
учебный год 2023 / Drobnig, Principles of European Law of Personal Security
.pdfAnnexes |
|
|
consumer security provider: |
|
|
doorstep transaction |
|
|
– application to security contracts |
414 |
|
– Directive on doorstep transactions |
413 |
|
consumer security provider: |
|
|
form of contract |
|
421 |
– not applicable to security provider’s |
||
relationship to debtor |
|
389 |
consumer security provider: time limit |
||
– limitation of securities by security |
|
|
providers: specific rules |
|
437 |
creation of security |
|
|
– express acceptance |
|
140 |
creditor: information duties |
|
|
– debtor’s default |
|
254 |
– general |
|
253 |
– global security |
|
256-257 |
– sanctions |
256, 257 |
|
creditor’s liability |
|
|
– proprietary security rights |
284-285 |
|
– release of co-providers of security |
284 |
|
dependent security |
|
|
– coverage |
232, 233, 234, 235 |
|
– defences |
|
224 |
– dependency |
102, 103, 208, 210 |
|
– solidary liability |
|
244 |
– subsidiary liability |
244, 246, |
|
|
248, 249, 267 |
|
– time limit |
266, 267, 273, 274 |
|
dependent security provider: relief |
273-274 |
|
global security |
|
|
– need for maximum amount |
114 |
|
– terminology |
|
113 |
independent security |
|
|
– abusive demand |
|
349 |
– on first demand |
|
327 |
– transfer |
|
370 |
interpretation |
|
|
– contra proferentem rule |
|
146 |
– strict – of security |
|
146 |
mandatory rules |
|
137 |
plurality of security providers: |
|
|
internal recourse |
|
|
– general principles |
176, 177, 193 |
|
– measure of internal liability |
181 |
|
– part payment |
|
177 |
– proprietary security provided |
|
|
by debtor |
|
176 |
– restrictions |
|
180 |
– subject to agreement |
|
176, 180 |
plurality of security providers: |
|
|
liability towards creditor |
|
|
– providers of personal and |
|
|
proprietary security |
|
168 |
– ranking of claims |
|
170 |
– solidary liability |
165-166, 167 |
|
security provider: definition |
|
109 |
security provider: rights after |
|
|
performance |
|
|
– reimbursement |
|
310, 374 |
– subrogation |
|
312, 376 |
First demand security |
|
|
economic purpose |
|
79-80 |
qualification as independent |
|
|
security |
|
326-327 |
France |
|
|
aval |
|
134-135 |
co-debtorship for security purposes |
|
|
– classification |
|
161 |
– criteria for security purpose |
|
156, 157 |
– initial –, effects |
|
159 |
– initial –, solidary or separate |
|
|
liability |
|
152, 153 |
– initial –, terminology |
|
152 |
– subsequent cumulative assumption |
||
of debt |
|
153 |
– idem, effects |
|
160 |
– idem, terminology |
|
153 |
comfort letter, binding character |
130 |
|
– commercial practice |
|
129 |
– qualification |
|
130 |
– terminology |
|
108, 129 |
consumer, functional scope |
|
118 |
– person decisive |
|
120-121 |
– personal scope including legal |
|
|
entities |
|
117 |
consumer protection |
|
|
– application of general rules |
|
387 |
– dependent personal securities |
|
384 |
– issue |
|
379 |
– not applicable if creditor also |
|
|
consumer |
|
389 |
548
consumer security provider: |
|
|
|
applicable rules |
|
|
384 |
– abusive clauses |
|
|
394 |
– deviation to disadvantage of |
|
|
|
consumer security provider |
|
394 |
|
– no deviation in favour of consumer |
|
||
in general |
|
|
398 |
– sanctions |
|
|
397 |
– waiver of rights by consumer |
|
395 |
|
consumer security provider: |
|
|
|
creditor’s annual information |
|
|
|
– duty to inform about default |
|
|
|
by debtor |
|
431-432 |
|
– periodicity of duty |
|
|
432 |
– sanctions |
|
|
433 |
consumer security provider: creditor’s |
|
||
precontracual duty of information |
|
||
– extra costs |
|
|
408 |
– good faith |
|
403, 407 |
|
– maximum amount |
|
405, 411 |
|
– sanctions |
|
|
411 |
– special consumer protection |
|
|
|
provisions |
|
403, 405 |
|
consumer security provider: |
|
|
|
doorstep transaction |
|
|
|
– application to security contracts |
|
414 |
|
– creditor |
|
|
415 |
– debtor |
|
|
415 |
– Directive on doorstep transactions |
413 |
||
– security provider |
|
|
414 |
