| Priorities Agreement between secured parties ($12.50) | |
Use this template to prepare a Priorities Agreement between a debtor and two or more lenders who are secured parties of the debtor as to the priority of their security. Provisions of the agreement include:
- 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.
This is a generic legal agreement in MS Word format, and is not specific to any country or region.
Click here to download this file.
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