Sample Commercial Pledge Contract
Commercial pledge contract number: PC920000
This commercial pledge contract is recorded and executed among the
debtor, Mr. Gregory Halloween, the borrower (also the pledge holder), Mr
Joseph Mail, and the lender (also the pawnbroker), Mr. Olive Barn, on 7th
January, 2011 wherein the following terms and conditions stand rigidly
applicable and preside over the parties involved and whoever enters into the
The three parties reside at the given addresses respectively:
1. Debtor: 6, Joker Street, UK
2. Borrower: 78, Stock Avenue, Brussels, UK
3. Lender: 4B, Style Island, UK
The debtor has granted a security interest to the lender as warranty
against the indebtedness.
The borrower agrees to pay the security interest against the loan.
The borrower makes a pledge to hand over his asset, presently owned,
to the lender under the Collateral.
The secured asset associated with the ownership interest of the debtor
includes a Ford Fiesta car [Licence number- NY47362]
If the security interest is not paid within 5th January, 2012, the asset
will be seized by the lender and the ownership rights will get
Signature of debtor: Gregory Halloween
Signature of lender: Olive Barn
Signature of borrower: Joseph Mail
More contracts at samplecontract.org