I have been haunted by a phrase from a recent Inside Higher Ed article: “subordinate learner.” Tim Cassedy argues that in order to succeed, graduate students must be “subordinate learners,” existing ...
Discover how subordination clauses protect lenders in loans and mortgages, ensuring debt priority and secure repayments in refinancing, foreclosures, or bankruptcy.
One of the more material provisions in an intercreditor agreement between a mortgage lender and a mezzanine lender is the “payment subordination” provision. A typical payment subordination provision ...