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 With Covenants In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00195
Format:
Word;
Rich Text
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FAQ
Bond covenants are designed to protect the interests of both parties. Negative or restrictive covenants forbid the issuer from undertaking certain activities; positive or affirmative covenants require the issuer to meet specific requirements.
Affordable Housing Covenants are agreements between the City of Los Angeles and property developers to offer affordable housing. Property owners get incentives if they reserve a specified number/percentage of their developed units to be offered with affordable rates.
Understanding Bond Covenants Possible bond covenants might include restrictions on the issuer's ability to take on additional debt, requirements that the issuer provide audited financial statements to bondholders, and limitations on the issuer's ability to make new capital investments.
Restrictive covenants are commonly used to prevent a bond issuer from issuing more debt until one (or more) series of bonds mature. The issuer may also be restricted from paying dividends above a certain amount to shareholders.
What are restrictive covenants? A restrictive covenant is a provision on a Deed, Mortgage, or other recorded instrument that regulates the ownership or use of a parcel of real estate.
The indenture will contain several protective covenants. These are limitations agreed to by the borrower to protect the investor from a deterioration of value and default. A review of these covenants is important for evaluating the borrower's credit risk.
Restrictive Covenants: Examples and Types Limiting what decorations are put up outside the home. Prohibiting business use on property in a residential area. Prohibiting or limiting pets. Restricting the number of people allowed to occupy the building. Limiting the number of vehicles on the property.
Stanford researchers are using artificial intelligence (AI) to map and identify racial covenants — clauses written into property deeds that prevented non-White individuals from buying or occupying land — in partnership with Santa Clara County and researchers from Princeton University.