Sentence With Indenture In Wake
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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 ...
On the completion of his indenture, he continued to attend night school. The apprenticeship indentures were signed by the guild master and the apprentice's guardian.
The term is used for any kind of deed executed by more than one party, in contrast to a deed poll which is made by one individual. In the case of bonds, the indenture shows the pledge, promises, representations and covenants of the issuing party.
In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.
An indenture is a deed that establishes ongoing responsibilities between two parties in real estate.
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.
Be indentured to He was indentured to a carpenter. The land was worked on by indentured servants.
Indenture. n. a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments. 2) a contract binding one person to work for another.
Bound by or occurring under a written contract or formal agreement, especially to work for another: The five indentured electrical apprentices of the second-year class were sworn into the union on Thursday. Born in Belfast in 1949, he studied art while serving an indentured apprenticeship at a shipyard.
