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    Subordination Agreement (short form)


    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.

    The Subordination Agreement (short form) is a downloadable digital file which is easy to customize for your business purposes.

    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 591