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1. Parties: Identification of the Security Provider (Grantor), the Secured Party, and the Primary Debtor (whose obligations are being secured)
2. Background: Context of the security agreement, relationship between parties, and reference to primary obligations being secured
3. Definitions and Interpretation: Key terms used in the agreement, including defined terms from the primary agreement and PPSA definitions
4. Grant of Security Interest: Core provision creating the security interest over the collateral
5. Secured Obligations: Definition and scope of the obligations being secured
6. Representations and Warranties: Security provider's confirmations regarding ownership, authority, and status of collateral
7. Covenants: Ongoing obligations of the security provider regarding maintenance and protection of collateral
8. Further Assurances: Obligation to execute additional documents and take actions to perfect security
9. Events of Default: Circumstances triggering enforcement rights
10. Enforcement Rights: Secured party's rights and remedies upon default
11. Application of Proceeds: Order of distribution of enforcement proceeds
12. General Provisions: Standard boilerplate including notices, amendments, governing law, etc.
1. Intercreditor Provisions: Required when multiple secured parties have interests in the same collateral
2. Control Agreements: Needed for financial assets, investment property, or deposit accounts
3. Insurance: Detailed insurance requirements when collateral includes insurable assets
4. Special Rights for Specific Collateral: Additional provisions for intellectual property, accounts, or other special categories of collateral
5. Quebec Security Provisions: Required when collateral is located in Quebec or security provider is Quebec-based
6. PPSA Registration: Specific provisions regarding PPSA registrations and maintenance
7. Power of Attorney: Optional provision granting secured party power to execute documents
1. Schedule A - Collateral Description: 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 stored or maintained
4. Schedule D - Intellectual Property: Details of any intellectual property included in the collateral
5. Schedule E - Legal Description of Real Property: Required if security interest extends to fixtures or real property
6. Schedule F - Form of PPSA Financing Statement: Template or copy of PPSA registration form
7. Schedule G - Secured Party Notice Details: Contact information for notices under the agreement
Business Day
Collateral
Credit Agreement
Default
Default Rate
Encumbrance
Event of Default
Financing Statements
Governmental Authority
Grantor
Insolvency Event
Lien
Loan Documents
Material Adverse Effect
Obligations
Permitted Liens
PPSA
Primary Debtor
Principal Agreement
Priority Agreement
Proceeds
Receiver
Related Rights
Secured Obligations
Secured Parties
Security Interest
Security Period
Security Provider
Subsidiary
Third Party Charge
UCC
Voting Rights
Bank Act Security
Receiver-Manager
Enforcement Date
Control Agreement
Intellectual Property Rights
Perfection
Registration
Secured Assets
Security Documents
Pledged Securities
Power of Attorney
Quebec Security
Civil Code
Guarantor
Hypothec
Secured Obligations
Perfection
Registration
Representations and Warranties
Covenants
Further Assurance
Power of Attorney
Default
Enforcement
Remedies
Priority
Notices
Assignment
Amendment
Waiver
Severability
Entire Agreement
Governing Law
Jurisdiction
Indemnification
Confidentiality
Costs and Expenses
Liability
Termination
Release
Set-Off
Insurance
Intercreditor
Attornment
Quebec Provisions
Survival
Third Party Rights
Counterparts
Agency
Control
Discharge
Banking and Financial Services
Commercial Real Estate
Manufacturing
Retail
Technology
Agriculture
Energy and Resources
Healthcare
Construction
Transportation and Logistics
Professional Services
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit
Commercial Operations
Banking Relations
Chief Financial Officer
Corporate Counsel
Legal Director
Finance Director
Treasury Manager
Risk Manager
Commercial Director
Credit Manager
Compliance Officer
Security Trustee
Corporate Secretary
Banking Relationship Manager
Finance Manager
Legal Counsel
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