DRAFTING SECURITY CESSION AGREEMENTSSecurity Cession Agreement • June 22nd, 2020
Contract Type FiledJune 22nd, 2020A cession in securitatem debiti (also sometimes referred to as a security cession), is where a Debtor cedes (transfers) to a Creditor certain incorporeal personal rights to secure the repayment of a debt (the "Principal Debt").