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Indenture Form Meaning In Hillsborough

State:
Multi-State
County:
Hillsborough
Control #:
US-00195
Format:
Word; 
Rich Text
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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

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.

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 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.

(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 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.

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.

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.

Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Traditionally, these documents featured indented sides or perforated edges.

It is dated from June, 1854. It was a legal document settling property on her, probably at. marriage. It protected her separate rights to the property.

An indenture is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut, so the parts could later be compared. A deed of trust has at least two parties, the settler and the trustee, so it could be called an indenture.

More info

This is a Security Agreement covering Personal Property as well as a Mortgage upon Real Estate and Other Property Indenture refers to a legal and binding agreement, contract, or document between two or more parties."SUCCESSOR COMPANY" has the meaning set forth in Section 1201. The meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence. The report shall be substantially in the form of Attachment L-3 and shall be delivered to. An indenture is a legal contract that reflects an agreement between two parties. Although the term is most familiarly used to refer to a labor contract. The term "Bonds" does not include other bonds, such as. Capitalized terms not defined herein shall have the meanings assigned to them in the Indenture.

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Indenture Form Meaning In Hillsborough