Indenture is a binding agreement that makes the performance of conditions obligatory for the parties. An indenture can contain many clauses and performance liabilities for both parties. In financial terms, indentures are commonly used in real estate agreements and bonds.
The real estate indentures are very common among real estate deals in which the agreement between the property owner and the real estate representative can perform certain tasks such as taking care of the property while the owner is away. In the case of bonds, the holder has a right to receive redemption value at the maturity date and an indenture makes it obligatory for the issuer to repay the principal to the lender.
The bond indenture for the 10-year, 9% debenture
The following are frequently performed audit procedures for the verification of bonds
In the normal course of performing their responsibilities, auditors often conduct
Holiday Company issued its 9%, 25-year mortgage bonds in
The bond indenture for the 10-year, 8% debenture
The City of Scottsdale, Arizona, provides the following report on
Kaufman Enterprises has bonds outstanding with a $1,000 face
The following covenants are extracted from the indenture of a bond issue
Listed below are several terms and phrases associated with long-term
Your client, Harper Company, has a contractual commitment as a
