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Release and Cancellation of Trust Agreement - Trust Indenture

Indenture Meaning With Examples In Clark

Category:

Trusts - Termination

State:

Multi-State

County:

Clark

Control #:

US-00195

Format:

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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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.

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.

: required by contract to work for another for a certain period of time.

(in the past) to officially agree that someone, often a young person, will work for someone else, especially in order to learn a job: be indentured to He was indentured to a carpenter. The land was worked on by indentured servants.

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.

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.

Historical usage An indenture is a legal contract between two parties, whether for indentured labour or a term of apprenticeship or for certain land transactions.

Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance. Indentures were initially used to convey land and for service contracts of seven years. Indentures still exist today.

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.

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Indenture refers to a legal and binding agreement, contract, or document between two or more parties. 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. An indenture agreement is a contract between two or more parties that outlines the rights and responsibilities of each party. 1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations. Indenture refers to a legal agreement or a deed between two or more to meet its respective obligations and is a common term used in the bond market. The meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence. "Trust Estate" has the meaning given to such term in the granting clause of this. Indenture.

Indenture Meaning With Examples In Clark

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