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1. Parties: Identification of the guarantor, secured party, and principal debtor
2. Background: Context of the agreement, relationship between parties, and reference to principal obligations
3. Definitions and Interpretation: Key terms, rules of interpretation, and calculation of time periods
4. Guarantee: Scope of guaranteed obligations, nature of guarantee (absolute/conditional), and payment terms
5. Grant of Security Interest: Creation and grant of security interest, description of collateral
6. Representations and Warranties: Guarantor's representations regarding authority, ownership of collateral, and legal status
7. Covenants: Positive and negative obligations of the guarantor regarding collateral and business operations
8. Events of Default: Circumstances constituting default and triggering enforcement rights
9. Enforcement Rights and Remedies: Secured party's rights and remedies upon default
10. Application of Proceeds: Order of application of proceeds from enforcement
11. General Provisions: Standard clauses including notices, amendments, governing law, and severability
1. Consumer Protection Provisions: Required when guarantor is an individual or consumer, including mandatory disclosures and cooling-off rights
2. Cross-Border Provisions: Required when collateral or parties are in multiple jurisdictions
3. Subordination and Postponement: Used when there are multiple secured creditors requiring priority arrangements
4. Insurance Requirements: Detailed insurance obligations when collateral requires specific insurance coverage
5. Bank Act Security: Special provisions when secured party is a bank taking security under Section 427 of the Bank Act
6. Quebec-Specific Provisions: Required when agreement covers Quebec assets or parties
7. Environmental Matters: Required when collateral includes real property or environmentally sensitive assets
8. Intellectual Property: Required when collateral includes significant intellectual property assets
1. Schedule A - Description of Collateral: Detailed description of all assets subject to the security interest
2. Schedule B - Permitted Liens: List of pre-existing or permitted encumbrances on the collateral
3. Schedule C - Locations of Collateral: List of all locations where collateral is kept or may be kept
4. Schedule D - Intellectual Property: Detailed list of intellectual property included in collateral
5. Schedule E - Legal Description of Real Property: Description of any real property related to the security interest
6. Appendix 1 - Form of PPSA Financing Statement: Template for personal property security registration
7. Appendix 2 - Compliance Certificate: Form of periodic compliance certification by guarantor
8. Appendix 3 - Power of Attorney: Form of power of attorney for enforcement purposes
Applicable Law
Business Day
Collateral
Contract Rights
Default
Default Rate
Documents of Title
Equipment
Event of Default
Excluded Assets
Financial Asset
Financing Statement
Fixtures
General Security Interest
Governmental Authority
Guaranteed Obligations
Guarantor
Instruments
Intellectual Property
Inventory
Investment Property
Lender
Lien
Material Adverse Effect
Obligations
Ordinary Course of Business
Permitted Liens
Person
PPSA
Principal Debtor
Proceeds
Property
Receiver
Related Rights
Secured Obligations
Secured Party
Security Interest
Subsidiary
Tangible Personal Property
UCC
Grant of Security Interest
Representations and Warranties
Covenants
Events of Default
Remedies
Further Assurance
Power of Attorney
Indemnification
Notices
Assignment
Amendment and Waiver
Severability
Governing Law
Jurisdiction
Entire Agreement
Counterparts
Limitation Periods
Set-Off Rights
Survival
Subordination
Application of Proceeds
Release of Security
Registration and Perfection
No Merger
Independent Legal Advice
Time of Essence
Currency
Costs and Expenses
Confidentiality
Banking and Financial Services
Manufacturing
Real Estate and Construction
Technology and Software
Healthcare
Agriculture
Energy and Natural Resources
Retail and Consumer Goods
Transportation and Logistics
Professional Services
Legal
Finance
Treasury
Risk Management
Compliance
Credit
Corporate Secretariat
Commercial Banking
Collateral Management
Operations
Chief Financial Officer
Treasury Manager
Corporate Counsel
Legal Director
Credit Risk Manager
Commercial Lending Officer
Collateral Manager
Financial Controller
Security Trustee
Compliance Officer
Corporate Secretary
Risk Management Director
Finance Director
Banking Relationship Manager
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