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    Security Agreement | UK


    UK lenders, prepare a Security Agreement for a borrower to sign by using this downloadable and easy-to-use template.

    • The borrower grants the lender a security interest in all of the borrower's present and after-acquired property to secure repayment of a loan, operating line, or other credit facilities advanced by the lender to the borrower.
    • The collateral is to be kept at the borrower's address within the United Kingdom and not moved or relocated without the lender's consent.
    • The borrower must keep the collateral insured, and the lender is to be a named beneficiary on the insurance policy.
    • The agreement is in default if there is any material decrease in the value of the security or an adverse change in the borrower's financial situation.
    • Available in MS Word format.
    • Governed by English law and intended to be used only in the United Kingdom.
    Download Type: Microsoft Word
    Last Updated: 18-August-2022
    SKU: 7339
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