Debt Forgiveness Agreement Template for Germany

1. Partial Payment Terms: Used when the agreement includes partial payment of the debt before forgiveness

2. Confidentiality: Include when parties wish to keep the terms of forgiveness private

3. Insolvency Provisions: Required when the forgiveness is part of insolvency prevention measures

4. Corporate Approvals: Necessary when either party is a corporation requiring specific approval processes

5. Security Release: Include when existing security or collateral needs to be released

6. Future Cooperation: Optional terms for ongoing business relationship if relevant

7. Third Party Rights: Include when the debt involves guarantors or other third parties

1. Schedule 1 - Debt Details: Detailed breakdown of the debt being forgiven, including principal, interest, and other charges

2. Schedule 2 - Payment History: Record of payments made against the original debt

3. Schedule 3 - Related Security Documents: List of security documents to be terminated or modified

4. Appendix A - Corporate Resolutions: Copies of relevant corporate approvals if parties are companies

5. Appendix B - Original Loan Documentation: Copies or references to the original debt agreements

6. Appendix C - Tax Declarations: Required tax forms or declarations related to the debt forgiveness