Collateral In Loan Agreement Template for New Zealand

1. Insurance Requirements: Required when the collateral must be insured, specifying required coverage and policy terms

2. Third Party Consent: Needed when third party approval is required for the security arrangement

3. Priority Arrangements: Used when there are multiple security interests requiring priority agreement

4. Cross-Collateralization: Included when the collateral secures multiple obligations

5. Guarantor Provisions: Required when there is a guarantor providing additional security

6. Special Dealing Provisions: Included when specific types of collateral require special handling or treatment

7. Registration and Perfection: Detailed provisions about PPSR registration when specific registration requirements exist

1. Schedule 1 - Collateral Details: Detailed description and identification of all collateral items

2. Schedule 2 - Secured Obligations: Details of the loan agreement and other secured obligations

3. Schedule 3 - Permitted Security Interests: List of any pre-existing or permitted security interests over the collateral

4. Schedule 4 - Location of Collateral: Specified locations where collateral is to be kept

5. Schedule 5 - Form of Notice: Template notices for various situations (e.g., enforcement, insurance claims)

6. Appendix A - Registration Requirements: PPSR registration details and requirements

7. Appendix B - Insurance Requirements: Detailed insurance specifications and requirements