Draft Common Frame of Reference:IV. G. — 2:112 Notification and request by security provider before performance

Draft Common Frame of Reference

IV. G. — 2:112 Notification and request by security provider before performance

Geldend

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

(1)

Before performance to the creditor, the security provider is required to notify the debtor and request information about the outstanding amount of the secured obligation and any defences or counterclaims against it.

(2)

If the security provider fails to comply with the requirements in paragraph (1) or neglects to raise defences communicated by the debtor or known to the security provider from other sources, the security provider's rights to recover from the debtor under IV. G. — 2:113 (Security provider's rights after performance) are reduced by the extent necessary to prevent loss to the debtor as a result of such failure or neglect.

(3)

The security provider's rights against the creditor remain unaffected.

Deze functie is alleen te gebruiken als je bent ingelogd.