Chapter XLVIII: Section 15: Germany agrees to recognize the full validity of the

treaties of peace and additional conventions to be concluded by the allied and associated powers with the powers allied with Germany; to agree to the decisions to be taken as to the territories of Austria-Hungary, Bulgaria and Turkey, and to recognize the new states in the frontiers to be fixed for them.

Germany agrees not to put forward any pecuniary claim against any allied or associated power signing the present treaty, based on events previous to the coming into force of the treaty.

Germany accepts all decrees as to German ships and goods made by any allied or associated prize court. The Allies reserve the right to examine all decisions of German prize courts.

The treaty is to become effective in all respects for each power on the date of deposition of its ratification.