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.
Indenture For Notes In Georgia
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An indenture is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut, so the parts could later be compared. A deed of trust has at least two parties, the settler and the trustee, so it could be called an indenture.
A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including the interest rate, maturity, any redemption terms, timing, ...
The Trust Indenture Act of 1939 requires corporate bonds of $5 million or more offered for public sale to have a trust indenture, which is a contract between the bond issuer and bondholder. This makes the mortgage bond the correct answer.
(9) The term ''indenture to be qualified'' means (A) the in- denture under which there has been or is to be issued a secu- rity in respect of which a particular registration statement has been filed, or (B) the indenture in respect of which a particular application has been filed.
The Trust Indenture Act requires certain prospectus disclosure about the debt securities in registered offerings. Most offerings of debt securities that are exempt from registration under the Securities Act of 1933 are also exempt from the Trust Indenture Act requirements.
To issue a bond, the issuer hires a third-party trustee, usually a bank or trust company, to represent investors who buy the bond. The agreement entered into by the issuer, and the trustee is referred to as the trust indenture.
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.
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To create the City of Roswell Public Facilities Authority; to provide for a short title and. "Base Indenture" has the meaning given to such term in the recitals hereof.To amend Title 50 of the Official Code of Georgia Annotated, relating to state government,. To create the Mid-State Energy Authority as an institution performing an essential. Section 20-3-167 - Remedies of bondholders, receivers, or indenture trustees. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. 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. Documents in any action arising out of the provisions of the indenture. Indenture Act § 302(a), 15 U.S.C. § 77bbb(a) (1970). When companies issue notes or bonds, an "indenture" is sometimes created to govern the terms of the debt instrument.