General security agreement template ontario

Ontario Assignment of Debt and Security

Assign your interest in a debt and its underlying security with this Assignment of Debt and Security form for the Province of Ontario.

• The assignor (creditor) holds a security interest over the property and assets of a debtor as security for a loan.
• The assignor assigns and transfers the security interest to another party who is purchasing all of the assignor's interest in the debt and the security.
• This type of assignment is often part of a sale of a business that extends credit to its customers.

The Ontario Assignment of Debt and Security is available as a downloadable and fully editable MS Word document.

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Ontario Purchase Money Security Agreement

Protect your creditor rights with this Purchase Money Security Agreement for Ontario suppliers.

• The contract is made pursuant to provincial Personal Property Security Act legislation.
• The parties to the Agreement are a customer (debtor) and a supplier (secured party).
• The supplier extends credit to the debtor for the purchase of goods under a specific purchase order.
• In return for the credit, the debtor grants the supplier a first, fixed, specific purchase money security interest in the goods and in the proceeds therefrom.
• This legal contract form is a fully editable Microsoft Word template.
• Intended for use only in the Province of Ontario, Canada.

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Promissory Note with Guarantee | Canada

Are you loaning money to a person or a company in Canada? Secure your interest as a creditor with this Promissory Note and Guarantee.

• The borrower agrees to pay the secured amount by monthly payments (not necessarily equal payments).
• The Note includes a guarantee of payment by a guarantor.
• The guarantor also agrees to ensure that the creditor receives a monthly installment payment equal to a specified percentage of the guarantor's net revenue.
• This form is available as a downloadable and fully customizable MS Word file.
• Intended for use only in Canada.

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Loan Security Forms Package | Canada

Are you loaning money or extending credit facilities to a customer or other party? Document your security interest as a creditor and make sure you get repaid with this Canada Loan Security Forms Package.

1. General Security Agreement,
2. Unconditional Guarantee and Postponement of Claim,
3. Promissory Note to be executed by the borrower.

Don't run the risk of having a customer fail to honour its payment obligations. Get the Canada Loan Security Forms Package for your business.

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Loan and Charging Agreement | Canada

Canadian lenders can use this downloadable Loan and Charging Agreement to prepare loan documents for a borrower.

• The template includes both the Loan Agreement and a promissory note for the principal amount of the loan plus interest.
• The borrower agrees to register an encumbrance against title to real estate owned by the borrower, as collateral security for the loan.
• If the borrower defaults in repaying the loan, title to the property will be transferred to the lender.
• Available in MS Word format.
• Intended to be used only in Canada.

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Accounts Receivable Security Agreement | Canada

Document your security interest in a borrower's property with this Accounts Receivable Security Agreement template for Canadian lenders.

• The Agreement is part of the documentation that the borrower must provide to the lender, to secure a loan or line of credit.
• The Agreement grants the lender a security interest in all of the borrower's present and future personal property including inventory, equipment, accounts receivable and book debts.
• The form is governed by Canadian laws and can be used in any province or territory which has Personal Property Security Act legislation.
• Buy and download the template in MS Word format. Other formats available on request.

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Ontario General Assignment of Rents

This General Assignment of Rents template is for lenders in Ontario to obtain additional security for the repayment of a borrower's debt.

• 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.