*Contains Official Comments | **Special SOF for investment securities

Jargon File | commercial law knowledge base CGI interface

X clause

Average score: 0 (total votes: 0)

  1. A clause included in a subordination agreement to carve out certain property distributions that a junior creditor need not pay over to a senior creditor.
« Work letter | printable | add bookmark | Yield maintenance premium »


kb.cgi - generic knowledge base CGI interface | most popular | (c) William H. Widen 2002-2024