The Share Charge Agreement is a crucial security document used in Philippine financing transactions where shares in a corporation serve as collateral. It is commonly employed in corporate loans, acquisition financing, project finance, and other secured lending arrangements. The document details the creation and perfection of the security interest, incorporating requirements under the Revised Corporation Code of the Philippines, Securities Regulation Code, and relevant Central Bank regulations. It addresses key aspects such as voting rights, dividend treatment, and enforcement procedures, while ensuring compliance with Philippine corporate law requirements for share transfers and encumbrances. The agreement is particularly important in structured finance transactions and cross-border lending arrangements where Philippine shares form part of the security package.
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.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Chargor (share owner), Chargee (security recipient), and the Company whose shares are being charged
2. Background: Context of the share charge, including reference to the underlying facility or obligation being secured
3. Definitions and Interpretation: Key defined terms and interpretation rules, including Philippine law-specific concepts
4. Creation of Security: Core provisions creating the security interest over the shares, including the nature and scope of the charge
5. Perfection Requirements: Steps required to perfect the security under Philippine law, including registration and notification requirements
6. Representations and Warranties: Chargor's confirmations regarding ownership, authority, and absence of encumbrances
7. Covenants: Ongoing obligations of the Chargor regarding the shares, including maintenance of value and corporate actions
8. Voting Rights and Dividends: Provisions governing exercise of voting rights and receipt of dividends before and after enforcement
9. Events of Default: Circumstances triggering enforcement rights
10. Enforcement: Rights and procedures for enforcing the security, compliant with Philippine law
11. Power of Attorney: Appointment of the Chargee as attorney for security purposes
12. Further Assurance: Obligation to execute additional documents and take further steps if needed
13. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability
14. Governing Law and Jurisdiction: Confirmation of Philippine law governance and jurisdiction of Philippine courts
1. Security Margin and Top-Up: Used when the agreement requires maintenance of a specific security value ratio
2. Stock Dividends and Rights Issues: Include when the shares may be subject to corporate actions affecting share capital
3. Continuing Security: Used when securing revolving or multiple obligations
4. Currency Provisions: Include when the secured obligations are in a different currency from the shares
5. Multiple Chargors: Include when shares are owned by multiple parties
6. Tax Provisions: Detailed tax provisions when significant tax implications exist
1. Share Details: Schedule listing the charged shares, including certificate numbers and shareholding details
2. Form of Notice to Company: Template notice to the company regarding the share charge
3. Form of Acknowledgment: Template acknowledgment from the company
4. Share Transfer Form: Blank but signed share transfer form for enforcement purposes
5. Director's Resignation Letter: Undated resignation letters from directors appointed by the Chargor
6. Corporate Authorizations: Required corporate approvals and board resolutions
7. Annotation Text: Required text for annotating the charge in the stock and transfer book
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Corporate Finance
Investment Banking
Private Equity
Venture Capital
Securities & Capital Markets
Real Estate & Property Development
Manufacturing
Energy & Resources
Technology & Telecommunications
Infrastructure & Construction
Relevant Teams
Legal
Finance
Compliance
Corporate Secretarial
Risk Management
Credit Administration
Investment Banking
Corporate Finance
Securities Administration
Documentation
Relevant Roles
Corporate Lawyer
Finance Manager
Legal Counsel
Compliance Officer
Corporate Secretary
Security Trustee
Investment Manager
Credit Risk Manager
Transaction Manager
Corporate Finance Director
Securities Officer
Due Diligence Officer
Portfolio Manager
Relationship Manager
Documentation Specialist
Find the exact document you need
Pledge Agreement (Real Estate)
A Philippine law-governed security agreement where real property is pledged as collateral to secure a debt or obligation.
find out more
Membership Pledge Agreement
A Philippine law-governed agreement that establishes formal membership terms, rights, and obligations between an organization and its members.
find out more
Motor Vehicle Security Agreement
A Philippine law-governed agreement establishing a security interest in a motor vehicle as collateral for a loan or financial obligation.
find out more
Security Interest Contract
A Philippine law-governed agreement creating a security interest in assets to secure an obligation, subject to the Personal Property Security Act and related legislation.
find out more
Real Estate Security Agreement
A Philippine law-governed agreement creating a security interest over real property as collateral for a loan or obligation.
find out more
Personal Information Confidentiality Agreement
A Philippine law-compliant agreement establishing confidentiality obligations for handling personal information, aligned with the Data Privacy Act of 2012.
find out more
Security Agreement For Promissory Note
A Philippine law-governed security agreement that creates a security interest in collateral to secure obligations under a promissory note.
find out more
Stock Transfer Agreement Gift
A Philippine law-compliant agreement for the gratuitous transfer of corporate shares from a donor to a donee, incorporating necessary tax and regulatory requirements.
find out more
Security Deposit Agreement
A Philippine law-governed agreement establishing terms for handling, maintaining, and returning a security deposit between parties, typically used in property rental or service arrangements.
