7.1. Pursuant to s. 449 of the German Civil Code, the Publisher reserves the title to deliveries made by the Publisher. The delivered goods shall remain the property of the Publisher until all existing principal and subsidiary claims arising from past and future deliveries have been settled.
7.2. If the Buyer resells the goods, the Buyer shall reserve his or her conditional title to the goods to which title is reserved vis-à-vis his or her customers until said customers have paid the purchase price in full.
7.3. By way of security, the Buyer hereby assigns to the Publisher all of his or her claims from the resale of the goods to which title is reserved. The Publisher accepts this assignment.
7.4.In the event that the Buyer includes the claims arising from the resale of the goods to which title is reserved in a current account relationship with a third party, the periodic balance acknowledged in each case after the balancing of accounts of the individual current account claims shall be deemed to have been assigned to the Publisher. The same applies to the final balance upon termination of the current account relationship if the periodic balance is transferred to the current account.
The Publisher also hereby accepts this assignment.
In the event that claims on the part of the Publisher are included in an existing current account relationship with the Buyer, the agreed reservation of title shall be deemed as security for the balance due to the Publisher.
The Buyer is obliged to notify the Publisher without delay if the goods to which title is reserved or the claims resulting from the resale of the goods are transferred to a third part. At the Publisher's request, the Buyer shall notify the Publisher of the debtors of the assigned claims, the exact amount due and the date upon which the claims arose.
The Publisher shall be entitled to disclose the assignments and to collect the claims itself. After full payment of all of the Publisher's claims arising from business dealings with the Buyer, the goods to which title is reserved shall automatically become the property of the Buyer