SUBORDINATION AGREEMENT – REGULATORY AGREEMENT ONLY GOVERNMENTAL ENTITY – TEL (Forward) (Revised 6-27-2023)Subordination Agreement – Regulatory Agreement • May 10th, 2023
THIS SUBORDINATION AGREEMENT FOR REGULATORY AGREEMENT ONLY (“Agreement”) is effective as of the ___ day of _________, 20__ by [NAME OF GOVERNMENTAL ENTITY], a ________________________ (“Governmental Entity”), and [NAME OF BORROWER], a __________________ (“Borrower”), for the benefit of [NAME OF FISCAL AGENT], a ________________________________ (“Lender”).
