Irrespective of the agreed payment conditions, uncertainties about punctual payment on the part of the customer which occur during the execution of the order entitles our company to demand an advance cash payment as a prerequisite for dispatch. 11. Reservation of Ownership Our company reserves the right to ownership of the delivered goods until full payment of all trade accounts receivable vis-à-vis the purchaser. Cheques and documentary credits are only regarded as payment when they have been cashed. As long as our company has trade accounts receivable vis-à-vis the purchaser he is not allowed to mortgage the goods or to transfer ownership of them. However, he is entitled to sell them in part or in total in proper business transactions. If the goods are mortgaged by a third party the purchaser is obligated to inform our company immediately. The handling or processing of goods supplied by our company which still remain in our ownership always takes place on behalf of our company without, however, this resulting in any liabilities for our company. If the goods our company de- livered are mixed or combined with any other objects the purchaser now transfers co-ownership in the new mixed stock or new object - to the value of our goods in relation to the value of the other mixed or combined components- and shall store this for us with the diligence of a prudent businessman. As a guarantee for all the accounts receivable our company is entitled to vis-à-vis the purchaser, the purchaser shall transfer the full amount of all legal claims vis-à-vis other purchasers, which he is entitled to through re-sale or, if appli- cable, also with regard to the processing or fitting of the goods our company delivered under reservation of ownership. If the value of the existing guarantees exceeds our company's rights to accounts receivable by more than 20 % then our company is, upon request of the purchaser, insofar obligated to release guarantees of our company's choice. 12. Place of Fulfilment and Jurisdiction Place of fulfilment for the delivery is Wunsiedel-Holenbrunn; exclusive place of jurisdiction is Wunsiedel, insofar this is as legally admissible and no agreement to the contrary has been made; place of fulfilment for the payment is Wunsiedel. Glasfabrik LAMBERTS GmnbH&Co KG - D Wunsiedel![]()