Debt Assumption Agreement Template for Austria

1. Security Arrangements: Details of any security or collateral provided by the assuming party, used when additional security is required

2. Conditions Precedent: Any conditions that must be met before the assumption becomes effective, included when there are specific prerequisites

3. Original Debtor's Warranties: Warranties about the debt and related circumstances, included when verification of debt details is crucial

4. Joint and Several Liability: Provisions for shared liability, used when the original debtor retains some responsibility

5. Assignment and Transfer: Restrictions or permissions regarding future transfers, included when parties want to control future transfers

6. Tax Provisions: Allocation of tax responsibilities, included when tax implications are significant

7. Regulatory Compliance: Additional compliance requirements, included when the assumption involves regulated entities

8. Dispute Resolution: Alternative dispute resolution procedures, included when parties prefer arbitration or mediation

1. Schedule 1 - Debt Details: Detailed description of the debt being assumed, including amount, interest rates, and payment terms

2. Schedule 2 - Payment Schedule: Timeline and terms for debt repayment by the assuming party

3. Schedule 3 - Security Details: Description of any security or collateral arrangements

4. Appendix A - Original Debt Agreement: Copy of the original debt agreement referenced in the assumption

5. Appendix B - Corporate Authorizations: Relevant corporate approvals and authorizations for the assumption