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1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.

(9) The term ''indenture to be qualified'' means (A) the in- denture under which there has been or is to be issued a secu- rity in respect of which a particular registration statement has been filed, or (B) the indenture in respect of which a particular application has been filed.

The Trust Indenture Act of 1939, as amended (the Trust Indenture Act), governs the offering of notes, bonds, debentures, evidences of indebtedness and certificates of interest, and is intended to safeguard the rights of bondholders (referred to in these Frequently Asked Questions as securityholders) by requiring

The Trust Indenture Act (TIA) of 1939 is a law that prohibited bond issues valued over $10 million from being offered for sale without a formal written agreement (an indenture). Both the bond issuer and the bondholder must sign the indenture, and it must fully disclose the particulars of the bond issue.

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.

Protective Covenantspay the interest and principal of its bonds.specify when bonds can be presented for payment.maintain the collateral in good condition.insure the collateral against loss.defend the legal title to the property.More items...

Because the value of a bond depends on the creditworthiness of the issuer, indentures usually include protective covenants (aka restrictive covenants) that restrict the issuer from doing things that would make it less creditworthy, which would lower the bond's price in the secondary market, and increase the chance of

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.

A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests by highlighting the rules and responsibilities that each party must adhere to.

Bond Indenture is a core legal document that safeguards the right of both investors and issuers. It contains all information related to the bond, along with the Rights and responsibility of both issuer and bondholders.