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. It may also indicate where the income stream for the bond is derived from.
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.
Indentured servitude is a form of labor in which a person is contracted to work without salary for a specific number of years. The contract called an "indenture", may be entered voluntarily for a prepaid lump sum, as payment for some good or service (e.g. travel), purported eventual compensation, or debt repayment.
It represents a mutual commitment to certain terms and conditions, which may or may not be legally binding depending on the nature of the agreement. On the other hand, an indenture is a specific type of agreement that is formalised as a legal document.
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.
Indenture indenture is a written agreement between the issuer of a bond. And bond holders thatMoreIndenture indenture is a written agreement between the issuer of a bond. And bond holders that specifies maturity date interest rate convertibility. And any other. Options.
A Mortgage Trust Indenture is a service provided by the Bank's Trust and Investments Services Department (TISD) wherein it is appointed as a Trustee that acts as an impartial intermediary between a company and its creditors in the administration of properties securing the company's loans.
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.
Lease Indenture means the Indenture of Trust, Mortgage and Security Agreement, dated as of the Closing Date, between the Owner Lessor and the Lease Indenture Trustee, substantially in the form of Exhibit E to the Participation Agreement duly completed, executed and delivered on the Closing Date pursuant to which the ...
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.