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ARTICLE · 26 MAY 2023

Arrangements With Third-Party Creditors: Inter-Creditor And Priorities Agreements (Video)

Gowling WLG
Gowling WLG
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In earlier videos, we discussed the use of subordination and postponement agreements to protect a senior creditor from vendor take-back lenders and other third-party creditors...

CanadaReal Estate and Construction
Richard Dusome
Richard Dusome
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In earlier videos, we discussed the use of subordination and postponement agreements to protect a senior creditor from vendor take-back lenders and other third-party creditors. In many situations, using a subordination agreement will be sufficient. However, there may be complex deals where that won't be enough to address all of the special features of the deal.

In this video, we discuss:

  • Why this is a useful lender arrangement
  • Custom deal arrangements
  • Five common terms in an agreement

Transcript

Hi my name is Richard Dusome and I'm a Financial Services lawyer at Gowling WLG. This video is part of our Arrangements with Third Party Creditors video series.

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