A Business Security Agreement is essential when a business seeks financing and needs to provide collateral as security. This document, governed by U.S. commercial law, particularly the UCC, creates a legally enforceable security interest in the borrower's assets. It protects the lender's interests by establishing rights over the collateral while allowing the borrower to continue using the assets in their business operations. The agreement typically includes detailed descriptions of the collateral, maintenance requirements, default provisions, and enforcement mechanisms.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of secured party and debtor
2. Background: Context of the security agreement and underlying obligations
3. Definitions: Key terms used throughout the agreement including UCC-specific terminology
4. Grant of Security Interest: Formal creation of security interest in specified collateral
5. Description of Collateral: Detailed description of assets serving as security
6. Representations and Warranties: Debtor's statements about ownership and condition of collateral
7. Covenants: Ongoing obligations of the debtor regarding maintenance and protection of collateral
8. Events of Default: Circumstances constituting default under the agreement
9. Remedies: Secured party's rights and remedies upon default
1. Insurance Requirements: Specific obligations to maintain insurance on collateral
2. Third Party Consents: Requirements for obtaining third party approvals for security interest
3. Intercreditor Provisions: Rules governing relationships between multiple secured parties
1. Schedule A - Collateral Description: Detailed inventory and description of all assets serving as collateral
2. Schedule B - Permitted Liens: List of pre-existing or permitted encumbrances on collateral
3. Schedule C - Filing Locations: List of jurisdictions where UCC financing statements must be filed
4. Exhibit A - Form of Financing Statement: Template UCC-1 financing statement for filing
Relevant legal definitions
Agreement
Collateral
Default
Event of Default
Effective Date
Secured Obligations
Secured Party
Debtor
Permitted Liens
Proceeds
Security Interest
UCC
Financing Statement
Business Day
Guarantor
Lien
Material Adverse Effect
Obligations
Perfection
Priority
Records
Related Documents
Supporting Obligations
Term
Transaction Documents
Accounts
Chattel Paper
Commercial Tort Claims
Deposit Accounts
Documents
Equipment
Fixtures
General Intangibles
Goods
Instruments
Intellectual Property
Inventory
Investment Property
Letter-of-Credit Rights
Payment Intangibles
Collateral
Default
Event of Default
Effective Date
Secured Obligations
Secured Party
Debtor
Permitted Liens
Proceeds
Security Interest
UCC
Financing Statement
Business Day
Guarantor
Lien
Material Adverse Effect
Obligations
Perfection
Priority
Records
Related Documents
Supporting Obligations
Term
Transaction Documents
Accounts
Chattel Paper
Commercial Tort Claims
Deposit Accounts
Documents
Equipment
Fixtures
General Intangibles
Goods
Instruments
Intellectual Property
Inventory
Investment Property
Letter-of-Credit Rights
Payment Intangibles
Clauses
Grant of Security Interest
Representations and Warranties
Covenants
Default
Remedies
Perfection
Maintenance of Collateral
Insurance
Inspection Rights
Further Assurance
Assignment
Indemnification
Notices
Governing Law
Jurisdiction
Severability
Amendment
Waiver
Entire Agreement
Counterparts
Priority
Release of Collateral
Survival
No Third Party Beneficiaries
Expenses and Costs
Authorization
Confidentiality
Force Majeure
Intercreditor Relations
Termination
Representations and Warranties
Covenants
Default
Remedies
Perfection
Maintenance of Collateral
Insurance
Inspection Rights
Further Assurance
Assignment
Indemnification
Notices
Governing Law
Jurisdiction
Severability
Amendment
Waiver
Entire Agreement
Counterparts
Priority
Release of Collateral
Survival
No Third Party Beneficiaries
Expenses and Costs
Authorization
Confidentiality
Force Majeure
Intercreditor Relations
Termination
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Credit Agreement Margin Account
A U.S.-governed agreement establishing terms for margin lending between a broker-dealer and customer for securities trading.
find out more
Model Intercreditor Agreement
A U.S.-law governed agreement establishing rights and priorities between different classes of creditors in secured financing transactions.
find out more
Simple Loan Agreement With Collateral
A U.S. legal agreement establishing terms for a secured loan, including collateral provisions and repayment terms.
find out more
Sale Of LLC Interest Agreement
A U.S. legal agreement documenting the sale and transfer of ownership interests in a Limited Liability Company from one party to another.
find out more
Sale Of Shares Agreement LLC
A U.S. legal agreement documenting the sale and transfer of ownership interests in a Limited Liability Company.
find out more
Collateral Substitute Exchange Agreement
A U.S. legal agreement enabling the exchange of existing loan collateral with substitute collateral while maintaining security interests under UCC provisions.
find out more
Chattel Mortgage Security Agreement
A U.S. legal document creating a security interest in movable property (chattel) to secure a loan, governed by the UCC and state laws.
