Deed Of Trust Subordination Agreement Template for Australia

1. Security Trustee Provisions: Include when a security trustee is appointed to hold security for multiple creditors

2. Turnover Provisions: Include when there's a need to specify mechanisms for returning incorrectly received payments

3. Further Assurance: Include when parties need to execute additional documents or take further actions

4. Power of Attorney: Include when senior creditor requires power to act on behalf of subordinate creditor in specific circumstances

5. Deed of Priority: Include when multiple secured creditors require detailed priority arrangements

6. Assignment and Transfer: Include when parties anticipate potential transfers of rights or obligations

1. Schedule 1 - Senior Debt Details: Details of existing senior debt facilities and security interests

2. Schedule 2 - Subordinate Debt Details: Details of subordinated debt facilities and security interests

3. Schedule 3 - Trust Property: Description of trust assets subject to the subordination arrangement

4. Schedule 4 - Security Documents: List of relevant security documents and their priority

5. Schedule 5 - Form of Accession Deed: Template for new parties to accede to the agreement

6. Appendix A - Notice Requirements: Prescribed forms and procedures for notices under the agreement