Contractual breaches or other events, the occurrence of which gives the lender the right to demand a full and immediate repayment of the loan (subject to cure rights). These are de ...

An agreement between various financiers providing loans or credits to a borrower that reconciles their different (potentially competing) interests. It formalizes their relationship ...

A legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor; acknowledges that one party’s claim or interest is su ...

The capital structure layer of funding between common equity and secured borrowing, usually subordinated (to the senior debt), and secured not by a lien on property, but secured by ...