Subordination Agreement

About this template:

A subordination agreement for private companies is created when a lender is given first priority to a company's business assets with no regards to the outside lenders' provision of business loans. See other finance and accounting templates here https://www.templateguru.co.za/templates/finance-accounting/

Excerpt:

SUBORDINATION AGREEMENT AND WHEREAS it is a condition precedent to the advance of any monies pursuant to the Loan Agreements that the Shareholder be subordinated to [YOUR COMPANY NAME] on the terms and conditions contained herein

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