find out more
Pre Lease Deposit Agreement
A U.S. legal document securing a deposit payment prior to executing a formal lease agreement, subject to state-specific property laws.
find out more
Lending Agreement With Collateral
A U.S.-governed agreement establishing terms for a secured loan, including collateral provisions and security interests under UCC.
find out more
Security Agreement Contract
A U.S.-governed agreement creating a security interest in collateral to secure an obligation, subject to UCC Article 9.
find out more
Pledge Security Agreement
A U.S. law-governed agreement creating a security interest in assets to secure an obligation, subject to UCC Article 9.
find out more
Auto Security Agreement
A U.S. legal document creating a lender's security interest in a motor vehicle under UCC Article 9 and state laws.
find out more
Restaurant Investment Contract
A U.S.-governed agreement establishing terms for restaurant business investment, including ownership rights and profit-sharing arrangements.
find out more
Broker Dealer Referral Agreement
A U.S.-governed agreement establishing terms for referring clients to broker-dealers, compliant with SEC and FINRA regulations.
find out more
Key Holding Contract
A U.S.-compliant agreement governing the professional storage and management of property keys by a security service provider.
find out more
Security Interest Agreement
A U.S. legal document creating an enforceable security interest in collateral under UCC Article 9 to secure an obligation.
find out more
Safe Deposit Box Lease Agreement
A U.S.-governed agreement between a financial institution and customer for the rental and use of a secure storage box within the institution's premises.
find out more
Mortgage Security Agreement
A U.S. legal document creating a security interest in real property to secure a loan, subject to federal and state mortgage regulations.
find out more
Stock Collateral Loan Agreement
A U.S.-governed agreement establishing terms for a loan secured by stocks or securities, subject to federal and state securities regulations.
find out more
Pledged Collateral Account Control Agreement
A U.S. tri-party agreement establishing control over accounts pledged as collateral under UCC Article 9.
find out more
Tri Party Collateral Agreement
A U.S.-governed agreement between three parties establishing terms for custody and management of collateral assets, including rights and obligations of pledgor, secured party, and custodian.
find out more
Safe Deposit Box Rental Agreement
A U.S.-compliant contract establishing terms for renting a secure storage box from a financial institution.
find out more
Purchase Money Security Agreement
A U.S. legal document under UCC Article 9 that creates a security interest in specific purchased goods to secure their financing.
find out more
Master Loan And Security Agreement
A U.S.-governed agreement combining loan terms and security arrangements for secured lending transactions.
find out more
Loan Against Shares Agreement
A U.S.-governed agreement establishing terms for loans secured by shares as collateral, subject to federal and state securities regulations.
find out more
Cyber Security Agreement
A U.S.-governed agreement establishing terms for cybersecurity services, data protection, and incident response procedures.
find out more
Confidentiality Ip And Data Protection Agreement
A U.S.-governed agreement combining confidentiality, IP protection, and data privacy compliance obligations.
find out more
Preferred Stock Subscription Agreement
A U.S.-governed agreement documenting the purchase of preferred stock by investors, including terms, conditions, and rights of the investment.
find out more
Debenture Purchase Agreement
A U.S.-governed agreement for the issuance and purchase of corporate debentures, subject to federal and state securities laws.
find out more
Purchase Security Agreement
A U.S. legal document creating a security interest in property to secure payment or performance of an obligation, governed by UCC Article 9.
find out more
Note And Warrant Purchase Agreement
A U.S.-governed agreement establishing terms for investors to purchase convertible notes and warrants from a company.
find out more
Note And Security Agreement
A U.S. legal document combining a promissory note with a security agreement, establishing loan terms and collateral rights under UCC provisions.
find out more
Global Collateral Account Control Agreement
A U.S.-governed agreement establishing control over global collateral accounts and security interests under UCC regulations.
find out more
Factoring And Security Agreement
A U.S.-governed agreement establishing terms for the sale of accounts receivable to a factor and granting associated security interests.
find out more
Debenture Trustee Agreement
A U.S.-governed agreement appointing a trustee to act on behalf of debenture holders and setting out the terms of the relationship between issuer and trustee.
find out more
Data Protection Agreement
A legally binding agreement governing personal data processing and protection under U.S. federal and state privacy laws.
find out more
Consumer Security Agreement
A U.S. legal document that establishes a lender's security interest in a consumer borrower's property as collateral for a loan or credit.
find out more
Commercial Pledge Agreement
A U.S.-governed agreement establishing a security interest in assets as collateral for securing obligations.
find out more
Collateral Control Agreement
A U.S.-governed agreement establishing third-party control over collateral securing a loan or obligation, subject to UCC Article 9.
find out more
Preferred Equity Agreement
A U.S.-governed agreement establishing terms and conditions for preferred stock issuance, including investor rights and privileges.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)