General Security Agreement

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General Security Agreement

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General Security Agreement given by a Borrower to a Lender as Security for a Loan.

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Document Outline:

General Security Agreement

THIS AGREEMENT made as of between....
WHEREAS: The Debtor has issued ...
NOW, THEREFORE, in consideration of the benefits ... and agrees with Secured Party as follows:

1. Security for Obligations.
2. Definition of Collateral.
3. Pledge of Collateral.
4. Remedies in Case of Event of Default.
(a)
(b)
(c)
5. Transfer by the Debtor.
6. Covenants.
(a)
(b)
7. Power of Attorney.
8. Miscellaneous.
9. Financing Statements.
10. Termination.
11. Governing Law.
IN WITNESS WHEREOF, the Debtor and Secured Party ...

Borrowing & Lending Forms

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Updated October 2012