Encyclopedia
Intercreditor Agreement
An intercreditor agreement is an agreement regarding the order in which all creditors make decisions and perform their obligations with respect to the borrower and other persons in connection with the provision of a loan (credit) to the borrower, its servicing, and repayment1.
Federal Law No. 486-FZ dated December 31, 2017 "On Syndicated Credit (Loan) and Amending Certain Legislative Acts of the Russian Federation". 2017, as amended on August 3, 2025, Article 2, paragraph 5.1. ↩