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.
Difference Between Land Title And Indenture In Travis
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Multi-State
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Travis
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US-00195
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A deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.
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 legal and enforceable contract, agreement, or instrument between two or more persons is referred to as an indenture. These manuscripts typically have perforated edges or indented sides.
Co., 758 F. 2d 811, 816 (2d Cir. 1985) (“Unlike the ordinary trustee, who has historic common-law duties imposed beyond those in the trust agreement, an indenture trustee is more like a stakeholder whose duties and obligations are exclusively defined by the terms of the indenture agreement.”); Harold L.
An indenture is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut, so the parts could later be compared. A deed of trust has at least two parties, the settler and the trustee, so it could be called an indenture.
In certain instances, bonds are issued pursuant to a Resolution of the issuer. Unless otherwise stated, the term Indenture, as used in this chapter, includes the Resolution. The Indenture is a contract between the issuer and the bond trustee.
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 is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut.An indenture is a legal contract between two parties, particularly for indentured labour or a term of apprenticeship but also for certain land transactions. The Indenture also contains customary events of default and covenants for an issuer of investment grade debt securities. A grantor who has previously disposed of title in land cannot later transfer that title to a subsequent grantee. Roughly 10 acres in Buffington Township, Indiana County. This is an indenture to State Game Lands 79. Litigation directly or indirectly arising out of, under or in connection with this Indenture. Covenants for title. Additional covenants for land comprised in a lease.