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Ontario General Assignment of Rents

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