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How to Type Indenture

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The text discusses the historical practices of labor in British colonies, focusing on plantations that operated a century ago, where workers included enslaved Africans and indentured servants from India. After the abolition of slavery, Britain replaced enslaved labor with indentured servants, who were often coerced into contracts lasting five to ten years, relinquishing their rights. This system led to significant abuse and exploitation, with some survivors still alive today. The narrative is described as a "hidden history," intentionally obscured from national discourse. Maria Caledine's great-grandfather, recruited through this system, worked on a sugar plantation in British Guyana, prompting her to specialize in uncovering this buried history.

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Is an indenture an agreement?

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

Is an indenture a type of deed?

In real estate, an indenture is a deed where the two parties agree to continue without obligations. For example, one party will agree to maintain a property, and the other will decide to make payments on it.

What is an example of an indenture?

In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.

What is an indenture in property law?

A deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.

What does indenture mean on a deed?

An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

What is a loan indenture?

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy. An indenture provides detailed information on terms, clauses, and covenants. There can be a few different types of indentures and many different types of indenture clauses.

What is the difference between an indenture and a credit agreement?

A credit agreement usually carries a term of five years or less; an indentures term is usually seven to ten years. A credit agreement can be, and often is, amended with some regularity; an indenture can only be amended by consent solicitation, which is costly and time consuming.

What is the difference between an indenture and a loan agreement?

A credit agreement usually carries a term of five years or less; an indentures term is usually seven to ten years. A credit agreement can be, and often is, amended with some regularity; an indenture can only be amended by consent solicitation, which is costly and time consuming.

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Type Indenture