Assumption Agreement Template for Austria

1. Security Arrangements: Required when the assuming party needs to provide security for the assumed obligations

2. Transition Provisions: Used when there's a need for a transition period or specific handover requirements

3. Indemnification: Include when specific indemnity provisions are needed beyond the standard assumption

4. Original Debtor's Continuing Obligations: Needed when certain obligations remain with the original debtor

5. Notices: Include for complex agreements where formal communication procedures are important

6. Assignment: Include when transfer rights need to be specifically addressed

7. Severability: Optional boilerplate clause for complex agreements

8. Data Protection: Required when personal data processing is involved

1. Schedule 1 - Original Agreement: Copy or summary of the agreement containing the obligations being assumed

2. Schedule 2 - Assumed Obligations: Detailed list and description of the specific obligations being assumed

3. Schedule 3 - Payment Terms: If applicable, detailed payment obligations and schedules

4. Schedule 4 - Security Documents: If applicable, documents relating to any security arrangements

5. Appendix A - Required Consents: Copies of any third-party consents required for the assumption

6. Appendix B - Corporate Authorizations: Corporate resolutions or other authorization documents