Secured Loan Agreement Template for Philippines

1. Security Trustee Provisions: Required when there are multiple lenders and a security trustee arrangement

2. Guarantee: Include when there are third-party guarantors for the loan

3. Insurance: Detailed insurance requirements when specific insurance coverage is required for the security

4. Tax Provisions: Extended tax provisions when complex tax implications exist

5. Increased Costs and Illegality: Protection for lenders against regulatory changes, particularly relevant for long-term loans

6. Set-off Rights: Detailed set-off provisions when parties have multiple relationships

7. Agency Provisions: Required for syndicated loans with an agent bank

8. Currency Provisions: Needed when loan or security involves multiple currencies

1. Schedule 1 - Conditions Precedent: List of documents and conditions required before loan drawdown

2. Schedule 2 - Security Assets: Detailed description of all assets provided as security

3. Schedule 3 - Repayment Schedule: Amortization table or repayment terms

4. Schedule 4 - Form of Drawdown Notice: Template for requesting loan disbursements

5. Schedule 5 - Security Documents: Forms of security documents required

6. Schedule 6 - Permitted Security: List of existing or permitted security interests

7. Appendix A - Property Documents: Copies of relevant property titles or documents if real property is security

8. Appendix B - Corporate Authorizations: Corporate resolutions and authorizations of parties