An Intercompany Subordination Agreement is essential when companies within the same corporate group have multiple lending relationships with each other. This document, governed by U.S. law, becomes particularly important during corporate restructuring, refinancing, or when establishing new intercompany lending arrangements. It helps prevent conflicts between affiliated entities by clearly defining payment priorities and protecting senior creditors' interests. The agreement typically includes detailed provisions about payment restrictions, enforcement rights, and bankruptcy scenarios, ensuring compliance with both federal and state regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let ¶¶Òõ¶ÌÊÓƵ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of senior creditors, subordinated creditors, and the borrower/debtor
2. Background: Context of existing debts and reason for subordination
3. Definitions: Key terms including Senior Debt, Subordinated Debt, Payment Default, etc.
4. Subordination: Core provisions establishing debt hierarchy and payment restrictions
5. Payments and Distributions: Rules governing permitted payments and distribution of proceeds
6. Enforcement Rights: Rights and limitations of creditors to enforce their claims
7. Representations and Warranties: Standard representations regarding authority, binding effect, and no conflicts
8. Miscellaneous: Standard boilerplate provisions including notices, amendments, governing law, etc.
1. Turnover Provisions: Requirements for subordinated creditors to turn over received payments to senior creditors if received in violation of the agreement
2. Bankruptcy Provisions: Specific provisions governing rights and obligations of parties in bankruptcy proceedings
3. Refinancing Provisions: Terms governing refinancing of senior debt and continued subordination obligations
4. Further Assurances: Obligations to execute additional documents or take actions to effectuate the subordination
1. Schedule of Senior Debt: Detailed list of all senior debt obligations including principal amounts, interest rates, and maturity dates
2. Schedule of Subordinated Debt: Detailed list of all subordinated debt obligations including principal amounts, interest rates, and maturity dates
3. Form of Accession Agreement: Template agreement for additional creditors to become bound by the subordination arrangements
4. Notice Information: Contact details and notice requirements for all parties to the agreement
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Tenant Subordination Agreement
A U.S. legal document where a tenant agrees to subordinate their lease rights to a mortgage lender's interest while securing continued occupancy rights.
find out more
Subordination Agreement Oil And Gas Lease
A U.S. legal document establishing priority rights between creditors in oil and gas lease interests.
find out more
Land Subordination Agreement
A U.S. legal document where one lienholder agrees to subordinate their security interest in real property to another lienholder, subject to state property laws.
find out more
Subordination Attornment And Non Disturbance Agreement
A U.S. commercial real estate agreement establishing rights and obligations between tenant, landlord, and lender in case of property foreclosure.
find out more
Easement Subordination Agreement
A U.S. legal document that modifies the priority of easement rights relative to other property interests.
find out more
Subordination Agreement Mortgage
A U.S. legal document that modifies the priority order of multiple mortgages or liens on a property, allowing junior lienholders to subordinate their positions to other lenders.
find out more
Postponement And Subordination Agreement
A U.S. legal agreement that establishes debt priority and payment hierarchies between creditors, subordinating one creditor's claims to another's.
find out more
Deed Of Trust Subordination Agreement
A U.S. legal document that establishes the priority order between multiple deeds of trust on a property.
find out more
Landlord Subordination Agreement
A U.S. legal agreement that subordinates a landlord's rights to a lender's security interest in a tenant's property located within leased premises.
find out more
Deed Of Attornment
A U.S. legal document establishing a direct relationship between a tenant and new landlord when property ownership changes.
find out more
Real Estate Subordination Agreement
A U.S. legal document that establishes lien priority between multiple lenders on a real estate property, allowing one lender to take a subordinate position to another.
find out more
Letter Of Subordination Of Debts
A U.S. legal document establishing priority between creditors where one creditor agrees to subordinate their debt claim to another.
find out more
Loan Subordination Agreement
A U.S. legal agreement that establishes payment priority between multiple creditors lending to the same borrower.
find out more
Intercreditor And Subordination Agreement
A U.S. legal agreement that establishes priorities and relationships between different classes of creditors lending to the same debtor.
find out more
Deed Of Subordination
A U.S. legal document establishing priority between creditors, where one creditor agrees to subordinate their debt to another.
find out more
Intercompany Subordination Agreement
A U.S. law agreement establishing payment priorities between related companies' debts within a corporate group.
find out more
Non Disturbance Agreement
A U.S. legal agreement protecting tenant's lease rights during property foreclosure or ownership changes.
find out more
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)