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

Indenture Form Meaning In Dallas

Category:

Trusts - Termination

State:

Multi-State

County:

Dallas

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 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 deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.

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 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.

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.

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

Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Traditionally, these documents featured indented sides or perforated edges.

(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 ...

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INDENTURES. Originally, an indenture was a document that is copied verbatim two or three times on the same sheet of paper or parchment. Shall have the meaning ascribed thereto in the Indenture.In addition to the words and terms defined in the. "Secured Obligations" means all Obligations in respect of the Notes or this Indenture. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. A contract between an Issuer and a Trustee (normally a commercial bank with trust powers) under which the Issuer issues Bonds and specifies their Maturities. "Act" has the meaning given to such term in the Recitals hereto. The Act is designed to insure that he will act on behalf. Indenture refers to a legal and binding agreement, contract, or document between two or more parties. An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy.

Indenture Form Meaning In Dallas

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What is the difference between a deed and an indenture?

What is the meaning of indenture deed?

What is the purpose of an indenture?

What does indenture mean on a deed?

What is an example of an indenture?

What does indentured mean in simple terms?

What is an indenture document?

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Is indenture the same as deed?

Who prepares the trust indenture?

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