Intercreditor Agreement
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Definition
An "Intercreditor Agreement" is a contract between two or more creditors that establishes the hierarchy and relationship of their claims against a common debtor. The agreement sets forth the rules and procedures for the distribution of assets and proceeds in the event of the debtor's default, bankruptcy, or insolvency.
Class Relationships
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See Also
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Additional Information
Metadata
Comment
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Description
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Editorial Information
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Editorial Note
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Identifier
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Deprecated
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Source and Origin
No source or origin information available