"Beneficial Owner" means any person for which a Participant acquires an interest in the Bonds. Indenture refers to a legal and binding agreement, contract, or document between two or more parties.An indenture agreement is a legally binding document or contract that establishes terms and conditions 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. The Act is designed to insure that he will act on behalf. 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. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. Meaning and with the effect expressed in the General Indenture. Have the same meaning in the Indenture unless otherwise indicated.
