The Irrevocable Pledge Agreement is a essential security document used in Canadian financial and commercial transactions where a party (the pledgor) needs to provide robust security over specific assets to another party (the pledgee). This document is particularly crucial in secured lending transactions, investment arrangements, and corporate finance structures. It creates a legally binding and irrevocable security interest that complies with provincial personal property security laws (PPSA) or the Civil Code of Quebec. The agreement is designed to provide the pledgee with a strong security position that can be effectively enforced if needed, while also establishing clear rights and obligations for all parties involved. It includes detailed provisions for the creation, perfection, and maintenance of the security interest, along with specific enforcement mechanisms that align with Canadian legal requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Pledgor and Pledgee with full legal names and addresses
2. Background: Context of the pledge agreement, including reference to any underlying obligations or related agreements
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Pledge and Security Interest: Core provision creating the pledge and security interest, specifically stating its irrevocable nature
5. Secured Obligations: Description of the obligations secured by the pledge
6. Representations and Warranties: Pledgor's representations regarding ownership, authority, and status of pledged assets
7. Perfection and Registration: Requirements and procedures for perfecting the security interest
8. Maintenance of Pledged Assets: Obligations regarding the preservation and maintenance of the pledged assets
9. Rights and Obligations of the Parties: Detailed responsibilities of both Pledgor and Pledgee
10. Events of Default: Circumstances constituting default under the agreement
11. Enforcement: Pledgee's rights and remedies upon default
12. Notices: Communication requirements and contact details
13. General Provisions: Standard boilerplate provisions including governing law, amendments, and severability
1. Voting Rights: Required when pledged assets include shares or securities with voting rights
2. Income and Distributions: Needed when pledged assets generate income or distributions
3. Insurance Requirements: Required when pledged assets need to be insured
4. Third Party Consents: Necessary when pledge requires consents from other parties
5. Currency Provisions: Required for cross-border transactions or multiple currency situations
6. Tax Provisions: Needed when pledge has significant tax implications
7. Release Provisions: Optional detailed procedures for releasing the pledge upon satisfaction of obligations
1. Schedule A - Description of Pledged Assets: Detailed description and/or inventory of all assets subject to the pledge
2. Schedule B - Form of Notice of Pledge: Template for notifying relevant third parties of the pledge
3. Schedule C - Perfection Requirements: Specific steps required for perfection in relevant jurisdictions
4. Schedule D - Existing Encumbrances: List of any permitted existing liens or encumbrances on the pledged assets
5. Appendix 1 - Registration Forms: Required forms for registering the security interest in applicable jurisdictions
6. Appendix 2 - Compliance Certificates: Forms for periodic certification of compliance with agreement terms
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Investment Management
Real Estate
Manufacturing
Energy
Mining
Infrastructure
Technology
Telecommunications
Professional Services
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit
Investment
Security Administration
Relevant Roles
Chief Financial Officer
Treasury Manager
Legal Counsel
Corporate Lawyer
Finance Director
Risk Manager
Security Trustee
Compliance Officer
Corporate Secretary
Investment Manager
Asset Manager
Credit Manager
Transaction Manager
Find the exact document you need
Simple Security Agreement
A Canadian legal document creating a security interest in personal property as collateral for a loan or obligation, governed by the PPSA.
find out more
Motor Vehicle Security Agreement
A Canadian security agreement creating a lender's security interest in a motor vehicle as collateral, compliant with provincial PPSA requirements.
find out more
Personal Information Confidentiality Agreement
A Canadian-law governed agreement establishing obligations for protecting confidential personal information, ensuring compliance with PIPEDA and provincial privacy laws.
find out more
Stock Broker Agreement
A Canadian-compliant agreement establishing the terms and conditions between a licensed investment broker and client for securities trading services.
find out more
Simple Security Deposit Agreement
A Canadian-law governed agreement establishing terms for holding, managing, and returning a security deposit, ensuring compliance with federal and provincial regulations.
find out more
Pledge Agreement
A Canadian law-governed security document where a pledgor grants security over specific assets to secure obligations, subject to PPSA or Quebec Civil Code requirements.
find out more
Personal Property Security Agreement
A Canadian security agreement (governed by provincial PPSA legislation) that creates a security interest in personal property as collateral for a loan or obligation.
find out more
Data Privacy Contract
Canadian data privacy agreement governing personal information handling and processing under PIPEDA and provincial privacy laws.
find out more
Collateral Substitution Agreement
A Canadian law agreement establishing procedures and requirements for substituting collateral while maintaining existing security interests under federal and provincial regulations.
