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Release and Cancellation of Trust Agreement - Trust Indenture

Indenture Form Meaning In Mecklenburg

Category:

Trusts - Termination

State:

Multi-State

County:

Mecklenburg

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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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.

Lease Indenture means the Indenture of Trust, Mortgage and Security Agreement, dated as of the Closing Date, between the Owner Lessor and the Lease Indenture Trustee, substantially in the form of Exhibit E to the Participation Agreement duly completed, executed and delivered on the Closing Date pursuant to which the ...

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.

A credit indenture is the underlying contract agreement that details all of the provisions and clauses associated with a credit offering. In unsecured, uncollateralized bond offerings, these indentures can also be called debentures.

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.

It is in English. We know it is a lease because of the following characteristics: It is an indenture, that is, the top of the deed is cut in a wavy line. This indicates that the deed was made between two or more parties.

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.

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.

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Indenture refers to a legal and binding agreement, contract, or document between two or more parties. An indenture is a legal contract that reflects an agreement between two parties.Although the term is most familiarly used to refer to a labor contract. 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. This Supplemental Indenture is being entered into pursuant to the provisions of Sections 301 and 901 of the Base Indenture. Indenture is a legal contract between a borrower and a lender that outlines the terms and conditions of a debt issue. Learn about types, terms and sig. CHAPTER I. An act to enable the State Bank to wind up gradually, and to fix auniform rate of collection. Capitalized terms used herein for which no definition is provided herein shall have the meanings set forth in the Indenture. Indentures still exist today.

Indenture Form Meaning In Mecklenburg

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What an indenture was and why it was used as a form of deed?

What is an example of an indenture?

What is an indenture on a lease?

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What is the difference between an indenture and an agreement?

Is an indenture the same as a lease?

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What is the difference between a deed and an indenture?

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