An EPS is similar to a Bond Indenture (or Trust Indenture), as both are contracts between an issuer and a company on the terms of a loan. While an EPS is an agreement between the issuer and the songwriter of the new issue, indenture is a contract between the issuer and the agent representing the interests of bond investors. Standby Sales Contract means an agreement between the district and another person under which that person is required to purchase option obligations or firm tendering obligations that are offered for sale. Bond purchase agreements are generally privately invested securities or investment vehicles issued by small companies. These titles are not for sale to the general public, but are sold directly to sub-authors. In addition, arrangements to borrow may be exempted from SEC registration requirements. After the issuer delivers the bonds to the underwriter, the underwriter will put the bonds on the market at the price and yield set out in the bond purchase agreement, and investors will buy the bonds from the underwriter. . . .