Deed Of Subordination Template for Germany

1. Security Provisions: Required when the subordination involves secured debt, addressing ranking of security interests

2. Insolvency Provisions: Detailed provisions for insolvency scenarios, particularly relevant for cross-border arrangements

3. Further Assurance: Additional provisions requiring parties to take further actions to perfect the subordination

4. Assignment and Transfer: Provisions governing the transfer of rights under the deed, particularly relevant for syndicated facilities

5. Amendments and Waivers: Specific provisions for modifying the deed, relevant for complex multi-party arrangements

6. Costs and Expenses: Allocation of costs related to the preparation and execution of the deed

1. Schedule 1 - Details of Senior Debt: Comprehensive list and details of all Senior Debt covered by the subordination

2. Schedule 2 - Details of Junior Debt: Comprehensive list and details of all Junior Debt subject to subordination

3. Schedule 3 - Form of Accession Deed: Template for additional parties to accede to the subordination arrangements

4. Schedule 4 - Notice of Subordination: Form of notice to be given to relevant parties regarding the subordination

5. Appendix 1 - Execution Formalities: Specific requirements for execution under German law, including notarization requirements if applicable