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.
Bond With Indenture In Wayne
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State:
Multi-State
County:
Wayne
Control #:
US-00195
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A bond indenture is a contract that describes information related specifically to the issuance or usage of bonds. The term is synonymous with a deed of trust, which is used in financial fields and other areas of business to offer protection to bond issuers and bondholders or investors.
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.
It is in English. We know it is a lease because of the following characteristics: It is an indenture, that is, the top of the deed is cut in a wavy line. This indicates that the deed was made between two or more parties.
What is the primary purpose of a bond indenture? To specify the bond's features and identify the issuer's sources of repayment. To provide a detailed history of the issuer's past financial performance.
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.
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.
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 ...
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.
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.
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Indenture in a manner generally consistent with the definition thereof contained in the trust indentures pursuant to which the Prior Bonds were issued). Study with Quizlet and memorize flashcards containing terms like basic provision, trustee, protective covenents and more.The forms of the Waiver. Agreement and Supplemental Indenture are attached to this Notice as Attachment 1 and Attachment 2, respectively. A bond indenture also contains all the terms and conditions applicable to the bond issue. May be recorded in the Wayne County Recorder of Deeds. Office. Complete definitions set forth in the Trust Indenture.