The holding of share certificates must be accompanied by an equivalent power to transfer shares executed by the borrower in order to achieve perfection through control.  Personal Property Security Act, RSO 1990, c P.10 [Ontario PPSA]. 11.1.15 Philip Woods` comparative law on security interests and securities financing (Sweet -Maxwell, 2nd Ed, 2007) was cited with the agreement of the Singapore courts to mix the situation in which an insured party has an interest in security and goods for which another party has a perfect security interest. In such a scenario, Article 9 of the Single Code of Commerce argues, as an authority, that, if neither party has priority, “the share of the product or mass that the security value of that insured party represented to the sum of the values of the guarantees of both parties at the time of the mixture of security is assigned to each insured party” (point 16-041). The crucial point is that before mixing stocks into each category, lenders already had a sophisticated security interest because of the underlying promise. Any lender`s security interest remains intact despite the mix of assets on which other lenders may have security interests. [Pars Ram Brothers (Pte) Ltd (in voluntary liquidation of creditors) against Australian – New Zealand Banking Group Ltd et al  4 SLR 264;  SGHC 38]. (1) The funder does not allow the tenant to purchase property, unlike leases 11.5.5 As a general rule, the Tenancies Act protects tenants by regulating the form and content of leases to ensure that the potential tenant, before and after the conclusion of the tenancy agreement, fully and accurately discloses the financial obligations and that the rights and obligations of the tenant and the landlord are defined as part of the agreement. Non-compliance can render the agreement itself unfeasible, any guarantee provided by the tenant or the tenant`s guarantor and criminally dispossess the landlord, merchant or tenant. 11.7.3 As mentioned above, Section 13 of the Civil Law authorizes the establishment of a mortgage or tax in favour of a bank through the bank account of its existing client. A bank that extends a credit (or performance obligation or bank guarantee) to an existing customer with a deposit account with the bank may instead “secure” its position in relation to the repayment of the loan (or its potential liabilities as part of the performance obligation or bank guarantee). One option is to allow the bank, in the credit agreement (or obligation to provide or guarantee bank), to account for the sums due under the contract with the balance of the customer`s account until the liabilities of the contract are settled. It is called “contract compensation.” Alternatively, the credit contract (or service loan or bank guarantee) may prevent the customer from withdrawing an amount from his account until the responsibility for the contract is fulfilled.
These quasi-safety devices are subject to the usual contractual principles. According to authorities such as Four-Maids Ltd/Dudley Marshall (Properties) Ltd  Ch 317, that if a lender was allowed to hold a mortgage, the court was not competent to refuse an order on possession, either on terms that Mortgagor holds with the payments or to pay arrears or otherwise, without the consent of the borrower.