Security Sharing Agreement for the United Kingdom

Security Sharing Agreement Template for England and Wales

A Security Sharing Agreement under English and Welsh law is a legal document that establishes the relationship between multiple parties holding security interests over the same assets. It sets out the ranking and priority of their respective security interests, establishes mechanisms for enforcement, and provides for the distribution of proceeds upon enforcement. The agreement is governed by English law principles of security and trust, incorporating requirements under the Law of Property Act 1925 and other relevant legislation.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our England and Wales-compliant Security Sharing Agreement

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Security Sharing Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

Upload your Doc

What is a Security Sharing Agreement?

A Security Sharing Agreement is essential in transactions where multiple creditors hold security over the same assets. This document, governed by English and Welsh law, establishes the framework for how secured parties will share and enforce their security interests, determining priority rankings and establishing procedures for enforcement and distribution of proceeds. It is commonly used in syndicated lending, project finance, and other complex financing arrangements where multiple creditors need to coordinate their security rights and enforcement actions.

What sections should be included in a Security Sharing Agreement?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the security arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Security Interests: Description of shared security interests and assets covered

5. Ranking and Priority: Order of priority between security holders

6. Enforcement Provisions: Rights and procedures for enforcing security

7. Distribution of Proceeds: How proceeds from enforcement will be distributed

What sections are optional to include in a Security Sharing Agreement?

1. Standstill Provisions: Used when parties agree to temporarily suspend enforcement rights in specific circumstances

2. Voting Rights: Procedures for decision-making between security holders when multiple security holders need coordination mechanisms

3. Cross-Border Provisions: Addressing international security interests when security involves multiple jurisdictions

What schedules should be included in a Security Sharing Agreement?

1. Schedule of Secured Assets: Detailed list of assets subject to security

2. Form of Accession Deed: Template for new parties joining the agreement

3. Existing Security Documents: List of pre-existing security arrangements

4. Distribution Waterfall: Detailed breakdown of proceeds distribution order

5. Notice Requirements: Forms and procedures for required notices

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing
Construction
Healthcare
Education
Logistics

Relevant Teams

Health and Safety
Operations
Human Resources
Facilities Management
Legal

Relevant Roles

Health and Safety Officer
Operations Manager
Facility Manager
Risk Management Director
Compliance Officer

Find the exact document you need

No matches found.

Security Deposit Agreement

An England & Wales agreement detailing financial security terms for property rentals or commercial transactions.

How Cambridge United Uses Genie AI to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Security Sharing Agreement?

What sections should be included in a Security Sharing Agreement?

What sections are optional to include in a Security Sharing Agreement?

What schedules should be included in a Security Sharing Agreement?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Security Deposit Agreement

Private Security Agreement

Pledge Agreement

Personal Property Security Agreement

Penetration Testing Confidentiality Agreement

Cybersecurity Agreement

Collateral Substitution Agreement

Collateral Agreement

Agreement To Exclude Security Of Tenure

Collateral Substitute Exchange Agreement

Auto Security Agreement

Key Holding Contract

Safe Deposit Box Lease Agreement

Stock Collateral Loan Agreement

Safe Deposit Box Rental Agreement

Purchase Money Security Agreement

Master Loan And Security Agreement

Loan Against Shares Agreement

Cyber Security Agreement

Purchase Security Agreement

Note And Warrant Purchase Agreement

Factoring And Security Agreement

Data Protection Agreement

Consumer Security Agreement

Commercial Pledge Agreement

Membership Interest Pledge Agreement

Membership Interest Agreement

Lease Security Agreement

Irrevocable Pledge Agreement

Guaranty And Security Agreement

Global Master Repurchase Agreement

Data Security Agreement

Information Security Agreement

Confidentiality And Security Agreement

Chattel Security Agreement

Retail Installment Contract And Security Agreement

Subordinated Creditors Security Agreement

Shareholder Agreement Transfer Of Shares

Third Party Collateral Agreement

Stock Transfer Restriction Agreement

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Templates

Contract Templates

Letter Templates

Policy Templates

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

Generate Legal Docs Free