A Subordinated Promissory Note is a legal document that outlines the terms of a loan between two parties.
The Subordinated Promissory Note (Genie AI) is a legal template that outlines the terms and conditions of a loan agreement in which the lender agrees to subordinate their position to other creditors. It provides the borrower with a loan document that specifies repayment terms and conditions while ensuring priority for other creditors in case of default or bankruptcy.