consumer security provider: |
|
|
|
form of contract |
|
|
|
– co-debtorship for security purposes |
423 |
||
– comfort letter, binding |
|
423 |
|
– form |
418-419, 420-421, 422 |
||
consumer security provider: |
|
|
|
nature of liability |
|
|
|
– independent securities |
|
427 |
|
– limitation of security |
|
426 |
|
consumer security provider: time limit |
|
||
– limitation of securities by security |
|
||
providers: specific rules |
|
437 |
|
counter security |
|
|
112 |
creation of security |
|
|
|
– acceptance by creditor’s reliance |
|
141 |
|
– time of – |
|
|
143 |
creditor: information duties |
|
|
|
|
|
|
Index |
– debtor’s default |
|
|
254 |
|
– exception to duty of information |
|
258 |
||
– general |
|
|
252, 253 |
|
– global security |
|
256-257 |
||
– sanctions |
|
|
256, 257 |
|
creditor’s liability |
|
|
|
|
– delayed collection of secured claim |
283 |
|||
– general (damages or discharge) |
|
281 |
||
– proprietary security rights |
285-286 |
|||
– release of co-providers of security |
|
284 |
||
debtor, definition |
|
|
111 |
|
– merchant |
|
|
|
111 |
– and security provider: plurality |
|
|
||
of debtors |
|
|
|
194 |
dependent security |
|
|
|
|
– coverage |
231, 232, 233, 234, 235, 236 |
|||
– defences |
|
218, 219, 220, 221, |
||
|
|
222, 223-224, 225, 226 |
||
– dependency |
|
102-103, 197-198, 204, |
||
205-206, 207, 208, 210, 211, 212 |
||||
– solidary liability |
239-240, 244, 245 |
|||
– subsidiary liability |
244, 246, 247, |
|||
|
|
248-249, 267, 269 |
– time limit 266, 267, 269, 273-274, 277 dependent security provider
– obligations before performance |
297, 298, |
|
|
|
299, 300 |
– relief |
289, 290, 291, 292, 293, 294 |
|
global security |
|
|
– definition |
|
113 |
– need for maximum amount |
114 |
|
– requirement to be determinable |
114 |
|
– terminology |
|
113 |
Grimaldi Commission proposals |
101 |
independent security
– abusive demand 348-349, 350, 351, 352
– causa |
105 |
– defences |
338 |
– demand for performance |
334, 336 |
– historical development |
104, 105, 106 |
– independency |
105 |
– national law |
320, 324 |
– on first demand |
326, 341-342 |
– presumption |
198 |
– qualification; see also Independent security:
on first demand |
325, 326 |
– secured obligations |
326 |
549
Annexes |
|
|
|
– terminology |
|
104, 319 |
|
– time limit |
|
364, 365 |
|
– transfer |
368, 369, 370 |
||
– underlying obligation, reference to |
327 |
||
independent security provider |
|
|
|
– obligations before performance |
336, 337, |
||
|
337-338, 339 |
||
– right to reclaim |
357, 358, 359 |
||
insurance contracts |
|
|
|
– credit insurance |
|
|
132 |
– guarantee insurance |
|
126, 133 |
|
interpretation |
|
|
|
– common intention |
|
|
145 |
– contra proferentem rule |
|
|
146 |
– strict – of security |
|
|
145 |
letters of credit and security |
|
|
329 |
– stand-by – as independent security |
132 |
||
mandatory rules |
|
|
137 |
personal security, contractual nature |
136 |
||
– dependent security as general rule |
128 |
||
– terminology |
|
|
101 |
– typical and atypical |
|
|
101 |
plurality of security providers: |
|
|
|
internal recourse |
|
|
|
– equal treatment of different |
|
|
|
security providers |
|
|
179 |
– general principles |
|
176, 177 |
|
– part payment |
|
177-178 |
|
– proportionate to maximum risk |
|
181 |
|
– separate liability for internal recourse |
182 |
||
– subject to agreement |
|
176, 180 |
|
plurality of security providers: |
|
|
|
liability towards creditor |
|
|
|
– beneficium divisionis |
|
167-168 |
|
– providers of personal and proprietary |
|
||
security |
|
|
168 |
– ranking of claims |
|
|
169 |
– solidary liability |
|
|
167 |
proprietary security, terminology |
|
122 |
|
– third party proprietary security |
|
122 |
|
secured obligation, porte-fort |
|
|
125 |
security obligation, content subject |
|
|
|
to agreement |
|
|
109 |
– content the same as secured |
|
|
|
obligation |
|
|
107 |
– liability for damages |
|
|
108 |
security provider, capacity |
|
|
109 |
– commercial corporations |
110 |
|
– definition |
|
