Consent and Waiver of Change of Ownership (Canada)
Consent by a lender to a change of control in the ownership of a borrower and a waiver of any default resulting from such change of control.
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Payoff Confirmation (Canada)
Agreement between a Lender, a Borrower and a New Lender confirming the amount owed to the Lender and the payment necessary to pay the indebtedness off in full.
Letter of Credit – Authorization and Indemnity (Canada)
Authorization to a bank to issue a Letter of Credit.
Assignment & Postponement of Claim – Unlimited (Canada)
Agreement in which the Assignor assigns to a Lender of the Borrower all indebtedness of the Borrower to the Assignor and Postpones repayment of such indebtedness until the Lender has been repaid in full by the Borrower.
Assignment & Postponement of Claim – Limited (Canada)
Agreement in which the Assignor assigns to a Lender of the Borrower all indebtedness of the Borrower to the Assignor and postpones repayment of such indebtedness until the Lender has been repaid in full by the Borrower.
Bank Acknowledgement & Agreement (Canada)
Agreement by Bank to a Lender acknowledging Lender’s security interests in a
bank customer’s accounts.
