Memorandum Of Charge Template for New Zealand

1. Future Property: Section dealing with security over after-acquired property - include when the charge extends to property acquired after the date of the charge

2. Priority Arrangements: Include when there are multiple security interests over the same property and their priority needs to be established

3. Special Enforcement Rights: Include when specific enforcement mechanisms beyond standard rights are required

4. Receiver Appointment: Include when the Chargee has the right to appoint a receiver over the Secured Property

5. Third Party Rights: Include when third parties have rights or obligations under the charge

6. Registration Provisions: Include specific provisions about registration on the PPSR or other registers when required

1. Schedule 1 - Secured Property: Detailed description of all property subject to the charge, including serial numbers, locations, and other identifying details

2. Schedule 2 - Secured Obligations: Detailed description of all obligations secured by the charge, including reference to underlying agreements

3. Schedule 3 - Existing Security Interests: List of any existing security interests affecting the Secured Property

4. Schedule 4 - Special Terms: Any special terms or conditions applying to specific items of Secured Property

5. Appendix A - Form of Notice: Standard form of any notices required under the charge

6. Appendix B - Registration Details: Details required for registration of the charge on relevant registers