Products tagged with 'loan security form'
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Notice of Intention to Sell Property | USA
USA lenders, serve a debtor with this Notice of Intention to Sell Property before the sale, in accordance with applicable laws in your State.
- The property was pledged as collateral security for a loan from the lender to the debtor.
- The lender (secured party) prepares and serves the Notice to advise the debtor that the property will be sold either through private sale or at public auction, to cover all or part of the outstanding debt, following default by the debtor in making payment.
- The form includes a Certificate of Service, to record how the Notice was served on the debtor.
- This Notice form is available as a MS Word template document which is downloadable and easy to use.
- The form can be used in States that do not have a statutory form.
$6.29
Notice of Transfer of Collateral by Debtor | Canada
Prepare a Notice of Transfer of Collateral by Debtor with this template form for Canadian loan transactions.
- This form of notice is given by a debtor (borrower) to a secured party (lender), that the debtor has transferred or intends to transfer certain collateral over which the lender holds a security interest.
- This Notice form is available in MS Word format.
- Intended for use only in Canada, pursuant to Personal Property Security Act legislation.
$2.29
Notice of Interest in Collateral | Canada
Give notice of your security interest in a debtor's collateral with this Notice of Interest in Collateral template for Canadian lenders.
- The Notice must be given by a lender or other secured party to any other person or firm which has a security interest in the same collateral.
- This form can be used in any province or territory of Canada which has a Personal Property Security Act.
- Available in MS Word format.
$2.29
Renunciation of Interest in Fixture | Canada
Renounce your interest in a fixture which was used as collateral for a loan or credit facility with this easy-to-use form for Canadian lenders.
- This form of notice is given by a secured party to give up its security interest in a defaulting debtor's fixture after the outstanding debt has been paid by another party who also has an interest in the fixture (such as a landlord).
- This form can be used in any Canadian province or territory.
- The form is a downloadable Microsoft Word document.
$2.29
Postponement Agreement under PPSA | Canada
Subordinate the security interest of an existing lender to a new lender under the terms of this Postponement Agreement for Canadian provinces with PPSA legislation.
- The parties to the Agreement are (i) a borrower, (ii) the borrower's new lender, and (iii) a previous lender who is still owed money by the borrower.
- The first lender agrees to postpone its security to the new lender's security, notwithstanding that the previous lender is a secured creditor.
- The purpose of the Agreement is to induce the new lender to provide the borrower with loan financing, a line of credit, or other type of borrowing arrangement.
- This legal contract is available in MS Word format and is easy to download and use.
- The Postponement Agreement can be used in any province or territory in Canada which has a Personal Property Security Act.
$11.49
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