109 |
– public institution |
|
110-111 |
security provider: rights after performance |
||
– debtor’s exceptions |
314 |
|
– documentary credits |
377 |
|
– exclusion of claims |
315 |
|
– general grounds |
308, 313, 314 |
|
– part performance |
|
316, 377 |
– reimbursement |
308, 310, 311, 374 |
|
– reimbursement from incapable |
|
|
debtor |
|
318 |
– subrogation |
312, 313, 317, 376 |
|
Freedom of contract |
|
|
general |
Art. 1:103; 80, 135-136 |
|
mandatory rules as exception |
136-137 |
|
Geneva Uniform Laws |
|
|
parties to – |
|
134 |
precedence of – |
Art. 1:102 (3); 126-127 |
|
Germany |
|
|
aval |
|
134 |
co-debtorship for security purposes |
|
|
– broad concept of co-debtorship |
112, 152 |
|
– classification |
|
161 |
– criteria for security purpose |
156 |
|
– form |
|
158 |
– initial –, effects |
|
159 |
– initial –, solidary liability |
152-153 |
|
– initial –, terminology |
152 |
|
– subsequent |
|
|
cumulative assumption of debt |
153-154 |
|
– idem, effects |
|
160 |
– idem, terminology |
|
153 |
comfort letter, binding character |
129 |
|
– commercial practice |
129 |
|
– qualification |
|
131 |
– terminology |
|
108 |
consumer, functional scope |
119-120 |
|
– person decisive |
|
120 |
– personal scope: natural persons |
117 |
|
– statutory definition |
116 |
|
consumer protection |
|
|
– application of general rules |
387-388 |
|
– assumption of debt |
385 |
|
– independent personal securities |
385 |
550
– not applicable: creditor also |
|
|
|
consumer |
|
|
389 |
– not applicable: security provider’s |
|
|
|
relationship to debtor |
|
|
390 |
consumer security provider: |
|
|
|
applicable rules |
|
|
385 |
– abusive clauses |
|
|
394 |
– deviation in favour of consumer |
|
|
|
security provider |
|
|
398 |
– deviation to disadvantage of |
|
|
|
consumers |
|
|
394 |
– sanctions |
|
|
397 |
– waiver of rights by consumer |
|
396 |
|
consumer security provider: |
|
|
|
creditor’s precontracual duty |
|
|
|
of information |
|
|
|
– error |
|
403, 408 |
|
– good faith |
|
403, 408 |
|
– sanctions |
|
411-412 |
|
consumer security provider: doorstep |
|
||
transaction |
|
|
|
– application to security contracts |
|
414 |
|
– creditor |
|
|
415 |
– debtor |
|
|
415 |
– Directive on doorstep transactions |
413 |
||
– security provider |
|
|
414 |
consumer security provider: |
|
|
|
form of contract |
|
|
|
– co-debtorship for security |
|
|
|
purposes |
|
422-423 |
|
– form |
417-418, 420, 422 |
||
consumer security provider: |
|
|
|
nature of liability |
|
|
|
– independent securities |
|
|
428 |
consumer security provider: time limit |
|
||
– limitation of securities by security |
|
||
providers: specific rules |
|
|
437 |
counter security |
|
|
112 |
creation of security |
|
|
|
– time of – |
|
|
143 |
– usage as to communication of |
|
|
|
acceptance |
|
|
143 |
creditor: information duties |
|
|
|
– debtor’s default |
|
|
255 |
– general |
252-253, 254 |
||
creditor’s liability |
|
|
|
– delayed collection of secured claim |
283 |
|
|
Index |
– general (damages or discharge) |
281 |
|
– other details |
|
281-282 |
– proprietary security rights |
286 |
|
debtor, definition |
111 |
|
– and security provider: |
|
|
plurality of debtors |
194 |
|
dependent security |
|
|
– coverage |
232, 233, 234, 235, 236, 237 |
|
– defences |
218, 219, 220, 221, |
|
|
222, 223, 224, 225-226 |
|
– dependency |
102, 103, 197-198, 204-206, |
|
|
207, 208, 209, 210, 211 |
– solidary liability 239-240, 244, 245, 268
– subsidiary liability |
|
244, 246, 247, |
||
|
|
248, 267, 268, 269 |
||
– time limit |
|
266, 267, 268, 269, |
||
273-274, 275-276, 277, 278 |
||||
dependent security provider |
|
|
||
– obligations before performance |
297, 298, |
|||
|
|
299, 300, 301, 302 |
||
– relief |
289, 290, 291, 293, 296 |
|||
global security |
|
|
|
|
– agreement by standard form |
|
|
||
contract |
|
|
|
114-115 |
– requirement to be determinable |
|
114 |
||
– terminology |
|
|
|
113 |
independent security |
|
|
|
|
– abusive demand |
|
347-348, 349, |
||
|
|
350, 351, 352 |
||
– defences |
|
|
