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 Form Meaning In Ohio
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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.
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 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.
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.
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 term is used for any kind of deed executed by more than one party, in contrast to a deed poll which is made by one individual. In the case of bonds, the indenture shows the pledge, promises, representations and covenants of the issuing party.
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.
The TIA, which is closely integrated with the Securities Act of 1933 (the “Securities Act”), protects certain rights of security holders, imposes minimum obligations on trustees and obligors, and confers on trustees the powers and resources needed to meet obligations to investors.
A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests by highlighting the rules and responsibilities that each party must adhere to.
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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. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties."Special Funds" means the Special Funds as defined in the Indenture. "State" means the State of Ohio. The following is provided to further legal education and research and is not intended to provide legal ad- vice or counsel as to any particular situation. "Indenture" has the meaning provided in the recitals. 4. THIS FIFTH SUPPLEMENTAL TRUST INDENTURE (the "Fifth Supplemental Trust. Complete documentation for each trust indenture is of utmost importance. Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Question o£ whether qualification of the indenture in the form subuLttted.