find out more
Collateral Agreement
A Canadian law security document creating and evidencing security interests in specified collateral to secure financial or other obligations, governed by provincial PPSAs and federal legislation.
find out more
Safe Deposit Box Lease Agreement
A Canadian legal agreement governing the rental of a safe deposit box from a financial institution, establishing terms for access, security, and liability under federal and provincial laws.
find out more
Tri Party Collateral Agreement
A Canadian law-governed agreement establishing a three-way relationship between parties for managing collateral transactions, including operational procedures and regulatory compliance requirements.
find out more
Safe Deposit Box Rental Agreement
A Canadian-compliant agreement governing the rental of safe deposit boxes, establishing terms between financial institutions and box holders.
find out more
Master Loan And Security Agreement
A Canadian jurisdiction agreement establishing terms for ongoing secured lending relationships and compliance with federal and provincial security laws.
find out more
Debenture Purchase Agreement
A Canadian law-governed agreement setting out terms for the purchase of debentures, including payment terms, security arrangements, and purchaser/issuer obligations.
find out more
Purchase Security Agreement
A Canadian legal document creating a security interest in purchased personal property, governed by provincial PPSA legislation.
find out more
Note And Security Agreement
A Canadian legal document combining a promissory note with security arrangements, establishing loan terms and collateral rights under federal and provincial laws.
find out more
Global Collateral Account Control Agreement
Canadian-law governed agreement establishing control rights over global collateral accounts, defining relationships between account holder, secured party, and account bank.
find out more
Debenture Trustee Agreement
A Canadian law-governed agreement establishing the terms of debentures and appointing a trustee to act on behalf of debenture holders.
find out more
Collateral Control Agreement
A Canadian law-governed agreement establishing control over collateral by an agent on behalf of a lender in secured financing arrangements.
find out more
Preferred Equity Agreement
A Canadian legal agreement governing the issuance of preferred shares and establishing investor rights and privileges under Canadian federal and provincial law.
find out more
Mortgage Bond Agreement
A Canadian law-governed agreement establishing terms for mortgage-backed bonds, including issuance, security, and bondholder rights.
find out more
Irrevocable Pledge Agreement
Canadian law-governed agreement creating an irrevocable security interest through a pledge of specific assets.
find out more
Lease Security Agreement
A Canadian law agreement combining lease provisions with security interest rights, governed by provincial PPSA legislation, used for securing leased assets.
find out more
Guaranty And Security Agreement
A Canadian legal document combining a guarantee of obligations with the granting of security interests in collateral, governed by federal and provincial secured transactions laws.
find out more
Equipment Security Agreement
A Canadian legal document creating a security interest in equipment to secure loan repayment or other obligations, compliant with provincial PPSA requirements.
find out more
Auto Loan Security Agreement
A Canadian security agreement that creates a lender's security interest in a financed vehicle while establishing loan terms and parties' rights under federal and provincial laws.
find out more
Stock Escrow Agreement
A Canadian-law governed agreement establishing terms for holding and releasing securities in escrow, typically used in IPOs and corporate transactions.
find out more
Personal Security Agreement
A Canadian law agreement creating a security interest in personal property as collateral for a loan or obligation, governed by provincial Personal Property Security Acts.
find out more
Security Deposit Installment Agreement
A Canadian legal agreement establishing installment payment terms for a security deposit between landlord and tenant, compliant with provincial residential tenancy laws.
find out more
Omnibus Loan And Security Agreement
A Canadian law-governed comprehensive agreement combining multiple loan facilities and security arrangements into a single integrated financing document.
find out more
Copyright Security Agreement
A Canadian legal document creating a security interest in copyrighted works as collateral, governed by federal copyright law and provincial security legislation.
find out more
Collateral Account Control Agreement
A Canadian law-governed agreement establishing control over deposit accounts in favor of a secured party, involving an account holder, secured party, and deposit bank.
find out more
Collateral Account Agreement
A Canadian law agreement establishing security interests and control rights over bank accounts used as collateral in financing transactions.
find out more
Chattel Security Agreement
A Canadian law agreement creating a security interest in personal property (chattels), governed by provincial Personal Property Security Act (PPSA) requirements.
find out more
Business Security Agreement
A Canadian legal document creating security interests in personal property under PPSA legislation to secure business obligations.
find out more
Trademark Security Agreement
A Canadian law agreement creating security interests in trademark assets, establishing lender rights and trademark owner obligations under federal and provincial regulations.