|
338-339 |
– demand for performance |
334-335, |
|||
|
|
|
|
336-337 |
– on first demand |
|
327, 341-342, 343 |
||
– historical development |
104, 106 |
|||
– independency |
|
|
|
105 |
– national law |
|
|
|
321 |
– presumption |
|
|
|
198 |
– qualification |
|
325-326, 327 |
||
– secured obligations |
|
|
328 |
|
– terminology |
|
|
104, 319 |
|
– time limit |
|
|
364, 365 |
|
– transfer |
|
368, 369-370 |
||
– underlying obligation, reference to |
328 |
|||
independent security provider |
|
|
||
– obligations before performance |
335-336, |
|||
|
|
|
|
337 |
– right to reclaim |
|
356, 357, 358, 359 |
551
Annexes |
|
|
insurance contracts |
|
|
– credit insurance |
|
132 |
– guarantee insurance |
126, 133 |
|
interpretation |
|
|
– common intention |
|
145 |
– contra proferentem rule |
|
146 |
– receiver’s horizon |
|
145 |
– strict – of security |
|
146 |
letters of credit and security |
|
329 |
– stand-by – as independent security |
132 |
|
mandatory rules |
|
137 |
personal security, contractual nature |
136 |
|
– dependent security not general |
|
|
model |
|
128 |
– terminology |
|
101 |
plurality of security providers: |
|
|
internal recourse |
|
|
– equal treatment of different |
|
|
security providers |
|
179 |
– general principles |
176, 177, 193 |
|
– part payment |
|
178 |
– proportionate to maximum risk |
181 |
|
– proprietary security provided by |
|
|
debtor |
|
176 |
– separate liability for internal recourse |
182 |
|
– subject to agreement |
176, 180 |
|
plurality of security providers: |
|
|
liability towards creditor |
|
|
– co-debtorship for security purposes |
168 |
|
– independently assumed securities |
167 |
|
– providers of personal and proprietary |
|
|
security |
|
169 |
– ranking of claims |
|
169 |
– solidary liability |
165-166, 167 |
|
– subject to party agreement |
|
165 |
security obligation |
|
|
– content subject to agreement |
109 |
|
– content the same as secured |
|
|
obligation |
|
107 |
– liability for damages |
|
108 |
security provider, capacity |
|
109 |
– commercial corporations |
|
110 |
– definition |
|
109 |
– public institution |
|
110 |
security provider: rights after |
|
|
performance |
|
|
– debtor’s exceptions |
|
314 |
– documentary credits |
377 |
– exclusion of claims |
315 |
– general grounds |
308, 313-314 |
– part performance |
316, 377 |
–reimbursement 308-309, 310, 311, 374
–subrogation 312, 313, 317, 375, 377
Global security (global guarantee) agreement by standard form
contract |
|
114-115 |
applicable rules |
98, 113-114, 201 |
|
definition |
Art. 1:101 (f ); 98, 113 |
|
maximum amount |
|
98, 114 |
requirement to be determinable |
113-114 |
|
restriction of liability by law |
115 |
|
restriction to certain claims |
113 |
|
security for current |
|
|
account |
Art. 1:101 (f ); 113 |
|
terminology |
|
113 |
type of dependent security |
98 |
|
Good faith and fair dealing |
83, 136 |
|
see also independent personal security: abusive |
||
demand |
|
|
Greece |
|
|
aval |
|
134 |
co-debtorship for security purposes |
|
|
– criteria for security purpose |
157 |
|
– initial –, effects |
|
159-160 |
– subsequent cumulative |
|
|
assumption of debt |
|
153 |
– idem, effects |
|
160 |
consumer, functional scope |
119 |
|
– person decisive |
|
120 |
– personal scope including legal |
|
|
entities |
|
117 |
– statutory definition |
116 |
|
consumer protection |
|
|
– application of general rules |
388 |
|
– assumption of debt |
|
385 |
– assumption of co-debtorship |
385 |
|
– dependent personal securities |
385 |
|
– independent personal securities |
385 |
|
consumer security provider: |
|
|
applicable rules |
|
385 |
– deviation in favour of consumer |
|
|
security provider |
|
398 |
– sanctions |
|
397 |
– waiver of rights by consumer |
396 |
552
consumer security provider: creditor’s |
|
||||
precontracual duty of information |
|
||||
– good faith |
|
|
|
403, 408 |
|
– sanctions |
|
|
|
|
411 |
consumer security provider: |
|
|
|
||
form of contract |
417-418, 420, 422 |
||||
– co-debtorship for security |
|
|
|
||
purposes |
