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 Kings
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Kings
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Historical usage An indenture is a legal contract between two parties, whether for indentured labour or a term of apprenticeship or for certain land transactions.
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.
To be indentured is to be forced to work by some contract. It started out as a word for a contract between masters and apprentices. Now it describes anyone bound to work, like it or not, because of some deal. Use the adjective indentured to describe someone who's bound or attached in a legal sense.
An indenture is a legal binding document that the Kerch use to repay services from one person to another. Some indentures are forced upon people who have no knowledge of what the agreement entails.
: a document or a section of a document that is indented. (2) : a formal or official document usually executed in two or more copies. (3) : a contract binding one person to work for another for a given period of time.
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.
A deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.
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.
Indentured (adjective as in obligated) Strong matches. apprenticed articled bound contracted enslaved.
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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. 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. 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. Indentured servitude is a form of labor in which a person is contracted to work without salary for a specific number of years. An indenture spells out the specific terms of a bond, as well as the rights and responsibilities of both the issuer of the security and the holder. Indenture: A contract binding one party into the service of another for a specified term. The information in the Official Statement under the caption. "Security for the Bonds" describes this portion of the Indenture.