Common use of Specific Security Agreements Clause in Contracts

Specific Security Agreements. (a) In relation to any Funded Asset, We may require a Specific Security Agreement to be signed by You. (b) If We require a Specific Security Agreement to be signed: (i) We will provide to You two copies of the Specific Security Agreement; (ii) You must sign the Specific Security Agreement that We provide and return a signed original copy of it to Us; and (iii) We will be entitled to register the Specific Security Agreement and, if We do so, We will pay any registration fees.

Specific Security Agreements. (a) In relation to any Funded Asset, We may require a Specific Security Agreement to be signed by YouYou if that is specified in the Particulars. (b) If We require a Specific Security Agreement to be signed: (i) We will provide to You two copies of the Specific Security Agreement; (ii) You must sign the Specific Security Agreement that We provide and return a signed original copy of it to Us; and (iii) We will be entitled to register the Specific Security Agreement and, if We do so, We will pay any registration fees.