find out more
Penetration Testing Confidentiality Agreement
A Philippine-law governed agreement establishing confidentiality terms and authorized activities for cybersecurity penetration testing services.
find out more
Data Privacy Contract
A Philippine law-compliant contract governing personal data processing arrangements between parties, aligned with the Data Privacy Act of 2012.
find out more
Collateral Substitution Agreement
A Philippine law-governed agreement enabling the substitution of loan collateral while maintaining security interest continuity and regulatory compliance.
find out more
Agreement To Exclude Security Of Tenure
A Philippine law-compliant agreement that establishes fixed-term employment by excluding security of tenure provisions, subject to Labor Code requirements.
find out more
Security Agreement Contract
A Philippine law-governed agreement creating security interests over collateral to secure obligations, complying with the Personal Property Security Act.
find out more
Stock Collateral Loan Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares of stock, including collateral arrangements and enforcement mechanisms.
find out more
Stock Pledge And Security Agreement
A Philippine law-governed agreement creating a security interest over shares of stock as collateral for securing obligations.
find out more
Tri Party Collateral Agreement
A Philippine law-governed agreement establishing arrangements between three parties for the management and custody of collateral assets.
find out more
Purchase Money Security Agreement
A Philippine law-governed agreement creating a security interest in purchased property, establishing purchase terms and secured party's rights under the Personal Property Security Act.
find out more
Loan Against Shares Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares as collateral, detailing pledge arrangements and security mechanisms.
find out more
Note And Security Agreement
A Philippine law-governed agreement combining loan terms and security arrangements, establishing both debt obligations and collateral rights.
find out more
Debenture Trustee Agreement
A Philippine law-governed agreement appointing and establishing the duties of a trustee to protect debenture holders' interests in a debenture issuance.
find out more
Irrevocable Pledge Agreement
A Philippine law-governed security agreement creating an irrevocable pledge over specific assets as collateral for securing obligations.
find out more
Guaranty And Security Agreement
A Philippine law-governed agreement combining a personal guarantee with security interests in collateral to secure obligations, subject to local secured transactions laws.
find out more
Global Master Repurchase Agreement
A master agreement for repurchase transactions in the Philippines, compliant with BSP and SEC regulations, governing securities financing between financial institutions.
find out more
Equipment Security Agreement
A Philippine law-governed agreement creating security interests in equipment as collateral for loans or obligations, regulated under the Personal Property Security Act.
find out more
Auto Loan Security Agreement
A Philippine law-governed agreement creating a security interest in a financed vehicle, establishing loan terms and collateral arrangements under local banking and consumer protection regulations.
find out more
Personal Security Agreement
A legally-binding agreement under Philippine law that establishes terms and conditions for security service provision, ensuring compliance with RA 5487 and related regulations.
find out more
Omnibus Loan And Security Agreement
A Philippine law-governed agreement combining multiple loan facilities and security arrangements into a single comprehensive financing document.
find out more
Collateral Account Control Agreement
A Philippine law-governed agreement establishing control over a bank account as collateral security between an account holder, secured party, and deposit bank.
find out more
Collateral Account Agreement
A Philippine law-governed agreement establishing security over a bank account and its contents, setting out control and enforcement rights.
find out more
Chattel Security Agreement
A Philippine law-governed agreement creating security interests in personal property (chattel) to secure obligations, regulated under the Personal Property Security Act.
find out more
Account Control Agreement Collateral
A Philippine law-governed tripartite agreement establishing control over deposit accounts as collateral security, enabling perfection of security interests under local law.
find out more
Retail Installment Contract And Security Agreement
A Philippine law-governed agreement combining retail installment sales terms with security provisions for consumer goods purchases, ensuring seller protection and compliance with local consumer protection laws.
find out more
Subordinated Creditors Security Agreement
A Philippine law-governed agreement establishing security interests and creditor priorities in secured financing arrangements, regulating relationships between senior and subordinated creditors.
find out more
Personal Loan Contract With Collateral
A Philippine law-governed agreement establishing terms for a personal loan secured by collateral, including security interest provisions and regulatory compliance requirements.
find out more
Shareholder Agreement Transfer Of Shares
A Philippine law-governed agreement documenting the transfer of shares between shareholders, setting out terms, conditions, and regulatory compliance requirements.
find out more
Stock Transfer Restriction Agreement
A Philippine law-governed agreement that establishes restrictions and procedures for corporate share transfers, protecting existing shareholders' interests and maintaining ownership control.
find out more
Third Party Collateral Agreement
A Philippine law-governed agreement where a third party provides their assets as collateral to secure another party's obligations to a creditor.
find out more
Security Control Agreement
A Philippine-law governed agreement establishing security control measures and compliance requirements, ensuring alignment with local data protection and cybersecurity regulations.
find out more
Key Holding Agreement
A Philippine-compliant agreement establishing terms for professional key custody services, including security protocols and liability arrangements.
find out more
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
.png)