Loan Collateral Agreement Template for Saudi Arabia

1. Security Agent Provisions: Required when a security agent is appointed to hold the security on behalf of multiple lenders

2. Further Assurance: Optional provisions requiring the security provider to take additional actions to perfect or protect the security

3. Power of Attorney: Optional provision granting power of attorney to the lender for perfection or enforcement purposes

4. Currency Provisions: Required when the secured obligations are in a currency other than Saudi Riyals

5. Islamic Finance Provisions: Additional provisions required for specific Islamic financing structures (e.g., Murabaha, Ijara)

6. Registration Authorization: Specific authorization for registration with relevant authorities, required for certain types of collateral

1. Schedule 1 - Collateral Details: Detailed description and/or list of all assets comprising the collateral

2. Schedule 2 - Secured Obligation Details: Details of the underlying loan agreement or other secured obligations

3. Schedule 3 - Form of Notice: Standard forms of notices required under the agreement

4. Schedule 4 - Perfection Requirements: Specific actions required for different types of collateral

5. Schedule 5 - Required Registrations: List of required registrations and filings for different types of collateral

6. Appendix A - Form of Registration Documents: Templates for documents required for registering the security interest

7. Appendix B - Power of Attorney Form: Standard form of power of attorney if required