Pledge Rights over Receivables, Rights & Assets - Mortgage & Security Rights
Legal establishment of a pledge right as security over receivables, property rights and (business) assets.
A pledge right constitutes the legal creation of a security interest over assets such as receivables, intellectual property, rights or other assets to secure the performance of an obligation.
We structure & document the pledge right on a tailor-made basis, aligned with:
- The nature and scope of the assets to be pledged.
- Existing or parallel security interests.
- The underlying financing documentation.
- Ranking and priority arrangements.
- Applicable law and registration requirements.
The documentation is structured to ensure that the pledge right is legally effective, enforceable and consistent within the overall security
Scope of documentation
The assignment may include:
- Pledge deed and establishment provisions.
- Description of the pledged assets.
- Security over present and future receivables.
- Ranking and priority provisions.
- Provisions regarding collection and enforcement.
- Additional security clauses.
Each request is subject to a preliminary legal assessment to ensure proper structuring.