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Chapter IV
Adding and removing sale offers by the Client

§ 13

Client is allowed to publish on the Stock sale offers of his/her own receivables exclusively when these receivables do exist and information given in the offer is present and true.

§ 14

The alleged purchase price is sum equal to 100% value of the receivable. If the Client decides on other purchase price, he shall inform about its amount expressed in per cent.

§ 15

  1. After subscribing new sale offer by the Client, Administrator - in the name of Client - informs about this fact the debtor obliged to pay given receivable. Information contain notification about the possibility of auctioning the offer for sale and public availability of the offer in case of refuse of payment during 21 days from the date of sending information.
  2. In case of using by the Client option of subscribing the offer without sending notification, the offer is published immediately after the subscription.

§ 16

  1. In case of information return (see § 15), Administrator informs the Client of this fact. Client is obliged to react by:
    • demanding sending the notification under given address, or
    • indicating the current address of the debtor - in such a case Administrator will send information under new address, or
    • confirming the will of publishing receivables sale offer - in this case Administrator after receiving the confirmation will immediately publish the offer without period given for the debtor's reaction mentioned in § 15, or
    • removing the offer.
  2. In case described in § 15 pass. 2 the following provisions are not applicable.

§ 17

In every case of selling the receivable or its satisfying in other way, Client is obliged to remove the offer immediately or modify it in accordance with its current state.

§ 18

  1. After expiration of day due mentioned in § 15, the offer if not removed, is published  by the Administrator during period of 365 days from the date of publication.
  2. In case mentioned in § 15 pass. 2 the offer is published immediately after being added to the Stock register.

§ 19

After 365 days form the date of publication Client is obliged to confirm its actuality to the Administrator. The confirmation is its publication for the period of the next 365 days. If not confirmed, the offer is automatically removed from the system after another 60 days.