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Indenture Form Meaning In Orange

State:
Multi-State
County:
Orange
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

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 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 indenture typically: (1) clearly describes and defines the issued debt securities; (2) specifies the rights of the parties, including the duties of the trustee as a third-party administrator; (3) sets forth the borrower's obligation to make payments; and (4) outlines the remedies available to the noteholders if the ...

Non-convict indentured servants served terms of 4 to 6 years, while convicts had to serve at least 7 years. Those working within their contract found living conditions very similar to their enslaved counterparts, such as their less than substantial food and clothing provisions.

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.

(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 other critical distinction between a credit agreement and a high yield indenture is the time horizon of the instrument and flexibility to amend it once issued. The credit agreement usually carries a term of five years or less; the indenture is usually seven to ten years in duration.

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Indenture refers to a legal and binding agreement, contract, or document between two or more parties. A written agreement between the issuer of a bond and bondholders that specifies maturity date, interest rate, convertibility, and any other options."Exchange Notes" has the same meaning as "New Securities" set forth in the Registration Rights Agreement. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. "Leased Properties" has the meaning given to such term in the Sublease. End indenture is a term in a bond contract which guarantees that the collateral used to back the bond is not backing another bond. An indenture is a legally binding agreement, contract, or document that has been made between two or more parties. "City" means the City of Orange, California. Statement of the net earnings of the Company in the form, for the period, and showing the amount of net earnings specified in subdivision III hereof. Indenture refers to a legal and binding agreement, contract, or document between two or more parties.

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Indenture Form Meaning In Orange