The document is a collateral agreement granting a lender a security interest in the signatory's assets (referred to as "Collateral") held in various accounts. Sample letters from the Department of Revenue, sent to businesses or taxpayers who wish to enter into a payment agreement for back taxes.Upon default of any of the payments as defined in paragraph "A" above, LENDER may demand release of all "Collateral Shares" to satisfy Note. This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. A collateral access agreement is a legal document that outlines the terms and conditions of how an individual can borrow money from a business owner. A document used to include collateral in a high-stakes loan. Gov website belongs to an official government organization in the United States. A loan agreement is a complex document that sets out the terms of repayment of a borrower's debt to a lender. When consumers fail to pay their debts, creditors can file lawsuits to try to collect.