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Indenture For Notes In Washington

State:
Multi-State
Control #:
US-00195
Format:
Word; 
Rich Text
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Description

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.

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FAQ

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.

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.

A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including the interest rate, maturity, any redemption terms, timing, ...

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 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.

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.

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.

(9) The term ''indenture to be qualified'' means (A) the in- denture under which there has been or is to be issued a secu- rity in respect of which a particular registration statement has been filed, or (B) the indenture in respect of which a particular application has been filed.

A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the trustee for the debt securities acting as a representative of the securityholders that specifies the terms and conditions of the debt securities, including the interest rate, maturity, any redemption terms, timing, ...

More info

An authority, in addition to its other powers, shall have power: (1) To pledge all or any part of its gross or net rents, fees, revenues, or assets. Benefits of Indenture.An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. 10 Amount to be filled in: Actual Project Loan Amount (as defined in the Indenture). 11 Date to be filled in: the Conversion Date (as defined in the Indenture). The indenture trustee is the typically the "secured party" on any mortgage or UCC financing statements. The Indenture establishes the form, and provides for the issuance, of the Notes. 10 Amount to be filled in: Actual Project Loan Amount (as defined in the Indenture). 11 Date to be filled in: the Conversion Date (as defined in the Indenture). Fill in the name of the person or entity asserting a claim and the name and address of the person who should receive notices issued during the bankruptcy case.

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Indenture For Notes In Washington