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Canadian Legal Forms > Assignments & Novations > Assignment of Shareholder Loan - Interest Permitted
Assignment of Shareholder Loan - Interest Permitted
Assignment by an Assignor of a debt owed by a Borrower (in the form of a shareholder's loan) in favour of a new Lender to the Borrower as collateral security for a Guaranty given by the Assignor to the Lender of the new loan. This type of agreement allows for the assignor to continue charging interest on the shareholder loan.
See form: Assignment of Shareholder Loan - Interest Permitted
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