General Security AgreementGeneral Security Agreement • December 11th, 2018
Contract Type FiledDecember 11th, 2018TABLE OF CONTENTSPart Heading Page Part 1Clause 1.Clause 2. InterpretationInterpretation – general"The secured moneys" defined 13 Part 2Clause 3. PaymentCovenant to pay and comply with obligations 4 Part 3 Security Clause 4. Extent of Security Interests 4 Clause 5. Security provisions 5 Clause 6. Negative pledge 5 Part 4Clause 7. Representations and WarrantiesRepresentations and warranties 6 Part 5 Covenants Relating to Land Clause 8. Insurance 6 Clause 9. Use and maintenance of land 7 Clause 10. Compliance with Resource Management Act 1991 7 Clause 11. Unit Titles 8 Clause 12. Leasehold (including cross−lease) 8 Clause 13. Farming provisions 9 Clause 14. Building and other works 9 Part 6 Covenants relating to Personal and Other Property Clause 15. Positive covenants 10 Clause 16. Negative covenants 11 Clause 17. Livestock 13 Clause 18. Insurance 13 Part 7 Default and Enforcement Clause 19. When default occurs 14 Clause 20. Rights and powers of security holder on default 15