817-03-207E (11/18/2013)199 Bay Street, Suite 600 PO Box 279 STN Commerce Court Toronto ON M5L 0A2
Letter of Privilege
Date (mm/dd/yyyy)
Witness
Name of Borrower:
Name of Co-Borrower:
B2B Bank Standard Loan
Program Rate:
Requested Loan Amount:
Date (mm/dd/yyyy)
Date (mm/dd/yyyy)
Signature of Co-Borrower
Signature of Borrower
B2B Bank Distribution Alliance Loan Program
As a participant in the B2B Bank Investment Loan Program offered through my/our Financial Advisor for the purchase of
eligible Distribution Alliance funds, this credit is being granted to me/us with a reduction on the B2B Bank Standard Loan
Program Rate for similar loan type and amount as indicated above. However, this rate is subject to the respect of the
B2B Bank Investment Loan Program conditions and the maintenance of eligible Distribution Alliance fund units held in my/
our Pledged Account, as the only collateral guarantee of the Loan.
Should I/we i) be in default of any of the Loan conditions or ii) pledge funds other than eligible Distribution Alliance funds,
the B2B Bank Distribution Alliance Loan Program interest rate will be cancelled. The rate in effect will then be the
B2B Bank Standard Loan Program Rate as indicated above.
I/we acknowledge having read the present Letter of Privilege and agree to its terms.
*Prime Rate means the annual interest rate announced by B2B Bank from time to time as being its reference rate then in effect (the “Prime Rate”).
B2B Bank Distribution
Alliance Loan Program Rate:
As per the Investment Loan Application.
As per the standard B2B Bank schedule applicable for similar
loan type and amount.
%
%
Prime +
n 100% Investment Loan: B2B Bank will finance 100% of the investment.
n 3 For 1 Investment Loan: B2B Bank will lend up to three times the amount pledged, hypothecated and/or assigned.
n 2 For 1 Investment Loan: B2B Bank will lend up to two times the amount pledged, hypothecated and/or assigned.
n 1 For 1 Investment Loan: B2B Bank will match the dollar amount pledged, hypothecated and/or assigned.
B2B Bank Distribution Alliance Loan Program
%
Prime -
Prime +
Prime -
%
EASE #:
