Standard Clause For Charge Over Certificated Shares And Securities (Convert Charge Over Shares)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
💶 Charge over sharesBusiness activity
Charge over sharesThe template aims to provide a standardized and comprehensive clause that can be incorporated into legal agreements, such as loan agreements or security agreements, where the lender seeks to obtain a charge over the borrower's shares and securities. It specifically covers situations where the shares are held in physical form with a paper certificate.
The clause template likely includes provisions related to the creation, registration, and enforcement of the charge. It may outline the obligations of the borrower to take necessary actions to ensure the charge is valid and enforceable, including providing the lender with the relevant share certificates, executing necessary documents, and notifying relevant parties.
Additionally, the template may address issues such as restrictions on the borrower's ability to deal with the charged shares or securities without the lender's consent, the lender's rights and remedies in the event of default or enforcement, and potential circumstances triggering the release or partial release of the charge.
Furthermore, it is likely that the template ensures compliance with the specific legal requirements and standards set forth by UK legislation, such as the Companies Act 2006 or any associated regulations, that govern the creation and registration of charges over shares and securities.
Ultimately, this legal template seeks to provide a clear and legally sound framework for creating a charge over certificated shares and securities in the UK, protecting the interests of the lender while ensuring compliance with relevant laws and regulations.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Voluntary Notice of RLE or PSC Status
In the UK, RLEs are typically large corporations or organizations that have certain legal obligations and responsibilities, such as maintaining accurate records and providing details about their beneficial owners. On the other hand, PSCs are individuals who exert significant influence or control over a UK company, either directly or indirectly, and must also be disclosed.
This legal template would outline the relevant legal requirements and provide a standardized format for an entity or individual to voluntarily notify the appropriate authorities, typically Companies House, of their RLE or PSC status. The template may include sections to input personal details, company information, and relevant declarations. It may also outline any supporting documents or evidence required to validate the disclosure.
By voluntarily submitting this notice, the individual or entity is demonstrating compliance with UK laws and regulations, promoting transparency, and ensuring that there is accurate information available to the authorities and interested parties. Overall, this template serves as a formal means for someone to proactively disclose their RLE or PSC status in accordance with UK legal obligations.
Publisher
Genie AIJurisdiction
England and WalesVeterinary Receptionist Contract
This Veterinary Receptionist contract template is designed for a commercial practice administration organisation (or an individual veterinary receptionist) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of practice administration and practice-administration-related services to be completed by the veterinary receptionist on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the practice administration firm or individual veterinary receptionist on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