|
|
|
422-423 |
|
consumer security provider: |
|
|
|
||
nature of liability |
|
|
|
|
|
– independent securities |
|
|
428 |
||
comfort letter, binding character |
129-130 |
||||
– commercial practice |
|
|
129 |
||
– qualification |
|
|
|
|
130 |
creation of security |
|
|
|
|
|
– acceptance by creditor’s |
|
|
|
||
reliance |
|
|
|
140, 142 |
|
– acceptance by silence or |
|
|
|
||
inactivity |
|
|
|
140, 142 |
|
– express acceptance |
|
140, 142 |
|||
– usage as to significance of silence |
|
142 |
|||
creditor: information duties |
|
|
|
||
– debtor’s default |
|
|
|
255 |
|
– general |
|
|
|
|
253 |
– sanctions |
|
|
|
|
256 |
creditor’s liability |
|
|
|
|
|
– delayed collection of secured claim |
283 |
||||
– general (damages or discharge) |
|
281 |
|||
– proprietary security rights |
284-285, 286 |
||||
– release of co-providers of security |
|
284 |
|||
dependent security |
|
|
|
|
|
– coverage |
231, 232, 233, 234, 235, 237 |
||||
– defences |
|
218-219, 220, 221, 222, |
|||
|
|
223, 224, 225, 226, 227 |
|||
– dependency |
|
102, 103, 204, 205-206, |
|||
|
|
207, 208, 209, 210-211 |
|||
– solidary liability |
|
|
244, 268 |
||
– subsidiary liability |
244, 246, 247, 248, |
||||
|
|
249, 267, 268, 269 |
|||
– time limit |
|
|
266, 267, 268, |
||
|
|
269, 276, 277, 278 |
dependent security provider
–obligations before
performance 297-298, 299, 300, 301, 302
– relief |
289, 291, 292, 293, 294 |
global security |
115 |
independent security
|
|
|
Index |
– abusive demand |
|
347-348, 349, |
|
|
|
350, 351, 352 |
|
– defences |
|
338, 343 |
|
– demand for performance |
|
334 |
|
– on first demand |
|
|
341-342 |
– historical development |
|
|
106-107 |
– national law |
|
|
321 |
– qualification |
|
325, 327 |
|
– terminology |
|
|
104, 319 |
– time limit |
|
|
363 |
– transfer |
|
368, 369, 370 |
|
independent security provider |
|
|
|
– obligations before performance 335, 337 |
|||
– right to reclaim |
356, 357, 358, 359 |
||
insurance contracts |
|
|
|
– credit insurance |
|
|
132 |
– guarantee insurance |
|
|
133 |
interpretation |
|
|
|
– common intention |
|
|
145 |
– contra proferentem rule |
|
|
146 |
– receiver’s horizon |
|
|
145 |
– security provider acting for |
|
|
|
remuneration |
|
|
147 |
– strict – of security |
|
|
146 |
personal security |
|
|
|
– dependent security as general rule |
128 |
||
plurality of security providers: |
|
|
internal recourse
– equal treatment of different security
providers |
|
179 |
– general principles |
|
177 |
– measure of internal liability |
181, 182 |
|
– part payment |
|
178 |
– subject to agreement |
|
176, 180 |
plurality of security providers: |
|
|
liability towards creditor |
|
|
– ranking of claims |
|
170 |
– solidary liability |
|
167 |
security provider: rights after |
|
|
performance |
|
|
– debtor’s exceptions |
|
315 |
– documentary credits |
|
377 |
– exclusion of claims |
|
315 |
– general grounds |
|
308, 313-314 |
– part performance |
|
316, 317 |
– reimbursement |
308-309, 310, 374 |
|
– subrogation |
312, 317, 376, 377 |
553
Annexes |
|
|
|
|
|
|
|
|
stand-by letter of credit: |
|
– security provider and creditor |
351-352 |
|||||
independent security |
|
132 |
– security provider |
|
|
346, 352 |
||
Guarantee |
|
|
|
81 |
exception to independency |
|
344, 345, |
|
see also Dependent personal security |
|
|
|
|
347-348 |
|||
|
|
|
|
|
fraud |
|
|
348-349 |
Illegality |
|
|
|
84 |
good faith |
|
347-348, 349 |
|
Independency |
|
|
|
|
present evidence |
|
|
346, 350 |
see Independent personal security/Indemnities, |
Independent personal security: |
|
||||||
various subtitles |
|
|
|
defences |
|
|
|
|
Independent personal security/ |
|
first demand security |
|
|
340, 343 |
|||
Indemnities |
|
|
Art. 1:101 (b) |
invalidity of security |
|
|
332, 338 |
|
advantages and risks |
|
|
95-96 |
non-compliance of demand |
|
|
||
causa |
|
|
|
105-106 |
with security |
|
|
332, 338 |
definition |
|
|
Art. 1:101 (b); 323 |
security provider’s – |
|
|
|
|
historical development |
80, 88, 104-106 |
against creditor |
