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Indenture Form Meaning In Dallas

State:
Multi-State
County:
Dallas
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.

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.

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, Interest Rates, Redemption provisions, form, exchange provisions, security and other terms.

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.

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.

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.

More info

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.

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Indenture Form Meaning In Dallas