Use this template to prepare an Inventory Security Agreement for Canada, (pursuant to provincial Personal Property Security Act legislation) between a debtor and a supplier (secured party). Provisions of the agreement include:

• The supplier will extend credit to the debtor for the purchase of inventory, parts and accessories from the supplier.
  
• In return, the debtor grants the supplier a security interest in all of the debtor's present and after-acquired inventory, accounts, assets and property.
  
• Title to all inventory supplied remains with the supplier until paid in full.
  
• The debtor may only sell the goods in the ordinary course of its business.

This is a Canadian legal document in MS Word format.