Negative Pledge Agreement Template for Pakistan

1. Security Confirmation: Additional section required when the negative pledge is part of a larger security package

2. Further Assurance: Optional provisions requiring the pledgor to take additional actions to protect the beneficiary's interests

3. Costs and Expenses: Include when there's a need to specify responsibility for costs related to preparation and enforcement

4. Assignment and Transfer: Required if parties want to allow or restrict the transfer of rights under the agreement

5. Notices: Detailed notice provisions needed for more complex arrangements or when parties have specific communication requirements

6. Amendments and Waivers: Required for more formal agreements where modification processes need to be specified

7. Severability: Include when there's particular concern about enforceability of certain provisions

1. Schedule 1 - Assets: Detailed list of assets covered by the negative pledge

2. Schedule 2 - Existing Security Interests: List of pre-existing security interests that are permitted to continue

3. Schedule 3 - Form of Compliance Certificate: Template for periodic compliance confirmation by the pledgor

4. Schedule 4 - Permitted Security Details: Detailed description of permitted security interests and their conditions

5. Appendix A - Corporate Authorizations: Copies of relevant corporate approvals and authorizations