VIEWS: 456 PAGES: 8 CATEGORY: Financing With Debt POSTED ON: 3/4/2011
This Inventory Security Agreement is made between a debtor and a bank. The debtor has borrowed certain funds from the bank and the debtor has as security for the borrowing of such funds, issued a security agreement to the bank in respect to the debtor's inventory. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, as well as optional language to allow for customization to ensure the specific terms of the parties’ agreement are addressed.
"Inventory Security Agreement"