Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Date and Parties: Opening section identifying the date and all parties involved - Senior Creditor(s), Subordinated Creditor(s), and Debtor Company
2. Reference to Existing Debts: Clear identification of both the senior and subordinated debts, including amounts, dates, and nature of the debts
3. Subordination Declaration: Express statement of subordination, clearly stating that the subordinated debt ranks behind the senior debt
4. Payment Restrictions: Terms specifying when payments on subordinated debt can and cannot be made
5. Turnover Provisions: Requirements for subordinated creditors to turn over any received payments to senior creditors if received in violation of the subordination
6. Duration: Period for which the subordination arrangement will remain in effect
7. Acknowledgment: Formal acknowledgment by all parties of the subordination arrangement
8. Execution Block: Signature sections for all parties
1. Further Assurance: Additional commitments by parties to take necessary actions to give effect to the subordination - include when multiple jurisdictions or complex corporate structures are involved
2. Permitted Payments: Specific circumstances under which payments to subordinated creditors are allowed - include when certain payment exceptions are to be permitted
3. Filing and Registration: Requirements for recording or registering the subordination - include when dealing with secured creditors or regulatory requirements
4. Insolvency Provisions: Specific provisions dealing with bankruptcy or insolvency scenarios - include when significant insolvency risk exists
5. Amendment Process: Process for modifying the subordination arrangement - include when dealing with multiple creditors or long-term arrangements
1. Schedule 1 - Details of Senior Debt: Comprehensive list of all senior debt facilities, including dates, amounts, and key terms
2. Schedule 2 - Details of Subordinated Debt: Comprehensive list of all subordinated debt facilities, including dates, amounts, and key terms
3. Schedule 3 - Existing Security: Details of any security interests relating to either the senior or subordinated debt
4. Appendix A - Form of Acknowledgment: Standard form for any additional parties who may need to acknowledge the subordination in the future
5. Appendix B - Payment Waterfall: Detailed breakdown of payment priority in various scenarios
Senior Debt
Senior Finance Documents
Subordinated Creditor
Subordinated Debt
Subordinated Finance Documents
Debtor
Enforcement Action
Enforcement Date
Event of Default
Insolvency Event
Permitted Payment
Security
Security Interest
Subordination Period
Turnover Proceeds
Distribution
Business Day
Hong Kong
Law
Payment in Kind
Discharge Date
Final Discharge Date
Acceleration Event
Priority of Payments
Restructuring
Delegate
Agent
Related Rights
Liabilities
Priority of Payments
Payment Restrictions
Turnover
Enforcement
Permitted Payments
Representations and Warranties
Further Assurance
Duration
Assignment and Transfer
Amendment and Waiver
Notices
Governing Law
Jurisdiction
Counterparts
No Contest
Security Preservation
Information Rights
Default
Remedies
Insolvency Provisions
Set-Off
Third Party Rights
Severability
Entire Agreement
Banking and Financial Services
Real Estate and Property Development
Manufacturing
Trading and Distribution
Construction
Technology and Innovation
Infrastructure Development
Retail
Healthcare
Hospitality and Tourism
Legal
Finance
Treasury
Corporate Finance
Risk Management
Compliance
Credit Administration
Company Secretarial
Debt Management
Investment
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Finance Manager
Risk Manager
Credit Manager
Debt Restructuring Officer
Investment Manager
Relationship Manager
Compliance Officer
Company Secretary
Financial Controller
Portfolio Manager
Loan Officer
Find the exact document you need
To Whom It May Concern Letter For Bank Account Opening
A formal letter used in Hong Kong to initiate and support a bank account opening application, complying with local banking regulations and requirements.
Thank You Letter After Work Experience
A professional thank you letter following work experience completion in Hong Kong, expressing gratitude and maintaining business relationships in accordance with local professional standards.
Professional Indemnity Proposal Form
A Hong Kong-compliant Professional Indemnity insurance proposal form for professional service providers seeking PI coverage in the Hong Kong market.
Letter For Excuse
A formal document under Hong Kong jurisdiction used to communicate and document legitimate reasons for absence or non-fulfillment of obligations in a professional context.
Leave Extension Letter For Father Medical Treatment
A Hong Kong-compliant formal letter requesting an extension of approved leave to continue caring for a father requiring medical treatment.
Financial Support Letter For Student Visa
A formal declaration document required by Hong Kong Immigration authorities, confirming a sponsor's commitment to financially support an international student during their studies in Hong Kong.
Letter For Travel Permission
A Hong Kong-compliant formal document granting authorization for an individual's travel, typically used for minors or supervised travel arrangements.
Leave Letter For Eye Check Up
A formal leave request letter for eye check-up purposes, compliant with Hong Kong employment regulations and business practices.
