Indenture Copy & Paste Text For Free

A credit agreement usually carries a term of five years or less; an indenture's term is usually seven to ten years. A credit agreement can be, and often is, amended with some regularity; an indenture can only be amended by consent solicitation, which is costly and time consuming.

An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction.

An indenture agreement is a contract between a bond issuer and bondholders. The indenture agreement is a technical document that covers all the provisions related to the bond and how the bond is managed daily. The agreement includes details relating to: Terms and conditions of the bonds. The exact date of maturity.

A credit agreement is a legally binding contract documenting the terms of a loan, made between a borrower and a lender. A credit agreement is used with many types of credit, including home mortgages, credit cards, and auto loans. Credit agreements can sometimes be renegotiated under certain circumstances.

The term comes from the medieval English "indenture of retainer"[1] ? a legal contract written in duplicate on the same sheet, with the copies separated by cutting along a jagged (toothed, hence the term "indenture") line so that the teeth of the two parts could later be refitted to confirm authenticity (Chirograph).

The deeds which are made only by one party are known as Deed Poll and they are generally drafted in first person. Those deeds wherein there are two or more parties involved are called as Indentures.

(7) The term ?indenture? means any mortgage, deed of trust, trust or other indenture, or similar instrument or agreement (including any supplement or amendment to any of the foregoing), under which securities are outstanding or are to be issued, whether or not any property, real or personal, is, or is to be, pledged, ...

An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Indenture agreements can govern a real estate transaction, a bankruptcy proceeding, or debt agreements.

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