This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.
Indenture Meaning With Examples In Bronx
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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.
Indenture. n. a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments. 2) a contract binding one person to work for another.
The Trust Indenture Act requires certain prospectus disclosure about the debt securities in registered offerings. Most offerings of debt securities that are exempt from registration under the Securities Act of 1933 are also exempt from the Trust Indenture Act requirements.
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.
The terms of the Indenture are tailored to reflect the specific type of transaction and issuer. Like credit agreements,1 an Indenture contains lending and repayment terms. In contrast to credit agreements, however, the lender is not a party to an Indenture.
Some indentured servants served as cooks, gardeners, housekeepers, field workers, or general laborers, while others learned specific trades such as blacksmithing, plastering, and bricklaying, which they often parlayed into future careers.
The term is used for any kind of deed executed by more than one party, in contrast to a deed poll which is made by one individual. In the case of bonds, the indenture shows the pledge, promises, representations and covenants of the issuing party.
: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.
It is in English. We know it is a lease because of the following characteristics: It is an indenture, that is, the top of the deed is cut in a wavy line. This indicates that the deed was made between two or more parties.
: required by contract to work for another for a certain period of time.
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Indenture refers to a legal and binding agreement, contract, or document between two or more parties. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests.An indenture is a legal contract that reflects an agreement between two parties. Although the term is most familiarly used to refer to a labor contract. An indenture is a legally binding agreement, contract, or document that has been made between two or more parties. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. A written agreement between the issuer of a bond and bondholders that specifies maturity date, interest rate, convertibility, and any other options. An indenture agreement is a contract between two or more parties that outlines the rights and responsibilities of each party. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. "Collateral" has the meaning specified in the Granting Clause of this Bond Indenture.