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.
Indenture Vs Credit Agreement In Palm Beach
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Multi-State
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Palm Beach
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US-00195
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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.
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.
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 bond indenture is a legal document that defines the terms of the bond issue including the rights of bondholders; the bond certificate provides details about the bond being issued including the financial elements of the bond.
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Agreement herein contained or contained in the Loan Agreement, the Indenture, the. Underwriting Agreement, the Official Statement, the Bonds, or any instrument.A credit agreement usually carries a term of five years or less; an indenture's term is usually seven to ten years. "First Amendment to Bond Indenture" shall mean the First Amendment to Bond Trust. The Indenture or the Notes may be amended or supplemented as provided in the Indenture. 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. The Series 2008B Bonds are being issued on a parity with all other Bonds issued under the. A credit indenture is the underlying contract agreement that details all of the provisions and clauses associated with a credit offering. The credit agreement usually carries a term of five years or less; the indenture is usually seven to ten years in duration. Default in the performance or observance of any other covenant, agreement or obligation of the Issuer or the Borrower contained in the Loan.