The Security Agreement Form is a fundamental legal instrument in Pakistani financial and commercial transactions, used to create and document security interests over assets. This document is essential when a party (the Security Provider) needs to provide collateral to secure obligations owed to another party (the Security Holder), typically in financing arrangements, loan agreements, or other commercial transactions. The agreement must comply with Pakistani legislation, particularly the Financial Institutions (Secured Transactions) Act 2016, Contract Act 1872, and relevant registration requirements. It covers crucial aspects such as the description of secured assets, obligations being secured, enforcement rights, and the process for realizing security in case of default, all while ensuring adherence to local legal requirements and market practices.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the Security Provider (Chargor) and Security Holder (Chargee) with full legal names and addresses
2. Background: Context of the security arrangement, reference to any underlying agreements, and purpose of the security
3. Definitions and Interpretation: Definitions of key terms used in the agreement and interpretation rules
4. Grant of Security Interest: Core provision creating the security interest, specifying type of security (fixed/floating charge, mortgage, pledge, etc.)
5. Secured Obligations: Definition and scope of the obligations being secured
6. Representations and Warranties: Security Provider's confirmations regarding ownership, authority, and status of collateral
7. Covenants: Ongoing obligations of the Security Provider regarding maintenance and protection of collateral
8. Further Assurance: Obligation to execute additional documents and take actions to perfect security
9. Enforcement: Rights and remedies of the Security Holder upon default
10. Power of Attorney: Appointment of Security Holder as Security Provider's attorney for security-related matters
11. Notices: Process for serving notices between parties
12. Assignment and Transfer: Rights to assign or transfer the security interest
13. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction details
1. Islamic Finance Compliance: Required when the security arrangement needs to comply with Shariah principles
2. Cross-Border Security Provisions: Required when collateral is located in multiple jurisdictions
3. Third Party Rights: Required when third parties have interests in the collateral or agreement
4. Currency Provisions: Required when secured obligations involve foreign currency
5. Insurance Requirements: Detailed insurance obligations when collateral requires specific insurance coverage
6. Special Custody Arrangements: Required for specific types of collateral requiring custodian arrangements
7. Registration Requirements: Special provisions for registration with specific Pakistani authorities based on collateral type
1. Schedule 1 - Collateral Description: Detailed description of all assets subject to the security interest
2. Schedule 2 - Secured Obligations: Detailed list of secured obligations if complex or multiple agreements involved
3. Schedule 3 - Perfection Requirements: List of specific actions required to perfect the security under Pakistani law
4. Schedule 4 - Form of Notice: Standard forms for notices to third parties regarding the security interest
5. Schedule 5 - Registration Forms: Forms required for registration with relevant Pakistani authorities
6. Schedule 6 - Existing Encumbrances: List of any existing security interests or encumbrances on the collateral
7. Appendix A - Power of Attorney Format: Standard format for Power of Attorney required under Pakistani law
Find the exact document you need
Non Binding Agreement
A non-binding agreement template under Pakistani law for documenting business intentions and proposed collaborations without creating legal obligations.
Download
Lease Option (Real Estate)
A Pakistani law-governed agreement combining property lease terms with a future purchase option, integrating both common law and Islamic law principles.
Download
Business Agreement
A Pakistani law-compliant business agreement template for establishing commercial relationships between business entities.
Download
Unregistered Sale Agreement With Possession
A Pakistani law-compliant unregistered property sale agreement that facilitates immediate possession transfer while documenting the transaction terms and parties' obligations.
Download
Enforceable Agreement
Standard enforceable agreement template compliant with Pakistani law and the Contract Act 1872, suitable for various business transactions.
Download
Franchise Agreement Draft
A legal agreement under Pakistani law establishing the terms and conditions for operating a franchise business, including rights, obligations, and operational requirements of both franchisor and franchisee.
Download
Standard Form Contract
A standardized contract template compliant with Pakistani law, designed for consistent use across business transactions.
Download
Legal Agreement Between Two Parties
Standard two-party legal agreement template compliant with Pakistani law and jurisdiction, suitable for various business relationships.
Download
Simple Agreement
Basic contract template compliant with Pakistani law, suitable for straightforward business arrangements and general commercial use.
Download
Mutual Agreement Between Two Parties
A bilateral agreement template compliant with Pakistani law, establishing legal relationships between two parties with clearly defined mutual rights and obligations.
