VIEWS: 890 PAGES: 10 CATEGORY: Financing With Debt POSTED ON: 12/8/2011
This document creates a cash-subordinated loan agreement. As drafted, the lender subordinates any right to receive payment to all claims of present and future creditors of the borrower. This document contains common language used in similar agreements but its terms may be modified, to allow for a one-time lump-sum repayment or for installment payments, and to allow certain types of early repayments. This agreement can be used by a borrower or a lender.
"Cash Subordinated Loan Agreement"