Canada Legal .com Directory of Canadian Legal Resources |
Priorities Agreement Between Two Lenders
Prepare a Priorities Agreement between a debtor and two lenders who are secured parties of the debtor with this ready-made template.
- The Agreement sets out the priority of the lenders' security positions.
- The lenders agree that their security will rank equally in priority, notwithstanding the date of execution or registration, or other factors.
- Any default by the debtor will be deemed to be a default under security held by each of the lenders.
Download: Priorities Agreement Between Two Lenders
Related Forms:
- Standstill Agreement for Outstanding Loan Obligations
- Subordination Agreement (long form)
- Subordination Agreement (short form)
Related Categories:
More: FormsHound.com
NOTICE: E.&O.E. See important legal disclaimer (www.canadalegal.com/legal.asp) |
©1998-2024 Canada Legal .com | Nov 14, 2024 |