Subordination and Cession of Priority Leased Equipment Template

This subordination and cession of priority leased equipment template has 1 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our subordination and cession of priority leased equipment template:

SUBORDINATION AND CESSION OF PRIORITY This Subordination and Cession of Priority (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Lessor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the "Lessee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] REFERENCE: Leases (the "Leases") of Lessor and [COMPANY NAME] and related accessories (the "Equipment") by Lessor to [COMPANY NAME] ("Lessee") and sub-lease by Lessee to its group members (the "Sub-Leases")