Subordinated Debt Definition Example with 4 Variations

This page contains an example definition of Subordinated Debt, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Subordinated Debt. Is debt incurred by Borrower subordinated to Borrower's debt to Bank (pursuant to a subordination agreement entered into between the Bank, the Borrower and the subordinated creditor), on terms acceptable to Bank.

Variations

Subordinated Debt. Is debt incurred by Borrower subordinated to Borrower's debt to Bank (pursuant (and identified as subordinated by Borrower and Bank, pursuant to a subordination agreement entered into between the Bank, the Borrower and the subordinated creditor), on terms acceptable to Bank.
Subordinated Debt. Is is debt incurred by Borrower subordinated to Borrower's debt to Bank (pursuant (and identified as subordinated by Borrower and Bank, pursuant to a subordination agreement entered into between the Bank, the Borrower and the subordinated creditor), on terms acceptable to Bank.
Subordinated Debt. Is is debt incurred by Borrower subordinated to Borrower's debt to Bank (pursuant to a subordination agreement entered into between the Bank, the Borrower and the subordinated creditor), on terms acceptable to Bank.
Subordinated Debt. Is is debt incurred by Borrower subordinated to Borrower's debt to Bank (pursuant to a subordination agreement entered into between the Bank, the Borrower and the subordinated creditor), on terms acceptable to Bank. creditor).
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