Connecticut 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. Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank: The Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This document establishes a legally binding agreement between the two parties involved, ensuring transparency and clarity in managing the trust. Keywords: Trust Indenture, Agreement, John Naveen and Co., Inc., Chase Manhattan Bank, terms and conditions, Naveen Tax Free Unit Trust, Series 1140. The Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for the Naveen Tax Free Unit Trust, Series 1140, encompasses several key aspects: 1. Purpose: This section clarifies the overall objective of the trust, which is to provide tax-free income for the trust beneficiaries through investment in municipal bonds. 2. Roles and Responsibilities: The agreement defines the respective roles of John Naveen and Co., Inc. as the investment manager and Chase Manhattan Bank as the trustee. It outlines their duties, including investment decision-making, record-keeping, and reporting requirements. 3. Trust Assets: The document specifies the assets that will be included in the trust, such as municipal bonds issued by municipalities in Connecticut. It further outlines the acquisition, management, and disposition of these assets. 4. Distribution of Income: This section details the distribution mechanism for the tax-free income generated by the trust. It may specify regular distributions, reinvestment options, or any other conditions related to income distribution. 5. Trustee's Rights and Limitations: The agreement outlines the rights and powers of the trustee, including taking legal actions, appointing agents, maintaining accounts, and indemnification. It also defines any restrictions on the trustee's actions, ensuring compliance with applicable laws and regulations. 6. Reporting and Record-keeping: This section establishes the requirements for financial reporting, record-keeping, and auditing procedures. It ensures transparency and accountability between the parties involved. 7. Amendments and Termination: The agreement outlines the conditions under which the trust can be amended or terminated, including the process, majority votes required, and any associated costs. 8. Dispute Resolution: This section details the mechanism for resolving disputes between the parties, including mediation, arbitration, or litigation procedures. Different types of Connecticut Trust Indenture and Agreement may exist for various series of the Naveen Tax Free Unit Trust. Each series may have distinct terms and conditions tailored to its specific investment objectives, asset composition, and geographic focus. It is essential to refer to the specific Trust Indenture and Agreement for Naveen Tax Free Unit Trust, Series 1140, as other series may have different names and characteristics.

Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank: The Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This document establishes a legally binding agreement between the two parties involved, ensuring transparency and clarity in managing the trust. Keywords: Trust Indenture, Agreement, John Naveen and Co., Inc., Chase Manhattan Bank, terms and conditions, Naveen Tax Free Unit Trust, Series 1140. The Connecticut Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for the Naveen Tax Free Unit Trust, Series 1140, encompasses several key aspects: 1. Purpose: This section clarifies the overall objective of the trust, which is to provide tax-free income for the trust beneficiaries through investment in municipal bonds. 2. Roles and Responsibilities: The agreement defines the respective roles of John Naveen and Co., Inc. as the investment manager and Chase Manhattan Bank as the trustee. It outlines their duties, including investment decision-making, record-keeping, and reporting requirements. 3. Trust Assets: The document specifies the assets that will be included in the trust, such as municipal bonds issued by municipalities in Connecticut. It further outlines the acquisition, management, and disposition of these assets. 4. Distribution of Income: This section details the distribution mechanism for the tax-free income generated by the trust. It may specify regular distributions, reinvestment options, or any other conditions related to income distribution. 5. Trustee's Rights and Limitations: The agreement outlines the rights and powers of the trustee, including taking legal actions, appointing agents, maintaining accounts, and indemnification. It also defines any restrictions on the trustee's actions, ensuring compliance with applicable laws and regulations. 6. Reporting and Record-keeping: This section establishes the requirements for financial reporting, record-keeping, and auditing procedures. It ensures transparency and accountability between the parties involved. 7. Amendments and Termination: The agreement outlines the conditions under which the trust can be amended or terminated, including the process, majority votes required, and any associated costs. 8. Dispute Resolution: This section details the mechanism for resolving disputes between the parties, including mediation, arbitration, or litigation procedures. Different types of Connecticut Trust Indenture and Agreement may exist for various series of the Naveen Tax Free Unit Trust. Each series may have distinct terms and conditions tailored to its specific investment objectives, asset composition, and geographic focus. It is essential to refer to the specific Trust Indenture and Agreement for Naveen Tax Free Unit Trust, Series 1140, as other series may have different names and characteristics.