• US Legal Forms

Bond With Indenture In Bexar

State:
Multi-State
County:
Bexar
Control #:
US-00195
Format:
Word; 
Rich Text
Instant download

Description

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.

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  • Preview Release and Cancellation of Trust Agreement - Trust Indenture

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FAQ

A bond forfeiture case is filed when a misdemeanor defendant failed to appear for a hearing or trial. If an answer is not filed in a timely fashion, the plaintiff may take a default judgment. For case information or citation inquiries, contact our Bond Forfeiture Department at 210-335-2237.

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.

The defendant can post their own bail or ask a family member or friend to post it. If the defendant uses a bond company, the company may require the defendant to have a co-signer (someone who will help the company find the defendant should they fail to appear).

Inmates incarcerated have the option to post their own bail or accept funds from friends or family for the purpose of posting bail.

A covenant is a promise to take an action (an affirmative covenant) or to refrain from taking an action (a negative covenant). Indentures contain a variety of covenants from the issuer to the trustee on behalf of the bondholders.

And while some will tell you that you can't remain anonymous, the short answer is actually yes, you can. (But with one major consideration.) The Court is going to need a name and person to return the bond to once the court date has been successfully completed.

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 ...

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, Interest Rates, Redemption provisions, form, exchange provisions, security and other terms.

The indenture has the following information: The name of the issuer. All the terms of a bond issue such as the type of bond. Its features such as the principal value, coupon rate, dates when interest payments will be made, and maturity date. Issuer's obligations. Bondholders' rights. If the bonds are secured or not.

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Bond With Indenture In Bexar