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 Phoenix
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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.
Meaning of indentured in English 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.
: a written agreement : contract. 2. : a contract by which one person is made to work for another for a stated period. often used in plural. 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.
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.
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.
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.
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An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Capitalized terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.Indenture refers to a legal and binding agreement, contract, or document between two or more parties. 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. Upon the deposit of funds with the Escrow Agent, the Bonds Being. 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 trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests. 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. A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests.