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    Subordination Agreement


    Get an existing creditor to allow a new lender's security to take priority under this short-form Subordination Agreement.

    • The secured creditor agrees to subordinate its security interest in a borrower's personal property (inventory, equipment, accounts, book debts) to the new lender's security interest.
    • The Agreement is being signed as an inducement for the new lender to provide loan financing or credit facilities to the borrower.
    • This is a generic legal form which can be used in many countries.
    • Available as a downloadable MS Word document.
    Download Type: Microsoft Word
    Last Updated: 30-June-2021
    SKU: 591