Debtor is obligated to pay the secured party attorneys fees. In consideration of the indebtedness, debtor conveys and warrants to trustee certain property described in the land deed of trust.
Secured Debt Any With A Sinking Fund In San Jose
State:
Multi-State
City:
San Jose
Control #:
US-00181
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Funded debt is your debt that matures after more than one year or one reporting cycle. It's found on your balance sheet under your long-term liabilities, also referred to as long-term debt.
What Are Examples of Debt Financing? Debt financing includes bank loans, loans from family and friends, government-backed loans such as SBA loans, lines of credit, credit cards, mortgages, and equipment loans.
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The city shall have the power out of any funds available therefor to purchase its bonds. Case opinion for US Supreme Court IN RE SINKING FUND CASES.Read the Court's full decision on FindLaw. A sinking fund is an account a corporation uses to set aside money earmarked to pay off the debt from a bond or other debt issue. You can also use one to prepare for expected-but-not-planned-for expenses (like car repairs) that are sure to come in the future. The purpose of this Chapter is to establish procedures to secure credit facilities as set forth herein to support the operations of San José Clean Energy. (Ord.