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Indenture Form Meaning In King

State:
Multi-State
County:
King
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 bond indenture is a legal document that defines the terms of the bond issue including the rights of bondholders; the bond certificate provides details about the bond being issued including the financial elements of the bond.

Level of subdivision of an item from the point of view of maintenance action. Source: API STD 689, Collection and Exchange of Reliability and Maintenance Data for Equipment, First Edition, July 2007.

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 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.

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.

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.

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.

Meaning of indentured in English relating to an official agreement that someone will work for someone else for a length of time, especially in order to learn a job: He served an indentured apprenticeship in mechanical engineering.

: required by contract to work for another for a certain period of time.

Bound by or occurring under a written contract or formal agreement, especially to work for another: The five indentured electrical apprentices of the second-year class were sworn into the union on Thursday. Born in Belfast in 1949, he studied art while serving an indentured apprenticeship at a shipyard.

More info

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.Indenture refers to a legal and binding agreement, contract, or document between two or more parties. A written agreement between the issuer of a bond and bondholders that specifies maturity date, interest rate, convertibility, and any other options. An indenture is a legal form or agreement between parties, with some agreements involving up to two or three separate parties alone. "Registration Rights Agreement" means the Registration Rights Agreement among the Company and the Initial Purchasers entered into in connection with the Notes. Indentured servitude is a form of labor in which a person is contracted to work without salary for a specific number of years. Indentured servitude is a form of labor in which an individual is under contract to work without a salary for a certain timeframe to repay a loan. (3) The term ''prospectus'' shall have the meaning assigned to such term in paragraph (10) of section 2(a) of the Securities. "Collateral" has the meaning specified in the Granting Clause of this Bond Indenture.

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Indenture Form Meaning In King