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 Form Meaning In Virginia
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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 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.
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.
An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.
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.
(6) when, by reason of the fact that trust indentures are commonly prepared by the obligor or underwriter in advance of the public offering of the securities to be issued thereunder, such investors are unable to participate in the preparation thereof, and, by reason of their lack of understanding of the situation, such ...
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.
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An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Indentured servitude is a form of labor in which an individual is under contract to work without a salary for a certain timeframe to repay a loan.The General Rules and Regulations under the Trust Indenture Act of 1939 are applicable to statements of eligibility on this Form. An indenture is a deed with more than one party. "Virginia Code" means the Code of Vicginia of 1950, as amended. Upon completing his indenture, he continued to design and construct houses and public buildings on the Northern Neck of Virginia and in Annapolis, Maryland. The Indenture may have the form of requisitions submitted to the trustee in a construction financing. The contract called an "indenture", may be entered voluntarily for a prepaid lump sum, as payment for some good or service (e.g.