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 Los Angeles
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Some indentured servants served as cooks, gardeners, housekeepers, field workers, or general laborers, while others learned specific trades such as blacksmithing, plastering, and bricklaying, which they often parlayed into future careers.
Draft an indenture agreement Brainstorm potential clauses to include in the indenture agreement. Identify and research any applicable laws and regulations. Draft the agreement, being sure to include all necessary terms and conditions. Review and revise the agreement as needed.
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.
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.
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.
Indenture. n. a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments. 2) a contract binding one person to work for another.
Non-convict indentured servants served terms of 4 to 6 years, while convicts had to serve at least 7 years. Those working within their contract found living conditions very similar to their enslaved counterparts, such as their less than substantial food and clothing provisions.
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Indenture refers to a legal and binding agreement, contract, or document between two or more parties. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties.Indenture is a legal contract between a borrower and a lender that outlines the terms and conditions of a debt issue. Learn about types, terms and sig. A mortgage indenture is a final agreement between a lender and a borrower that sets the terms and conditions of a loan agreement between them. "Commitment" has the meaning set forth in the Series 2023_ Bond Purchase Agreement. Upon the termination of the Trust, its assets remaining after payment, or provision for payment, of all debts and liabilities shall be distributed to such. Terms used in this requisition and not defined herein shall have the meaning assigned to such term in the Indenture. An indenture, signed at the closing of the issuance of the notes, is a contract between the issuer of the notes, any guarantors of the debt and the trustee. "Commitment" has the meaning set forth in the Series 2023_ Bond Purchase Agreement.