Examples of Indenture of Trust in a sentence
In addition, the municipality may enter into an Indenture of Trust with any private banking institution of this State having trust powers and may make in such indenture of trust such covenants and commitments as may be required by any purchaser for the adequate security of said bonds.
The Sponsor and the Trustees have entered into an Indenture of Trust dated February 7, 2002 ( “Trust Deed”) setting out the terms and conditions relating to the administration of HSBC Mutual Fund and the obligation and duties of the Trustees.
Nothing herein contained shall preclude the Authority from imposing further restrictions on the investing of funds in any Indenture of Trust relating to the issuance of bonds.
Generally, the Indenture of Trust for the transaction will contain a list of securities in which the Trustee may invest these monies.
Borrower shall mean the Borrower above named.Indenture shall mean that certain Indenture of Trust dated March 1, 1991 by and between the Board and the Trustee pursuant to which the Bonds are to be issued and all supplemental indentures thereto.