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1. Parties: Identification of the secured party (creditor) and the debtor (including full legal names, registration details, and addresses)
2. Background: Context of the security arrangement, reference to any underlying credit facility or loan agreement
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation
4. Grant of Security Interest: Description of the security interest being created and the assets being charged
5. Nature of Security: Whether the security is fixed or floating charge, or both
6. Secured Obligations: Definition of the obligations being secured, including principal, interest, and other amounts
7. Representations and Warranties: Statements of fact and assurances given by the debtor regarding their authority, ownership of assets, etc.
8. Covenants: Positive and negative obligations of the debtor regarding the secured assets and business operations
9. Events of Default: Circumstances that constitute default under the agreement
10. Enforcement Rights: Rights and remedies available to the secured party upon default
11. Power of Attorney: Appointment of the secured party as attorney for specific enforcement purposes
12. Further Assurance: Obligation to execute additional documents and take necessary steps to perfect security
13. Notices: Process and requirements for serving notices under the agreement
14. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
15. Miscellaneous: Standard boilerplate provisions including severability, amendments, and counterparts
1. Intercreditor Provisions: Required when multiple creditors are involved, establishing priority and enforcement rights among creditors
2. Currency Provisions: Needed for cross-border transactions or when secured obligations are in foreign currency
3. Insurance: Detailed insurance requirements when secured assets require specific insurance coverage
4. Environmental Compliance: Required when secured assets include land or industrial property with environmental risks
5. Intellectual Property: Needed when security includes intellectual property rights
6. Bank Accounts: Required when security includes fixed or floating charge over bank accounts
7. Registration Requirements: Specific provisions for registration with multiple authorities (e.g., ROC, CERSAI)
8. Cross-Security: When security is shared across multiple facilities or agreements
1. Schedule 1 - Secured Assets: Detailed description and identification of all assets subject to the security interest
2. Schedule 2 - Secured Facilities: Details of the underlying credit facilities or obligations being secured
3. Schedule 3 - Existing Security Interests: List of any existing security interests or encumbrances on the secured assets
4. Schedule 4 - Forms of Notices: Standard forms for various notices required under the agreement
5. Schedule 5 - Addressees for Notice: Contact details for all parties for notice purposes
6. Schedule 6 - Required Registrations: List of all required registrations and filings for perfection of security
7. Appendix A - Conditions Precedent: List of conditions to be satisfied before security becomes effective
8. Appendix B - Security Enforcement Procedure: Detailed procedure for enforcement of security in case of default
Secured Obligations
Security Interest
Security Period
Event of Default
Enforcement Event
Security Documents
Facility Agreement
Finance Documents
Secured Parties
Security Provider
Charged Property
Fixed Charge
Floating Charge
Permitted Security
Business Day
Authorisation
Encumbrance
Financial Indebtedness
Material Adverse Effect
Potential Event of Default
Receiver
Secured Liabilities
Security Enforcement Notice
Quasi-Security
Related Rights
Relevant Jurisdiction
Security Assets
Security Period
Disposal
Charged Accounts
Perfection Requirements
Priority Agreement
Relevant Authority
Security Trust
Delegate
Distribution
Insurance Policies
Intellectual Property Rights
Losses
Permitted Disposal
Security Release Date
Subsidiary
Tax
Nature of Security
Enforcement Rights
Representations and Warranties
Covenants
Events of Default
Priority and Ranking
Creation of Charge
Asset Protection
Insurance
Filing and Registration
Information Rights
Remedies
Power of Attorney
Further Assurance
Indemnification
Assignment and Transfer
Notices
Confidentiality
Costs and Expenses
Amendments and Waivers
Severability
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Set-off Rights
Termination
Counterparts
Entire Agreement
Banking and Financial Services
Manufacturing
Real Estate and Construction
Information Technology
Healthcare
Retail and Consumer Goods
Infrastructure
Agriculture and Agribusiness
Logistics and Transportation
Energy and Utilities
Telecommunications
Hospitality
Legal
Finance
Risk Management
Compliance
Corporate Banking
Credit
Treasury
Company Secretarial
Business Development
Documentation
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Finance Director
Risk Manager
Credit Manager
Compliance Officer
Security Trustee
Corporate Banking Manager
Relationship Manager
Treasury Manager
Company Secretary
Credit Analyst
Documentation Specialist
Business Development Manager
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