Arizona Trust Indenture and Agreement between John Nuveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Nuveen Tax Free Unit Trust, Series 1140

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9266
• Format: Word; Rich Text

Description

Trust Indenture and Agreement between John Nuveen and Company, Inc. and The Chase Manhattan Bank regarding terms and conditions of trust for Nuveen Tax Free Unit Trust, Series 1140 dated January 4, 2000. 5 pages. Arizona Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This trust indenture serves as a framework for the relationship and collaboration between John Naveen and Co., Inc. as the issuer and the Chase Manhattan Bank as the trustee. The Arizona Trust Indenture and Agreement provide a comprehensive understanding of the rights, obligations, and responsibilities of both parties involved in the administration of the Naveen Tax Free Unit Trust, Series 1140. It covers various aspects, including investment guidelines, distribution policies, reporting requirements, and the protection of investors' interests. This particular trust indenture ensures that John Naveen and Co., Inc. and Chase Manhattan Bank operate within the boundaries established by regulatory bodies and adhere to the agreed-upon guidelines to maximize the benefits for unit trust investors. The key terms and conditions within this Arizona Trust Indenture and Agreement may include but are not limited to: 1. Trust Purpose and Objectives: Clearly defining the purpose and objectives of the Naveen Tax Free Unit Trust, Series 1140, such as providing tax-free income to investors while preserving capital. 2. Authorized Investments: Outlining the types of securities or assets in which the trust can invest, ensuring compliance with regulatory requirements. 3. Voting Rights: Specifying whether and the extent to which unit holders are entitled to exercise voting rights in the trust's affairs. 4. Distribution Policies: Detailing the timing and manner of income distributions to unit holders, including any tax implications. 5. Termination or Modification: Establishing the circumstances and procedures for terminating or modifying the trust agreement, ensuring the protection of investors' interests. 6. Reporting and Disclosure Obligations: Enumerating the reporting requirements, including financial statements and disclosures, to be presented to unit holders and regulatory authorities. 7. Trustee's Duties and Liabilities: Outlining the responsibilities and liabilities of the trustee, including the duty to act in the best interests of the unit holders. 8. Default and Remedies: Specifying the consequences of default by either party and the available remedies in such situations. It is important to note that these are general terms that might be present in various types of trust indentures and agreements. As the specification of "Series 1140" indicates, there might be several other Arizona Trust Indenture and Agreements between John Naveen and Co., Inc. and Chase Manhattan Bank for different series of Naveen Tax Free Unit Trusts, each tailored to the specific needs and objectives of the respective series.

Arizona Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This trust indenture serves as a framework for the relationship and collaboration between John Naveen and Co., Inc. as the issuer and the Chase Manhattan Bank as the trustee. The Arizona Trust Indenture and Agreement provide a comprehensive understanding of the rights, obligations, and responsibilities of both parties involved in the administration of the Naveen Tax Free Unit Trust, Series 1140. It covers various aspects, including investment guidelines, distribution policies, reporting requirements, and the protection of investors' interests. This particular trust indenture ensures that John Naveen and Co., Inc. and Chase Manhattan Bank operate within the boundaries established by regulatory bodies and adhere to the agreed-upon guidelines to maximize the benefits for unit trust investors. The key terms and conditions within this Arizona Trust Indenture and Agreement may include but are not limited to: 1. Trust Purpose and Objectives: Clearly defining the purpose and objectives of the Naveen Tax Free Unit Trust, Series 1140, such as providing tax-free income to investors while preserving capital. 2. Authorized Investments: Outlining the types of securities or assets in which the trust can invest, ensuring compliance with regulatory requirements. 3. Voting Rights: Specifying whether and the extent to which unit holders are entitled to exercise voting rights in the trust's affairs. 4. Distribution Policies: Detailing the timing and manner of income distributions to unit holders, including any tax implications. 5. Termination or Modification: Establishing the circumstances and procedures for terminating or modifying the trust agreement, ensuring the protection of investors' interests. 6. Reporting and Disclosure Obligations: Enumerating the reporting requirements, including financial statements and disclosures, to be presented to unit holders and regulatory authorities. 7. Trustee's Duties and Liabilities: Outlining the responsibilities and liabilities of the trustee, including the duty to act in the best interests of the unit holders. 8. Default and Remedies: Specifying the consequences of default by either party and the available remedies in such situations. It is important to note that these are general terms that might be present in various types of trust indentures and agreements. As the specification of "Series 1140" indicates, there might be several other Arizona Trust Indenture and Agreements between John Naveen and Co., Inc. and Chase Manhattan Bank for different series of Naveen Tax Free Unit Trusts, each tailored to the specific needs and objectives of the respective series.