Promissory Note And Security Agreement Template for Germany

1. Multiple Creditors: Required when there are multiple payees, addressing their relationships and rights

2. Interest Calculation: Detailed interest calculations for complex interest structures

3. Tax Provisions: Required when specific tax implications need to be addressed

4. Registration Requirements: Required when security interests must be registered

5. Insurance Requirements: Required when collateral must be insured

6. Transfer and Assignment: Required when transfer rights need specific regulation

7. Currency Provisions: Required for cross-border transactions with different currencies

8. Force Majeure: Optional provisions for extraordinary circumstances affecting payment ability

1. Payment Schedule: Detailed schedule of payment dates and amounts

2. Collateral Schedule: Detailed description and documentation of all collateral assets

3. Interest Calculation Schedule: Detailed interest calculation methods and examples

4. Form of Notice: Template for required notices under the agreement

5. Registration Documents: Forms and documents required for security interest registration

6. Prior Encumbrances: List of any existing permitted encumbrances on the collateral