332-333, 338, 354 |
|||||
independency, agreement of |
95 |
– assigned claims |
|
|
332-333 |
|||
– general |
81, 94, 105, 124-125, 322-323 |
– exclusions by agreement |
|
333 |
||||
– reference to underlying |
|
– set-off |
|
|
332, 338-339 |
|||
obligation |
|
|
Art. 3:101 (1); 95, |
Independent personal security: |
|
|||
|
|
|
323 327-328, 345 |
demand for performance |
|
|
||
international instruments |
321-322 |
examination by security provider: |
||||||
national laws |
|
|
320-321, 324 |
see Independent security provider: |
||||
presumption |
|
|
196, 198, 323 |
obligations before performance |
|
|||
qualification |
|
|
|
325-326 |
“extend or pay” |
|
|
332, 336-337 |
– as first demand security; see also |
|
form |
|
|
330-331, 334 |
|||
Independent personal security: |
|
terms |
|
|
331, 334-335 |
|||
on first demand |
326-327, 340, 341-342 |
Independent personal |
|
|
|
|||
secured obligations |
|
|
328 |
security: on first demand |
Art. 3:103; 340 |
|||
terminology |
|
|
88, 94, 104, 319-320 |
applicable rules |
|
|
340 |
|
– institution |
|
|
|
319 |
concept |
|
|
341-342 |
– persons |
|
|
|
319-320 |
creditor’s entitlement |
|
340-341, 341-342 |
|
validity |
|
|
|
94, 323 |
creditor’s confirmation of entitlement 342 |
|||
– assumed by consumer |
202, 203, 324 |
documentary security |
|
|
340 |
|||
see also Personal security |
|
|
independency |
|
|
340 |
||
Independent personal security: |
|
Independent security provider: |
|
|||||
abusive demand |
|
Art. 3:104 |
obligations before |
|
|
|
||
abuse of rights |
|
|
347-348, 348-349 |
performance |
Art. 3:102; 330, 333 |
|||
– manifest abuse |
|
345, 349-350 |
defences |
|
|
338-339 |
||
concept |
|
|
|
344-345 |
duty to inform debtor |
|
|
332, 337-338 |
consequences for security provider |
350-351 |
duty to inform creditor |
|
|
333, 339 |
|||
– towards debtor |
|
|
346 |
duty to refuse performance |
|
337 |
||
– towards creditor |
|
|
345-346 |
examination of demand |
331-332, 335-336 |
|||
– restitution; see also |
|
|
|
non compliance with – |
|
|
331-332, 337 |
|
independent security provider: |
|
security provider’s liability for |
|
|||||
right to reclaim |
|
|
346, 351 |
damages |
|
|
333, 339 |
|
debtor’s protection |
|
|
|
see also Independent security: |
|
|||
– creditor |
|
|
346-347, 352 |
demand for performance |
|
|
554
Independent security provider: |
|
|
|
rights after performance |
Art. 3:108; 373 |
||
applicable rules |
|
371-372 |
|
application to documentary credits |
377 |
||
part performance |
|
373, 377 |
|
reimbursement from debtor |
|
372 |
|
– analogy to dependent security |
374 |
||
– differences from dependent security |
375 |
||
– mandate |
|
|
374 |
– operation of law |
|
|
375 |
– relationship between debtor and |
|
||
security provider |
|
|
374 |
subrogation to creditor’s rights |
372, 376 |
||
– based on agreement |
|
|
375 |
– equitable |
|
|
376 |
subrogation to creditor’s |
|
|
|
securities |
|
373, 376-377 |
|
Independent security provider: |
|
|
|
right to reclaim |
|
Art. 3:105 |
|
applicable rules |
|
355,358-359 |
|
conditions |
|
|
|
– abusive demand; see also |
|
|
|
Independent personal |
|
|
|
security: abusive demand |
|
355, 357-358 |
|
– invalidity of security |
|
|
356 |
– non compliance with |
|
|
|
underlying relationship |
|
|
357 |
– non-performance of demand |
354, 356 |
||
– terms of demand disappeared |
354-355 |
||
debtor’s entitlement |
|
|
353 |
security provider’s defences |
|
354 |
|
security provider’s entitlement |
|
353 |
|
– assignment to debtor |
|
|
353 |
– limits of – |
|
|
353 |
Independent personal security: |
|
|
|
with time limits |
Art. 3:106; 363 |
||
applicable rules |
|
363-365 |
|
expiration of time limit |
|
|
361 |
security providers’ maximum liability |
361 |
||
time for demand |
|
|
361 |
time limits, types |
|
361, 362 |
|
Independent personal security: |
|
|
|
without time limit |
|
Art. 3:106 |
|
limitation |
|
362, 365 |
|
Independent personal security: |
|
|
|
transfer |
Art. 3:107; 366 |
||
demand of performance |
366-367, 368-370 |
|
Index |