Letter To Bank For Change In Authorised Signatory
A formal letter to a bank in Hong Kong requesting changes to authorized signatories for company bank accounts, complying with local banking regulations.
Reminder Letter For End Of Contract To Employer
A formal letter under Hong Kong law notifying an employer of an approaching employment contract end date and outlining necessary actions for contract closure.
Payment Declaration Letter
A formal document under Hong Kong law that declares and confirms payment details, used for legal and business purposes.
Leave Application Letter For Office
A formal leave request document used in Hong Kong workplaces, compliant with local employment law, for employees to request and document time off from work.
Emergency Leave Letter For Medical Treatment
A formal letter requesting immediate leave for medical treatment under Hong Kong employment law.
Leave Extension Letter
A formal document under Hong Kong employment law that extends an employee's existing leave period, detailing the extension terms and conditions.
Emergency Leave Letter For Family Problem
A formal letter requesting emergency leave for family matters under Hong Kong employment law, including leave duration and work continuity arrangements.
Authorization Letter For Claiming Salary
A Hong Kong-compliant legal document authorizing a designated person to collect an employee's salary on their behalf.
Leave Application Letter
A formal letter used in Hong Kong to request and document employee leave, compliant with Hong Kong Employment Ordinance requirements.
Letter For Employment As A Teacher
A Hong Kong-compliant employment letter template for teaching positions, outlining employment terms and conditions in accordance with local education and employment laws.
Job Application Form
A Hong Kong-compliant job application form for collecting candidate information and declarations in accordance with local employment laws.
Maternity Leave Application Letter
A formal letter requesting statutory maternity leave under Hong Kong's Employment Ordinance, including pregnancy notification and proposed leave dates.
Mail For Maternity Leave
A formal notification letter for maternity leave under Hong Kong employment law, detailing pregnancy status and proposed leave arrangements.
Authorization Letter To Collect Cheque
A Hong Kong-compliant legal document authorizing a specified person to collect a cheque on behalf of the rightful payee.
Authorization Letter To Claim Cheque
A Hong Kong law-governed letter authorizing a designated person to claim a cheque on behalf of the cheque owner.
Authorization Letter On My Behalf
A Hong Kong-compliant formal letter granting specific powers to an appointed person to act on behalf of the grantor.
Transfer Lease Agreement Letter
A formal letter used in Hong Kong to facilitate and document the transfer of lease rights from an existing tenant to a new tenant, subject to Hong Kong property law.
Travel Invoice
A Hong Kong-compliant billing document for travel services that details costs, services, and relevant regulatory information under Hong Kong travel industry laws.
Medical Invoice
A Hong Kong-compliant medical billing document that records healthcare services provided and associated charges, meeting local healthcare and tax regulations.
Letter Of Claim Personal Injury
A formal legal document under Hong Kong law that initiates a personal injury claim, detailing the injury circumstances, legal basis, and compensation sought.
Daycare Receipt
A Hong Kong-compliant receipt document for daycare services, including payment details and necessary regulatory information.
Transfer Letter From Employer
A Hong Kong-compliant formal letter documenting an employee's internal transfer, including new role details and employment terms.
To Whom It May Concern Authorization Letter
A Hong Kong-compliant authorization letter that formally delegates specific powers or authority from one party to another, commonly used for business and personal matters.
Salary Transfer Letter
A Hong Kong-compliant document that formalizes the arrangement for transferring an employee's salary to their designated bank account.
Payment Collection Letter
A formal payment demand letter under Hong Kong law used to collect outstanding debts and initiate the debt recovery process.
Loan And Mortgage Agreement
A Hong Kong law-governed agreement combining loan terms with property security arrangements, establishing lending conditions and mortgage rights.
Machinery Lease Agreement
A Hong Kong law-governed agreement establishing terms and conditions for machinery or industrial equipment leasing, including rental terms, maintenance obligations, and operational requirements.
Letter Of Agreement For Research Collaboration
A Hong Kong-law governed agreement establishing terms and conditions for research collaboration between institutions, including IP rights, confidentiality, and operational procedures.
Leave Confirmation Letter From Employer
An official employer document confirming approved employee leave arrangements under Hong Kong employment law.
Formal Lease Agreement
A legally binding lease agreement under Hong Kong law establishing terms and conditions for property rental between landlord and tenant.
Clearance Certificate For Employee
A Hong Kong-compliant document confirming an employee's completion of all exit procedures and obligations upon employment termination.
Charterers Bill Of Lading
A Hong Kong law-governed document issued by charterers acting as carriers, serving as cargo receipt, contract of carriage evidence, and document of title in maritime transport.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it


.png)
.png)