An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Capitalized terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.Indenture refers to a legal and binding agreement, contract, or document between two or more parties. A mortgage indenture is a final agreement between a lender and a borrower that sets the terms and conditions of a loan agreement between them. Upon the deposit of funds with the Escrow Agent, the Bonds Being. 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. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. 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.