Ƶ

Termination Of Security Agreement for Malta

Termination Of Security Agreement Template for Malta

This document serves as a formal agreement to terminate existing security arrangements under Maltese law, typically used when secured obligations have been fully satisfied or require cancellation. It ensures the proper release of security interests, removal of charges from public registers, and return of security documentation. The agreement complies with Maltese legal requirements, including the Civil Code and Financial Collateral Arrangements Regulations, and addresses specific local registration and de-registration procedures. It provides comprehensive protection for both security holders and providers by clearly documenting the discharge of obligations and release of encumbrances.

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
Termination Of Security Agreement

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

What is a Termination Of Security Agreement?

The Termination Of Security Agreement is a crucial document used in Malta when parties wish to formally end their security arrangements, typically following the full repayment of secured obligations or a mutual agreement to release security interests. This document is essential in various financial and corporate scenarios, including loan repayments, refinancing transactions, or corporate restructurings. It must comply with Maltese legislation, including the Civil Code (Chapter 16), Companies Act (Chapter 386), and Financial Collateral Arrangements Regulations. The agreement serves to document the discharge of secured obligations, release of security interests, and includes provisions for de-registration from relevant public registers. It's particularly important in Malta's financial services sector, where proper documentation of security releases is crucial for maintaining clear title and avoiding future disputes.

What sections should be included in a Termination Of Security Agreement?

1. Parties: Identification of the security provider, security holder, and any other relevant parties

2. Background: Details of the original security agreement, date of creation, and reason for termination

3. Definitions: Key terms used in the agreement, including references to the original security agreement and related documents

4. Confirmation of Discharge: Confirmation that secured obligations have been fully satisfied or waived

5. Termination: Express termination of the security agreement and release of security interests

6. Release and Discharge: Formal release of all security interests, charges, and encumbrances

7. Return of Documents: Provisions for the return of any security documents or certificates

8. De-registration: Requirements for removing security interests from relevant registers

9. Representations and Warranties: Confirmations regarding authority to terminate and absence of third-party claims

10. Governing Law and Jurisdiction: Confirmation of Maltese law governance and jurisdiction

What sections are optional to include in a Termination Of Security Agreement?

1. Partial Termination Provisions: Used when only certain security interests or assets are being released while others remain in force

2. Surviving Provisions: Required when certain obligations or rights survive the termination

3. Further Assurance: Include when additional actions may be needed post-termination

4. Costs and Expenses: Include when there are specific arrangements for bearing termination-related costs

5. Third Party Rights: Required when there are other parties with interests in the security arrangement

6. Regulatory Compliance: Include when termination requires specific regulatory notifications or approvals

What schedules should be included in a Termination Of Security Agreement?

1. Original Security Agreement: Copy or details of the security agreement being terminated

2. Released Assets: Detailed list of assets over which security is being released

3. Required Filings: List of all registrations to be terminated and forms to be filed

4. Evidence of Discharge: Proof of satisfaction of secured obligations

5. Form of Public Notices: Templates for any required public notices of termination

6. Powers of Attorney: If required for executing de-registration or related actions

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

Malta

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions












































Clauses


























Relevant Industries

Banking

Financial Services

Real Estate

Manufacturing

Retail

Construction

Energy

Technology

Healthcare

Transportation

Agriculture

Mining

Telecommunications

Relevant Teams

Legal

Finance

Compliance

Risk Management

Corporate Services

Credit Administration

Securities Administration

Corporate Governance

Transaction Management

Banking Operations

Relevant Roles

Legal Counsel

Corporate Lawyer

Finance Director

Chief Financial Officer

Compliance Officer

Security Trustee

Loan Officer

Credit Manager

Risk Manager

Company Secretary

Corporate Services Manager

Transaction Manager

Securities Administrator

Legal Director

Banking Relationship 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

Contract Termination Document

A formal legal document under Maltese law that officially terminates a contractual relationship between parties, specifying termination terms and post-termination obligations.

find out more

Cancellation Of Contract

A Maltese law-compliant document that formally terminates an existing contract between parties, outlining the termination terms and post-cancellation obligations.

find out more

Lease Cancellation

A legal agreement under Maltese law that terminates an existing lease agreement before its natural expiration date, setting out termination terms and mutual obligations.

find out more

Termination And Release Agreement (Real Estate)

A Maltese law-governed agreement for terminating real estate contracts and releasing parties from related obligations, including property handover and settlements.

find out more

Letter To Apartment To End Lease

A Malta-compliant formal letter template for tenants to terminate their residential lease agreement, following local legal requirements and procedures.

find out more

Cessation Of Employment Letter

A formal letter governed by Maltese law that documents the termination of employment, including termination details and final arrangements.

find out more

Mutual Termination Of Lease

A Maltese law-governed agreement that formally terminates a lease by mutual consent of landlord and tenant, setting out termination terms and mutual releases.

find out more

Early Termination Of Lease Agreement By Tenant

A Maltese law-compliant agreement enabling tenants to legally terminate their lease before the originally agreed end date, specifying termination terms and obligations.

