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 Meaning With Examples In Utah
Instant download
Description
Free preview
Form popularity
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.
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.
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.
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.
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 ...
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.
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 ...
It states the interest rate(s), the redemption provisions, the purpose for which the bonds were issued, the name of the conduit borrower, the name of the project, the security for the bonds, the name of the credit enhancer (if any), the date of issuance of the bonds, the name of the trustee and the names of the legal ...
More info
"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.