Ƶ

General Security Agreement for Hong Kong

General Security Agreement Template for Hong Kong

A comprehensive security agreement governed by Hong Kong law that creates and evidences a security interest over specified assets or property. The document establishes the terms under which a grantor provides security over its assets to secure its obligations to a secured party, typically in connection with a loan or other financial accommodation. It incorporates Hong Kong-specific requirements for creation, perfection, and enforcement of security interests, including compliance with the Companies Ordinance and other relevant Hong Kong legislation.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
General Security Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a General Security Agreement?

The General Security Agreement is a crucial document in Hong Kong's secured lending landscape, used when a party (typically a borrower) grants security over its assets to secure its obligations to another party (typically a lender). It is commonly used in conjunction with facility agreements, loan documents, or other primary financing arrangements. The agreement must comply with Hong Kong security creation and perfection requirements, including registration under the Companies Ordinance where applicable. The document details the secured assets, enforcement mechanisms, and parties' rights and obligations, incorporating Hong Kong law requirements for validity and enforceability of security interests. This type of agreement is essential in both bilateral and syndicated financing arrangements and can cover various types of assets including tangible and intangible property.

What sections should be included in a General Security Agreement?

1. Parties: Identifies and defines the secured party and the grantor of security

2. Background: Sets out the context of the security arrangement and references any related agreements

3. Definitions and Interpretation: Defines key terms and establishes interpretation principles

4. Grant of Security Interest: Creates and establishes the security interest over the collateral

5. Secured Obligations: Defines the obligations being secured by the agreement

6. Representations and Warranties: Grantor's confirmations regarding authority, ownership of collateral, and other key matters

7. Covenants: Ongoing obligations of the grantor regarding the collateral and maintenance of security

8. Further Assurance: Obligations to execute additional documents and take actions to perfect security

9. Enforcement: Rights and remedies of the secured party upon default

10. Power of Attorney: Appointment of secured party as attorney to perfect or enforce security

11. Payments and Proceeds: Treatment of payments received and proceeds of collateral

12. Release and Termination: Conditions and process for releasing security and terminating the agreement

13. Miscellaneous: Standard boilerplate provisions including notices, amendments, governing law

What sections are optional to include in a General Security Agreement?

1. Third Party Rights: Required when third parties have rights in the collateral or agreement

2. Currency Provisions: Needed when secured obligations involve multiple currencies

3. Tax Gross-up: Include when payments under the agreement may be subject to withholding tax

4. Security Agent Provisions: Required in syndicated arrangements with multiple secured parties

5. Intellectual Property Rights: Include when collateral includes IP rights

6. Insurance Provisions: Detailed insurance requirements when collateral requires specific insurance

7. Priority Arrangements: Include when there are multiple security interests requiring subordination or priority arrangements

8. Control Agreements: Required when security includes bank accounts or investment property

What schedules should be included in a General Security Agreement?

1. Schedule 1 - Collateral Description: Detailed description of all assets subject to security

2. Schedule 2 - Form of Notice: Standard forms for notices to third parties regarding the security

3. Schedule 3 - Secured Party Details: Contact details and payment instructions for secured party

4. Schedule 4 - Existing Security Interests: List of permitted existing security interests over collateral

5. Schedule 5 - Locations of Collateral: Details of where physical collateral is located

6. Schedule 6 - Required Filings: List of necessary registrations and filings

7. Appendix A - Forms of Security Documents: Additional forms for specific types of collateral

8. Appendix B - Perfection Requirements: Jurisdiction-specific requirements for perfecting security

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

Jurisdiction

Hong Kong

Publisher

Ƶ

Document Type

Service Agreement

Cost

Free to use
Relevant legal definitions














































Clauses







































Relevant Industries

Banking

Financial Services

Manufacturing

Real Estate

Trading

Retail

Technology

Infrastructure

Energy

Transportation

Healthcare

Construction

Agriculture

Mining

Telecommunications

Relevant Teams

Legal

Finance

Treasury

Risk Management

Compliance

Corporate Secretarial

Credit

Operations

Commercial

Documentation

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Corporate Lawyer

Risk Manager

Treasury Manager

Commercial Director

Company Secretary

Credit Manager

Compliance Officer

Security Trustee

Loan Officer

Corporate Banking Manager

Transaction Manager

Documentation 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

Find the exact document you need

Nominee Service Agreement

A Hong Kong law-governed agreement establishing the terms and conditions for nominee services, including corporate representation and regulatory compliance obligations.

find out more

Cherry Picker Risk Assessment

A Hong Kong-compliant risk assessment document for cherry picker operations, outlining hazards, safety measures, and regulatory requirements.

find out more

Maintaining SLA

A Hong Kong law-governed agreement defining maintenance service levels, performance standards, and obligations between service provider and client.

find out more

Letter Of Intent To Study

A Hong Kong-governed formal document expressing a student's intention to enroll in an academic program at an educational institution.

find out more

Professional Services Agreement

Hong Kong law-governed agreement establishing terms for professional service provision, including scope, payment, and key protections for both parties.

find out more

Service Payment Receipt

A Hong Kong-compliant receipt document acknowledging payment for services rendered, including transaction details and parties involved.

