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indenture
(redirected from Bond indenture)

    Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
indenture
1. any deed, contract, or sealed agreement between two or more parties
2. (formerly) a deed drawn up in duplicate, each part having correspondingly indented edges for identification and security
3. a contract between an apprentice and his master


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While the administration's 2005A bond indenture remains open, it is expected to be used only for refundings.
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However future series of bonds may be enhanced using either excess cash flow or reserve funds, per each series bond indenture.
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With this refunding issue, the bond indenture will be modified to include special assessments as part of the pledged revenues for debt repayment.
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