The Third Party Security Agreement is a crucial document in secured financing arrangements where a third party provides security for another entity's obligations. This agreement is commonly used in Australia when a parent company, related entity, or other third party wishes to provide security for a borrower's obligations to a lender. The document must comply with Australian law, particularly the Personal Property Securities Act 2009 (Cth), and includes detailed provisions regarding the creation and enforcement of security interests, obligations of the security provider, representations and warranties, and enforcement mechanisms. It's essential in various commercial contexts, including corporate group financing, project finance, and asset-based lending, where third-party security is required to support credit arrangements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies all parties to the agreement including the Security Provider, the Secured Party, and the Principal Debtor
2. Background: Explains the context of the security arrangement, including the primary debt or obligation being secured
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation principles
4. Grant of Security Interest: Details the creation and nature of the security interest being granted
5. Secured Property: Describes and identifies the property over which security is being granted
6. Secured Money: Defines the obligations and amounts secured by the agreement
7. Security Provider's Obligations: Sets out the ongoing obligations of the security provider regarding the secured property
8. Representations and Warranties: Contains statements of fact and promises made by the Security Provider
9. Events of Default: Lists circumstances that constitute default under the agreement
10. Enforcement: Details the secured party's rights and powers upon default
11. PPSA Provisions: Specific provisions required under the Personal Property Securities Act
12. Power of Attorney: Appointment of the secured party as attorney in specified circumstances
13. General Provisions: Standard boilerplate clauses including notices, governing law, and jurisdiction
1. Guarantee Provisions: Required when the security provider is also providing a guarantee of the principal debtor's obligations
2. Priority Arrangements: Needed when there are multiple security interests or secured parties requiring priority arrangements
3. Insurance Requirements: Detailed insurance obligations when the secured property requires specific insurance coverage
4. Real Property Provisions: Required when the security extends to real property interests
5. Foreign Currency Provisions: Needed when the secured obligations involve foreign currency
6. Environmental Warranties: Required when the secured property includes land or operations with environmental risks
7. Intellectual Property Rights: Needed when the security includes intellectual property
8. Trust Provisions: Required when the security provider acts as trustee of a trust
1. Secured Property Schedule: Detailed description and/or list of all secured property
2. Secured Obligations Schedule: Details of the underlying obligations being secured
3. Permitted Security Interests: List of pre-existing or permitted security interests over the secured property
4. Form of Notice of Assignment: Template for notifying relevant parties of the security interest
5. Securities Register Details: Registration details for company charges and PPSR registrations
6. Property Locations Schedule: List of locations where secured property is kept or registered
7. Related Security Documents: List of associated security or finance documents
8. Authorised Officers: List of persons authorised to act on behalf of each party
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Commercial Lending
Corporate Finance
Asset Finance
Real Estate and Property
Manufacturing
Agriculture
Mining and Resources
Infrastructure
Retail and Commercial
Transport and Logistics
Technology and Software
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Administration
Security Operations
Asset Management
Commercial Operations
Relevant Roles
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Security Trustee
Credit Manager
Risk Manager
Compliance Officer
Commercial Director
Treasury Manager
Asset Manager
Company Secretary
Financial Controller
Banking Relationship Manager
Security Operations Manager
Find the exact document you need
Alarm Monitoring Agreement
An Australian-law governed agreement for security alarm monitoring services, detailing service provider and client obligations, response protocols, and compliance requirements.
find out more
Motor Vehicle Security Agreement
An Australian legal agreement creating a security interest over a motor vehicle as collateral, compliant with PPSA and state regulations.
find out more
Personal Information Confidentiality Agreement
An Australian law-compliant agreement establishing confidentiality obligations for handling personal information, aligned with the Privacy Act 1988 and APPs.
find out more
Stock Broker Agreement
An Australian-law governed agreement between a stockbroker and client establishing terms for securities trading services and regulatory compliance.
find out more
Hold Deposit Agreement
An Australian jurisdiction agreement that establishes terms for holding, releasing, or forfeiting a deposit between parties, ensuring compliance with local laws and protecting all parties' interests.
find out more
Penetration Testing Confidentiality Agreement
An Australian confidentiality agreement governing the protection of sensitive information during penetration testing services, including test results and discovered vulnerabilities.
find out more
Personal Property Security Agreement
An Australian law agreement creating security interests over personal property under the Personal Property Securities Act 2009 (Cth).
find out more
Data Privacy Contract
Australian-compliant Data Privacy Contract establishing data handling responsibilities and privacy obligations between organizations under Australian privacy laws.
find out more
Collateral Substitution Agreement
An Australian law-governed agreement enabling the substitution of collateral while preserving security interests and ensuring regulatory compliance.
find out more
Agreement To Exclude Security Of Tenure
An Australian legal agreement where landlord and tenant formally agree to exclude statutory lease renewal rights and security of tenure protections.
