A Collateral Pledge Agreement under Belgian law is a crucial security document used in various financing transactions where a party (the Pledgor) grants security over movable assets in favor of another party (the Pledgee) to secure certain obligations. The document must comply with the Belgian Pledge Act of 2013, which modernized the Belgian security interest regime, and may also need to address the Financial Collateral Law of 2004 for certain types of assets. This agreement is commonly used in both bilateral and syndicated lending arrangements, acquisition financing, asset-based lending, and other secured transactions. The document needs to address specific Belgian law requirements for creation and perfection of security interests, including registration in the National Pledge Register where applicable, and must contain appropriate enforcement mechanisms that comply with Belgian law.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Pledgor, Pledgee, and any other relevant parties
2. Background: Context of the pledge agreement, reference to underlying obligations/facilities
3. Definitions and Interpretation: Key terms used throughout the agreement, including specific Belgian law concepts
4. Creation of Pledge: Express creation of the pledge right, scope, and nature of the security interest
5. Secured Obligations: Definition and scope of the obligations secured by the pledge
6. Perfection Requirements: Steps required to perfect the pledge, including registration requirements
7. Representations and Warranties: Pledgor's declarations regarding ownership, authority, and condition of collateral
8. Pledgor's Obligations: Ongoing obligations regarding maintenance and preservation of collateral
9. Rights and Obligations of the Pledgee: Pledgee's powers and responsibilities regarding the collateral
10. Enforcement: Enforcement mechanisms and procedures under Belgian law
11. Application of Proceeds: Order of application of enforcement proceeds
12. Power of Attorney: Appointment of Pledgee as attorney for perfection and enforcement
13. Costs and Expenses: Allocation of costs related to creation, maintenance, and enforcement
14. Notices: Communication requirements and contact details
15. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdictional matters
1. Security Agent Provisions: Required when the pledge is created in favor of a security agent acting for multiple beneficiaries
2. Parallel Debt: Include when using a security trustee structure to address Belgian law limitations on trust concepts
3. Financial Collateral Arrangements: Special provisions when the collateral consists of financial instruments or cash accounts
4. Subordination Provisions: Include when there are multiple creditors with different rankings
5. Release and Discharge: Detailed provisions on release conditions, if not covered in facility documentation
6. Tax Provisions: Specific tax-related provisions when pledge has tax implications
7. Currency Conversion: Include for cross-border transactions involving multiple currencies
1. Description of Collateral: Detailed description of pledged assets including all required identification details
2. Form of Registration Statement: Template for National Pledge Register registration
3. List of Bank Accounts: Required when pledge includes bank accounts as collateral
4. Form of Notice to Third Parties: Template notices for account banks or other relevant third parties
5. Perfection Requirements: Checklist of specific actions required for different types of collateral
6. Powers of Attorney: Forms of powers of attorney required for registration and enforcement
7. Corporate Authorizations: Forms of corporate approvals required from the Pledgor
Find the exact document you need
Cyber Security Agreement
A Belgian law-governed agreement establishing cybersecurity services, obligations, and compliance requirements between parties, incorporating local and EU regulatory requirements.
Download
Receivables Pledge Agreement
A Belgian law security document creating a pledge over receivables, requiring National Pledge Register registration and compliance with the Belgian Pledge Act.
Download
Pledge And Security Agreement
A Belgian law-governed agreement establishing security interests over assets as collateral for secured obligations, compliant with the Belgian Pledge Act.
Download
Collateral Pledge Agreement
A Belgian law security document creating a pledge over movable assets, structured under the Belgian Pledge Act and related legislation.
Download
Cash Collateral Agreement
Belgian law-governed agreement establishing terms for cash collateral arrangements, compliant with Belgian Financial Collateral Law and EU regulations.
Download
Convertible Bond Agreement
A Belgian law agreement documenting terms of convertible bonds, combining debt financing with the right to convert into company shares under specified conditions.
Download
Holding Deposit Contract
A Belgian law agreement securing a property transaction through a holding deposit, establishing terms for deposit management and transaction completion.
Download
Collateral Contract
Belgian law-governed agreement establishing security interests over assets to secure specified obligations, compliant with Belgian financial collateral legislation.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it