A Subordinate Loan Agreement is a legal document that outlines the terms and conditions of a loan from a secondary lender that is subordinate to a primary loan.
The Subordinate Loan Agreement (Genie AI) is a legal template that outlines the terms and conditions of a subordinate loan, where one lender agrees to lend money to a borrower on a secondary basis, meaning the loan will have a lower priority than other loans in the event of default or insolvency.
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