Commercial Security Agreement Template for Canada

1. Insurance: Specific insurance requirements for collateral - used when collateral includes physical assets requiring insurance

2. Possession of Collateral: Terms for possession of collateral by secured party - used for pledge agreements or when secured party will hold collateral

3. Third Party Consents: Requirements for obtaining consents from third parties - used when collateral involves contracts or rights requiring consent for assignment

4. Special Asset Provisions: Specific provisions for particular types of collateral (e.g., intellectual property, securities) - used when dealing with specialized collateral

5. Cross-Border Provisions: Provisions dealing with international aspects - used when collateral is located in multiple jurisdictions

6. Priority Arrangements: Provisions regarding priority and subordination - used when multiple secured parties are involved

7. Environmental Matters: Environmental representations and covenants - used when collateral includes real property or business assets with environmental risks

1. Schedule A - Collateral Description: Detailed itemization and description of all collateral covered by the agreement

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 or may be located

4. Schedule D - Intellectual Property: Details of any intellectual property included in the collateral

5. Schedule E - Corporate Information: Corporate details of the debtor, including jurisdiction and registration information

6. Appendix 1 - Forms: Standard forms for notices, registrations, or other documents required under the agreement

7. Appendix 2 - PPSA Registrations: Copies or details of PPSA registrations made or to be made