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Indenture Vs Credit Agreement In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00195
Format:
Word; 
Rich Text
Instant download

Description

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.

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FAQ

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.

(6) when, by reason of the fact that trust indentures are commonly prepared by the obligor or underwriter in advance of the public offering of the securities to be issued thereunder, such investors are unable to participate in the preparation thereof, and, by reason of their lack of understanding of the situation, such ...

A bond agreement is a legal contract between an issuer and the holder of a bond. The issuer agrees to repay the principal, usually at maturity, plus interest on time at a specified rate. Bonds are issued by governments or corporations in order to raise capital for projects that they need funding for.

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

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.

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.

More info

An indenture, signed at the closing of the issuance of the notes, is a contract between the issuer of the notes, any guarantors of the debt and the trustee. A credit agreement usually carries a term of five years or less; an indenture's term is usually seven to ten years.A credit indenture is the underlying contract agreement that details all of the provisions and clauses associated with a credit offering. PREMISES being known as 1125 Whitlock Avenue, Bronx, New York,. "Secured Obligations" means all Obligations in respect of the Notes or this Indenture. Credit Opportunities Funds, LP v. "Liquidity Facility" means an irrevocable letter of credit, surety bond, loan agreement,. Most high yield indentures contain a "Change of Control" clause that relates to changes in the beneficial ownership of the issuer.

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Indenture Vs Credit Agreement In Bronx