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1. Parties: Identification of the parties: Collateral provider/grantor and collateral receiver/secured party

2. Background: Context of the security arrangement and reference to any primary obligations

3. Definitions and Interpretation: Definitions of key terms and interpretation rules

4. Grant of Security Interest: Creation and nature of the security interest over the collateral

5. Secured Obligations: Description of the obligations being secured by the collateral

6. Representations and Warranties: Statements about ownership, authority, and status of the collateral

7. Covenants: Ongoing obligations regarding maintenance and preservation of the collateral

8. Events of Default: Circumstances constituting default and triggering enforcement rights

9. Enforcement: Rights and procedures for enforcing the security interest

10. Power of Attorney: Appointment of secured party as attorney for enforcement purposes

11. Notices: Process and requirements for serving notices

12. Governing Law and Jurisdiction: Confirmation of Nigerian law as governing law and jurisdiction

1. Schedule 1 - Description of Collateral: Detailed description and identification of the collateral assets

2. Schedule 2 - Secured Obligations: Detailed description of the secured obligations if complex

3. Schedule 3 - Form of Notice: Standard form notices for various purposes

4. Schedule 4 - Permitted Security Interests: List of pre-existing or permitted security interests if any

5. Schedule 5 - Registration Requirements: Details of required registrations and filings

6. Appendix A - Valuation Methodology: Methodology for valuing collateral if required

7. Appendix B - Enforcement Procedures: Detailed procedures for enforcement and sale