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

Indenture Form Meaning In Los Angeles

Category:

Trusts - Termination

State:

Multi-State

County:

Los Angeles

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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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.

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.

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.

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.

Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance. Indentures were initially used to convey land and for service contracts of seven years. Indentures still exist today.

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.

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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Section 1.01. Definitions. 2. "Registration Rights Agreement" means the Registration Rights Agreement among the Company and the Initial Purchasers entered into in connection with the Notes.An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Any deed, written contract, or sealed agreement. Indenture refers to a legal and binding agreement, contract, or document between two or more parties. "Euro Notes" has the meaning set forth in the Recitals of this First Supplemental Indenture. The Trust Indenture has been restated in its entirety such that the text from the amendments has replaced the amended original text of the. Indenture. The Bonds in the manner and form provided in this Indenture. New York, and in the City of Chicago, Illinois, and in the City of Los Angeles, California, once a. Terms defined both herein and in the Base Indenture shall have the meanings assigned to them herein.

Indenture Form Meaning In Los Angeles

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What is the difference between an indenture and an agreement?

What is the meaning of indenture document?

What is the difference between a deed and an indenture?

What is the primary purpose of a bond indenture?

What was indenture used for?

What is the purpose of an indenture?

Is indenture the same as deed?

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