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What is a note indenture?
An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction.
What is an indenture agreement?
An indenture agreement is the formal contract between a bond issuer and the bondholders. It sets forth the details of all the terms and conditions of the bonds, such as the exact day of their maturity, the timing of the interest payments and how they are calculated, and the details of any special features.
What do you mean by indenture?
An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction.
What is an indenture in real estate?
Indenture. 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.
Is an indenture the same as a deed?
Indenture is a term that is subject to different meanings. In the context of real property, it refers to 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.
What is a Warrant Indenture?
Warrant Indenture means the warrant indenture between the Company and Computershare Trust Company of Canada to be dated as of the Completion Date providing for the issuance of the Shareholder Warrants. Table of Contents.
What are indenture papers?
Indenture papers are papers that servants or slaves would have that show who their owner is. This would be like the equivalent to their birth certificate since they never had these. They would be traded from master to master when slaves were sold.
What is a base indenture?
Base Indenture means the indenture dated as of May 26, 2009 between the Company and the Trustee.
What does Indenture of Mortgage mean?
Definition of Mortgage Indenture. Share. Cite. Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).
What is included in a bond indenture?
A bond indenture is the contract associated with a bond. The terms of a bond indenture include a description of the bond features, restrictions placed on the issuer, and the actions that will be triggered if the issuer fails to make timely payments. ... The dates when interest payments will be made to bondholders.
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