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 San Bernardino
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An indenture is a deed that establishes ongoing responsibilities between two parties in real estate.
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.
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.
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.
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.
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. 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. The meaning of INDENTURE is a document or a section of a document that is indented. How to use indenture in a sentence. The Supplemental Indenture dated as of May 23, 2023 relating to the Series ZZ Bonds is sometimes herein called the "Series ZZ Supplemental Indenture. Shall have the meaning ascribed thereto in the Indenture. In addition to the words and terms defined in the. The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public. An indenture is a legal contract that reflects an agreement between two parties.