Dependent Personal Security

Dependent Personal Security in Europe

Dependent Personal Security (in European Private Law)

In this context, this may be a concept of the term: A “dependent personal security” is an obligation by a security provider which is assumed in favour of a creditor in order to secure a present or future obligation of the debtor owed to the creditor and performance of which is due only if, and to the extent that, performance of the latter obligation is due.

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  • Private Law

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