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Ontario Share Pledge Agreement with No Recourse

A shareholder pledges shares of stock to a lender, to be held as security for a loan that the lender is making to a borrower that is a related party to the shareholder.
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 shareholder has no liability for any shortfall between the balance of the debt owing and any proceeds realized from dealing with the shares, and the lender has no recourse against the shareholder for such shortfall.
The shareholder is not a guarantor, surety or indemnifier.
This legal form template is available in MS Word format.
Intended for use in the Province of Ontario, Canada.

$24.99

Payments. The mortgagor will make regular payments of principal and interest until the balance is paid in full.
Interest is a fixed rate.
Acceleration. The balance owing becomes due and payable immediately if the borrower defaults in making any payment.
Late payments result in late charges being assessed, which are calculated as a percentage of the late payment.
Prepayment. The borrower may prepay the loan either with or without penalty, at the lender's discretion when writing up the Note.
Available in MS Word format, easy to download, fill in and print.
Intended to be used only in the State of Colorado.

$6.49

Under the Assignment a corporate borrower (debtor) assigns to the lender all rents, income and revenue from a mortgaged property, as security for a loan or line of credit being advanced to the borrower by the lender.
The borrower agrees not to accept prepayment of the rents or to further assign or encumber the rents or the leases.
The borrower may continue to receive the rents unless it is in default under the Assignment. In that event, the rents must be paid to the lender.
The lender has the right to enter the property and collect the rent, enforce the lease or maintain the property.
Available in MS Word format.
Intended for use only in the Province of Ontario, Canada.

$17.99

The borrower grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts and book debts, and all proceeds therefrom.
The interest is being granted to the lender as security for loan financing, operating lines, or other credit facilities advanced by the lender to the borrower.
The Security Agreement is governed by the Ontario Personal Property Security Act.
This document is available as a fully editable MS Word template form.

$29.99

The guarantor is a director, shareholder, sole proprietor or other person with a material interest in the business of the borrower.
The guarantor guarantees that he/she will repay the indebtedness to the lender if the borrower defaults in payment.
The guarantor agrees that any debts owed by the borrower to the guarantor will be postponed to the debts owed to the lender, and the lender's claims would take priority.
To access the form, add it to your cart and click on the checkout button to pay for your purchase. You can then download the form to your PC, laptop or tablet.
Intended for use in the Province of Ontario, Canada.

$12.49

This form of Note allows the borrower to make payments against interest only, with no payments to be made against the principal amount until the date specified in the Note.
Interest payments will be made in arrears, at regularly scheduled dates.
The principal may be repaid at any time without a penalty (fee) being charged.
This template is in MS Word format and can be edited as necessary to include all the specifics of your transaction.
Intended for use only in Canada.

$2.29