find out more
Lending Agreement With Collateral
An Australian law-governed agreement establishing terms for a loan secured by collateral, including security arrangements and PPSA compliance.
find out more
Key Holding Contract
An Australian-law governed agreement for professional key holding services, establishing terms for secure key management and property access.
find out more
Stock Collateral Loan Agreement
An Australian law-governed agreement establishing terms for a loan secured by stocks or securities as collateral, including security arrangements and PPSA compliance.
find out more
Pledged Collateral Account Control Agreement
An Australian law-governed agreement establishing control arrangements over pledged collateral accounts between a pledgor, secured party, and depositary bank.
find out more
Global Collateral Account Control Agreement
An Australian law-governed agreement establishing control over collateral accounts and security interests, defining rights and procedures for Account Holders, Secured Parties, and Account Banks.
find out more
Collateral Control Agreement
An Australian law-governed agreement establishing the framework for collateral management and control in secured financing arrangements, defining rights and obligations between lender, borrower, and collateral manager.
find out more
Preferred Equity Agreement
An Australian law-governed agreement establishing terms and conditions for preferred equity investment, including investor rights, economic terms, and regulatory compliance requirements.
find out more
Membership Interest Agreement
An Australian law-governed agreement establishing terms and conditions for company membership interests, including rights, obligations, and member relationships.
find out more
Lease Security Agreement
An Australian law-governed agreement creating security interests over lease rights and obligations, compliant with PPSA and state property legislation.
find out more
Guaranty And Security Agreement
An Australian law-governed agreement combining personal guarantees with security interests in assets, providing comprehensive protection for secured parties under PPSA and related legislation.
find out more
Global Master Repurchase Agreement
An Australian law-governed master agreement for repurchase transactions, establishing standardized terms for securities financing between financial counterparties.
find out more
Auto Loan Security Agreement
An Australian-law governed agreement establishing vehicle loan terms and security interest, complying with national consumer credit and personal property securities legislation.
find out more
Stock Escrow Agreement
An Australian-law governed agreement establishing terms for holding shares in escrow, detailing control and release conditions between shareholders, company, and escrow agent.
find out more
Chattel Security Agreement
An Australian law agreement creating a security interest over personal property (chattel) under the PPSA 2009, securing performance of obligations between parties.
find out more
Trademark Security Agreement
An Australian law agreement creating security interests over trademarks under PPSA and Trade Marks Act requirements.
find out more
Retail Installment Contract And Security Agreement
An Australian retail financing agreement that combines installment payment terms with security interests in purchased goods, compliant with Australian consumer credit and security laws.
find out more
Sublease Deposit Agreement
An Australian legal agreement establishing terms for security deposit handling in sublease arrangements, complying with state-specific tenancy laws.
find out more
Personal Loan Contract With Collateral
An Australian law-governed personal loan agreement with security interests over collateral, compliant with national consumer credit protection legislation.
find out more
Convertible Bond Subscription Agreement
An Australian law-governed agreement detailing terms for convertible bond subscription, including debt terms and equity conversion rights.
find out more
Shareholder Agreement Transfer Of Shares
An Australian law-governed agreement facilitating the transfer of company shares between parties, outlining terms, conditions, and regulatory compliance requirements.
find out more
Third Party Collateral Agreement
An Australian law-governed agreement where a third party provides collateral to secure another party's obligations, compliant with PPSA requirements.
find out more
Security Control Agreement
An Australian law-governed agreement establishing security holder control rights, voting mechanisms, and governance arrangements over a company or entity.
find out more
Key Holding Agreement
An Australian agreement governing professional key holding services, including secure key storage, access management, and emergency response protocols.
find out more
Inventory Security Agreement
An Australian law agreement creating security interests over inventory assets under the PPSA regime, establishing rights and obligations for secured financing.
find out more
Loan Agreement With Security
An Australian law governed agreement establishing loan terms and conditions with security provisions, detailing both lending terms and collateral arrangements.
find out more
Reinsurance Security Agreement
An Australian law agreement establishing security arrangements between reinsurer and cedant, securing reinsurance obligations through collateral arrangements.
find out more
Debenture Subscription Agreement
An Australian law-governed agreement setting out terms for debenture subscription, including investment terms, security arrangements, and compliance requirements.
find out more
Convertible Promissory Note Purchase Agreement
An Australian law-governed agreement for the issuance and purchase of convertible promissory notes, detailing investment terms and conversion rights.
find out more
Commercial Security Agreement
An Australian law-governed agreement creating security interests over personal property under the PPSA framework, establishing rights and obligations between secured parties and grantors.
find out more
Security Account Control Agreement
An Australian law-governed three-party agreement establishing control over deposit accounts as collateral in secured financing transactions.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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)