– prohibition for first demand |
|
security |
Art. 3:107; 366 |
– demand, kind |
367 |
proceeds |
366, 368 |
secured obligation |
370 |
security and secured |
|
obligation |
367, 370-371 |
Insolvency |
|
|
|
debtor’s insolvency, effect |
|
|
|
on security obligation |
92, 200, 208-209, |
||
210, 246-247, 248-249 |
|||
Insurance contracts |
|
|
|
credit insurance |
|
126, 132 |
|
exclusion from these rules |
Art. 1:102 (2); |
||
|
|
|
126 |
guarantee insurance |
Art. 1:102 (2); |
||
|
|
126, 133 |
|
Interpretation |
|
Art. 1:105 |
|
commercial security |
|
|
147 |
common intention |
|
|
145 |
contra proferentem rule |
|
144, 146-147 |
|
general |
|
|
84 |
gratuitously assumed securities |
|
147 |
|
Principles of European Contract Law |
144 |
||
receiver’s horizon |
|
|
145 |
security provider acting for |
|
|
|
remuneration |
|
|
144 |
strict – of security |
|
145-146 |
|
Ireland |
|
|
|
consumer, person decisive |
|
|
121 |
consumer protection |
|
|
|
– dependent personal securities |
|
385 |
|
consumer security provider: creditor’s |
|
||
precontracual duty of information |
|
||
– copy of security agreement |
|
405 |
|
– general principles of law |
|
404 |
|
– special consumer protection |
|
|
|
provisions |
|
404, 405 |
|
– undue influence |
|
408-409 |
|
consumer security provider: |
|
|
|
doorstep transaction |
|
|
|
– creditor |
|
|
415 |
– Directive on doorstep transactions |
413 |
||
consumer security provider: |
|
|
|
form of contract |
|
|
418 |
consumer security provider: nature |
|
||
of liability |
|
|
|
555
Annexes |
|
|
|
– solidary liability |
|
|
427 |
– subsidiary liability: mandatory rule |
427 |
||
creation of security, consideration |
|
142 |
|
dependent security |
|
|
|
– dependency |
102, 207, 211, 212 |
||
– solidary liability |
|
|
239 |
independent security, abusive demand |
348 |
||
interpretation |
|
|
|
– common intention |
|
|
145 |
– strict – of security |
|
|
145 |
mandatory rules |
|
|
137 |
personal security, terminology |
|
102 |
|
plurality of security providers |
|
|
|
– solidary liability towards creditor |
|
166 |
|
security endorsement of bill |
|
|
|
of exchange |
|
127, 135 |
|
security provider: rights after |
|
|
|
performance |
|
|
|
– reimbursement |
|
|
309 |
– subrogation |
|
|
314 |
ISP98 |
|
|
322 |
and creditor’s demand |
|
331-332 |
|
Italy |
|
|
|
aval |
|
|
134 |
co-debtorship for security purposes |
|
|
– criteria for security purpose 156, 157-158
– initial –, solidary liability |
152-153 |
– initial –, terminology |
152 |
– subsequent cumulative |
|
assumption of debt |
154-155 |
– idem, terminology |
153 |
comfort letter, binding character |
129 |
– qualification |
130 |
consumer, functional scope |
118-119 |
– person decisive |
121-122 |
– personal scope limited to natural |
|
persons |
117 |
– statutory definition |
116-117 |
consumer protection |
|
– application of general rules |
388 |
– dependent personal securities |
385 |
– independent personal securities |
385 |
– not applicable: creditor also |
|
consumer |
389 |
– not applicable: security provider’s |
|
relationship to debtor |
390 |
consumer security provider: |
|
|
|
applicable rules |
|
|
385 |
– abusive clauses |
|
394-395 |
|
– deviation to disadvantage |
|
|
|
of consumers |
|
|
394 |
– sanctions |
|
|
397 |
– waiver of rights by consumer |
|
|
395 |
consumer security provider: |
|
|
|
creditor’s annual information |
|
|
|
– periodicity of duty |
|
|
432 |
– sanctions |
|
|
433 |
consumer security provider: creditor’s |
|
||
precontracual duty of information |
|
|
|
– adequate information by |
|
|
|
professionals |
|
|
406 |
– error |
|
|
409 |
– fraud |
|
|
409 |
– general principles of law |
|
|
404 |
– good faith |
|
|
409 |
– sanctions |
|
411, 412 |
|
– special consumer protection |
|
|
|
provisions |
404, 406 |
||
– threat |
|
|
409 |
– undue influence |
|
|
409 |
consumer security provider: |
|
|
|
doorstep transaction |
|
|
|
– application to security contracts |
|
|
414 |
– creditor |
|
|
415 |
– debtor |
|
|
415 |
– Directive on doorstep transactions |
|
