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Collateral Pledge Agreement
"Need a Collateral Pledge Agreement under Singapore law to secure a S$5 million bank loan against company shares and receivables, to be executed by March 2025. The pledged assets will be held by DBS Bank as security agent."
1. Parties: Identification of pledgor and pledgee with full legal details
2. Background: Context of the pledge arrangement and underlying obligations
3. Definitions: Key terms used throughout the agreement
4. Grant of Security Interest: Core pledge provisions and description of collateral
5. Representations and Warranties: Pledgor's declarations regarding ownership and condition of collateral
6. Covenants: Ongoing obligations regarding maintenance and use of collateral
7. Events of Default: Circumstances triggering enforcement rights
8. Enforcement Rights: Pledgee's rights upon default
1. Control Agreements: Required when collateral involves third-party controlled assets such as bank accounts or securities accounts
2. Insurance Requirements: Specific insurance obligations for the collateral when insurance protection is needed
3. Cross-Border Provisions: Additional provisions for international arrangements when pledge involves multiple jurisdictions
1. Schedule 1 - Description of Collateral: Detailed listing and description of pledged assets
2. Schedule 2 - Form of Notice: Template notices for third parties regarding the pledge
3. Schedule 3 - Perfection Requirements: Specific steps required to perfect the security interest
4. Appendix A - Valuation Methodology: Agreed methods for valuing the collateral
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