Contract of indenture def
The term indenture primarily describes secured contracts and has several applications in U.S. law. At its simplest, an indenture is an agreement that declares Dec 20, 2015 These immigrants signed an indenture contract whereby they agreed to work for 4-7 years for a master. Merchants and ship captains offered free 2. define indentured servitude and talk about its growth in colonial America; years. In that final year, Buckland signed a contract with Thomson. Mason, George Definition of Indenture. a legal and binding contract. Examples of Indenture in a sentence. 1. The attorney had his client to sign the indenture before officially
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
Indenture is defined as to bind or commit someone to work for you, usually using some type of legal contract. When you give someone a loan in exchange for him An indenture is a formal legal agreement. Many earned passage to the British colonies by indenturing, or selling, themselves to a master for a period of seven An indenture is a legal contract reflecting a debt or purchase obligation, specifically referring to two types of practices: in historical usage, an indentured servant Also, in a financial context, an indenture is a written agreement that describes the borrowers' responsibility to the lenders in a bond or debenture issue. Among Only two indentured servants are known to have worked at Monticello while under the “indentured servant” is used in accordance with its most familiar definition: individuals An indenture is an agreement or contract between two parties.
contract; and a growing public concern in its content and structure may soon result in the need for clear definition, for change, is obvious if investments of.
indenture: 1. Deed or mortgage document signed (executed) by two parties (such as a seller and a buyer) as opposed to a deed poll which is executed generally by only one party. Its name comes from the old practice in which such instruments (in contrast to deed poll) used to have jagged edges because they (together with their copies) were torn 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. Indenture Agreement means that certain indenture, dated as of May 30, 2012 (as amended, amended and restated, supplemented or otherwise modified from time to time) among the Borrower as issuer under the Indenture Agreement, the guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., as trustee and as collateral agent. The solution was a long (5 years to start with) indenture contract at the plantations end. From Cambridge English Corpus They were then deemed to be under indenture to their employer for a fixed period, varying from three to five years. Indenture. An indenture is a written contract between a bond issuer and bond holder that is proof of the bond issuer's indebtedness and specifies the terms of the arrangement, including the maturity date, the interest rate, whether the bond is convertible to common stock, and, if so, the price or ratio of the conversion. indenture definition: The description of indenture is a written contract of agreement, especially one in which one party is bound to work for another for a given period of time. (noun) A contract wherein someone agrees to work for you for two years if yo Indenture definition: any deed , contract , or sealed agreement between two or more parties | Meaning, pronunciation, translations and examples. Log In Dictionary. Thesaurus. Translator. Grammar. English. Dictionary Grammar Blog School Scrabble Thesaurus Translator Quiz More Resources More from Collins.
indenture definition: The description of indenture is a written contract of agreement, especially one in which one party is bound to work for another for a given period of time. (noun) A contract wherein someone agrees to work for you for two years if yo
Define indenture. indenture synonyms, indenture pronunciation, indenture translation, English dictionary definition of indenture. n. 1. often indentures A contract binding one party into the service of another for a specified term. 2. a. A deed executed by more than one party. b. 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.
Definition of bond indenture: Blanket, unconditional contract between the bond issuer and the bond purchaser (bondholder) that specifies the terms of the bond.
contract between the issuer of the bonds and a banking institution that acts as trustee for the In the indenture, the issuer subjects itself to restrictions on its future ability to payments covenant buried in the definition of permitted investments. When most people think of contracts, bilateral agreements come to mind. In its most basic form, a bilateral contract is an agreement between at least two people or Indenture. An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of Bankruptcy and bond trading.. The term indenture primarily describes secured contracts and has several applications in U.S. law. At its simplest, an indenture is an agreement that declares benefits and obligations between two or more parties. Indenture refers to a legal and binding agreement, contract or document between two or more parties, and traditionally, these documents featured indented sides, as indicated by their name Indenture definition is - a document or a section of a document that is indented. How to use indenture in a sentence. a contract binding one person to work for another for a given period of time 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.
Define indenture. indenture synonyms, indenture pronunciation, indenture translation, English dictionary definition of indenture. n. 1. often indentures A contract binding one party into the service of another for a specified term. 2. a. A deed executed by more than one party. b.