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Indenture Meaning With Examples In Maricopa

State:
Multi-State
County:
Maricopa
Control #:
US-00195
Format:
Word; 
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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 indenture has the following information: The name of the issuer. All the terms of a bond issue such as the type of bond. Its features such as the principal value, coupon rate, dates when interest payments will be made, and maturity date. Issuer's obligations. Bondholders' rights. If the bonds are secured or not.

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 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.

The term comes from the medieval English "indenture of retainer"—a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (chirograph).

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.

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.

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.

Some indentured servants served as cooks, gardeners, housekeepers, field workers, or general laborers, while others learned specific trades such as blacksmithing, plastering, and bricklaying, which they often parlayed into future careers.

More info

Indenture refers to a legal and binding agreement, contract, or document between two or more parties. All capitalized terms not defined herein shall have the meanings set forth in 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. Chapter 4: Completing the Maricopa County Quit Claim Deed Form. Step-by-step guide with explanations of each section. All capitalized terms used herein but not herein defined shall have the meaning assigned thereto in the Indenture. Set forth in the Master Indenture. "Primary Treasury Dealer" means a primary U.S. government securities dealer in the United States. Chapter 4: Completing the Maricopa County Quit Claim Deed Form. Step-by-step guide with explanations of each section.

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Indenture Meaning With Examples In Maricopa