A Vermont subordination agreement to include future indebtedness to a secured party is a legal document outlining the terms and conditions regarding the priority of debt repayment among multiple creditors. This agreement is commonly used in commercial and real estate transactions to protect the rights of secured lenders and establish a hierarchy for debt repayment. Keywords: Vermont subordination agreement, future indebtedness, secured party, debt repayment, creditors, commercial transactions, real estate transactions, hierarchy. There are different types of Vermont subordination agreements that can be used to include future indebtedness to a secured party. Some of these may include: 1. General Subordination Agreement: This type of agreement establishes the priority of debt repayment between the primary lender and secondary lenders. It ensures that the primary lender's debt is repaid first, before any secondary lenders can claim repayment. 2. Collateral Subordination Agreement: In this type of agreement, the priority of debt repayment is determined based on the collateral securing the loan. It allows for the subordination of future indebtedness related to specific collateral while maintaining the priority of existing debt. 3. Intercreditor Agreement: An intercreditor agreement is a document that outlines the rights and obligations of multiple creditors involved in a transaction. It addresses the priority of debt repayment in case of default or bankruptcy and establishes a framework for coordination among lenders. 4. Construction Loan Subordination Agreement: This type of agreement is commonly used in real estate development projects. It establishes the priority of repayment for a construction loan relative to other loans, ensuring that the construction loan maintains its priority position throughout the project. 5. Mezzanine Loan Subordination Agreement: Mezzanine financing is a form of financing used in real estate transactions. This agreement outlines the priority of repayment for mezzanine loans in relation to other senior loans, providing clarity on the order in which different lenders must be repaid. By utilizing a Vermont subordination agreement to include future indebtedness to a secured party, parties involved in a transaction can establish a clear framework for debt repayment and protect their rights as creditors. This helps ensure that lenders receive their due repayment according to their agreed-upon priority and contributes to the smooth functioning of commercial and real estate transactions.