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Master Security Agreement Template for Switzerland

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Key Requirements PROMPT example:

Master Security Agreement

I need a Master Security Agreement under Swiss law for a multinational manufacturing company granting security over various assets including equipment, receivables, and bank accounts to a syndicate of banks, with particular focus on cross-border enforcement provisions.

Document background
The Master Security Agreement is a fundamental document used in Swiss financing transactions to create and perfect security interests over various types of assets. It is typically employed when parties need a comprehensive security arrangement that can accommodate multiple types of collateral and secured obligations under Swiss law. The agreement serves as the primary security document in complex financing structures, establishing the framework for creation, perfection, and enforcement of security interests while ensuring compliance with Swiss security and financial regulations. It is designed to work in conjunction with specific security documents for different asset classes and includes provisions required under Swiss law for effective security interests.
Suggested Sections

1. Parties: Identification of the security provider(s) and security taker(s), including registration details

2. Background: Context of the security arrangement and relationship between parties

3. Definitions and Interpretation: Comprehensive definitions including specific Swiss law terms and concepts

4. Grant of Security Interest: Core security interest provisions, creation and perfection requirements

5. Secured Obligations: Definition and scope of the obligations being secured

6. Representations and Warranties: Standard and Swiss law-specific representations regarding collateral and authority

7. Perfection Requirements: Specific actions required under Swiss law to perfect security interests

8. Maintenance of Collateral: Obligations regarding preservation and maintenance of collateral value

9. Enforcement: Enforcement rights and procedures compliant with Swiss law

10. Application of Proceeds: Order of application of enforcement proceeds

11. Power of Attorney: Appointment provisions for enforcement purposes

12. Further Assurance: Obligations to execute additional documents and take further steps

13. Notices: Communication requirements and procedures

14. Assignments and Transfers: Rules for transfer of rights and obligations

15. Amendments and Waivers: Procedures for modifications and waiver of rights

16. Governing Law and Jurisdiction: Swiss law choice and jurisdiction provisions

Optional Sections

1. Parallel Debt: Required if security trustee structure is used, though less common under Swiss law

2. Currency Provisions: Required for cross-border transactions involving multiple currencies

3. Tax Provisions: Detailed tax provisions if significant tax implications exist

4. Bank Account Control: Required if bank accounts are part of collateral package

5. Insurance Requirements: Detailed insurance obligations if insurable assets are key collateral

6. Regulatory Compliance: Additional regulatory provisions if parties are regulated entities

7. Intercreditor Provisions: Required if multiple secured creditors are involved

Suggested Schedules

1. Schedule 1 - Security Assets: Detailed description of all assets subject to security interests

2. Schedule 2 - Perfection Requirements: Specific actions required for each type of collateral

3. Schedule 3 - Forms of Notice: Template notices for third parties regarding security interests

4. Schedule 4 - Bank Accounts: List of relevant bank accounts if applicable

5. Schedule 5 - Intellectual Property: Details of IP rights if part of security package

6. Schedule 6 - Real Estate: Details of real property if included as collateral

7. Schedule 7 - Form of Accession Deed: Template for additional parties joining the agreement

8. Appendix 1 - Powers of Attorney: Forms of powers of attorney required under Swiss law

9. Appendix 2 - Security Transfer Agreements: Forms for specific asset transfers if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


















































Clauses





























Relevant Industries

Banking & Financial Services

Investment Management

Real Estate

Manufacturing

Technology

Healthcare

Energy

Infrastructure

Telecommunications

Professional Services

Retail & Consumer Goods

Transportation & Logistics

Relevant Teams

Legal

Finance

Treasury

Risk Management

Compliance

Corporate Secretariat

Credit

Investment

Corporate Banking

Transaction Management

Portfolio Management

Securities Administration

Relevant Roles

Chief Legal Officer

General Counsel

Legal Director

Senior Legal Counsel

Legal Counsel

Chief Financial Officer

Finance Director

Treasury Manager

Risk Manager

Compliance Officer

Corporate Secretary

Transaction Manager

Security Trustee

Facility Agent

Credit Manager

Investment Manager

Portfolio Manager

Corporate Banking Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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