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The Security, Priority & Subordination Agreements Business/Services Section
Subordination, Non-Disturbance and Attornment Agreement
 This agreement is between a Tenant, a Landlord and a Landlord's Lender. The Tenant agrees that his/her interest in the premises are subordinate to Lender's interests. Lender promises that if there is a default by the Landlord on the mortgage, the Lender will honor the lease and not disturb Tenant, so long as Tenant is not in default. This packet includes: (1) Subordination, Non-Disturbance and Attornment Agreement Information (2) Subordination, Non-Disturbance and Attornment Agreement State Law Compliance: Designed for use in all states. Among others, this form includes the following provisions: |
Assignment of Debt as Security - Interest Permitted
| Assignment of a debt owing to a party, assigning the debt to a lender as collateral security for amounts owing to the lender. This agreement allows for the assignor to continue charging interest on the debt. This form includes special formatting features to assist you in completing the agreement. |
Assignment of Debt as Security - No Interest Permitted
| Assignment of a debt owing to a party, assigning the debt to a lender as collateral security for amounts owing to the lender. This agreement does not allow for the assignor to continue charging interest on the debt. This form includes special formatting features to assist you in completing the agreement. |
Assignment of Deposit Account as Security
| Assignment to a creditor of deposit account as security for monies owing to the creditor. This form includes special formatting features to assist you in completing the agreement. |
Assignment of Life Insurance as Security
| Assignment to a creditor of life insurance as security for monies owing to the creditor. This form includes special formatting features to assist you in completing the agreement. |
Assignment of Specific Accounts as Security
| Under this agreement, Assignor will assign certain of his accounts to Assignee as security on existing and future indebtednees. This form includes special formatting features to assist you in completing the agreement. |
General Security Agreement
| Often the Lender of a loan will want some additional assurance, usually in the form of collateral, in case the Borrower fails to repay the loan. To ensure that that collateral is collectible in the case of a default, the parties will often enter into another agreement—a security agreement. A security agreement sets out the rights of the Lender with regard to the collateral. Please note that you must register this Agreement in accordance with Provincial Legislation. This form includes special formatting features to assist you in completing the agreement. |
Pari Passu Agreement
| Agreement between two lenders and a borrower where the lenders agree that their security interests in the assets of a borrower will rank equally in case of a default. This form differs from other guarantees in that there is no set limit to the guarantors obligations under the agreement . This form includes special formatting features to assist you in completing the agreement. |
Subordination Agreement
| This three-party agreement is made among a debtor and two of its secured creditors whereby one creditor subordinates (agrees that the other crediotr willl have priority with regard to the secured asset) its security to the other. This form includes special formatting features to assist you in completing the agreement. |
Subordination Agreement - Except Inventory - Short Form
| This three-party agreement is made among a debtor and two of its secured creditors whereby one creditor subordinates (agrees that the other crediotr willl have priority with regard to the secured asset) its security to the other. However, in this agreement, the first creditor will retain priority over the second creditor with regard to inventory. This form includes special formatting features to assist you in completing the agreement. |
Subordination Agreement - Short Form
| This three-party agreement is made among a debtor and two of its secured creditors whereby one creditor subordinates (agrees that the other crediotr willl have priority with regard to the secured asset) its security to the other. This form includes special formatting features to assist you in completing the agreement. |
Set-Off Agreement
| This agreement is used when two parties that are indebted to one another. Pursuant to this agreement, the parties' debts will be "set-off" against one another so that the party with the smaller debt will not owe anything and the party with the larger debt will owe the difference between the two debts. This form includes special formatting features to assist you in completing the agreement. |