Detroit Michigan Security Agreement for Bridge Financing

State:
Multi-State
City:
Detroit
Control #:
US-S1712AM
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This security agreement is for use in a bridge financing with the form of a secured demand note or form of secured promissory note available on this site. This form provides as an option the use of a collateral agent through whom the secured lenders would coordinate their actions.This security agreement does not contain extensive company representations or warranties, nor does it contain extensive covenants of the company other than those related to the collateral. Some secured lenders prefer to have financial or operational covenants, which are not included in this form of security agreement.

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Detroit Michigan Security Agreement for Bridge Financing