Postponement of Claims Agreement
for Your State
Agreement where a creditor of a corporation agrees not to be repaid on any claims until another creditor is repaid.
This agreement is to be used where a creditor (often a shareholder or investor) in a corporation agrees not to be repaid on any claims until a 2nd creditor is repaid. This type of agreement is usually made when the 2nd creditor refused to make a loan unless there is an assurance that it will be repaid first. This agreement does not allow the periodic repayment of interest to be paid to the 1st creditor until all of the indebtedness to the 2nd creditor has been paid off.
This form includes special formatting features to assist you in completing the agreement.
This form includes special formatting features to assist you in completing the agreement.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
