${Title}

Join Now

Debenture

Company

This document can be used as a template for a debenture bond. A debenture bond is a type of debt instrument unsecured by collateral that is used by corporates to raise capital or funds.

How to Tailor the Document for Your Need?


01

Create Document

Click "Create Document" button and the document will be prepared with your account details automatically filled in.

02

Fill Information

Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.

03

Get Document

When you are done, click the "Get Document" button and you can download the document in Word or PDF format.

04

Review Document

Please review the document carefully and make any final modifications to ensure that the details are correct before publication / distribution.

Document Preview


Document Description

This document can be used as a template for a debenture bond. A debenture bond is a type of debt instrument unsecured by collateral that is used by corporates to raise capital or funds.

This debenture agreement sets out the duties of the company towards the debenture holder. The Company is expected to pay the Holder of the Debenture on a monthly basis while there is an outstanding balance on the Debenture. The payment method of this debenture is by amortizing payments with interest.

The Principal Amount to be paid, Interest Rate and Payment Date should all be clearly stated in the debenture.

The debenture will usually also contain clauses concerning matters related to late/default payment, transferral of the debenture, notices, waiver, severability etc.

 

How to use this Document?

This document should be carefully read by the Debtor and Creditor.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed by 1-2 witnesses.

The Principal Loan to be promised and repaid, Interest Rate, and Interest Payment Date should all be clearly stated in the promissory note.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.

 

 

Related Documents