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09:18 Dec 1, 2011
German to English translations [PRO] Bus/Financial - Law: Taxation & Customs
German term or phrase:Rückgabeverpflichtung
Hello, what is Rückgabeverpflichtung in this context?
Thank you
Soweit die übernommen Vermögensgegenstande mit Eigentumsvorbehaltsrechten von Lierferanten belastet sind, übernimmt die Käuferin unter diesbezüglicher Freistellung des Verkäufers die Rückgabeverpflichtung gegenüber den Lieferanten oder löst nach ihrer Wahl diese Gegenstände bei den Lieferanten aus.
In so far as the acquired assets are burdened with the retention of title of suppliers, the purchaser assumes, subject to the release of the seller, the obligation to return towards the supplier or releases these items with the suppliers according to choice.