Share Mortgage Agreement Template for Saudi Arabia

1. Dividend Rights: Detailed provisions regarding the treatment of dividends during the mortgage period - include if shares are likely to generate significant dividends

2. Further Assurance: Additional undertakings to execute documents - include for complex transactions or where multiple jurisdictions involved

3. Tax Provisions: Specific tax-related provisions - include if transaction has significant tax implications

4. Shariah Compliance: Explicit Shariah compliance provisions - include if required by Mortgagee or regulatory requirements

5. Security Agent Provisions: Include when mortgage is created in favor of multiple beneficiaries through a security agent

6. Currency Provisions: Include when secured obligations are in different currencies or cross-border elements exist

1. Schedule 1 - Share Details: Details of the mortgaged shares including share certificate numbers, class, and percentage of company ownership

2. Schedule 2 - Form of Registration Applications: Template forms for registering the mortgage with relevant authorities

3. Schedule 3 - Form of Power of Attorney: Template power of attorney for share-related actions

4. Schedule 4 - Notices and Contact Details: Contact information for all parties for serving notices

5. Appendix A - Corporate Authorizations: Copies of corporate approvals required for the mortgage

6. Appendix B - Relevant Registration Requirements: Checklist of registration requirements and procedures