Übersetzung für "In zahlungsverzug gerät" in Englisch

This authorisation shall, however, lapse if the customer has defaulted on payment to us.

If the buyer defaults on payment, we are entitled to take back the goods.

Back in February this year, a draft law by the CSD was approved in Parliament which establishes that the state is to begin paying default interest when the delay in payment exceeds the limits set out in the contract or in law (30 or 60 days).

But markets today think there is a 50% chance that Greece will default within the next five years – and a 25% chance that Ireland will do so.

After the French company falls behind on its payments, the Italian firm stops the shipments, but it’s stuck with thousands of euros of unpaid bills.

We undertake not to collect the receivables as long as the customer meets his payment obligations against us, does not fall into arrears with payment, no application for the opening of the insolvency proceedings is made by him and no other lack of his performance exists.

Festo can revoke the Customer's authorisation to collect and the Customer's authorisation to resell for an important reason, in particular if the Customer does not properly fulfil his or her payment obligations towards Festo, is in default of payment, stops making payments or if the Customer applies for the opening of insolvency proceedings or comparable proceedings to settle debts in respect of the Customer's assets or if the justified application by a third party for the opening of insolvency proceedings or comparable proceedings to settle debts in respect of the Customer's assets is rejected for lack of assets.

We reserve the right to collect the claim ourselves as soon as the customer does not properly comply with its payment obligations and enters into payment default.

We agree that we will not collect the claim providing that the Customer meets its payment obligations towards us, does not get into default and no request for opening of insolvency proceedings is been filed and no other deficiency regarding the Customer’s solvency arises.

The authorization to collect the claims expires when the customer is in delay of payment, when a decree of insolvency is applied for, or when he suspends payments.

We reserve the right to collect payment ourselves, should the customer fail to fulfil his obligation to pay and be in arrears.

However, we will not make use of this right as long as the client complies with payments from proceeds received from sales and does not enter into default of payment and, in particular, has not been issued a petition for the opening of settlement or solvency proceedings or bankruptcy.

However, we undertake not to collect these claims, provided the customer fulfils the obligation to pay us with the revenues collected and is not in arrears, and especially if no application for the opening of composition or insolvency proceedings has been filed and payment has not been suspended.

This authorization may only be revoked if the customer is in default with payment or a petition for the initiation of insolvency proceedings is filed.

The Seller will not collect receivables as long as the Customer keeps up with his payment obligations to the Seller, does not default on his payments, and no insolvency proceedings are opened.

The Vendor shall be entitled to give premature notice of termination a) if the Customer is in default of payment for a period of more than four weeks, or b) the Customer is in breach of a material provision of the contract and, notwithstanding a due written request, such breach of contract recurs, or c) if composition or insolvency proceedings are instituted by a court of law in relation to the Customer's assets or a petition to institute the same is dismissed on the grounds of insufficient assets.

Haenel will not claim payment from the Customer’s debtor to the extent the Customer complies with all its own payment obligations towards Haenel, is not in delay of payment, no application for the opening of insolvency proceedings has been filed, and no other lack of performance exists.

We will however undertake the obligation not to demand payment as long as the customer fulfils his payment obligations from the agreed profits, does not fall behind with payments and in particular as long as no petition for the inauguration of insolvency proceedings has been made or payment has not been suspended.

Merkel will not claim payment from the Customer's debtor to the extent the Customer complies with all its own payment obligations towards Merkel, is not in delay of payment, no application for the opening of insolvency proceedings has been filed, and no other lack of performance exists.

However, we are hereby contractually bound not to collect such receivables if the customer is not in default of payment of the received proceeds, is not in default of payment in general and no petition for the initiation of insolvency proceedings are made or inability to pay is given. If this is the case, we can demand that the customer inform us of the assigned claims and their debtors, provide all information necessary for collection, hand over the relevant documents, and inform the debtors (third parties) of the assignment.

4.5.2.3 The Customer shall retain the right to collect the receivables f the Supplier does not do so. However, the Supplier undertakes not to collect the account receivable as long as the Customer complies with his payment obligations wit regard to the Supplier, is not in default of payment and in particular has not filed a petition for the opening of insolvency proceedings and payments have not been suspended.

In case of the customer’s default in payment or inability to pay, we are authorized to accelerate maturity of the accounts receivable and to demand advance payment for outstanding deliveries.

The purchase price is due immediately if the customer falls into arrears with us with other payment obligations.

We reserve the right to collect the outstanding payments ourselves should the entrepreneur not properly fulfil his payment duties and fall into default with payment.