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    Ontario Share Pledge Agreement


    Obtain a pledge of securities from a borrower under this Share Pledge Agreement, pursuant to the provisions of the Ontario Personal Property Security Act.

    • A borrower pledges shares of stock to a lender, to be held as security for a loan that the lender is making to the borrower.
    • The borrower agrees to pledge any additional, substitute or replacement shares issued in its name.
    • The borrower retains the right to vote the shares.
    • The agreement contains a limitation on personal liability clause with respect to the borrower's responsibility for any deficiency owing after disposition of the shares.
    • This form is a fully customizable legal template that you can use as often as you need to.
    • Intended for use only in the Province of Ontario, Canada.
    Download Type: Microsoft Word
    Last Updated: 07-October-2022
    SKU: 4936