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.
Indenture Meaning With Examples In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00195
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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.
: required by contract to work for another for a certain period of time.
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.
Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance. Indentures were initially used to convey land and for service contracts of seven years. Indentures still exist today.
The term is used for any kind of deed executed by more than one party, in contrast to a deed poll which is made by one individual. In the case of bonds, the indenture shows the pledge, promises, representations and covenants of the issuing party.
: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. indenture.
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.
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 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 ...
More info
Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Conversion Notice shall have the meaning set forth in the Supplemental Indenture.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. To prepare a report on an annual basis within ninety (90) days of the last day of the. The following is a list of some documents that may be recorded if they meet all requirements, and a description or definition of each document. For example, a trust indenture may indicate whether an issued bond is callable. L). "Lessor" shall mean the West Contra Costa Unified School District. Certain cities in the counties below have higher sales tax rates from local voter-approved measures: Alameda County.