indenture

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Related to Bond indenture: Serial bonds, sinking fund bond

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
References in periodicals archive ?
Earlier this year, the company executed the waiver agreement and subsequent amendments with holders of its outstanding senior secured bonds and the Bond Indenture trustee and announced ongoing discussions with the bond holders concerning a restructuring of its outstanding debt.
A trustee plan is a simple arrangement for debt liquidation as stated in the bond indenture.
The analytical framework is based largely on quantitative analysis derived from its Global Rating Criteria for Corporate CDOs, as well as qualitative factors on the sponsoring municipal entity; regional economic trends; loan underwriting, monitoring and servicing; and legal features within the bond indenture.
Fitch believes that the credit could be in violation of the debt service coverage financial maintenance covenant in the gaming revenue bond indenture as of the Sept.
Specifically, the governmental project bond indenture requires the maintenance of an unrestricted net asset balance at the tribal government equal to at least 125% of the principal amount of long-term indebtedness outstanding that does not have a security interest in the cash flows of the casino operation (only the governmental project bonds series 2007 apply to this test at this time).
The bond indenture does provide limitation on the amount of general obligation debt that can be issued to 40% of the net assets of SUIT's primary government activities.
The inability to secure the external financing triggered a project fund funding event under the gaming enterprise bond indenture, requiring the Tribe to fund a deficiency amount of $25 million in six equal monthly installments.
The administration plans to issue all future wastewater and drinking water bonds under the 2008 indenture and does not anticipate issuing additional bonds under its existing 1990 bond indenture (revolving revenue bonds currently rated 'AAA' by Fitch).