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LSDefine

Simple English definitions for legal terms

reissuable note

Read a random definition: vicar general

A quick definition of reissuable note:

A reissuable note is a written promise to pay money to someone. It's like an IOU. The person who writes the note promises to pay the money back to the person they owe it to. A reissuable note can be used again after it has been paid once. It's like recycling!

A more thorough explanation:

A reissuable note is a type of promissory note that can be put back into circulation after it has been paid once. A promissory note is a written promise by one party to pay money to another party or to bearer. A note is a two-party negotiable instrument, unlike a draft which is a three-party instrument.

For example, if a company issues a reissuable note to borrow money from an investor, and the investor is repaid, the company can issue the same note to another investor to borrow money again. This makes it easier for the company to borrow money without having to create a new note each time.

Another example of a promissory note is a mortgage note, which is a note that evidences a loan for which real property has been offered as security. This means that if the borrower fails to repay the loan, the lender can take possession of the property.

Overall, a reissuable note is a useful tool for companies to borrow money repeatedly without having to create a new note each time. It is a type of promissory note that can be put back into circulation after it has been paid once.

reissuable error | reissue

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10:13
Do you have Discord
но здравствуй да русский мой первый язык так что :)
10:13
Ахахахах ну давай, добавь меня бро
JumpySubsequentDolphin
10:13
@BulbasaurNoLikeCardio: I’m very confused how would that interfere
10:13
Ща кину свой ник
10:13
Ща кину свой ник
BulbasaurNoLikeCardio
10:14
@babycat: then it sounds like if you get them pierced itll just be a secrete to surprise your future boo with since thy wont be poking out of your shirt
10:14
@jackfrost11770: reynard1 на Дискорде
babycat
10:14
yeah but like is that worth it for me? prob not. I think I like them the way they are
BulbasaurNoLikeCardio
10:15
@JumpySubsequentDolphin: For nose piercing I am thinking the like middle of your nose with the ring kinda thing, think itll like restrict airflow
babycat
10:15
woah you got a word for discord in russian that’s crazy
спасибо 🫡
triplethread
10:15
@BulbasaurNoLikeCardio: My nose is pierced and I run like 10 miles a week im good haha
BulbasaurNoLikeCardio
10:16
@babycat: if you are happy with them they look perfect, and if they are as big as you say I am sure people will still be looking with or without the piercing so you will get attention either way
Dkk
10:16
Closest I get to Russian is Lazy Square's cartoons. Should watch them. All very short cus he is lazy. https://www.youtube.com/watch?v=sGBkneu30Aw
JumpySubsequentDolphin
10:16
@BulbasaurNoLikeCardio: ohhh you mean septum? I think septum is even less painful than a nostril piercing
warning my discord pfp is fun lol and also i haven't changed my username since high school because i didn't feel like it 😭
10:18
LMAO yeah you have a fun pfp
BulbasaurNoLikeCardio
10:20
Yes the septum, so they don't feel weird or mess with breathing/running at all even when flipped in? At limit
snow
10:23
its been a quiet morning so far
LSDFan
10:23
i have no hope for today
JumpySubsequentDolphin
10:24
idk about septums, i only have nostril pierced @bulb
triplethread
10:24
snow i think we will prob hear back from kent the week of dec 1st
10:24
Past 10am and ....nothing
JumpySubsequentDolphin
10:24
I think UCLA a wave today no?
babycat
10:24
🚑
What time have UCLA waves been at
Dkk
10:24
It's only 7:24 AM. We on the west coast control the time.
thismanatemyson
10:25
UCLA please save me
triplethread
10:25
snow if i dont get invited for an honors college interview i might freak
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