Intercompany Subordination Agreements are essential in complex corporate structures where multiple group entities have lending relationships with each other. This document becomes particularly important in Singapore's business environment, where many multinational companies establish regional headquarters. The agreement specifies which intercompany debts take priority over others, establishes payment restrictions, and includes turnover provisions. It's crucial for risk management and protecting senior creditors' interests, especially in restructuring or insolvency scenarios. The agreement must comply with Singapore's robust legal framework, including the Companies Act and insolvency laws.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Intercompany Subordination Agreement
"I need an Intercompany Subordination Agreement for our Singapore-based tech group with three subsidiaries, where the parent company's debt should take priority over all subsidiary debts, to be effective from March 2025."
1. Parties: Identification of all participating companies and their roles (Senior Creditors, Subordinated Creditors, Debtor)
2. Background: Context of the subordination arrangement and existing debt relationships
3. Definitions: Key terms including Senior Debt, Subordinated Debt, Enforcement Action, etc.
4. Subordination: Core provisions establishing the subordination arrangement
5. Turnover Provisions: Requirements for subordinated creditors to turn over received payments
6. Payment Restrictions: Limitations on payments to subordinated creditors
7. Enforcement Restrictions: Limitations on enforcement actions by subordinated creditors
1. Security Provisions: Additional provisions required when any of the debt is secured
2. Intercreditor Provisions: Additional provisions governing relationships between multiple creditors when multiple classes of creditors are involved
3. Cross-Border Provisions: Provisions dealing with foreign law aspects when parties or assets are in multiple jurisdictions
1. Form of Accession Deed: Template for additional parties to join the agreement
2. Details of Existing Debt: Schedule listing all relevant existing debt arrangements
3. Form of Payment Blockage Notice: Template for notifying payment restrictions
4. Security Documents: List of relevant security documents if secured debt is involved
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Attornment And Non Disturbance Agreement
A Singapore law agreement establishing rights and obligations between landlord, tenant, and lender in property financing arrangements, ensuring lease continuation during ownership changes.
find out more
Postponement And Subordination Agreement
A Singapore law agreement establishing debt priority between creditors, subordinating junior debt to senior debt obligations.
find out more
Deed Of Attornment
A Singapore legal document that establishes the relationship between a new landlord and existing tenant when property ownership changes.
find out more
Subordinated Creditors Security Agreement
A Singapore law agreement establishing priority and ranking of creditors' security interests over assets, with subordination arrangements.
find out more
Letter Of Subordination Of Debts
A Singapore law-governed document establishing priority between different creditors, where one creditor agrees to subordinate their debt claims to another.
find out more
Loan Subordination Agreement
A Singapore law-governed agreement establishing payment priority between senior and junior creditors in a lending arrangement.
find out more
Intercreditor And Subordination Agreement
A Singapore law-governed agreement establishing priorities and rights between different classes of creditors in relation to shared security and debt obligations.
find out more
Deed Of Subordination
A Singapore law-governed deed that establishes the ranking and priority between different debts owed by a debtor.
find out more
Intercompany Subordination Agreement
A Singapore law-governed agreement establishing payment priorities between different entities within a corporate group for their intercompany debt obligations.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.