Debt Accession Agreement

PandaTip: In other words, if necessary, the debtor and creditor will take additional steps to ensure that the debts are repaid as long as the terms of this agreement are met. CONSIDERING that the debtor is liable to the creditor for an amount equal to [AMOUNT DEBT DOLLAR] dollar (the “debt”) (the “debt”); and the traditional acceptance of debt or debt (cumulative acceptance of debt); In particular cases, the Supreme Court considers that if the parties involved have not established that the debtor could be disassociated from the debt of the agreement, that agreement is considered a debt adhesion, whether the agreement has established that a third party agrees to repay or that it agrees to repay the debt or that it repays the debtor`s debt. For example [2006]Min Er Zhong Zi No.199, [2010]Min Ti Zi No.153, [2013]Min Si Zhong Zi No.22, [2014]Min Shen Zi No.1250, and [2014]Mines Shen Zi No.460 . Therefore, when a company behaves similarly to Company C, it determines its actual intention to repay the debtor, the narrowly defined debt entity or the debt adhesion. The company could then design articles in the relevant documents based on its actual intent. PandaTip: In other words, this agreement is now the debt control agreement and, in any case, the terms of that agreement are different from those that were signed previously, the terms of that agreement are the ones that are used. Release of debt-to-debt (debt relief with benefit). ACKNOWLEDGMENT OF DEBT. The debtor agrees and acknowledges that he is fully indebted to the creditor. The employer remains required to pay the insolvency contributions to PSVaG, even if a third party has signed up for the debt.

However, the debtor is not legally protected from insolvency by the PSVaG, since he is not the employer of the pensioner. In the case of debt-joining with the assumption of the benefit (debt relief), the member debt company assumes responsibility for pension obligations with biometric risks. In addition to the assumption of co-debts, it is generally agreed, in the internal relationship between the third party member and the employer initially exclusively linked, to take over the benefits under art. 329 BGB, according to which the third party agrees to exempt the employer from any pension obligation. This ensures that the original obligation, despite its joint and several liability, is largely reduced legally and economically (debt release, Wellisch/Bleckmann, DB 06, 120). FULL INTEGRATION. This debt settlement contract replaces all previous agreements, agreements or negotiations, written or orally. In the case of a simple assumption of benefits, the third party undertakes only partially or fully to settle the pension debt in relation to the principal debtor (pension debtor). However, the recipient of the pension himself is not entitled to his right of access; acceptance of the benefit should not even be brought to his attention. In the case of simple payment of benefits, the cancellation of the debt is not based on the estate, but on the repayment of the debt of third parties.

If in doubt, the interpretation of the agreement assumes that there is only a simple support for performance (Article 329 BGB) which has no influence on the external relationship.