This cession of priority of rank agreement template has 3 pages and is a MS Word file type listed under our finance & accounting documents.
CESSION OF PRIORITY OF RANK AGREEMENT This Cession of Priority of Rank Agreement (the �Agreement�) is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Creditor"), 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 "Debtor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS [YOUR COMPANY NAME] are or will be creditors of [COMPANY NAME] (the �Debtor�); WHEREAS the Debtor has granted