Get In Bc100-06.4 2012-2025

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

A trust indenture is deemed to be a mortgage on real property and is subject to all laws relating to mortgages on real property except to the extent that such laws are inconsistent with the provisions of this part, in which event the provisions of this part shall control.

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.

What this essentially means is that a deed is the proof of actual ownership of the property, like the title you receive from your bank once your car is paid off. An indenture, on the other hand, is like the payment agreement you make with your bank in exchange for them giving you a loan.

A bond indenture is the contract associated with a bond. The terms of a bond indenture include a description of the bond features, restrictions placed on the issuer, and the actions that will be triggered if the issuer fails to make timely payments.

Indenture of Mortgage means the registered mortgage deed to be executed by the Issuer for, inter alia, creation of mortgage over the immoveable property of the Issuer and assignment of its rights under the Project Documents in favour of the Security Trustee, in form and substance satisfactory to the Security Trustee.

An agreement entered into by an issuer that supplements the issuer's outstanding indenture or bond contract. Often, a supplemental indenture is executed in connection with the issuance of one or more series of additional bonds under the master or bond contract.

What Is a Trust Indenture? 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. It may also indicate where the income stream for the bond is derived from.