Security Interest Contract Template for Denmark

1. Further Assurance: Additional undertakings to perfect or protect the security interest, used in complex transactions

2. Insurance: Requirements for insurance of physical collateral, used when the collateral consists of physical assets

3. Voting Rights and Dividends: Provisions regarding exercise of rights attached to pledged shares, used for share pledges

4. Bank Account Operations: Provisions regarding operation of pledged accounts, used for account pledges

5. Intellectual Property Provisions: Special provisions for IP rights as collateral, used when IP forms part of the security package

6. Release and Discharge: Conditions for release of security, used in complex transactions or where partial release might be contemplated

7. Power of Attorney: Grant of power of attorney to the pledgee, used where specific actions might need to be taken by the pledgee

1. Description of Collateral: Detailed technical or legal description of the collateral assets

2. Form of Notice: Standard form notices required for perfection (e.g., for receivables or bank account pledges)

3. Registration Forms: Forms required for registration with relevant Danish authorities

4. Secured Obligations: Detailed description of the secured obligations where complex

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

6. Insurance Policies: Details of required insurance coverage for physical collateral

7. Corporate Authorizations: Copies of relevant corporate authorizations and powers of attorney