Indenture Form Meaning In King
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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.
