This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. A Payoff Letter memorializes a debtor and lender's agreement regarding a debt obligation's early payment and termination. This is a template used to create and fill out a Collateral Receipt Form which is a document between a borrower and a lender containing details of the loan. This payoff letter sets forth payoff arrangements for a loan facility among borrowers, guarantors, a syndicate of lenders, and an agent for the syndicate. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership. This is a template payoff letter used to terminate a typical syndicated credit facility and release any related liens and security interests. When you take out an auto loan, your lender will be listed as a lienholder on the title. The debtors in filling out this form, or review it before it is sent to the Trustee.