find out more
Sale Of Membership Interest Agreement
A Canadian law-governed agreement documenting the sale and transfer of membership interests in a business entity from seller to buyer.
find out more
Retail Installment Contract And Security Agreement
A Canadian retail contract combining installment payment terms with a security agreement, establishing purchase terms and creating a security interest in the goods as collateral.
find out more
Sublease Deposit Agreement
A Canadian legal agreement governing the terms and conditions of security deposits in sublease arrangements, ensuring compliance with provincial tenancy laws.
find out more
Convertible Bond Subscription Agreement
A Canadian law-governed agreement setting out terms for subscribing to and issuing convertible bonds, including conversion rights and regulatory requirements.
find out more
Credit And Security Agreement
A Canadian law-governed agreement establishing credit facilities and security arrangements between lender and borrower, including loan terms and security interests under PPSA.
find out more
Bank Account Pledge Agreement
A Canadian law-governed agreement establishing a security interest over a bank account as collateral for financial obligations.
find out more
Inventory Security Agreement
A Canadian security agreement creating a lender's security interest in a borrower's inventory under provincial PPSA legislation or Quebec Civil Code.
find out more
Reinsurance Security Agreement
A Canadian-law governed agreement establishing security arrangements between a reinsurer and ceding insurer, ensuring regulatory compliance and collateral maintenance.
find out more
Debenture Subscription Agreement
A Canadian law agreement governing the terms and conditions of a debenture subscription, including investment terms, rights, and obligations of both issuer and subscriber.
find out more
Title Transfer Collateral Agreement
A Canadian law-governed agreement establishing title transfer of assets as collateral between financial parties, with provisions for return of equivalent assets upon satisfaction of obligations.
find out more
Commercial Security Agreement
A Canadian law governed agreement creating a security interest in personal property, operating under PPSA (except in Quebec) and related federal legislation.
find out more
Security Account Control Agreement
A Canadian law-governed three-party agreement establishing control over a securities account as collateral, defining rights and obligations between a secured party, debtor, and securities intermediary.
find out more
Convertible Debenture Agreement
A Canadian law-governed agreement establishing terms for a debt instrument that can be converted into company shares, detailing loan terms, conversion rights, and security provisions.
find out more
Personal Data Protection Agreement
A Canadian privacy law-compliant agreement governing the handling of personal information between organizations, aligned with PIPEDA and provincial requirements.
find out more
Master Security Agreement
Canadian-law governed master agreement establishing security interests in borrower assets under PPSA and Quebec Civil Code.
find out more
Collateral Sharing Agreement
Canadian agreement governing the sharing and ranking of security interests among multiple secured creditors, including enforcement procedures and distribution mechanics.
find out more
Share Security Agreement
A Canadian law-governed agreement creating security over shares as collateral, subject to PPSA and securities regulations.
find out more
Promissory Note And Security Agreement
A Canadian law-governed document combining a debt obligation with security interests in collateral, establishing both loan terms and security arrangements.
find out more
Collateral Access Agreement
A Canadian law agreement establishing lender's rights to access and remove collateral from leased premises, coordinating rights between lender, landlord, and tenant-borrower.
find out more
Convertible Note Agreement
A Canadian-law governed agreement documenting a debt investment that can convert to equity, specifying loan terms, conversion rights, and compliance with Canadian securities regulations.
find out more
Third Party Security Agreement
A Canadian legal document where a third party provides security for another party's obligations, governed by federal and provincial security laws.
find out more
Property Collateral Agreement
A Canadian law-governed agreement creating security interests in property assets to secure financial obligations, complying with federal and provincial secured transactions legislation.
find out more
Security Purchase Agreement
A Canadian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring regulatory compliance and protecting parties' interests.
find out more
Security Loan Agreement
Canadian-law governed agreement for securities lending transactions, establishing terms for temporary securities transfers against collateral.
find out more
Equity Pledge Agreement
A Canadian legal document establishing a security interest in shares or equity interests as collateral, governed by federal and provincial secured transactions laws.
find out more
Agreement For Security Deposit
A Canadian-compliant legal document establishing terms and conditions for handling security deposits in property rental arrangements.
find out more
Security Transfer Agreement
A Canadian law-governed agreement documenting the transfer of securities between parties, ensuring compliance with federal and provincial securities regulations.
find out more
Master Repurchase Agreement
A Canadian law-governed framework agreement for repurchase and reverse repurchase transactions between financial institutions, establishing terms for securities trading and risk management.
find out more
Mortgage And Security Agreement
A Canadian legal agreement creating a security interest in real property to secure a loan, combining mortgage terms with comprehensive security provisions.
