General Security Agreement Template for Germany

1. Bank Accounts: Specific provisions for security over bank accounts, used when bank accounts form part of the collateral

2. Intellectual Property: Special provisions for IP rights as collateral, including registration requirements

3. Insurance: Requirements for insurance of physical collateral, used when tangible assets are involved

4. Further Assurance: Obligations to execute additional documents, used in complex security arrangements

5. Release Provisions: Conditions and process for releasing security, relevant for revolving security arrangements

6. Parallel Debt: Creation of parallel debt structure, used when multiple creditors are involved

7. Data Protection: GDPR compliance provisions, required when personal data is processed

8. Assignment and Transfer: Provisions regarding transfer of security interest, used in syndicated arrangements

1. Schedule 1 - Collateral Description: Detailed description and/or list of all assets subject to the security interest

2. Schedule 2 - Bank Account Details: List of relevant bank accounts and their details

3. Schedule 3 - Form of Notice: Template notices required for perfection of certain security interests

4. Schedule 4 - Filing and Registration Requirements: Checklist of required filings and registrations

5. Schedule 5 - Existing Security Interests: List of permitted existing security interests over the collateral

6. Appendix A - Power of Attorney: Form of power of attorney for enforcement purposes

7. Appendix B - Confirmation Forms: Template forms for third-party confirmations and acknowledgments