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Release and Cancellation of Trust Agreement - Trust Indenture

Indenture Meaning With Examples In Fulton

Category:

Trusts - Termination

State:

Multi-State

County:

Fulton

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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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.

What is the primary purpose of a bond indenture? To specify the bond's features and identify the issuer's sources of repayment. To provide a detailed history of the issuer's past financial performance.

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.

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 deed that establishes ongoing responsibilities between two parties in real estate.

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.

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Indenture refers to a legal and binding agreement, contract, or document 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.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. TRUST INDENTURE between DEVELOPMENT AUTHORITY OF FULTON COUNTY and from ADESA INC filed with the Securities and Exchange Commission. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. Benefit plan or elect to participate in the defined contribution plan. Capitalized terms used herein have the same meaning as in the Agreement. 1 a transmittal form properly filled out listing each sample.

Indenture Meaning With Examples In Fulton

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What is the legal definition of indenture?

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What is the purpose of an indenture?

What is the difference between a deed and an indenture?

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