find out more

Master Securities Loan Agreement

A Hong Kong law-governed framework agreement for securities lending transactions, establishing terms for multiple securities loans between parties.

find out more

Individual Confidentiality Agreement

A Hong Kong law-governed agreement establishing confidentiality obligations between an individual and an organization, protecting sensitive business information and trade secrets.

find out more

Service Of Work Contract

A Hong Kong law-governed agreement defining terms and conditions for provision of professional services between a service provider and client.

find out more

Turn Down Letter

A Hong Kong-compliant formal letter communicating the rejection of an application or request, with reasoning and necessary legal safeguards.

find out more

Contract For Selling A Car With Payments

A Hong Kong law-governed agreement for the sale of a vehicle with structured payment terms, including ownership transfer and payment conditions.

find out more

Service Level Agreement Between Two Companies

A Hong Kong law-governed agreement defining service levels, performance metrics, and obligations between service provider and recipient companies.

find out more

Rental Lease Cancellation Letter

A formal letter for terminating a rental lease agreement under Hong Kong law, specifying termination details and handover arrangements.

find out more

Maintenance Invoice

A Hong Kong-compliant billing document for maintenance services that details work performed, costs, and payment terms.

find out more

Consulting Scope Of Work

A Hong Kong law-governed agreement defining consulting services scope, deliverables, and terms between consultant and client.

find out more

Vendor Rebate Agreement

A Hong Kong law-governed agreement establishing terms for vendor rebates based on specified business performance criteria.

find out more

Lodger Tenancy Agreement

A Hong Kong law-governed agreement establishing terms for a lodger arrangement in an owner-occupied property, defining rights and obligations for shared living.

find out more

House Rental Form

A Hong Kong law-governed agreement establishing terms and conditions for residential property rental, compliant with local tenancy regulations.

find out more

Employer's Supporting Letter To Confirm Continuous Employment

A formal Hong Kong employment verification letter confirming an employee's continuous employment status, terms, and duration with their current employer.

find out more

Exclusive Service Provider Agreement

A Hong Kong law-governed agreement establishing an exclusive service provision relationship between a service provider and client, detailing service scope, rights, and obligations.

find out more

Contract For Ownership

A Hong Kong law-governed agreement facilitating the transfer of ownership rights between parties, including terms, conditions, and obligations of the transfer.

find out more

Vendor Partner Agreement

A Hong Kong law-governed agreement establishing terms and conditions between a company and its vendor partner for service or product provision.

find out more

Transport Agreement

A Hong Kong law-governed agreement establishing terms and conditions for transportation services, including service scope, standards, liabilities, and compliance requirements.

find out more

Supply Framework Agreement

A Hong Kong law-governed agreement establishing terms for ongoing supply arrangements between parties, enabling streamlined recurring purchases.

find out more

Service Contract Terms And Conditions

Hong Kong-governed terms and conditions document setting out the legal framework for service provision between providers and customers.

find out more

Service Agreement Terms And Conditions

Hong Kong law-governed terms and conditions document establishing the framework for service provision between provider and client.

find out more

Repair And Maintenance Agreement

A Hong Kong law-governed agreement establishing terms and conditions for property maintenance and repair services between service providers and property owners.

find out more

Rental Verification Letter

A formal document used in Hong Kong to verify tenant occupancy, rental terms, and payment status, typically required for official or financial purposes.

find out more

Rental Guarantee Form

A Hong Kong law-governed document where a guarantor provides security to a landlord for a tenant's obligations under a tenancy agreement.

find out more

Personal Guarantee Lease Agreement

A Hong Kong law-governed agreement where a guarantor provides personal assurance for a tenant's lease obligations.

find out more

Marketing Service Level Agreement

A Hong Kong law-governed agreement defining marketing services, performance standards, and service levels between a service provider and client.

find out more

Lease Transfer Agreement Form

A Hong Kong-compliant agreement that formally transfers lease rights and obligations from an existing tenant to a new tenant with landlord's consent.

find out more

Consultant Offer Letter

A Hong Kong law-governed letter establishing consulting engagement terms between a company and an independent contractor.

find out more

Closing Letter Of Intent

A Hong Kong law-governed document that outlines the final steps and requirements for completing a transaction, including closing mechanics, timing, and legal requirements.

find out more

Childcare Agreement

A Hong Kong law-governed agreement establishing terms and conditions between childcare providers and parents/guardians for professional childcare services.

find out more

Simple Contract For Consulting Services

A Hong Kong law-governed agreement establishing terms and conditions for consulting services between a client and consultant.

find out more

Residential Renovation Contract

A Hong Kong law-governed contract setting out terms and conditions for residential renovation works between property owners and contractors.

find out more

Third Party Manufacturing Contract

A Hong Kong law-governed agreement establishing terms for third-party manufacturing arrangements, including quality standards, IP protection, and production specifications.

find out more

Personal Injury Waiver

A Hong Kong law-governed waiver releasing liability for personal injury claims arising from specified activities or services.

find out more

Software Application Development Agreement

A Hong Kong law-governed agreement for custom software development services, defining project scope, deliverables, and mutual obligations between developer and client.

find out more
See more related templates

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