Ontario Security Agreement for Franchise

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The Security Agreement grants the franchisor a security interest in all of the present and after-acquired personal property of the franchisee (debtor) including inventory, equipment, fixtures, goods, and all proceeds therefrom.
The security interest will secure any future loan financing, operating lines, or other credit facilities provided by the franchisor to the franchisee.
Buy the form once, use it as often as you like.

Download Type:

Microsoft Word

Last Updated: 14-April-2016

SKU: 7160

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A principal of the franchisee company guarantees the franchisee's obligations and payment of all amounts payable under the Franchise Agreement.
The franchisee company indemnifies the franchisor against losses or claims arising as a result of any default on the part of the franchisee.
The franchisee also acknowledges and agrees to be bound by its covenants as set out in the Franchise Agreement.

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The Checklist covers topics such as:

The Checklist for Becoming a Franchisee is provided as a downloadable MS Word file.

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