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This INTERCREDITOR AGREEMENT, dated as of _________(M,D,Y) (this 'Agreement'), is among AAA (the 'Subordinating Creditor'), BBB, a _________(PLACENAME) corporation (the 'Debtor'), and CCC LLC, as agent for the DDD (the 'Senior Creditor').
RECITALS
A The Senior Creditor has or expects to acquire a security interest in assets of the Debtor in which the Subordinating Creditor has an interest, including but not limited to the Senior Creditor Collateral.
This INTERCREDITOR AGREEMENT, dated as of _________(M,D,Y) (this 'Agreement'), is among AAA (the 'Subordinating Creditor'), BBB, a _________(PLACENAME) corporation (the 'Debtor'), and CCC LLC, as agent for the DDD (the 'Senior Creditor').
RECITALS
A The Senior Creditor has or expects to acquire a security interest in assets of the Debtor in which the Subordinating Creditor has an interest, including but not limited to the Senior Creditor Collateral.