Accounts Receivable Assignment Agreement Template for Austria

1. Security Provisions: Required when the assignment is for security purposes (Sicherungszession) rather than an outright assignment

2. Data Protection: Detailed GDPR compliance provisions when personal data is involved

3. Cross-Border Provisions: Required when the assignment involves receivables or parties from multiple jurisdictions

4. True Sale Provisions: Required when the assignment needs to qualify as a true sale for accounting or regulatory purposes

5. Recourse Provisions: Optional provisions specifying whether the assignment is with or without recourse to the Assignor

6. Further Assurance: Additional cooperation obligations for future actions, used in complex assignments

7. Costs and Taxes: Allocation of transaction costs and tax obligations when significant amounts are involved

1. Schedule of Receivables: Detailed list of assigned receivables including debtor information, amounts, and due dates

2. Form of Notice to Debtors: Template for notifying debtors of the assignment as required under Austrian law

3. Powers of Attorney: Forms of powers of attorney for collection and enforcement rights

4. Excluded Receivables: List of specifically excluded receivables from the assignment

5. Collection Procedures: Detailed procedures for collecting and processing payments

6. Debtor Details: Confidential schedule containing full debtor information and contact details

7. Pricing Mechanism: Detailed calculation methodology for the purchase price if complex pricing is involved