Sentence With Indenture In Pennsylvania - Release and Cancellation of Trust Agreement - Trust Indenture
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On the completion of his indenture, he continued to attend night school. The apprenticeship indentures were signed by the guild master and the apprentice's guardian.
The Indenture pledges certain revenues as security for repayment of the Bonds. The Trustee agrees to act on behalf of the holders of the Bonds and to represent their interests.
An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.
All bond covenants are part of a bond's legal documentation and are part of corporate bonds and government bonds. A bond's indenture is the portion that contains the covenants, both positive and negative, and is enforceable throughout the entire life of the bond until maturity.
What is the primary purpose of a bond indenture? To specify the bond's features and identify the issuer's sources of repayment. To provide a detailed history of the issuer's past financial performance.
They bound themselves to work as indentured labourers for a set number of years on the plantations. This example is from Wikipedia and may be reused under a CC BY-SA license. Between 1834 and 1921, around half a million indentured labourers were present on the island.
Noun He set a good example for the rest of us. She gave several examples to show that the program is effective. We've chosen three examples of contemporary architecture for closer study.
Bound by or occurring under a written contract or formal agreement, especially to work for another: The five indentured electrical apprentices of the second-year class were sworn into the union on Thursday. Born in Belfast in 1949, he studied art while serving an indentured apprenticeship at a shipyard.
Most indentures are drafted with perpetual lifespans and have clear provisions for renewal. However, the length of time indentures remain in effect can be determined by a variety of factors. First, some indentures stipulate that they are tied into a particular parcel of property.
In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.