Security Agreement Form Template for Hong Kong

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

2. Security Over Shares: Specific provisions for share charges, including voting rights and dividends, used when shares form part of the collateral

3. Security Over Intellectual Property: Specific provisions for IP rights, used when IP forms part of the collateral

4. Security Over Insurance Policies: Provisions regarding assignment of insurance policies, used when insurance forms part of the collateral

5. Security Over Contracts: Provisions for assignment of contractual rights, used when contracts form part of the collateral

6. Currency Provisions: Provisions dealing with multiple currencies, used in cross-border transactions

7. Parallel Debt: Creates parallel payment obligations, used in syndicated facilities

8. Power of Attorney: Appointment of security taker as attorney, used when stronger enforcement powers are required

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

2. Schedule 2 - Form of Notice to Account Bank: Template notice to be sent to banks for charged accounts

3. Schedule 3 - Form of Acknowledgment: Template acknowledgment from third parties (e.g., account banks)

4. Schedule 4 - Perfection Requirements: List of required filings and registrations for different types of collateral

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

6. Schedule 6 - Securities/Investments: Details of charged shares or other securities when applicable

7. Appendix 1 - Required Filings: Checklist of all required regulatory filings and registrations

8. Appendix 2 - Specified Contracts: List of material contracts subject to security when applicable