15. Reservation of title

15.1 For contracts with consumers SD-Technologies reserves title to the merchandise until payment of the purchase price in full. For contracts with enterprises SD-Technologies reserves title to the sold or installed merchandise until payment of all our claims arising from the business connection, also if the purchase price should have been paid for specifically designated claims.  

15.2 The customer may only dispose of the objects that are still subject to reservation of title, as far as they are ought to processed, installed or resold in a proper business transaction.

15.3 The customer is obligated to inform SD-Technologies if a third party gets access to the goods, as in the case of seizure as well as if any damages or the destruction of the goods occur. The customer must inform SD-Technologies immediately about a change in possession of the goods as well as a change of residence. In the case of a resale of the goods, the enterprise assigns its claims to SD-Technologies already now. SD-Technologies reserves the right to collect the claims itself as soon as the enterprise does not meet its payment obligations properly and falls behind with payment. Costs caused by interventions conducted by SD-Technologies must be carried by the customer.

15.4 SD-Technologies has the right to withdraw from the contract and demand the goods if the customer breaches the contract, especially in the case of delayed payment or violating contractual obligations.

15.5 The processing of the goods by the enterprise is always carried out on behalf and on the instructions of SD-Technologies. In case of a processing with objects which do not belong to SD-Technologies, then SD-Technologies gets a co-ownership on the new goods regarding the value of the goods delivered in comparison with the other processed goods. This also applies, if the goods are mixed with other objects that do not belong to SD-Technologies.

15.6 It is not necessary to withdraw from the contract in order to assert the reservation of title unless the debtor is a consumer.

 

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