Subordination Agreement - Except Inventory - Short Form
for Your State
This Subordination Agreement (Except for Inventory/Short Form) will set out the security interests between a debtor and two creditors. This form can be tailored to fit your unique situation.
This Subordination Agreement is between a debtor, original creditor and a new creditor who has agreed to provide a loan to the debtor. In this agreement the original creditor agrees to subordinate all security interest to the new creditor except security in debtor's inventory which is pledged to original creditor. This agreement sets out the names of all parties and the amount and date of the loan. It also sets out the exclusion of inventory which is secured by the original loan. A written Subordination Agreement (Except for Inventory) will prove invaluable in the event there are disagreements or miscommunication between the parties about the loan security. This agreement is set forth in a short format.
This Subordination Agreement (Except for Inventory/Short Form) includes the following:
Protect yourself and your company by using our attorney-prepared forms.
This attorney-prepared packet contains:
This Subordination Agreement (Except for Inventory/Short Form) includes the following:
- Parties: Identity of both creditors and the debtor;
- Loan Information: Sets forth the amount and date of loan agreement between the debtor and the new creditor;
- Consent/Disentitlement: Sets forth original creditor's consent to new creditor's rights to security and disentitlement of new creditor's security in debtor's inventory.
Protect yourself and your company by using our attorney-prepared forms.
This attorney-prepared packet contains:
- General Instructions
- Subordination Agreement (Except for Inventory/Short Form)
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28646
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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