Definition of German Security Transfer Agreement


German Security Transfer Agreement means the German law governed agreement between, among others, Dutch FleetCo and the FleetCo Security Agent in respect of the transfer of title for security purposes (Sicherungsubereignung) of the German Vehicle Fleet.
Sample 1

Examples of German Security Transfer Agreement in a sentence

Each Party acknowledges that Dutch FleetCo has agreed to transfer title, any expectancy/inchoate rights (Anwartschaftsrechte) and all Related Rights relating to the Vehicles to the FleetCo Security Agent in accordance with the German Security Transfer Agreement.