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Indenture Meaning With Examples In Nassau

State:
Multi-State
County:
Nassau
Control #:
US-00195
Format:
Word; 
Rich Text
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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

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.

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.

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.

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.

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.

More info

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.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. 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. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. Employment growth in the NassauSuffolk region has consistently increased since April of 2010. Senator O'Connor moved to pass HB 2761 favorably out of committee. The following examples do not take into account any tax consequences from investing in the notes. Indentures still exist today.

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Indenture Meaning With Examples In Nassau