Pledge more than receivables

Lower than Belgian rules, a vow over receivables is true between people, and you may enforceable up against businesses (besides brand new borrower of the pledged receivables) because the on the time of its end, provided that the brand new pledgee try eligible stay at website to notify brand new borrower out-of this new pledged receivables of your promise. But not, to become enforceable against the debtors of your receivables, the latest debtors should be informed of promise or the guarantee need to be identified by the borrower, by the use up all your whereof a payment by the debtor to the pledgor holds true as well as the borrower can’t be stored prone to make a second fee to the pledgee. Lees verder “A pledge more receivables are going to be entered to your by the individual agreement”