Jurisdiction(s):
United Kingdom
United Kingdom
Key definition
security definition What does security mean? In legal practice, security means money or other assets provided as a guarantee that a legal obligation will be performed, with forfeiture if it is not. In criminal proceedings, it most often refers to a cash deposit or equivalent required as a condition of bail to secure a defendant’s attendance at court and compliance with bail; failure to surrender may lead to forfeiture. The concept and procedures are set by bail legislation and court rules in each jurisdiction. Practice varies: in England & Wales and Northern Ireland, courts commonly take recognisances, with or without sureties, and may require a...
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Security, Guarantees and Intercreditor Review: Validity, Perfection, Priority and Enforcement Options (England and Wales)
Published by a
LexisNexis Restructuring & Insolvency expert
Precedents
Prepared regarding [ name of borrower ] (a limited company registered in England and Wales with company number [ company number ])
Prepared for [ name of lender ]
By [ name of law firm ]
Date: [ date ]
1 Scope
This report addresses the validity and enforceability of the security held by [ name of lender ] (the Lender) in connection with the obligations of [ name of Borrower ] (the Borrower). We have evaluated the enforcement avenues open to you should you elect to pursue enforcement action. Definitions are provided in Appendix 1 to this report. Our analysis is based on the documents you supplied, as itemised in section 4, together with the searches described in Appendix 3. [ We have not undertaken a detailed review of the terms of any relevant loan facilities for the purposes of this report. If you require a review of the loan facilities to assess potential defaults and breaches, please contact us ]...
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Web page updated on 22/05/2026
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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...
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