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Indenture With Covenants In Orange

State:
Multi-State
County:
Orange
Control #:
US-00195
Format:
Word; 
Rich Text
Instant download

Description

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.

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  • Preview Release and Cancellation of Trust Agreement - Trust Indenture

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FAQ

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.

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.

(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 ...

(7) The term ''indenture'' means any mortgage, deed of trust, trust or other indenture, or similar instrument or agree- ment (including any supplement or amendment to any of the foregoing), under which securities are outstanding or are to be issued, whether or not any property, real or personal, is, or is to be, ...

Indenture or Trust Indenture/Agreement A contract between an issuer and a trustee under which the issuer issues bonds and specifies their maturities, interest rates, redemption provisions, form, exchange provisions, security and other terms.

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 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.

All bond covenants are part of a bond's legal documentation and are part of corporate bonds and government bonds. A bond's indenture is the portion that contains the covenants, both positive and negative, and is enforceable throughout the entire life of the bond until maturity.

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.

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SOUTH ORANGE COUNTY PUBLIC FINANCING AUTHORITY, a joint powers authority. Indenture Reporting Covenants and.Section 314(a) of the Trust Indenture Act. Explore the significance of bond indentures, legal contracts defining issuer obligations and bondholder rights. Learn about bond covenants. Indenture refers to a legal and binding agreement, contract, or document between two or more parties. If an exempt organization has executed a Master Indenture, in almost all instances its covenants are stated in the Master Indenture and not the Loan. Agreement. THIS INDENTURE made this Z'J"-"-day of -r:Ys<:.. .

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Indenture With Covenants In Orange