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Indenture Meaning With Examples In Santa Clara

State:
Multi-State
County:
Santa Clara
Control #:
US-00195
Format:
Word; 
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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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FAQ

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.

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.

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.

: required by contract to work for another for a certain period of time.

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.

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.

: 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.

More info

An indenture is a legal and binding contract, often between a bond issuer and bondholders. An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties.A trust indenture is a contract that corporations and governmental. 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. "County" means the county of San Luis Obispo, California. The Indenture pledges certain revenues as security for repayment of the Bonds. Capitalized terms used herein and not defined shall have the meanings given such terms in the. Indenture. Capitalized terms used herein and not defined shall have the meanings given such terms in the. Indenture. January 20,1939, 837, 16. Yuba.

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Indenture Meaning With Examples In Santa Clara