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Lien Subordination Agreement in Respect of Shared Collateral


Book Publication Date: Aug 2014
Description: Example of a lien subordination agreement in respect of "shared collateral" (for example, collateral in which both the senior creditor and the junior creditor have an interest)
Type: Contracts
PLI Item #: 40591
Practice Area: Banking
Keywords: "intercreditor agreement"; first lien agent; second lien agent; guarantor; guaranty; "DIP financing"; insolvency proceeding; letter of credit; subordinations; pledged collateral; triggering event; standstill notice

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