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Indenture For Secured Advances In Suffolk

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

Description

The Indenture for secured advances in Suffolk is a formal agreement that outlines the terms and conditions for securing advances against property or assets. Key features of this form include the identification of parties involved, the specific property or assets being secured, and the obligations and rights of both the creditor and the debtor. Users must fill out the document with essential details, such as the date, project descriptions, and identification of the legal descriptions pertaining to the property. Editing should ensure that all relevant parties can acknowledge and sign, confirming their agreement to the indenture's terms. This form is pertinent for a range of legal professionals, including attorneys who may draft or review the document, partners who benefit from secured financing, and legal assistants responsible for its preparation and filing. Paralegals may also assist in gathering necessary documentation to support the secured advance. Given its legal significance, it is crucial for all parties involved to understand the implications of the indentation to avoid potential disputes.
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  • Preview Release and Cancellation of Trust Agreement - Trust Indenture
  • Preview Release and Cancellation of Trust Agreement - Trust Indenture

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FAQ

A contract between an Issuer and a Trustee (normally a commercial bank with trust powers) under which the Issuer issues Bonds and specifies their Maturities, Interest Rates, Redemption provisions, form, exchange provisions, security and other terms.

A Supplemental Needs Trust (sometimes referred to as a “Special Needs Trust”) is designed to improve the quality of life for a loved one in a way so as not to disqualify that person from the public benefits to which they are entitled.

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.

A trust indenture is an agreement in a bond contract made between a bond issuer and a trustee that represents the bondholder's interests by highlighting the rules and responsibilities that each party must adhere to.

A supplement to an outstanding Indenture, entered into pursuant to the terms of an outstanding Indenture and delivered in connection with the issuance of Additional Bonds, to cure an inconsistency or formal defect in the Indenture or to amend the Indenture in some manner.

THIS ELEVENTH SUPPLEMENTAL INDENTURE, dated as of March 14, 2018, between THE PROGRESSIVE CORPORATION, an Ohio corporation (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“U.S. Bank”), in its capacity as Trustee.

THIS ELEVENTH SUPPLEMENTAL INDENTURE, dated as of March 14, 2018, between THE PROGRESSIVE CORPORATION, an Ohio corporation (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“U.S. Bank”), in its capacity as Trustee.

Related Content. A person that manages the relationship between an issuer and holders of the issuer's securities, usually when those securities have features requiring more administrative involvement than in the case of equity securities such as, for example, debt obligations or warrants.

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Indenture For Secured Advances In Suffolk