CLOSING DATE Definition

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CLOSING DATE is the date the purchase of the asset becomes final and you, the new owner, obtain title.

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CERTIFIED PAYROLL REPORT means the record that a contractor or subcontractor engaged on a public work is required to submit to an awarding government body with a statement of compliance as required pursuant to regulations for each month in which the contractor or subcontractor employs one or more workmen in connection with the public work.

BOND INDENTURE is the title specifying all the obligations of the issuing company to the bondholder.

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