Your English writing platform
Discover LudwigSuggestions(5)
Exact(1)
After the case moved to federal court, the judge there said the exchange offer was probably impermissible under the indenture, but he refused to block it.
Similar(58)
The collection was formerly prohibited from being moved according to a trust indenture created by the founder, Albert C. Barnes, but the indenture was overturned in 2006 by the Montgomery County Orphans' Court.
A sovereign borrower always has the option to change the law that applies to its indenture, if the indenture is governed by the sovereign's own law — or it simply refuses to pay and hides behind sovereign immunity.
The indenture also lists the park's myriad rules, which forbid large parties, playing on the grass and drinking alcohol.
Contract terms are normally found in the indenture, an agreement between the borrower and a trustee acting on behalf of the bondholders.
Drawn up in the 1830's by the prosperous and visionary landowner Samuel Ruggles, the indenture created a trust to oversee the park and the property immediately surrounding it.
In short, the judge was saying that any violation of the indenture could be rectified by the payment of money damages or other remedies after the fact.
Evaluating the roadshow material in context with the indenture and the safe harbor language, perhaps the court of appeals erred as to what the bondholders' reasonable expectations were.
With publicly held debt obligations, you might have to get a vote of all the bondholders around the country to get approval of a change in the indenture".
I have the indentures signed by my great-grandfather when my grandfather joined the merchant navy as an apprentice: he ended up as a master mariner.
They immediately blocked his plans for slavery and repealed the indenturing laws he had passed in 1803.
More suggestions(4)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com