Translation of "Fällig zu stellen" in English

The hotel shall be entitled to accelerate maturity of any claims.

We shall in particular have the right, to make the remaining balance due for immediate payment.

At any time, the hotel is entitled to call in accruing amounts owed and to insist on immediate payment.

In this case HAM is also entitled to call not due claims due immediately.

Equally, the acceleration clause of the contract concerned allows the bank to call in the totality of the loan after a single failure to meet a due payment of principal or interest.

For the effective application of resolution tools, it is necessary to allow resolution authorities to impose a temporary stay on the exercise by creditors and counterparties of rights to enforce claims and close out, accelerate or otherwise terminate contracts against a failing institution.

Without qualifying § 321 of the German Federal Code of Law, where grounds exist for doubting the creditworthiness of the customer, we reserve the right to demand payment in advance on any subsequent orders, to demand immediate payment of all outstanding amounts – including any deferred payments – and to require immediate payment in cash or the production of some form of surety.

Insofar as the Purchaser fails to pay invoices which are due, exceeds a period allowed for payment that has been granted, makes incorrect or incomplete statements about his creditworthiness or we become aware of circumstances after the conclusion of the contract which place the solvency or creditworthiness of the Purchaser in doubt and as a result of which the payment of our outstanding receivables by the Purchaser from the respective contractual relationship is placed at risk, we are entitled to amend the existing agreements so that we only execute or provide outstanding deliveries or services in return for advance payment or the provision of security and make the entire outstanding debt of the Purchaser due for immediate payment.

If the purchaser does not pay due invoices, exceeds the allowed payment date, or the purchaser’s financial situation deteriorates after conclusion of contract or we receive unfavourable reports about the purchaser after conclusion of contract that question the purchaser’s ability to pay or its creditworthiness, we are entitled to make the entire balance of the debt due for payment or, by changing the agreement, to demand prepayment or securities or, after delivery, immediate payment of all claims based on the same legal relationship.

If the purchaser fails to meet their payment obligations, does not redeem a cheque, cancels their payments or if other circumstances become known which cause doubt in the purchaser's creditworthiness EWIKON shall be entitled to make the whole of the remaining debt due, even if it has accepted cheques.

In case the seller learns about circumstances that put he buyer's creditworthiness in question, especially if a cheque is not paid or if the buyer stops his payments or if the seller learns about any other circumstances that put the buyer's creditworthiness in question the seller is entitled to make the remainder of the debt fall due even if he has accepted cheques.

If the customer does not meet his payment obligations, especially if a check is not covered or payment ceased, or a draft fails or NOS is otherwise charged, in such a manner as to call the creditworthiness of the customer into question, then NOS is entitled to demand the entire remaining debt, even if the checks have been accepted.

If the buyer does not meet its payment obligations, is in arrears, stops its payments or other circumstances are known to us which could place the customer's credit in question, we have the right to make the entire remaining due amount due immediately, even if checks or bills of exchange were accepted.

We are then entitled to make due all claims not yet due within the current business relationship.

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.

In cases where the client is late with payment, including when the client does not redeem a cheque or bill of exchange or stops payment or if we become aware of other circumstances that lead us to question the client’s credit worthiness, we are entitled to make all outstanding debts due for payment, even if we have accepted bills of exchange or cheques.

In this case we will be entitled to accelerate all claims that are not statute-barred from business transactions with this customer.

We are entitled to shorten any payment periods previously granted and to declare our re- ceivables due, in the event that customer is in default with payments or instalments.

If the Customer is in delay or if a cheque is dishonoured or if a bill of exchange is protected, MEVA shall be entitled to make the whole outstanding claim due for immediate payment.

If one of the aforementioned situations arises after conclusion of the contract, we reserve the right to revoke the agreed payment terms and demand immediate payment.

In the case of default of payment and should there be reason to doubt the solvency or the creditworthiness of the purchaser, we are authorised to demand securities or advance payments for goods still to be delivered and to make all demands resulting from the business cooperation due immediately, regardless of our other rights.

Worsening of the purchaser's ability to pay or the failure to comply with the agreed terms of payment gives us the right to make the whole of the residual debt due immediately.