Collateral Assignment Agreement Template for South Africa

1. Insurance Requirements: Specific insurance obligations for the collateral, used when the collateral requires insurance protection

2. Third Party Consents: Requirements for obtaining third party approvals, used when the collateral involves third party rights

3. Power of Attorney: Grant of authority to the Assignee to act on behalf of the Assignor, used in complex enforcement scenarios

4. Tax Provisions: Allocation of tax responsibilities, used when the assignment has significant tax implications

5. Currency Provisions: Requirements for dealing with foreign currency, used in cross-border transactions

6. Registration Requirements: Specific requirements for registering the security interest, used when registration is required by law

1. Schedule 1 - Detailed Collateral Description: Comprehensive list and description of all assets serving as collateral

2. Schedule 2 - Underlying Agreements: List and copies of relevant underlying agreements referenced in the assignment

3. Schedule 3 - Existing Encumbrances: Details of any existing liens or encumbrances on the collateral

4. Schedule 4 - Required Consents: List of required third-party consents and their status

5. Appendix A - Form of Notice: Template for notices to be given under the agreement

6. Appendix B - Registration Forms: Required forms for registering the security interest with relevant authorities