Canada Share Pledge Agreement (Loan Security)
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.
Last Updated: 14-April-2016