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.
Massachusetts Release and Cancellation of Trust Agreement - Trust Indenture
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FAQ
Bond indenture (also trust indenture or deed of trust) is a legal document issued to lenders and describes key terms such as the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, and other terms of the bond offering.
Which bond offering is required to have a trust indenture under the Trust Indenture Act of 1939? A: Mortgage Bond (Corporate bond offerings over $50,000,000 must have a trust indenture under the Trust Indenture Act of 1939. Mortgage bonds are corporate bonds, typically issued by utilities.
1) Generally, any written agreement between two parties. 2) A real estate deed in which two parties agree to continuing obligations; for example, one party may agree to maintain the property and the other to make periodic payments.
An indenture agreement is a legally binding document or contract that establishes terms and conditions between two or more parties. Indenture agreements can govern a real estate transaction, a bankruptcy proceeding, or debt agreements.
A trust indenture is a contract entered into by a bond issuer and an independent trustee to protect the interests of bondholders. The SEC must approve this document. The trust indenture highlights the terms and conditions that the issuer, lender, and trustee must adhere to during the life of the bond.
The agreement entered into by the issuer, and the trustee is referred to as the trust indenture. A trust indenture is a legal and binding contract that is created to protect the interests of bondholders.
What Is an Indenture? Indenture refers to a legal and binding agreement, contract, or document between two or more parties. Traditionally, these documents featured indented sides or perforated edges.
As nouns the difference between indenture and deed is that indenture is (legal) a contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice) while deed is an action or act; something that is done.
Bond indenture (also trust indenture or deed of trust) is a legal document issued to lenders and describes key terms such as the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, and other terms of the bond offering.