US Legal Forms
Release and Cancellation of Trust Agreement - Trust Indenture

Indenture Meaning With Examples In Cook

Category:

Trusts - Termination

State:

Multi-State

County:

Cook

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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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.

Meaning of indentured in English relating to an official agreement that someone will work for someone else for a length of time, especially in order to learn a job: He served an indentured apprenticeship in mechanical engineering.

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

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.

: 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.

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.

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

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Indenture refers to a legal and binding agreement, contract, or document 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.Indentured servitude is a form of labor in which an individual is under contract to work without a salary for a certain timeframe to repay a loan. The meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence. An indenture is a formal, written legal contract that exhibits the terms and conditions between a bond issuer and the holders of its bonds. Although the term 'Indenture' may still hold some legal meaning I would see it more as a historical term for particular type of contract. Shall have the meaning ascribed thereto in the Indenture. 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. "Bond Counsel" shall have the meaning ascribed to such term in the Indenture.

Indenture Meaning With Examples In Cook

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