Common Contracts

1 similar Subordination Agreement contracts

SUBORDINATION AGREEMENT ( HCD)
Subordination Agreement • May 5th, 2020

THIS SUBORDINATION AGREEMENT (this “Agreement”) dated as of the 1st day of _______, 201_, is made by and between the DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT, a public agency of the State of California (together with its permitted successors and assigns as legal or beneficial owner of the Junior Loan Documents or the Senior Regulatory Agreement) (“Junior Lender”) and [______________] (together with its successors and assigns as legal holder of the Senior Note, “Senior Lender”).

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