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Pari Passu Agreement

Pari Passu Agreement is an Agreement between two lenders and a borrower where the lenders agree that their security interests in the assets of a borrower will rank equally in case of a default. This type of form differs from other guarantees in that there is no set limit to the guarantors obligations under the agreement.

See form: Pari Passu Agreement

Note: Some forms not suitable for use in the province of Quebec. Check form details.

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