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 For Notes In Massachusetts
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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.
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.
(6) when, by reason of the fact that trust indentures are commonly prepared by the obligor or underwriter in advance of the public offering of the securities to be issued thereunder, such investors are unable to participate in the preparation thereof, and, by reason of their lack of understanding of the situation, such ...
The Trust Indenture Act requires certain prospectus disclosure about the debt securities in registered offerings. Most offerings of debt securities that are exempt from registration under the Securities Act of 1933 are also exempt from the Trust Indenture Act requirements.
A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including the interest rate, maturity, any redemption terms, timing, ...
Certificate Indenture means the Certificate Indenture to be entered into by the Trust, as Certificate Issuer, and a certificate trustee, as the same may be amended, supplemented or modified from time to time.
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.
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Borrowing is accomplished through the sale of shortterm notes and longterm bonds. (11) The term ''indenture security'' means any security issued or issuable under the indenture to be qualified.Benefits of 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. The highyield indenture is a complex and sometimes highly negotiated agreement. Documents in any action arising out of the provisions of the indenture. 228See Lubben, supra note 46. 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.