413 |
|
– security provider |
|
|
414 |
consumer security provider: |
|
|
|
form of contract |
|
|
421 |
consumer security provider: |
|
|
|
nature of liability |
|
|
|
– independent securities |
|
|
428 |
– solidary liability |
|
|
427 |
– subsidiary liability: mandatory rule |
427 |
||
consumer security provider: time limit |
|
||
– limitation of securities by security |
|
|
|
providers: specific rules |
|
|
437 |
counter security |
|
|
112 |
creation of security |
|
|
|
– acceptance by creditor’s reliance |
|
|
141 |
– express acceptance |
|
|
140 |
– unilateral promise |
|
|
143 |
creditor: information duties |
|
|
|
556
– global security |
|
|
256-257 |
|
– sanctions |
|
|
257-258 |
|
creditor’s liability |
|
|
|
|
– delayed collection of secured claim |
282 |
|||
– general (damages or discharge) |
|
281 |
||
– proprietary security rights |
285-286 |
|||
debtor, definition |
|
|
|
111 |
– and security provider: plurality |
|
|
||
of debtors |
|
|
|
194 |
dependent security |
|
|
|
|
– coverage |
|
232, 233, 235, 236 |
||
– defences |
|
218, 219, 220, 221, |
||
|
|
222, 223, 224, 226, 227 |
||
– dependency |
102, 103, 204, 205, 206, |
|||
|
|
207, 208, 209, 210-211 |
||
– solidary liability |
|
|
239, 267 |
|
– subsidiary liability |
240, 246, 247, |
|||
|
|
248, 249, 267 |
– time limit 266, 267, 273, 274, 277-278
dependent security provider |
|
|
|
|
– obligations before performance |
297, 298, |
|||
|
|
299, 300, 301 |
||
– relief |
289, 290, 291, 292, 293 |
|||
freedom of contract |
|
|
|
136-137 |
global security |
|
|
|
|
– need for maximum amount |
|
|
114 |
|
– terminology |
|
|
|
113 |
independent security |
|
|
|
|
– abusive demand |
|
347-348, 349, |
||
|
350, 351, 351-352 |
|||
– causa |
|
|
|
105 |
– defences |
|
338-339, 343 |
||
– demand for performance |
334-335,336 |
|||
– historical development |
|
105, 106 |
||
– independency |
|
|
|
105 |
– national law |
|
|
|
321 |
– on first demand |
326-327, 341-342 |
|||
– presumption |
|
|
|
198 |
– qualification |
|
325, 326-327 |
||
– secured obligations |
|
|
328 |
|
– terminology |
|
|
104, 319 |
|
– time limit |
|
363, 364-365 |
||
– transfer |
|
368, 369, 370 |
||
– underlying obligation, reference to |
328 |
|||
independent security provider |
|
|
|
|
– obligations before performance |
|
337-338 |
||
– right to reclaim |
356, 357, 358, 359 |
|
|
|
Index |
insurance contracts |
|
|
|
– credit insurance |
|
|
132 |
– guarantee insurance |
|
126, 133 |
|
interpretation |
|
|
|
– common intention |
|
|
145 |
– contra proferentem rule |
|
|
146 |
– gratuitously assumed securities |
|
147 |
|
letters of credit and security |
328-329 |
||
– stand-by – as independent security |
132 |
||
mandatory rules |
|
|
137 |
personal security, contractual nature |
136 |
||
– dependent security as general rule |
|
128 |
|
– terminology |
|
|
101 |
plurality of security providers: |
|
|
|
internal recourse |
|
|
|
– equal treatment of different |
|
|
|
security providers |
|
|
179 |
– general principles |
|
177, 193 |
|
– internal liability per capita |
|
181 |
|
– part payment |
|
|
177-178 |
– proprietary security provided |
|
|
|
by debtor |
|
|
176 |
– subject to agreement |
|
176, 180 |
|
plurality of security providers: |
|
|
|
liability towards creditor |
|
|
|
– beneficium divisionis |
|
|
167-168 |
– independently assumed securities |
|
166 |
|
– ranking of claims |
|
169, 170 |
|
– solidary liability |
|
|
166 |
proprietary security, terminology |
|
122 |
|
– third party proprietary security |
|
122 |
|
security obligation |
|
|
|
– content subject to agreement |
|
109 |
|
– content the same as secured |
|
|
|
obligation |
|
|
107 |
– liability for damages |
|
|
108 |
security provider, capacity |
|
|
109 |
– commercial corporations |
|
109-110 |
|
– definition |
|
|
109 |
– public institution |
|
|
110 |
security provider: rights after performance |
|||
– debtor’s exceptions |
|
|
314 |
– exclusion of claims |
|
|
315 |
– general grounds |
308, 313-314 |
||
– part performance |
|
|
316 |
– reimbursement |
308, 310, 311, 374 |
557