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Intercreditor Agreements

By Brad Nielsen and Sean Gillen
November 25, 2013

Editor's Note: This is the second article in a series covering various aspects of intercreditor agreements.

One of the more intriguing aspects of working with intercreditor agreements is that the parties generally work with a blank canvas to craft a deal-specific agreement tailored to the relationship between the parties and the requirements of the transaction. Unlike other aspects of commercial finance practice, such as Uniform Commercial Code (“UCC”) financing statements, parties are not bound by required formats or limitations as to the structure and content of intercreditor agreements.

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