The Collateral Trust Agreement is a sophisticated security arrangement used in complex financing transactions where multiple creditors share an interest in the same collateral pool. This document is particularly relevant in Canada, where it must comply with both federal banking regulations and provincial secured transaction laws. It is commonly used in syndicated lending arrangements, project finance, and corporate debt restructurings where multiple classes of creditors require a coordinated approach to collateral management. The agreement establishes the trust relationship, defines the roles and responsibilities of the trustee, sets out the procedures for maintaining and enforcing security interests, and provides mechanisms for distributing proceeds among secured parties according to their respective priorities. The document must carefully consider the requirements of various Canadian legislation, including the Personal Property Security Act of relevant provinces, the Bank Act, and federal bankruptcy laws.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the key parties: Trustee, Grantors/Pledgors, Secured Parties/Beneficiaries
2. Background: Explains the context of the agreement, including reference to related credit agreements or other secured obligations
3. Definitions: Defines key terms used throughout the agreement, including specific collateral-related and trust-related terminology
4. Appointment of Trustee: Formal appointment of the trustee and acceptance of the trust
5. Declaration of Trust: Establishes the trust relationship and defines the trust property
6. Grant of Security Interest: Creates and defines the security interest in the collateral
7. Perfection and Priority: Requirements for perfecting the security interest and maintaining priority
8. Representations and Warranties: Standard representations regarding authority, ownership of collateral, and validity of security interest
9. Covenants: Ongoing obligations regarding maintenance of collateral, reporting, and compliance
10. Rights and Duties of Trustee: Detailed description of trustee's powers, responsibilities, and standard of care
11. Administration of Collateral: Procedures for handling, maintaining, and managing collateral
12. Events of Default: Defines circumstances constituting default and consequences
13. Enforcement Rights: Procedures and rights for enforcing security interests upon default
14. Distribution of Proceeds: Rules for distributing proceeds from collateral or enforcement
15. Indemnification: Provisions for indemnifying the trustee and other protected parties
16. Compensation of Trustee: Trustee's fees and expense reimbursement
17. Successor Trustee: Provisions for resignation, removal, and appointment of successor trustees
18. Amendments and Waivers: Procedures for modifying the agreement and effects of waivers
19. Governing Law and Jurisdiction: Choice of law and jurisdiction for disputes
20. Miscellaneous: Standard boilerplate provisions including notices, severability, counterparts
1. Intercreditor Provisions: Required when multiple classes of secured parties have different priorities or rights
2. Special Asset Provisions: Needed when specific types of collateral (e.g., intellectual property, securities) require special handling
3. Foreign Collateral Provisions: Required when collateral is located in multiple jurisdictions
4. Control Agreements: Needed when perfection requires control over financial assets or deposit accounts
5. Insurance Requirements: Detailed insurance provisions when collateral requires specific insurance coverage
6. Tax Provisions: Special tax considerations for certain types of collateral or jurisdictions
7. Digital Asset Provisions: Required when collateral includes cryptocurrencies or other digital assets
8. Environmental Provisions: Needed when collateral includes real property or assets with environmental risks
1. Schedule A - Description of Collateral: Detailed description of all collateral covered by the agreement
2. Schedule B - Grantor Information: Legal names, addresses, and jurisdictions of organization for all grantors
3. Schedule C - Secured Party Information: Details of secured parties and their respective interests
4. Schedule D - Existing Liens: List of permitted existing liens on the collateral
5. Schedule E - Filing Offices: List of jurisdictions and offices where filings are required
6. Appendix 1 - Form of Joinder Agreement: Form for adding additional grantors or secured parties
7. Appendix 2 - Form of Perfection Certificate: Template for collecting information needed to perfect security interests
8. Appendix 3 - Form of Control Agreement: Template for account control agreements
9. Appendix 4 - Distribution Waterfall: Detailed procedures for distributing proceeds
10. Appendix 5 - Fee Schedule: Detailed breakdown of trustee compensation and fees
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Energy and Resources
Infrastructure
Real Estate
Manufacturing
Technology
Transportation and Logistics
Healthcare
Telecommunications
Mining
Agriculture
Retail
Construction
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Administration
Collateral Management
Transaction Management
Corporate Finance
Relevant Roles
Chief Financial Officer
Treasury Manager
Legal Counsel
Corporate Finance Director
Risk Manager
Trust Officer
Compliance Officer
Security Trustee
Credit Manager
Finance Director
Corporate Secretary
Banking Relationship Manager
Collateral Manager
Senior Legal Counsel
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
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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)