find out more

End Of Lease Form

A Maltese legal document that formalizes the termination of a lease agreement and records the final property handover details under Maltese law.

find out more

Termination Of Commercial Lease

A Maltese law-governed agreement documenting the mutual termination of a commercial lease, including property handover and financial settlement terms.

find out more

Assignment Of Lease Agreement

A Maltese law agreement transferring lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Termination Of Lease Letter

A formal notice document under Maltese law used to officially terminate a lease agreement, ensuring compliance with local property legislation and notice requirements.

find out more

Residential Lease Termination Agreement

A Maltese law-compliant agreement for formally terminating a residential lease between landlord and tenant, outlining termination terms and final settlements.

find out more

Not Renewing Lease Letter

A formal notification letter used in Malta to inform either landlord or tenant about the decision not to renew an existing lease agreement, complying with Maltese property law requirements.

find out more

House Contract Termination Letter

A formal letter for terminating residential lease agreements in Malta, compliant with local housing laws and regulations.

find out more

End Of Tenancy Contract

A Maltese law-compliant agreement that formally terminates a residential lease, settling all final obligations between landlord and tenant.

find out more

Contract Termination Letter To Vendor

A formal notice under Maltese law to terminate a vendor contract, including termination details and remaining obligations.

find out more

Termination Of Agency Agreement

A Maltese law-governed agreement that formally terminates a commercial agency relationship, setting out termination terms and compliance with local and EU requirements.

find out more

Lease Termination Contract

A Maltese law-governed agreement that formally terminates a lease between landlord and tenant, outlining termination terms and mutual obligations.

find out more

Ending Rental Agreement Early

A Maltese law-compliant agreement for the early termination of a residential lease, outlining termination terms and mutual obligations between landlord and tenant.

find out more

House Rent Agreement Cancellation Letter

A formal letter for terminating a residential lease agreement under Maltese law, providing official notice from tenant to landlord.

find out more

Termination Of Tenancy Agreement By Tenant

A Maltese law-compliant document for tenants to formally terminate their existing tenancy agreement, including all necessary termination provisions and settlement arrangements.

find out more

End Of Agreement Letter

A formal notification document under Maltese law used to terminate an existing contractual relationship, specifying termination details and remaining obligations.

find out more

Ending A Fixed Term Tenancy Agreement Early

A Maltese law-compliant agreement for early termination of a fixed-term tenancy, outlining termination terms and settlements between landlord and tenant.

find out more

Hire Purchase Agreement Termination

A Maltese law-compliant document for formally terminating hire purchase agreements, ensuring proper settlement and goods return procedures under local regulations.

find out more

Service Agreement Cancellation Letter

A formal notice governed by Maltese law to terminate an existing service agreement, ensuring legal compliance and proper documentation of the cancellation.

find out more

Termination Of Self Employed Contract

A Maltese law-governed agreement that formally terminates a self-employed contractual relationship, addressing final payments, obligations, and compliance requirements.

find out more

Termination And Mutual Release Agreement

A Maltese law-governed agreement that terminates existing contractual relationships and provides mutual releases from future claims, while settling all outstanding obligations between parties.

find out more

Apartment Cancellation Letter

A formal notice document used in Malta to terminate an apartment lease agreement, complying with local rental laws and regulations.

find out more

Early Termination Of Rental Agreement

A Maltese law-compliant agreement for the early termination of a rental lease, setting out terms for ending the tenancy before its scheduled expiration.

find out more

Termination Of Security Agreement

A Maltese law-governed agreement that terminates existing security arrangements and releases related encumbrances, ensuring proper discharge of security interests and compliance with local registration requirements.

find out more

Cancellation Of Termination Letter

A formal document under Maltese law used to withdraw a previous employment termination notice and reinstate the employment relationship.

find out more

Termination Of Rental Agreement

A legal document under Maltese law that formally terminates a rental agreement between landlord and tenant, outlining termination terms and settlement procedures.

find out more

Termination Of Contract By Agreement

A Maltese law-governed agreement for the mutual termination of an existing contract, setting out termination terms and mutual releases.

find out more

Mutual Agreement To Terminate Employment

A Maltese law-compliant agreement for the consensual termination of employment between employer and employee, addressing all termination-related matters and obligations.

find out more

Mutual Termination Of Employment

A Maltese law-governed agreement documenting the mutual consent between employer and employee to terminate employment relationship and settle all related matters.

find out more

Fixed Term Contract Termination Letter

A formal letter under Maltese law that documents the termination of a fixed-term employment contract, including final arrangements and obligations.

find out more

Cancellation Of Service Contract

A Maltese law-governed agreement that formally terminates an existing service contract between parties, outlining cancellation terms and final obligations.

find out more

Cancellation Of Rent Agreement Letter

A formal letter under Maltese law for terminating a rental agreement, complying with the Private Residential Leases Act 2020 requirements.

find out more

Termination And Release Agreement

A Maltese law-governed agreement that formalizes employment termination and establishes mutual releases between employer and employee, detailing separation terms and claims waiver.

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