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subordination agreement

  • 承认次要债务协议

网络释义英英释义

  从属合同

【英文名称】 Subordination Agreement 【中文名称】 从属合同 【合同类型】 金融财务[Finance] → 借款协议[Loan Agreements] 正文 简单编辑 SUBORDINATION AGREEMEN

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Subordination agreement

  • abstract: A subordination agreement is a legal document used to make the claim of one party junior to (or inferior to) a claim in favor of another. It is generally used to grant first lien status to a lienholder who would otherwise be secondary to another party, with the approval of the party that would otherwise have first lien.

以上来源于: WordNet

双语例句

  • IV. The Lender is entitled to stipulate the disposal of guaranty and hypothecation in term of contractual stipulations or the stipulations in the subordination agreement of the contract.

    贷款人有权依照本合同本合同从属合同规定抵押物、质押权利进行处分

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  • Clause in loan agreement precluding subordination of the loan to other debt.

    贷款协议中的一项条款排除本贷款其它债务从属性。

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