note purchase agreement

note purchase agreement
USA
A contract for the sale and purchase of notes that allows a company (the seller) to raise money for general corporate purposes, to complete an acquisition or for other purposes. The purchaser invests in the company through the purchase of the notes. Similar to a loan agreement, the seller must fulfill conditions precedent, make representations and warranties and comply with covenants described in the note purchase agreement. It also specifies the notes maturity date and the interest payment dates during the term of the agreement. On the maturity date, the purchaser returns the notes to the seller for the price for which they were purchased plus interest as described in the note purchase agreement.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • purchase — Transmission of property from one person to another by voluntary act and agreement, founded on a valuable consideration. Spur Independent School Dist. v. W. A. Holt Co., Tex.Civ.App., 88 S.W.2d 1071, 1073. To own by paying or by promising to pay… …   Black's law dictionary

  • Note Issuance Facility — (NIF) is an underwriting agreement/arrangement in the Eurocurrency market under which borrowers place short/medium term (one to six months) notes via a syndicate of prime/commercial banks, and the borrowers issue is backed by the commitment of… …   Wikipedia

  • underwriting agreement — USA In a registered offering, the agreement between the company and the underwriters concerning the offering of the securities. The underwriting agreement contains an agreement by the underwriter(s) to purchase the offered securities from the… …   Law dictionary

  • hire purchase — /haɪə pɜ:tʃɪs/ noun a system of buying something by paying a sum regularly each month ● to buy a refrigerator on hire purchase Abbr HP (NOTE: American English is installment plan or installment sale) ♦ to sign a hire purchase agreement to sign a… …   Marketing dictionary in english

  • hire purchase — /ˌhaɪə pɜ:tʃɪs/ noun a system of buying something by paying a sum regularly each month ● to buy a refrigerator on hire purchase (NOTE: The US term is installment credit, installment plan or installment sale.) ♦ to sign a hire purchase agreement… …   Dictionary of banking and finance

  • Offset agreement — Defense offset agreements are legal trade practices in the aerospace and military industries. These commercial practices do not need state regulations but, since the purchasers are mostly military departments of sovereign nations comparable to… …   Wikipedia

  • Anglo-German Naval Agreement — Infobox Treaty name = Anglo German Naval Agreement (A.G.N.A) long name = Exchange of Notes between His Majesty s Government in the United Kingdom and the German Government regrading the Limition of Naval Armaments type = Naval limitation… …   Wikipedia

  • North American Free Trade Agreement — NAFTA redirects here. For other uses of the acronym, see Nafta (disambiguation). North American Free Trade Agreement Tratado de Libre Comercio de América del Norte (Spanish) Accord de Libre échange Nord Américain (French) …   Wikipedia

  • Credit note — Finance Financial markets Bond market …   Wikipedia

  • U.S.–India Civil Nuclear Agreement — U.S. President George W. Bush and India s Prime Minister Manmohan Singh exchange handshakes in New Delhi on March 2, 2006. The 123 Agreement signed between the United States of America and the Republic of India is known as the U.S. India Civil… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”