Common Contracts
1 similar Lender Subordination Agreement contracts
LENDER SUBORDINATION AGREEMENTLender Subordination Agreement • May 5th, 2020
THEREFORE, in consideration of the Government's agreement to make such loan to the Borrower, the Lender (a) consents to the borrower obtaining the loan from the Government for such purposes; and (b) agrees to and does subordinate in favor of the Government its liens and security interests created or evidenced by the above-described instruments insofar as they cover the following described property and provided the Government perfects a lien on that property (12):
