Loan Agreement that allows registration of an interest on the PPSR. Secures repayment over all present and future acquired assets. Includes clauses covering:
- Definitions & Interpretation
- Definitions
- Interpretation
- Receipt Of Loan Advance
- PPSA Provisions
- Registration on PPSR
- Contracting out
- Rights of the Secured Party
- Non-Disclosure
- No further security interest
- Further Assurance
- Interest
- Variable interest
- Recalculation
- Interest only
- Principal and interest
- Capitalisation of interest
- Discharge
- Grantor’s Warranties
- Grantor’s CovenantS
- Payment of money
- Insurance
- Further Advances
- Default
- Powers of secured party
- Independent Advice
- Power Of Attorney
- General Provisions
- Costs
- Severability of provisions
- Waiver
- Other securities
- Notices
- Schedule
Fully formatted in Microsoft word, ready to download edit and use. 15 pages long.