Share Pledge Agreement (Loan Security) | Canada

Under the terms of this Share Pledge Agreement for Canadian lenders, a borrower pledges shares to the lender as security for the loan.

  • The lender will keep possession of the shares until the loan is repaid.
  • The lender has the right to vote the shares and to receive any benefit (such as dividends) from the shares while the shares are being held as security.
  • This legal form can be used in any Canadian province or territory.
  • Download the Canada Share Pledge Agreement (Loan Security) for your loans department.
Document Type: Microsoft Word
Last Updated: 26-October-2024
SKU: 90
$6.29
Product tags
Related products
Picture of Loan Security Forms Package | Canada

Loan Security Forms Package | Canada

Are you loaning money or extending credit facilities to a customer or other party? Document your security interest as a creditor with this Loan Security Forms Package for Canadian lenders.

  • The package contains the following forms:
    • General Security Agreement,
    • Unconditional Guarantee and Postponement of Claim,
    • Promissory Note to be executed by the borrower.
  • Available in MS Word format.
  • Intended to be used only in Canada.
$46.99
Customers who bought this item also bought
Picture of General Assignment of Rents and Leases | Canada

General Assignment of Rents and Leases | Canada

Before loaning money to a borrower, obtain an assignment of rental and lease income from their rental properties with this downloadable template for Canadian lenders.

  • The borrower assigns to the lender the amount of all rents and leases payable by the tenants in any rental property owned by the borrower.
  • The assignment is given as security for a mortgage loan or other monies being advanced to the borrower by the lender.
  • The tenants will continue to pay the rent to the borrower unless and until the lender gives a written demand for it. This would only happen if the borrower defaults.
  • The lender does not have any liability or obligation under the lease.
  • The Assignment of Rents and Leases can be used in any Canadian province or territory except Quebec.
  • Every commercial loan in Canada should include a General Assignment of Rents and Leases as part of its paperwork. Download the form today.
$17.99
Picture of Subordination Agreement (long form)

Subordination Agreement (long form)

Prepare a Subordination Agreement between two lenders with this long form template.

  • The purpose of the Subordination Agreement (also called a Postponement Agreement) is to induce a new lender to extend a loan to a borrower.
  • One lender (postponing creditor) agrees to subordinate and postpone its security interest under a loan agreement or similar instrument to the interest of a second lender (senior creditor) until the indebtedness owing to the senior creditor has been satisfied.
  • If the borrower's assets are distributed among its creditors, the indebtedness owing to the senior creditor would be paid out first, before distribution to any other creditors.
  • If the borrower is not in default under its obligations to the senior creditor, it may continue to make payments to the postponing creditor in accordance with the terms of the agreement.
  • If the borrower is in default under its obligations to the senior creditor, no payments on the subordinated indebtedness shall be made by the borrower. If the postponing creditor receives any such payments, it must pay them over to the senior creditor.
  • This generic Subordination Agreement is provided in MS Word and is fully editable to meet your needs.
$17.99