Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Deposit Pledge Agreement
"Need a Deposit Pledge Agreement under Singapore law for a bank deposit of SGD 5 million, where our subsidiary company is pledging the deposit to secure a trade finance facility with DBS Bank, to be signed by March 2025."
1. Parties: Identifies pledgor and pledgee with full legal details
2. Background: Context of the pledge arrangement and underlying relationship
3. Definitions: Key terms used throughout the agreement including deposit, secured obligations, and enforcement events
4. Pledge: Core pledge provisions and deposit details, including scope and nature of security interest
5. Representations and Warranties: Standard declarations about deposit ownership, authority, and absence of encumbrances
6. Covenants: Ongoing obligations of the pledgor regarding the deposit and maintenance of security
7. Events of Default: Circumstances allowing enforcement of the pledge
8. Enforcement: Rights and procedures upon default, including realization of security
9. Governing Law and Jurisdiction: Choice of Singapore law and jurisdiction provisions
1. Security Trustee Provisions: Required when pledge is held on trust for multiple beneficiaries
2. Bank's Rights: Include when deposit-holding bank has specific requirements or rights
3. Currency Provisions: Required for foreign currency deposits to address exchange rate risks
4. Tax Provisions: Include when tax implications need specific addressing for the pledge arrangement
1. Deposit Account Details: Specific information about pledged accounts including account numbers and deposit amounts
2. Form of Notice: Standard notice template to be sent to bank regarding the pledge
3. Form of Acknowledgment: Template for bank's acknowledgment of the pledge notice
4. Corporate Authorizations: Required corporate approvals and resolutions for the pledge
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.