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.
The California 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 agreement governs the relationship between the trustee, Chase Manhattan Bank, and the issuer, John Naveen and Co., Inc., in managing the trust. The trust indenture establishes the responsibilities and rights of all parties involved, ensuring transparency, accountability, and compliance with applicable laws and regulations. It outlines the specific terms, conditions, and provisions under which the trust operates. Key provisions covered in the California Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, may include: 1. Purpose: The agreement will define the purpose of the trust, which in this case is to provide tax-exempt income and capital growth to unit holders. 2. Trustee's Duties and Responsibilities: The trustee, Chase Manhattan Bank, will have certain duties to perform, such as record-keeping, distributing income, maintaining compliance with tax laws, and acting in the best interest of unit holders. 3. Issuer's Obligations: John Naveen and Co., Inc. will outline its obligations towards the trust, including providing accurate financial statements, timely reporting, and managing the investment portfolio to achieve the trust's objectives. 4. Unit Holder Rights: The agreement will detail the rights and privileges of the unit holders, including the right to receive income distributions, information transparency, and the ability to vote on significant matters affecting the trust. 5. Payment and Distribution of Income: The agreement will specify the frequency and mechanism for distributing income to unit holders. It may also outline any potential adjustments or contingencies that could impact income payments. 6. Redemption and Termination: Procedures for redeeming units or terminating the trust will be detailed, including any applicable fees, notice periods, or restrictions. 7. Taxation and Reporting: The agreement will address the tax implications for unit holders and the responsibility of the trustee and issuer to report necessary information to tax authorities. Some other types of California Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Naveen Tax Free Unit Trust, Series 1140 could include specific variations or amendments tailored to different series or variations of the trust. Each series or variation may have its own unique objectives, investment strategy, and terms that require a distinct trust indenture. It is important to consult the specific trust indenture and agreement for the Naveen Tax Free Unit Trust, Series 1140 to obtain accurate and up-to-date information on its terms and conditions.
The California 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 agreement governs the relationship between the trustee, Chase Manhattan Bank, and the issuer, John Naveen and Co., Inc., in managing the trust. The trust indenture establishes the responsibilities and rights of all parties involved, ensuring transparency, accountability, and compliance with applicable laws and regulations. It outlines the specific terms, conditions, and provisions under which the trust operates. Key provisions covered in the California Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, may include: 1. Purpose: The agreement will define the purpose of the trust, which in this case is to provide tax-exempt income and capital growth to unit holders. 2. Trustee's Duties and Responsibilities: The trustee, Chase Manhattan Bank, will have certain duties to perform, such as record-keeping, distributing income, maintaining compliance with tax laws, and acting in the best interest of unit holders. 3. Issuer's Obligations: John Naveen and Co., Inc. will outline its obligations towards the trust, including providing accurate financial statements, timely reporting, and managing the investment portfolio to achieve the trust's objectives. 4. Unit Holder Rights: The agreement will detail the rights and privileges of the unit holders, including the right to receive income distributions, information transparency, and the ability to vote on significant matters affecting the trust. 5. Payment and Distribution of Income: The agreement will specify the frequency and mechanism for distributing income to unit holders. It may also outline any potential adjustments or contingencies that could impact income payments. 6. Redemption and Termination: Procedures for redeeming units or terminating the trust will be detailed, including any applicable fees, notice periods, or restrictions. 7. Taxation and Reporting: The agreement will address the tax implications for unit holders and the responsibility of the trustee and issuer to report necessary information to tax authorities. Some other types of California Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Naveen Tax Free Unit Trust, Series 1140 could include specific variations or amendments tailored to different series or variations of the trust. Each series or variation may have its own unique objectives, investment strategy, and terms that require a distinct trust indenture. It is important to consult the specific trust indenture and agreement for the Naveen Tax Free Unit Trust, Series 1140 to obtain accurate and up-to-date information on its terms and conditions.