APPENDIX B – SUBORDINATION AGREEMENT (Line 5 of Form 31-103F1 Calculation of excess working capital) SUBORDINATION AGREEMENTSubordination Agreement • August 31st, 2020
Contract Type FiledAugust 31st, 2020This Agreement is entered into by the Parties under National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) in connection with a loan made on the ____day of ________, 20__ by the Lender to the Registered Firm in the amount of $ _________________(the “Loan”) for the purpose of allowing the Registered Firm to carry on its business.