Debt Purchase Agreement Template for Canada

1. Security Interest Transfer: Required when the debt is secured by collateral or other security interests

2. Regulatory Compliance: Additional section needed when dealing with regulated financial institutions

3. Consumer Protection Provisions: Required when the debt portfolio includes consumer debts

4. Servicing Arrangements: Needed when the purchaser requires the seller to continue servicing the debt

5. True Sale Provisions: Required in cases where bankruptcy remoteness is important

6. Foreign Currency Provisions: Needed when the debt is denominated in multiple currencies

7. Data Protection: Extended provisions required when dealing with significant personal data

8. Interim Servicing: Required when there's a transition period for servicing arrangements

1. Schedule of Purchased Debts: Detailed list of all debts being purchased including relevant details

2. Form of Transfer Notice: Template for notifying debtors of the transfer

3. Excluded Debts: List of specifically excluded debts from the purchase

4. Due Diligence Results: Summary of due diligence findings and any identified issues

5. Required Consents: List of third-party consents required for the transfer

6. Security Interest Details: Details of any security interests associated with the debt

7. Pricing Schedule: Detailed breakdown of the purchase price calculation

8. Form of Assignment: Template documents for formal assignment of the debt