Chattel Security Agreement Template for India

1. Further Assurance: Additional commitments to perfect the security interest, used when registration or additional documentation may be required

2. Power of Attorney: Appointment of secured party as attorney for specific purposes, included when direct control over collateral may be needed

3. Insurance: Detailed insurance requirements, used when collateral requires specific insurance coverage

4. Permitted Dealings: Rules for allowed usage or disposal of collateral, included when grantor needs specific usage rights

5. Priority Arrangements: Provisions regarding ranking of security interests, used when multiple security interests exist

6. Assignment and Transfer: Rights to assign or transfer the security interest, included when transferability is important

7. Security over Proceeds: Extension of security to proceeds of collateral, used when collateral may be sold or transformed

1. Schedule 1 - Collateral Description: Detailed inventory and description of all secured chattels including serial numbers, locations, and specifications

2. Schedule 2 - Permitted Security Interests: List of pre-existing or permitted security interests over the collateral

3. Schedule 3 - Form of Notice: Template notices for various communications under the agreement

4. Schedule 4 - Insurance Requirements: Specific insurance requirements and minimum coverage levels

5. Schedule 5 - Locations: List of approved locations where collateral may be kept

6. Appendix A - Registration Requirements: Details of required registrations and filings

7. Appendix B - Condition Report: Initial condition report of the collateral at the time of agreement