Download
Incorporation Agreement
A Pakistani law-governed agreement establishing a new company's structure, governance, and shareholder relationships under SECP regulations.
Download
Contract For Selling A Car
A Pakistani law-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and compliance requirements.
Download
Business Transfer Agreement
A legally binding agreement under Pakistani law facilitating the complete transfer of business operations, assets, and liabilities between entities.
Download
Tooling Agreement
A Pakistani law-governed agreement establishing terms for industrial tooling manufacture, supply, and maintenance, incorporating local manufacturing regulations and standards.
Download
Service Agreement Terms And Conditions
A Pakistani law-governed agreement establishing terms and conditions for service provision between provider and client.
Download
Representation Agreement
A Pakistani law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, outlining representation terms and obligations.
Download
Provisional Agreement
A Pakistani law-governed interim agreement establishing temporary terms between parties while working towards a final agreement.
Download
Model Tenancy Agreement
A standardized rental agreement template compliant with Pakistani property laws and regulations, establishing terms between landlord and tenant.
Download
Land Agreement Between Two Parties
A Pakistani law-governed agreement for transferring land ownership between two parties, detailing property specifications, consideration, and transfer terms.
Download
Buyer Agency Agreement
A Pakistani law-governed agreement establishing a professional relationship between a property buyer and real estate agent, defining services, obligations, and compensation terms.
Download
Subordination Agreement Mortgage
A Pakistani law-governed agreement establishing priority ranking between multiple mortgages over the same property, determining the hierarchy of security interests between lenders.
Download
Agreement To Perform Work
A Pakistani law-governed agreement defining terms and conditions for specific work performance between contracting parties.
Download
Commercial Lease Form
A Pakistani law-compliant agreement establishing terms and conditions for commercial property leasing, including rights, obligations, and regulatory requirements.
Download
Simple Car Sale Agreement
A legally binding agreement under Pakistani law for the sale and transfer of ownership of a motor vehicle between two parties, documenting essential sale terms and conditions.
Download
Employee Accommodation Agreement
A Pakistan-compliant agreement governing employer-provided accommodation arrangements, outlining terms of occupancy and mutual obligations.
Download
Employment Contract Form
A Pakistani law-compliant employment contract establishing terms and conditions between employer and employee.
Download
Lease Agreement
A Pakistani law-compliant agreement establishing terms and conditions for property rental, governed by the Transfer of Property Act and provincial regulations.
Download
Contractual Agreement
A standard Contractual Agreement template compliant with Pakistani law, suitable for establishing legally binding business relationships.
Download
Security Agreement Form
A Pakistani law-governed agreement creating security interests over assets, establishing rights and obligations between security provider and holder under local secured transactions legislation.
Download
Labour Contract Agreement For Construction Of House
A comprehensive labor contract for house construction projects in Pakistan, ensuring compliance with local labor laws and construction regulations.
Download
House Construction Agreement Between Owner Contractor
A Pakistani law-governed agreement between property owner and contractor for house construction, detailing construction terms, specifications, and obligations.
Download
Lodger Agreement
A Pakistani law-compliant agreement establishing terms for a lodger to share accommodation with a homeowner, covering rights, responsibilities, and living arrangements.
Download
Consulting Agreement
A Pakistani law-governed agreement establishing terms and conditions between a client and consultant for professional consulting services.
Download
Head Of Terms Agreement
A preliminary agreement under Pakistani law outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations and final agreements.
Download
Supply Contract Form
Standard Supply Contract Form compliant with Pakistani law, governing commercial supply relationships between parties for goods and materials.
Download
Business Contract
A business contract template compliant with Pakistani law, establishing terms and conditions for commercial relationships between parties.
Download
Business Purchase Agreement
A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of a business, including all relevant assets, liabilities, and obligations.
Download
Bike Sale Agreement
A Pakistani law-governed agreement for the sale and purchase of motorcycles, ensuring legal transfer of ownership and compliance with local regulations.
Download
Umbrella Agreement
A Pakistani law-governed master agreement establishing framework terms for future specific agreements between parties.
Download
Master Service Agreement
A Pakistani law-governed framework agreement establishing terms and conditions for ongoing service relationships between parties, with provisions for specific service orders.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)