publisher immediately about any transfer of the
conditional goods to a third party or claims arising from resale.