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1. Parties: Identifies all parties to the agreement including the subordinated creditors, senior creditors, and security trustee
2. Background: Sets out the context of the security arrangement and relationships between parties
3. Definitions and Interpretation: Defines key terms and interpretation rules used throughout the agreement
4. Security Interest Creation: Details the creation and nature of the security interests
5. Subordination Provisions: Specifies the terms of subordination and ranking of security interests
6. Representations and Warranties: Sets out parties' representations regarding their capacity and authority
7. Enforcement: Details enforcement rights and procedures
8. Governing Law and Jurisdiction: Specifies applicable law and courts having jurisdiction
1. Further Assurance: Additional actions parties may need to take to perfect security
2. Power of Attorney: Grants power to execute documents on behalf of other parties
3. Inter-creditor Provisions: Regulates relationships between different classes of creditors
1. Form of Accession Deed: Template for additional parties to join the agreement
2. Secured Assets Schedule: Detailed list of assets subject to security
3. Notice and Acknowledgment Forms: Templates for notifying third parties of security interests
4. Existing Security Interests: Schedule of pre-existing security interests affecting secured assets
Borrower
Business Day
Charged Assets
Debt Documents
Default
Enforcement Action
Enforcement Date
Event of Default
Financial Indebtedness
Group
Guaranteed Obligations
Insolvency Event
Intercreditor Agreement
Liabilities
Loan Agreement
Obligors
Permitted Security
Priority Creditors
Receivers
Secured Assets
Secured Liabilities
Secured Obligations
Secured Parties
Security
Security Agent
Security Documents
Security Interest
Security Period
Security Trust
Senior Creditors
Senior Debt
Senior Finance Documents
Subordinated Creditors
Subordinated Debt
Subordinated Finance Documents
Transaction Documents
Transaction Security
Subordination
Priority of Payments
Ranking and Priority
Representations and Warranties
Covenants
Further Assurance
Power of Attorney
Enforcement
Application of Proceeds
Release of Security
Assignment and Transfer
Information Rights
Default
Remedies
Amendments and Waivers
Costs and Expenses
Indemnities
Set-off
Notices
Confidentiality
Severability
Counterparts
Third Party Rights
Governing Law
Jurisdiction
Service of Process
Intercreditor Provisions
Accession Mechanics
Security Trust Provisions
Termination
Calculations and Evidence of Debt
Currency Conversion
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