General Security Agreement Template for Pakistan

1. Negative Pledge: Prohibits creation of other security interests over the collateral - used for exclusive security arrangements

2. Insurance: Requirements for insuring collateral - included when collateral includes physical assets

3. Bank Accounts: Specific provisions for charged accounts - used when bank accounts form part of collateral

4. Intellectual Property: Specific provisions for IP security - used when IP forms part of collateral

5. Receivables: Specific provisions for receivables charging - used when receivables form part of collateral

6. Share Security Provisions: Specific provisions for share security - used when shares form part of collateral

7. Priority Arrangements: Provisions regarding ranking of security - used when multiple security interests exist

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

1. Schedule 1 - Collateral Description: Detailed description and categorization of all assets subject to security

2. Schedule 2 - Secured Obligation Documents: List of agreements containing secured obligations

3. Schedule 3 - Form of Notice to Third Parties: Template notices for perfecting security over certain assets

4. Schedule 4 - Security Provider Details: Corporate and registration details of security provider

5. Schedule 5 - Properties: Details of any immovable property included in security

6. Schedule 6 - Bank Accounts: Details of charged bank accounts

7. Schedule 7 - Intellectual Property: Details of charged intellectual property rights

8. Schedule 8 - Form of Accession Deed: Template for additional security providers to accede to agreement