Contract of indenture Sample Clauses

A contract of indenture is a formal legal agreement that outlines the terms and conditions binding two or more parties, often used in contexts such as employment, apprenticeships, or bond issuances. In practice, this contract specifies the obligations, rights, and duties of each party, such as the duration of service, compensation, and grounds for termination or release. The core function of a contract of indenture is to clearly define the relationship and expectations between the parties, thereby reducing misunderstandings and providing a legal framework for resolving disputes.
Contract of indenture. A suitable contract of indenture will be drawn up between the adult apprentice and the Employer stipulating: (a) The names of the parties; (b) A statement of the trade(s) to which the adult apprentice is to be bound and which the Employee is to be taught during the course and for the purpose of the apprenticeship; (c) The duration of the contract; (d) The credits to be granted in accordance with the paragraph below; (e) The details of the training to be successfully completed in order to gain recognition as a tradesperson; (f) An agreement by the Employer to teach and instruct, or cause the apprentice to be taught or to be instructed in the relevant trade; (g) An agreement that for the duration of the contract of indenture, the adult apprentice will be of good conduct and will diligently pursue his or her course of instruction; (h) The date of which the apprenticeship is to commence or from which it is to be calculated; and (i) All other conditions of apprenticeship. The training to be completed by an adult apprentice under a contract of indenture will be determined by the State Training Authority based upon training credits being granted for the relevant working experience and educational standard obtained by the apprentice.
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Contract of indenture. 3.9.4.1. A suitable contract of indenture shall be drawn up between the adult apprentice and the employer stipulating: < the names of the parties; < a statement of the trade or trades to which the adult apprentice is to be bound and which he or she is to be taught during the course and for the purpose of the apprenticeship; < the duration of the contract; < the credits to be granted in accordance with 3.9.4.2; < the details of the training to be successfully completed in order to gain recognition as a tradesperson; < a convenant by the employer to teach and instruct or cause the adult apprentice to be taught or instructed in the trade to which the adult apprentice is bound; < the date of which the apprenticeship is to commence or from which it is to be calculated; < all other conditions of apprenticeship. 3.9.4.2. The training to be completed by an adult apprentice under a contract of indenture will be determined by the relevant state training authority through its approved agencies based upon training credits being granted for the relevant working experience and educational standard obtained by the apprentice.
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Contract of indenture. 3.4.3(a) A suitable contract of indenture will be drawn up between the adult apprentice and the company stipulating:
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Contract of indenture. (a) A suitable contract of indenture shall be drawn up between the adult apprentice and the employer stipulating: (b) The training to be completed by an adult apprentice under a contract of indenture will be determined by the relevant state training authority
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Related to Contract of indenture

  • Amendment of Indenture Section 1.01 of the Indenture shall be amended by adding the following defined term in proper alphabetical order:

  • Benefit of Indenture Nothing in this Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto, any Paying Agent, any Registrar and its successors hereunder, and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture.

  • Ratification of Indenture; Supplemental Indentures Part of Indenture Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby.

  • Ratification of Indenture; Supplemental Indenture Part of Indenture Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby.

  • Incorporation of Indenture All the provisions of this Supplemental Indenture shall be deemed to be incorporated in, and made a part of, the Indenture; and the Indenture, as supplemented and amended by this Supplemental Indenture, shall be read, taken and construed as one and the same instrument.