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1. Parties: Identification of the security provider (property owner) and the secured party (typically a lender)
2. Background: Context of the security arrangement, reference to any facility agreement or main debt obligation
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Grant of Security: Core provision creating the security interest over the property
5. Secured Obligations: Definition and scope of the obligations being secured
6. Representations and Warranties: Security provider's confirmations regarding ownership, authority, and property status
7. Covenants: Security provider's ongoing obligations regarding the property and security interest
8. Events of Default: Circumstances triggering enforcement rights
9. Enforcement: Rights and remedies upon default, including power of sale
10. Power of Attorney: Appointment of secured party as attorney for enforcement purposes
11. Further Assurance: Obligation to execute additional documents and take necessary steps
12. Miscellaneous: Standard boilerplate provisions including notices, amendments, assignment
13. Governing Law and Jurisdiction: Hong Kong law as governing law and jurisdiction clause
1. Insurance: Detailed insurance requirements - include if property insurance is not covered in facility documentation
2. Property Management: Include if specific property management obligations need to be imposed
3. Rental Income: Include if the property is or may be leased and rental income is to be secured
4. Multiple Properties: Additional provisions for cases involving multiple properties as collateral
5. Third Party Rights: Include if there are existing third party rights that need to be addressed
6. Priority Arrangements: Include if there are other security interests requiring priority arrangements
7. Environmental Matters: Include for commercial properties with potential environmental issues
1. Property Description: Detailed legal description of the secured property
2. Form of Notice of Assignment: Template for notifying relevant parties of the security interest
3. Secured Obligations: Detailed list or description of secured obligations if complex
4. Existing Encumbrances: List of existing security interests or encumbrances on the property
5. Insurance Requirements: Detailed insurance specifications if applicable
6. Form of Property Manager Consent: Template for property manager acknowledgment if required
7. Required Consents and Registrations: List of required regulatory or third party consents and registrations
Authorisation
Business Day
Charged Property
Collateral
Default Interest
Disposal
Encumbrance
Enforcement Event
Event of Default
Facility Agreement
Finance Documents
Financial Indebtedness
Government Authority
Insurance Policy
Land Registry
Legal Requirements
Losses
Mortgage
Mortgaged Property
Notice
Permitted Security Interest
Power of Attorney
Property Documents
Property Rights
Receiver
Related Rights
Relevant Documents
Secured Obligations
Secured Parties
Security
Security Interest
Security Period
Security Provider
Security Trust Deed
Taxes
Title Documents
Transaction Documents
Valuation Report
Grant of Security
Mortgaged Property
Secured Obligations
Representations and Warranties
Property Covenants
Insurance
Security Perfection
Property Management
Registration
Assignment of Rights
Power of Attorney
Events of Default
Enforcement
Receiver Appointment
Further Assurance
Indemnification
Set-off Rights
Assignment and Transfer
Amendments and Waivers
Notices
Severability
Counterparts
Costs and Expenses
Confidentiality
Third Party Rights
Governing Law
Dispute Resolution
Banking
Real Estate
Financial Services
Property Development
Insurance
Legal Services
Construction
Property Management
Commercial Property
Residential Property
Legal
Real Estate
Credit Risk
Compliance
Banking Operations
Property Management
Security Administration
Loan Operations
Transaction Management
Portfolio Management
Legal Counsel
Property Lawyer
Banking Lawyer
Finance Manager
Credit Risk Manager
Real Estate Manager
Loan Officer
Compliance Officer
Property Developer
Security Trustee
Transaction Manager
Real Estate Director
Chief Legal Officer
Banking Operations Manager
Property Portfolio Manager
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