Letter of Subordination Agreement to Secured Debt



Letter of Subordination Agreement to Secured Debt :




This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXX
Phone Number : 0000 - 123456789


TO :

The Receiver's Name,
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXXX


Date :


Reference :


Dear _____________,


FOR VALUE RECEIVED, the undersigned having or acquiring a security interest in the following collateral of _, [Debtor], hereby agrees that said security interest shall be subordinate to security interest or lien of _, dated _, 19_, in the following collateral of the security agreement.


[Describe]


Signed under seal this day of (DATE).


Yours Sincerely,


(The Sender's Signature)


The Sender's Name


Assented to : :


Debtor :




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Letter of Subordination Agreement to Secured Debt
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