find out more
Cross Collateral Agreement
A Canadian law-governed agreement establishing that multiple assets serve as cross-collateral for multiple loans or obligations, typically used in secured lending arrangements.
find out more
Convertible Equity Agreement
A Canadian-law governed agreement that enables investors to convert their investment into company equity shares upon specified future events, commonly used in startup funding.
find out more
Warrant Purchase Agreement
A Canadian-law agreement governing the purchase of warrants, including terms of purchase, exercise rights, and regulatory compliance requirements.
find out more
Intercreditor Agreement
A Canadian law-governed agreement that establishes priorities and relationships between multiple creditors lending to the same borrower, defining their respective rights and obligations.
find out more
Intellectual Property Security Agreement
A Canadian law-governed agreement that creates security interests in intellectual property assets, allowing IP owners to use their IP as collateral for financing.
find out more
Pledge Of Shares Agreement
Canadian law-governed agreement establishing a security interest in shares through pledge arrangements, subject to PPSA and corporate law requirements.
find out more
Overnight Reverse Repurchase Agreement
A Canadian-law governed agreement for overnight secured lending through securities purchase and repurchase, commonly used in Canadian financial markets for liquidity management.
find out more
Loan Collateral Agreement
A Canadian legal agreement creating security interests in assets to secure loan repayment or other obligations under PPSA and relevant provincial legislation.
find out more
Film Investment Contract
A Canadian-law governed agreement establishing terms for film production investment, including investor rights, profit sharing, and regulatory compliance.
find out more
Collateral Trust Agreement
A Canadian law-governed agreement establishing a trust arrangement for managing collateral on behalf of multiple secured creditors, defining security interests and enforcement procedures.
find out more
Cash Deposit Agreement
A Canadian-law governed agreement establishing terms and conditions for cash deposits between a financial institution and depositor, compliant with federal banking regulations.
find out more
Convertible Debt Agreement
A Canadian-law governed agreement establishing terms for debt that can convert to equity, including loan terms, conversion mechanics, and investor rights.
find out more
Account Pledge Agreement
A Canadian security document creating a pledge over bank accounts, complying with federal banking laws and provincial security legislation.
find out more
Security Trust Agreement
Canadian-law governed agreement establishing a trust structure for managing security interests on behalf of multiple secured parties, compliant with federal and provincial requirements.
find out more
Security Sharing Agreement
A Canadian-law governed agreement establishing protocols for sharing security-related information between organizations while maintaining compliance with federal and provincial regulations.
find out more
Convertible Note Purchase Agreement
A Canadian law-governed agreement establishing terms for convertible note financing, including investment terms, conversion rights, and investor protections under Canadian securities regulations.
find out more
Contract Of Sale Of Shares
A Canadian law-governed agreement for the sale and transfer of company shares between parties, ensuring compliance with federal and provincial requirements.
find out more
Negative Pledge Agreement
A Canadian law agreement where a borrower commits not to create security interests over its assets in favor of other creditors, subject to permitted exceptions.
find out more
Margin Lending Agreement
Canadian-law governed agreement establishing terms for securities-based lending between a financial institution and borrower, subject to federal and provincial regulatory requirements.
find out more
Security Lending Agreement
A Canadian-law governed agreement establishing terms for securities lending transactions between parties, including collateral requirements and regulatory compliance measures.
find out more
Cash Collateral Agreement
A Canadian-law agreement governing the provision and maintenance of cash collateral between parties, including security interest creation, perfection, and enforcement rights.
find out more
Deposit Control Agreement
A Canadian-law governed tripartite agreement establishing control over deposit accounts as collateral in secured lending transactions.
find out more
Transfer Of Shares Agreement
A Canadian law-governed agreement facilitating the legal transfer of corporate shares between parties, outlining terms, conditions, and regulatory compliance requirements.
find out more
Holding Deposit Contract
A Canadian law-governed agreement establishing terms for holding and managing deposit funds, including release conditions and regulatory compliance requirements.
find out more
General Security Agreement
A Canadian security agreement that creates a comprehensive security interest in a debtor's personal property to secure obligations to a lender under provincial PPSA legislation.
find out more
Agreement For Sale And Purchase Of Shares
A Canadian law-governed agreement documenting the sale and transfer of shares between parties, including terms, conditions, and regulatory compliance requirements.
find out more
Collateral Agency Agreement
A Canadian law-governed agreement appointing and setting out the duties of a collateral agent in holding and managing security interests on behalf of secured creditors.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)