Products tagged with 'collateral security agreement'
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Motor Vehicle Security Agreement | Canada
Obtain a security interest in a borrower's vehicle with this Motor Vehicle Security Agreement for Canadian lenders.
- The borrower (debtor) grants the lender (secured party) a security interest in the borrower's motor vehicle, to induce the lender to give credit to the borrower.
- The borrower will carry fire, theft, collision and comprehensive insurance on the vehicle, and pay all taxes, liens and charges against the vehicle.
- The borrower is not allowed to sell or encumber title to the vehicle as long as the Agreement is in effect.
- This template can be used in any province or territory of Canada except Quebec.
- The legal form template is downloadable and fully editable.
$12.49
Nova Scotia Collateral Mortgage and Promissory Note
Prepare a Collateral Mortgage and Promissory Note for Nova Scotia with this downloadable template.
- The borrower (mortgagor) will continue to hold the land and is responsible for paying all taxes, rates and assessments levied against the land.
- The borrower is responsible for insuring the buildings on the land for full insurable value.
- If the borrower defaults, the lender has the right to appoint a receiver of the property.
- Available in MS Word format.
- Intended to be used only in the Province of Nova Scotia, Canada.
$17.99
Flooring Agreement Promissory Note
Auto suppliers, secure repayment from dealers for vehicles with this Flooring Agreement Promissory Note form.
- The auto dealer must execute the Note as security for payment of the purchase price of the vehicles.
- The Note uses the vehicles being supplied to the dealer as collateral.
- The debt to the supplier will be paid from the proceeds of the sale of the vehicles.
- This form is available as a MS Word download which can be customized to meet your business needs.
$2.99
Alberta Purchase Money Security Agreement
Secure payment for inventory sold on credit to a customer with this Purchase Money Security Agreement for the Province of Alberta.
- The customer (debtor) grants the supplier (secured party) a purchase money security interest in the secured goods and proceeds from the sale of the goods.
- The debtor must keep the collateral free of any other liens or security interests ranking equal to or in priority to the secured party's interest.
- The debtor can only sell the secured goods in the ordinary course of business.
- If the debtor defaults in payment, the secured party has the right (among other remedies) to appoint a receiver-manager over the collateral.
- This legal contract is prepared in accordance with the Personal Property Security Act.
- Available in MS Word format.
- Intended to be used only in the Province of Alberta, Canada.
$19.99
Balloon Promissory Note with Collateral Provisions
Use this Balloon Promissory Note form in situations where the borrower is required to provide additional collateral besides the property being mortgaged.
- The borrower agrees to make monthly payments against the amount secured by the Note, until the date of the final payment.
- The final payment will be a balloon payment (in other words, a payment in full of the entire balance of principal and interest outstanding at that date).
- The note has an additional provision requiring the borrower to put up personal property or real estate as additional collateral security.
- This is a generic legal form which is not specific to any country, state or province.
- This template is available in MS Word format and is fully editable to meet your needs.
$2.49
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.
$29.99